Mahagun Group settles with IDBI Trusteeship

The settlement is a necessary step, but it doesn't guarantee anything. Homebuyers should continue to exert pressure and demand transparency. After all, it's our hard-earned money at stake.

Seedhi baat, this is a positive step, but the proof is in the pudding. Until I see significant progress on the ground, I'm reserving judgment.

So, what's the next step? Will they announce a revised possession date soon? Koi idea hai?

Sector 78 mein kya rate chal raha hai aaj kal? Anyone have any idea? Considering investing there. The new metro line is a game changer.

U15, Sector 78 is pretty hot right now. Expect to pay around 6500-7500 per sqft depending on the project and location. Metro connectivity is definitely driving up prices.

This news is positive, but I'm still sceptical. Mahagun has a long way to go to regain the trust of homebuyers. Action speaks louder than words.

I think it's a good sign. Any movement is better than no movement. But keep a close eye on the project timelines and construction quality. Don't rush into anything.

U9, I feel your pain! Mera bhi same experience tha with Supertech. It's so frustrating. Legal action is the only way to get them moving.

U9, Did you file a complaint with RERA? That's the first step. It puts pressure on them. Also, form a buyers' association. Strength in numbers!

What about the pending dues? Will the homebuyers have to pay extra now? That's my biggest worry. I heard they were asking for increased EDC charges.

U3, Quality is a serious concern. I visited a friend in Mahagun Mirabella, and the plaster was already cracking! Make sure you do a thorough inspection before accepting possession.

U3, bhai, don't just rely on hearsay. Go visit the site yourself, talk to existing residents. Tab pata chalega asliyat.

U6, Exactly. Online reviews can be misleading. Site visit is a must. Plus, check the builder's other completed projects in Noida Extension for reference.

This is definitely a positive development. The settlement with IDBI will unlock funds for construction. But buyers should still be cautious and do their due diligence. RERA registration number check kar lo sabse pehle.

I booked a flat in Mahagun Mantra back in 2016. Still waiting for possession. Every few months, they give a new date. Builder ne phir se date extend kar diya lol. I'm losing hope.

Finally some good news! Mahagun was giving me major anxiety. I invested in their Moderne project, and I was worried sick. Ab thoda sa ummeed dikh raha hai.

Positive news for sure! But let's not get too excited too soon. Builders have a history of over-promising and under-delivering. Dekhte hain kya hota hai.

Settlement is good, but what about the actual construction progress? Anyone has any update on Mahagun Mezzaria? I heard the quality of construction was also questionable. Is it true?

U3, I've heard the same about Mezzaria. My friend booked there and is regretting it. Says the finishing is pathetic. RERA mein complaint daalni chahiye agar aisa hai.