If you are looking to buy a property in Medavakkam, Chennai and zeroed in to RWD Palm villa or RWD Fern flat, hold on. Thanks to on going global crisis and the downtrend of real estates, you can negotiate and bring down the prices to 2/3 of the value they quote (Rs 2,999 to Rs 2,000 per sq ft) I'll give you few questions to ask. Take a printout of this and ask the marketing people one-by-one. Look at the response and then you can probably bring down the price by another 500 bucks. Or even more if you are good negotiator!
- Initially, did you promise the owners of the villas that there won't be any apartments and the entire site is only for the RWD Palm? Then why did you break the promise and added the apartments inside the complex?
- It seems that many of the villas had quality issues, esp the water is leaking from the tanks & roof into the houses. Is that true?
- Is it true that the most of the RWD Palm villas were delayed for more than 1 year?
- In your advertisement in December 08, you said RWD Fern will be completed in 12 months. But now in September 09 you say it will be completed in 8 months. Does it means its running into delays already? How do I trust you to finish it in another 8 months?
- In the same December 08 ad, you said the special price of Rs 2,999/- per sq ft is applicable only for the first 50 customers and applicable only for those who book on that weekend. Now in September 09 you are still quoting the same price. Is that you have not even sold 50 apartments or the prices of your apartments have already gone down due to the delays and quality?
- For how many villas did you pay the penalty amount as specified in the agreement?
- If RWD Palm is called a gated community, why are the roads, childrens play area, jogging track, park are owned by Municipality?
- Despite every resident paying club membership of 1L, why is it that RWD will own the Gym, Swimming Pool and other amenities? Ideally shouldn't it be owned by the Owners association?
- Why is that every resident has to pay the maintenance of the amenities owned by RWD? Why can't RWD charge only the people who are using the facilities?
- It appears that the water from the common well is stopped by RWD for no reasons. Why is RWD not getting water connections from the Panchayat?
- The transformer is already maxed out with only 100 houses in RWD Palm. One additional transformer is added to cater the current need. If more people move in, especially when RWD Fern is completed, we will definitely need another transformer. When are you installing it?
- Even after handing over nearly 100 houses, why is RWD refusing to form the Owners association?
- Is it true that someone has filed a case against RWD in the Consumer Court?
3 comments:
I am planning to book 2bhk in rwd fern. The flat looks nice. Now after seeing te comments we are afraid. Can I have the phone number of any of the owners? my number is 9940499154
You can better visit the site, talk with the house owners in person. That would do much better :-)
i booked flat 3bhk in rwd fern. i read so many blogs about rwd . is it true. what about power crisis in palm.
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