Buying Flat
Purpose
General Guidelines for a checklist for Purchasing flat at Alpine Eco. Note that these guidelines may not be comprehensive and the responsibility ultimately rests on the Purchaser and the Seller. You may take the services of a Property Lawyer. If you are renting a flat at Alpine Eco, do check renting-flat.
Target Audience
Future Apartment Owners at Alpine Eco
Looking for a Flat:
See the AlpineEco Market/Classifieds.
Buying Checklist
Sno | Task | Remarks | Check |
---|---|---|---|
1. | For the flat you are looking at buying, are maintenance dues to the association paid ? | You should approach the MC ( association office) for confirming any No Dues certificate for your flat at least 48 hours n advance of any sale. If your owner did not pay the maintenance for the last month or months then you ask him to clear the maintenance before selling the flat. Else you may end up paying the dues. | the No Dues Certificate becomes mandatory for Moving In or Out. It is recommended that the application is placed more than 48 hours before the Association Office. Persons authorised to stamp and sign is our Accounts staff ONLY. Moving In or Out needs to be first supported by this certificate of NO DUES. The NOC from Alpine Builder will not suffice in this case. Shifting is to be complete between 06.00 hrs - 20.00hrs.We sincerely regret situations who have not secured the document prior to the shifting and the MC or Security personnel will not be in a position to help out-of-office working hours with requests. Please remember to secure your NDC ahead of time from the Association Office |
2. | Is it legal ? | Check for approvals, especially for Ground and 11th floor Flats | |
3. | Is the parking lot disputed ? | Check with the Alpine Eco Owners Association Office for any discrepancy | |
4. | Can you park there? | Some parking slots are only on paper, In reality they have transformers, others have borewells. Make sure you get an allottment letter from whoever you are buying it from. Then get your vehicle stickers from the Association Office. Also note that specifying lot #139 is not enough. It can mean 139 open or 139 Covered. | |
5. | Check for leaks, grouting issues, flow of water, etc. | ||
6. | Has the bwssb water connection been paid for ? | Alpine builder sitting on the bwssb deposit collected and has not deposited it with bwssb. its been over 5 years now. | |
7. | Check for keys to Postbox OR Does your flat have a Postbox? | Some of the flats do not have a Postbox. So getting bills and letters will maybe a constant problem | |
8. | Check for electricity bill, verify RR number and make sure electricity dues are paid for | Find the RR number for the flat and Check at the BESCOM Site | |
9. | Is it registered OR can it be registered ? | ||
10. | Is property tax paid for ? | Ask for property tax receipts | |
11. | Move-in Letter ? | Without this letter. you may not be able to get into alpine premises with the luggage. You can obtain this by paying a sum of Rs. 1500(indicative) at the Association Office. Keep the receipt with you and show it security at the time of Moving-in. Without this, security will not allow any goods van to enter the apt complex. | |
12. | Talk to old time residents. They are the best source of information. |
Once you bought it
- Join the Mailing lists and ApartmentAdda
- Get your stickers and getthe parking lot painted in your flat/block.
- Get an Intercom. Make sure the guard at the security gate has updated your intercom number in his Intercom List file.
- Pay the moving in charges. Will be needed when you move luggage in.
- If you bought the flat as an investment or for whatever reason are unable to stay there, you could consider letting it out. If you are mostly out-of-station or relocating, you could try using the services of a Property management service like http://realtykart.com/ (91-9739505061) or http://www.sangau.com
More questions
Use the Mailing Lists.
See Also
- http://bangalore.citizenmatters.in/articles/be-careful-while-buying-an-under-construction-property
- http://indiahousingbubble.blogspot.in/2007/08/alpine-builders-project-delays.html
- Registration of Instruments relating to flats and apartments
- http://www.commonfloor.com/articles/mistakes-a-new-home-buyer-makes-9823.html
- http://www.commonfloor.com/articles/guide-to-buy-a-home-without-land-troubles-11704.html
- http://www.rediff.com/getahead/2006/dec/27home.htm
- http://indrealty.in/knowledgebase.php?id=14
- http://indiahousingbubble.blogspot.com/2011/12/third-time-unlucky.html
- http://content.magicbricks.com/demand-increasing-for-houses-in-bangalore-suburbs
- http://content.magicbricks.com/housing-realty-sees-15-price-hike
- http://karmayog.org/general/general_3086.htm#.TunEZ7K4qso
- http://business.rediff.com/report/2010/mar/30/perfin-you-can-claim-hra-and-home-loan-benefits.htm
- http://www.rediff.com/money/2007/jul/26home.htm
- http://www.apnapaisa.com/loan/home-loan-india/deductiononmorethanoneproperty.html
- http://www.indianrealestateforum.com/home-loans-relocation-vaastu-shastra/t-know-these-before-taking-home-loan-914.html
- https://www.joyvillemanjri.co.in/joyville-hadapsar-annexe/
- https://www.shapoorjipallonjihousingprojects.com/joyville_sensorium_hinjewadi.html
- https://www.namanresidency.com/
- https://www.neelkanthlakeviewthane.com/
- https://www.lodhahome.co.in/project/lodha-crown-thane/index.html
- https://www.industrialplotsncr.com/
- https://www.mahindrahome.com/project/mahindra-kanakapura/index.html
- https://www.mahindrahome.com/project/mahindra-alcove-chandivali/index.html
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Comments
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Hi,
I am planning to buy a flat at your society. Can you please let me know the water situation ? What is the maintenance charges currently ?
The MC intends to continue the maintenance charges at the existing rate of Rs.1.50 per square foot till such time it needs to be reviewed based on some experience gained from operating the revenue receipts and expenditures over the next few months. Since there will be no “Corpus Fund / Sinking Fund” to start with immediately, the MC proposes to charge Rs.0.50 per square foot as additional cost for a limited period with a view to build up a Corpus Fund/ Sinking Fund.
I have heard that someone old man has filed the case against the corecommitte or the association that they have deliberatly not collected the maintenance frm Ex Land owners who gave their land to the builder have huge share of apartments in the complex and they are really in-human people, politically backup up, extremely greedy, they have not paid maintenance for last 15 months or more!!! And total maintainance arrears is more than 3 cr. But the corecommitte says the case is baseless. I am not sure who is right. I am tennant in this complex and I was initally planning to buy but I am not going to invest in this complex inmy dreams. Also note that from last 3 weeks I am getting red worms in the taps my family has fallen sick badly becasue of this. Similarily many people in complex have fallen sick. The sad thing is that corecommittee has its own ways to suppressing the informaiotn. Thye dont even let us join their yahoo group. Its a very sorry situation at this complex. I am currerntly looking another complex for renting a 2bhlk.
Is the legal issues cleared out for land owners. Is it safe to buy the flats from this society
But there is legal case on the corecommittee.
Can i buy a flat in Alpine eco? Are the legall issues resolved?
Should i but from Builder? OR should i buy landlord share flat ?
Can i but @ 10th floor ?
Appreciate your guidance
maybe. the flats are going at a discounted rate as compared to neighboring societies like akme ballet as there were few issues namely
with ex-LO s having another member who claimed a share later which led to a temporary stay on sale & khata registration,
bbmp improvement money that the builder reportedly promised to pay but hasnt and all some other niggling problems like :
construction of ground floor flats and above 10th floor flats as deviation from the approved plan.
lack of fire safety equipment working,
lack of any visitor parking space as mandated by bbmp,
sizeable chunk of maintenance spent on water bills due to reliance on water vendors - abt Rs 20/flat/day of maintenance money goes for buying borewell water which is abt 25- 40% of the monthly maintenance amt collected - this varies depending on rainy and non-rainy seasons
abt 1 lakh per flat was collected from flat owners as bwssb deposit for cauvery water connection. The builder has not transferred the money to bwssb so far and is sitting with aboyt 7.5 crores of owners bwssb deposits.
unsurety if payment was made by builder to bwssb for cauvery water and
plumbing issues with indoor swimming pool and
a significant number of maintenance defaulters (50/800) and a
management that is perceived as largely dormant
at the same time, these problems are not unique to eco & the location and its proximity to industry/office like emc, intel, itpl and prevailing supply-demand equation ensures that the property price may stay steady. in short, if one can do :
sale deed + khata registration and
have a clear title+parking lot where u can park &
the flat has no earlier maintenance dues to assn,
and one is aware of these issues and factored them in, it may still be worth it.
either is fine, just make sure you can get the khata done and the bescom bill transferred in your name.
Try to avoid the ground floor and topmost floor viz. above 10th floor flats,
as they say its not legal. at least not yet regularised.
think 10th floor flats should be fine as they were part of the plan.
Do ask some 10th floor residents if a water pressure problem exists on that floor though.
Dont buy from either one. See the problem listed below.
All buyers,
In my opinion it’s a total was waste of your money to invest into this project because of following reasons:
1. The Ex Land owners who gave their land to the builder have huge share of apartments in the complex and they are really in-human people, politically backup up, extremely greedy, they have not paid maintenance for last 15 months. Have their key people in the Management Committee (MC) and therefore MC is also not taking any action.
2. These Ex Land owner are constantly milking the maintenance amount collected from the Resident with help of MC monthly to the tune of 20 – 25 lacs per month!!!
3. Total money to be recovered is of tune of Rs 300 lacs from the defaulters of maintenance.
4. There are huge list facilities but all of them are in miserable condition.
5. STP plant never worked!!!
6. You stinking water in the toilet flush.
7. Now Apartment complex is facing a deadly problem wherein red worms are coming in all taps!!!. Many residents have fallen sick and hospitalized because of this. This again is because of total mis-management by the MC. This situation is so serious that it will take months to recover from this problem.
If you want throw your hard earned money when buy an apartment in Alpine Eco.
Hi I am planing to buy a flat in alpine eco and almost finalised the falt.just wante dto know should i buy the flat in alpine eco because of the legal case
Appreciate your advise
is the legal issue will effect us in future if i buy the flat in alpine eco.What are the things i need to verify before buying the flat in alpine eco
certain things to check while buying a flat are:
1. if association dues are paid (just go up to the assn office, state the flat number and ask for dues)
2. if dues to alpine builder are paid (call up the alpine builders office and ask if any dies are pending against this flat, else meter transfer becomes problematic)
3. if the parking associated with the flat is already allotted to anyone else(check with the builder on this)
4. Eleventh Floor and Ground Floors are not part of the original approved plan. Is your flat is one of them, getting electricity/postal mail maybe a problem as it was not accounted for in the circuit breaker of the electricity rooms or while installing post boxes.
other common things to see for are :
1. if there are any leaks or cracks in this wall
2. flooring - water flows the wrong way in some flats… viz comes out of the bathroom or from the balcony to the living room
2. talk to the neighbors of the flat to see if anyone stayed there previously and if they know about any potential problems with the flat.
Hi All,
4 BHK spacious Flat is available for sale in Alpine Eco.
Area : 3214 sft
2 car parking
4 BHK + 1 servant room
Sale price : 3200 /sft (negotiable)
if interested, contact me for more details @ 8123001980
Please let me know if buying flat in apline is Legal now . I have heard few issues like
1. Water Tankers requirement is too much
2. Lot of legal issues (sister has filed case against brothers (landowner family)
3. Stinking water in Toilet flush (heard they are coing up with new plant in couple of months)
1 and 3 points are almost with 80% of builders but 2 point canot be negated .
Owners please suggest or share your experince about owning a flat in Alpine . Is it worth spending so much money ?
Hello
Greetings.
I saw the Alpine Eco wiki page and found it quite impressive.
The owners are doing a pretty good job here.
I wanted to but a flat in Alpine Eco.
So, just wanted to ask few evident questions from the association:
1.> Are the legal issues resolved ? Is it safe buying in Alpine Eco owing to the legal issues?
2.> I heard 2 blocks near swimming people have a government stay order for sale. Is this true?
3.> What is the maintenance per sq feet ?
4.> Is it safe to but from Land Owner's share ?
Your early response and any help in this regard will be highly appreciated.
Hi Guys
Can somebody update me on the current status of legal issues in Alpine eco?
I am planning to buy 2BHK flat there.
Also let me what should be the reasonable price for 2BHK 1188 Sqft flat.
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