What happens when members discuss issues on Gurgaon’s Top Community Portal - GurgaonScoop.com?? Things move !!

Thanks to one of our readers for bringing to our attention that the comments posted by a member of GurgaonScoop.com & of RahejaAtlantis.Qubrex.Org had made it to the cover story in Businessworld. The story was “Rise & Fall of Realty” and can be found here “Businessworld.in - Rise & Fall of Realty” (Quote on page 3)

The original articles posted by GurgaonScoop.com member are here

• Calling Aggrieved Customers in Raheja Atlantis of Super-Delayed Towers A & B

• Calling Aggrieved Customers in Raheja Atlantis of Super-Delayed Towers A & B

The posting by Mr. Garg was cited under the context that “Regulation (is) Needed”

The real estate sector is amongst the largest revenue generators …. yet, it is the most unregulated sector as far as the customer is concerned. Funds raised for a particular project are diverted to complete other projects or square a maturing loan. Delivery schedules are seldom met and there is no way errant builders can be penalized.

Here is the cover of the magazine Businessworld in which the comments appeared ..

The article on which the comments were quoted …

The page on which the comments appeared ….

And here are the comments of Mr Garg ….

Originally posted at www.GurgaonScoop.com

Dear All,

I would like to connect with fellow property owners in Raheja atlantis project who are suffering with the delay in posession of this project. Posession is over 2 years delayed, and still there is no end in sight.

Cost of funding has gone up tremendously since 2004-5 when we purchased this apartment. we have paid up 95% of the purchase price long time back. Even if builder agrees to pay Rs. 5 psf per month penalty then that would amount to only 2.8% annual interest on the capital deployed. In essence Mr. Raheja has enjoyed this loan from us at a meagre 2.8% while we are paying 12% interest on loan.

Organisations like DLF have realized this and have increase penalty to Rs. 10/sqft. We should demand the same from Mr. Raheja, and also get a firm date about the handing over of our towers. Currently it seems that there is almost no work going on in the towers.

Lets connect and take this forward.

Shaleen Garg
09767897983

WITHIN RAHEJA ATLANTIS PREMISES:

1. Facility Manager for electricity, water, plumbing etc problems:
   Mr. Satish Kumar - 9810595825
2. Estate Manager for Raheja Atlantis
   Megha Taneja - 9971091929
3. Security Supervisor
   Mr. Pradhan - 9971091948

BASIC AMENITIES:

1. Electricity - SDO - Sector 31 - 2382364
2. Telecom, GM - BSNL - 2391818
3. Roadways Enquiry  - 2320222
4. Railways Enquiry - 2321222
5. ESI Dispensary Gurgaon - 2320515
6. Chairman, People for Animals - 2322103

GAS AGENCIES:

1. Indane (Gurgaon Gas Agency) - 2322062
2. Indane (Anand Enterprises) - 2320884
3. BP ( Chand Gas Service) - 2323227
4. HP Gas Agency - 2321325
5. Jagriti Gas Service - 2329675
6. Mata Sheetla Gas Service - 2332556
7. Raghu Gas Agency - 2320260

HOTELS & CLUBS:

1. HUDA Gymkhana Club - 2381133
2. South City Club - 2380973
3. Galaxy Hotel - 4565000

SCHOOLS:

1. Shri Ram School (Aravali) - 2570490
2. Blue Bells Model School, Sec 4 - 2321590
3. Delhi Public School, Gurgaon - 2267255
4. Ajanta Public School - 2381823
5. Delhi Public School -Sec 45 - 6581523
6. Shikshantar School, South City 1 - 5082359

The Gym - Fully equipped with the latest sports machines.

View of The Gym in Tower 'D'

Another View of a The Gym in Tower 'D'

View of The Billiard Room in Tower 'C'

Another View of a Billiards Room in Tower 'C'

View of Swimming Pool

Another View of a Swimming Pool

View of a Table tennis Room in Tower 'E'