Don't just bank on the INTERNATIONAL brand KEPPEL

Review On Puravankara Builders, Bangalore

Before you commit any of the projects, do take a closer look as mentioned at.Here is an Excerpt from the article:

With the KPDL (Keppel Puravankara Development Limited) already late in delivering the apartments (the promised delivery date was Dec 2007), the select few home owners who have been intimated of the handover (of the first 2 blocks) are facing various issues with the quality of the apartments.

The delivery of the remaining blocks are further delayed. Most of the home owners have been informed that the apartments would be delivered by Dec 2008 but, the people who have visited the site strongly feel that the project might not make it by the delivery date.

KPDL does promise international quality apartments in the advertisements and while the prospective buyers approach their sales team. However, according to a senior Keppel Land official, during a meeting with a few dissatisfied owners, the quality of the apartments would not be close to the ones of their solo projects in Singapore as this project is in India and the amount paid is in Indian Rupees and not Singapore Dollars.

The home owners who have already signed the contract (with or without reading the finer prints) are now at the mercy of KPDL now claim that they would go by the papers irrespective of what their sales people verbally committed while selling you the apartment. A couple of points that are now bothering the home owners which probably should have been caused a greater concern while signing the contract are:1. You would need to pay 24% interest if your payment is delayed.2. They have a 6 month grace period after the promised handover date only after which the owners would be paid a very nominal compensation. If any of the payments are delayed by the home owner, the owner would forfeit the compensation.

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