PUBLIC NOTICE PUBLISHED IN “VIJAY KARNATAKA” ON JUNE 10th 2017 & “DECCAN HEARALD” on June 17th 2017


NCPBA thanks  all the members who have joined together to fight for their flats which are not  completed as yet by Nitesh Estates Limited. As per the court order to publish the public notice , we have published the same notice in “Vijay Karnataka”  as below –
Our Submission of the consumer case was challenged on the grounds whether it qualifies to be entered under Class Action Law Suit under section 12(1) C of consumer protection act 1986 or not by Nitesh Estates Limited. The court has ordered in favor of the Nitesh Caesars Palace buyers and has also issued the order to issue a public notice in leading newspapers. We invite all the buyers in the Nitesh Caesars Palace project to be part of consumer case to ask for their rights and early completion of their flats.
Final_Nitesh court notice

If people who are left out of this 250  list , still wish to join the consumer case can contact us at ncpbassociation@gmail.com  or to Mr.Vishwanath @ 9845008469 or to Mr.Rajesh – 9845274728.

NCPBA doesn’t wish to leave out any buyers stranded alone , fighting alone for their own flats with Nitesh Estates Limited.

If any questions or any difficulty , please feel free to call or mail us.
As per the court order , we would like to invite all other buyers from the project “NITESH CAESAR’S PALACE” to be part of the consumer case and ask for their rights.

Regards ,

NCPBA

Download News Paper Clip – “VIJAY KARNATAKA JUNE 10TH.2017”  & “DECCAN HERALD JUNE 17,2017

 

NCPBA is now registered


NCPBNCPBA is now registered and board objective will be –
1. To get the speedy delivery of NCP
2. To get compensation for Delay of project
3. To get Maintenance agreement for 2 years
NCPBA has already decided to go legal against NEL and we request all other members who are not registered to be part of NCPBA and provide the below mentioned documents to make our case more stronger –
1. Sale Agreement with NEL for their individual flat
2. Construction Agreement with NEL for their individual flat
3. Payment statement ( payment made to NEL, whether through bank loan or personally) 
NEL has already made lot of irregularities even in the Registered sale deed of the flat owners who have registered their flats.Hence , we request all flat owner to come forward and give strength to fight this injustice.We already have few members who have provided all the above documents to us , so we  request other members as well to join hands together and fight against NEL.
NCPBA Committee 

Magic Bricks Now – Questions by Mr.Vishwanath – Nitesh Caesars Palace


Lawyers suggestion key points:
  1. Buyers association either registered or unregistered can represent the case. However, registration would give more benefits so  the builder is forced to talk to one identify who represents buyers benefit. Builder will naturally respond / negotiate once an association is formed.
  2. Registration can be done before Occupancy Certificate (OC)  but need to get the sale deed clearly checked line by line, by lawyer on this channel showed his suspicion of only 2 blocks ready out of 8 blocks: chances of many issues. Registration agreement needs clear scanning by lawyer to avoid future mistakes as the project isn’t complete.Buyer can register the property but do not tie registration to OC as that will clear all the uncertainty of owning the flat.
  3. Possession without OC is at builders cost. Builder is liable to bear all cost such as taxes, power, maintenance etc. Buyer can take possession if builder is giving alternate power but should be at his cost not owners.
  4. Maintenance agreement: There is no legal binding to sign any maintenance agreement during registration you can deny as it is one sided. Strictly No to maintenance agreement of 10 yrs..Builder cannot enforce this for signing. Demanding 1 year maintenance cost in advance is ok. Maintenance payments to be in the name of different or specific bank account. Need not pay more than 1 year.
  5. Arbitration clause is not applicable for filing case in consumer court. There is only consumer court for this issue and can be through association and effective through association rather individual. Interim relief for completion of amenities/services can be claimed at consumer forum.

Remedy for Project Delays


Will the prices of real estate come down? Should you be buying commercial property? Is the government’s negligence of roads and potholes impacting the price of your property investment? Watch incisive debates on Burning issues of the Day. Listen to the biggest voices in the Business, Government and urban planning only on ‘The Urban Debate’.

What is Partial Occupancy Certificate


What is a Partial Occupancy Certificate?
Partial Occupancy certificates are granted to large residential projects in part or for the part completion of the project or blocks of it. Once the specific phases of the projects are complete the local authorities like the BBMP or the BDA issues a Partial OC after due inspection of the completion of that phase. Eventually as the next phase also finishes being constructed another partial OC is issued. When the entire project is being completed the authorities issue an OC in replacement of the Partial OCs. In short the Partial OC allows the part occupancy of the project. The validity of the Partial OCs will be till the project construction is complete and the final OC is issued for the whole project. The provision of the partial OC is given as per the enactment as laid down in the bye laws of the Section 5.7 of the Bengaluru Building Bye-Laws 2003. The concept of the issuance of Partial Occupancy Certificate is not new but it is gaining more recognition as the construction of phased buildings are in to vogue more and more.
Pros and Cons of the Partial Occupancy Certificate
The Partial Occupancy Certificate can give  the developer a biggest financial advantage as before the completion of the whole project the possession of the few of the blocks can be delivered. With this one can apply for electricity, water and other connections.
But the disadvantages and the difference with an Partial Occupancy Certificate is that one can’t apply for home loans or neither can one apply for Khata Certificate as they can be issued against the OC only. In this respect the expert realtors caution the buyers that one has to see whether the occupier is given the Partial OC or the OC at the time of occupancy.

4 Home Loan rules most of the investors don’t know about


Can you claim tax deduction for your under-constructed house? Can you claim tax for the home loan taken from your friend and not from Bank ? These are some of the questions which are not generally discussed over and lot of investors have no idea about actual rules. In the video below I will talk about four not so known rules of home loans . Keep reading ! . Readers on email can watch the video on this article.

28th Feb NCP Buyers Unity


Unity is strength… when there is teamwork and collaboration, wonderful things can be achieved.
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211Where there is unity there is always victory.

 

NCPBA is made for the betterment of Flat Buyers. All members are on same platform. . There is no discrimination among the members. Every member is being treated as friend and as futureNeighbour. We are here not just for our common goal i.e. our Home, but also for the sake of better relationship among the Neighbours.

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Next Registration-NCPBA -Buyer Registration

Date: March 5th ,2016  Time :11 am to 12.at NCP site.
Kindly come forward with your following documents  of each flat buyers:
1. Two Passport photographs
2. Address and ID proof..Aadhar Card
3. Driving License/Passport
4. Sale and construction Agreement xerox copy with NEL of each flat owner
5. Rs.1000 cash towards membership fee.
Note:Outstation Buyers registration drive will be later …when we as group are ready for managing online payments and managing online documents.
While unity lies in diversity and strength comes only in being united; so join hands and show your support by becoming your NCPBA Registered members.

Buyers and flat owners must join the below forums to stand united 

Email:ncpbassociation@gmail.com

Blog: https://ncpbassociation.wordpress.com

Facebook Group: https://www.facebook.com/groups/493665760779280/

Google Group:nitesh-caesars-palace-flat-owners@googlegroups.com 

 Join the association and share your details one time only-Click Here