Indiabulls green-Phase 2

Review On Indiabulls Real Estate, Chennai

Visited site and saw construction advancing at good pace upto 7th floor now.Zeroed down on apartment in D block. They are yet to receive CMDA clearance for floor above 7th upto 19h floor and expected soon.

My query is on water in high rise buildings in chennai. Assuming atleast 500 members will be residing and ground water quality in south chennai not to the mark, not sure if really should go for high rise or some low rise schemes near Global hospital.

Also, maintenance and other issues associated with maintaining such huge facility once builder walks out requires some experience and have seen members struggle to maintain such facility themselves. Not clear if maintenace will be handed over post completion of phase 2 or will continue by builder.

Also scheme is not in name of Indiabulls but some other name. In case of conflict later, would be difficult to make parent company accountable.

Overall scheme is attractive and well priced. Hence having double thought. Any views and suggestion?

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