ParkWest
Shapoorji Pallonji has announced the pre-launch of their new residential apartment project to be called ParkWest. The high rise residential project located at Hosakere Road, Binnypet is spread across 47 acres and will offer 2 & 3 BHK apartments and 4 BHK pent houses across 3 towers of G+18 floors. Additionally a 6 acre commercial development will be part of the project bringing the total land parcel to 53 acres.
ParkWest Options
- 2 BHK – 1245 to 1300 sft
- 3 BHK – 1500 to 2000 sft
- 4 BHK – 2400 to 2500 sft
ParkWest Location
Binnypet, in between Chamarajpet (South ) & Rajajinagar (West ) on Tank bund road & off Mysore road near Sirsi circle
ParkWest Price
Apartments starting from Rs. 85 Lakhs. Pre-launch pricing for first few bookings.
Bookings open at 9:00 am on 25th of March 2014
Hi I am looking for Vastu complaince unit which is series 1 – if anyone interested to sell please email me the details along with expected price preferably unfurnished –
I am looking for 3/4BHK in Parkwest urgently if anyone interested to sell please email on
Hi Folks I have got 2 flats which I had bought for Investment both are 3BHK in Parkwest 1515sqft & 1862sqft if anyone interested Please email me on not gmail its email & in email please mention mobile number
Poor design by SP. u can’t carry big sofa or cot using lift. SP mgmt says u need to carry it thru stair, imagine if u r staying in 18th or 32 floor, God save u. Dumb design by SP. shame on their 150 yrs of construction exp.
Hi, have you got possession? How is the delivery response from the group in phase 1?
Yes. Very arrogant management. They will promise to fix issues in apartment after registering, but they will try to avoid you after registration. I have been following for last seven months, still they have not done desnagging and didn’t hand over apartment ( seven months after registration). They have failed to deliver what they promised.
Anyone booked in the newly launched Magnolia tower?
What’s the price & terms for Mangolia Tower
I booked flat in magnolia last week. It was around 2.2 crores including registration and 2000 sqft
I booked a flat in Magnolia, do we have a Whatsapp group for all owners to discuss common concerns? Please add me as well, my email is
Yes, I agree with you that it is Purely one sided Agreement. Even after completion of Phase I they have not provided the list of Amenities they provide. They dont respond to email queries and lack TRANSPARENCY. I did not expect this from reputed builder like SP, small scale builders are better than them. Hmmmm. Very Unhappy Customer.
PLANING TO SALE MY 2BHK IN OLIVE . IF ANY BODY INTERESTED GIVE ME A MAIL
Why people are selling their flats in Park west? Can anyone tell me the truth?
Hi,
I booked flat in Maple Flat C-1402. I got the documents verified in Bangalore by reputed advocate and booked after confirmation from Advocate that all the documents are satisfactory. During the verification process Parkwest staff cooperated very well to provide all the necessary documents and answered to my Advocate queries.
For ParkWest Phase – 1 please join our group through Telegram. or use the link below.
Only 6 more months for completion.
https://t.me/joinchat/Do9zJA3-UqXJN_ORwz6cBg
Whether will they deliver 1st phase as promised or will be delayed.
Hi Sankar,
I joined your group in Telegram.
Dear sir / madam, I am one of the customer who has purchased an apartment in PARK WEST – Olive C – 402. With due respect to the peoples principles and culture and tradition I just want to put across one issue that this particular floor is for vegetarians according to the stated agreement which was overlooked. ANy body who is a vegetarian in a general / upper floor and opt to come to this particular floor, we can together discuss and work out some kind of unit change / exchange. Also I seek help and guidance from other owners with this regard how we can go about. Looking forward for some kind of help and suggestions from the group.
Dr.Nandeesh BN
Olive – C – 402
email-
”
Thanking you
Its a 3 BHK, 1516 sqft
Glad to know that culture is still alive. Unfortunately, in the name of freedom, liberal values etc, unnecessary slaughter of animals is being condoned.
Hi all home owners of park west project I’m Anil, I’ have purchased a 3br in Olive in the pre launch. I request you all to join in the what’s app group created by Mr.Shankar. It will be a good platform to get instant answers. Tx
Hi,
I have an apartment in Mulberry . Please let me know how do I
join the whatsapp group.?
Best Wishes,
Satya,
Please message me through Whatsapp or send an sms
My number is +91 9886013831. we have 3 different groups. Will help you in getting into all groups.
Thanks Satya, we can make use of this group since there are going to be 1000 residents approximately in phase 1.
Hi all, Please send a request to 9886013831.
Regards
Sankar
http://www.thehindu.com/news/national/tamil-nadu/I-T-Department-conducts-raids-on-ETA-Buhari-Groups/article16989576.ece
Will these IT raids have any impact on Park West, as it is a JV between ETA and SP group?
It need not.
“It need not” is different from “It will not”.
My question – Is there a possibility of a negative impact? Should buyers be careful? What additional checks and precautions need to be taken?
Wish somebody had the gumption to say “it will not”. An IT raid by itself need not impact this project.
What would be the impact in prices considering government crackdown on black-money ?
Hello everybody!!
I have created a page on Facebook for the owners welfare in this project, you can find it as Shapoorji Pallonji Parkwest owners welfare or Facebook.com/Parkwestblr
This can help all the owners shares their views and the latest pics and videos of the project.
And can make this one of the best projects of Bangalore benefitting one and all.
Do like and share the page.
Hi all, I was really impressed seeing the property and the amenities.. We have to pay our booking amount next week. But looking at the comments above we are really worried. Can anyone suggest should we really invest there??
If you want to stay there, go ahead. If you are looking for an investment, it may not be great as this project itself will have more apartments coming up over the next few years. The price will be bench-marked with what SP quotes as supply is not going to be problem for the next 7/8 years.
Hi,
I too strongly believe that one should go for this property if they are planning to live there because of the location and other amenities. Especially those who have affinity to Central Bangalore and its cultural routes (Majestic, Chamrajpet, Gandhi Bazzar, Rajajinagar, Malleshwaram) and want good proximity to these areas in the long run (like a native Bangaloorian like me), will find a good proposition here. I don’t think there is much of big land patches are left in central Bangalore. However, if one is looking at business districts close to this place, then it might not make much sense as it makes more sense to go close to North or East Bangalore or extreme south.
On the quality of the construction, I trust SP is a very reputed builder and will not compromise on the quality.
Not happy with the agreement terms as it is too one sided. There is no mention of amenities being provided (other than one mention of club house). Hope the new real estate law will help us override all these clauses in any potential litigation that comes up. I am only going by the reputation of the builder and this being the first own project in Bangalore, hope they will live up to the expectations.
Yes the traffic situation of the entire place when all the towers come up there is a concern. Hoping that the road expansion which is anticipated should alleviate this issue to some extent.
Yes, the surrounding areas as little sensitive (Mysore Road on one side and Magadi road on the other). But, we have to live with such concerns in central, west or south Bangalore.
Pricing wise, it is reasonable as compared to Sobha or Prestige in the vicinity even if you consider other charges (which I am sure other builders will be charging too, such as club membership). I like the Annual payment scheme (for Phase 2) where significant amount could be held back by us till the possession. If you are not immediately looking to move and can afford to wait for 3 years plus and stagger your payments, it helps
Definitely hoping for ETA Namma Mall to come alive after people start moving into the apartment.
hey, we are looking to buy a property in parkwest but have few concerns. like Train station in nest to this property and there is a railway track next to the apartment. There will be a lot of train sound, especially at night. can u please let me know if they have taken any care for this?
Interested to purchase a3 Bhk 1800 sq ft or 2000 sq ft in park west phase 1. Anyone interested pls contact assp
Yes, what is the price??
I am also interested to buy in Phase 1. Let me know of any available options at my email ID aruncm86[AT]gmail[dot]com
Thanks!
Two BHk In first phase is available contact @
Send me details –
I am also required in phase 1 2bhk .pls send me the details.
Is anyone aware of any impact on this project from the ongoing Rajakaluve drive?
Kindly add me to the group.
This is the first project of Shapoorji under their brand name. I feel it will come up very well.
Once phase 1 is donel, the demand for the property will go up. By the time all surrounding flats will be ready.
Today I have seen the flats and constructions are going very fast.
GST has created nightmare. Looks like we have to pay more than 6% on the overall cost.
My id is and I have purchased 3bhk in Mulberry.
Please do not forget to add me in the group.
Regards,
I have booked an apartment in Emerald. During initial discussion they had informed that double layered glass windows & sliding doors for the deck/balcony will be installed. Now they are saying that it will be a single layered one. Can any of you clarify on this. Single layer will be a problem due to increased heat & sound. it will be a real problem during summer.
Hello everybody!!
I have created a page on Facebook for the owners welfare in this project, you can find it as Shapoorji Pallonji Parkwest owners welfare or Facebook.com/Parkwestblr
This can help all the owners shares their views and the latest pics and videos of the project.
And can make this one of the best projects of Bangalore benefitting one and all.
Do like and share the page.
Whats the current price now in this project? Is it better than Prestige westwoods
Comparatively price wise Parkwest may be better than Prestige West wood and Puravankara SunFlower when we checked before booking in 2015. Added to that 40+ acres will give good open air.
I visited the site, it is little inside compared to westwood. Also the persqft price is lesser but the charges for amenities and maintenance is exorbitant. I doubt if there would be much appreciation in the price couple of years from now. Any expert comments?
please add me in this group my mail id is
I really liked the plans as well. Center of the city and great accessibility – I am also contemplating a visit again this weekend, check the final price and then, think about investing.
I have booked the in olive c 1506 . Pls add me in the group.
Hi Priya,
A number of projects 2-3 bhk high rise are coming up in the locality. So u can imagine the traffic that will be pushed onto tank bund road. Also not the heart of the city. That’s near MG road. It is not the centre, but the heart, the place where it is all perfect.
The project has already been delayed. They say some 6500, but the extra charges are so much that it becomes a much higher amount. Also when u will want to sell, you will find enough sellers of the flats in the market, that the price rise will be insubstantial. Behind the project are all middle class apartments, and very very affordable ones. Everything depends on how this gets executed. Bangalore is a predominantly 60-70 lac sweet spot. Very few can afford 1.3 cr houses. Additionally, if u can afford one 1.3 cr house, you could actually buy it just behind MG Road.
Hi Nirmal,
can you suggest me a flat behind MG road for 1.3 cr ? Hope the property your suggesting will be recently constructed one
Thanks
Bangalore wasn’t built that long ago. And what everyone forgets is the location matters more than the property amenities. Check out century park 2 bhk 1.4 CR.Won’t be recently constructed
What you should be concerned is the quality of the building and any underlying issues of construction. Logically thinking , buildings won’t just fall down if they are older. Also would u rather stay in a newly built flat in some not prime area, rather than an older quality flat in a prime area. Young folks think it is otherwise but the prevailing wisdom all over india has always been location location. Probably why 70 year old houses in Mumbai can sell for 14 crores.
I think parkwest is in a prime area as well .i think close to railway station and connectivity to metro makes it a good prospect ..the construction quality is also good as it comes from a reputed builder .regarding that 1.4 cr flat in century park looks like one of case as other properties in that area are quite high …strange that some one is selling lower than bda guidance value for that area …location wise all places in Bangalore are filled with traffic and in between that if u get a place with open spaces ..should be worth an investment …if location was everything then everyone would have lived in central Bangalore …old or young using logic and experiences to choose a location .should give good results
Railway station connectivity doesn’t change much unless u are travelling be and then. The metro is useful, especially cause when 2000 cars leave the park West complex for work , definitely a traffic jam. Well they would, bt then central Bangalore is not easily connected to electronic city and Whitefield. Parkwest may be an excellent property but it is not a prime area. Traffic, should check out the area around century park to get a sense of price. Easy enough idea is to check out how many schools / colleges around . Hospitals and ATMs. Functioning malls. Also central Bangalore will easily get water.
Also , ummm this was just a reco, in case u had the full finances for the flat. In case you were looking for a flexibility and willing to wait for 4 years, Parkwest is totally perfect.
Thanks Nirmal ,
I still wonder which areas in Bangalore don’t have traffic during peak hours ,whether it is 2000 or 4000 jams are there everywhere .even the Richmond area throughout the day is choked .define a prime area ?
With respect to functioning mall ,I know the mall outside is not occupied .it is because the apartments have not been habituated yet. There is a metro cash and carry right outside .railway station is close to a km.for your information this also gives connectivity to Whitefields daily lot of IT folks take the train from majestic and go to whitefield in half an hour ,a standard which cannot be matched by even mg road or Richmond Road.but then again if there are choices made one should go with them.these are my views but if one wants to live in some old property in Richmond Road a prime area which is totally commercial and filled with people and jams.it is totally perfect
Lol vijay, i knw folks staying in PRESTIGE SHANTINIKETAN who have a traffic jam inside the complex to come out to the road to go anywhere.
Unless u r a businessman or got some fake papers u can’t use metro cash and carry. Well using the budget of. 2 bhk at parkwest, one can easily purchase a 3 bhk in Whitefield minutes away from office.
Listen u want to buy , buy.
The old property in Richmond road will not fall down in the next 25 years, by which time some builder will be wiling to redevelop it and give u new flats.
Oh also why do u think prestige and sobha properties in the same space are seeing more than a year of delay in completion?
And talking about schools, and colleges, the best ones are in and around Richmond road
Hi priya
Also I heard and verified that up to 15 floors are completed and if you can wait for a year you can get that may be at a similar price than what you may pay for eta with better amenities and still closer to metro
Tadaaaaan ………
ROFL, nice to hear that we should buy an old building in Richmond road and wait for it fall and get new flats ,looks very logical to me .Also what about low amenties in such places,when making an investment do we not value the total package in terms of construction quality,amenities at hand ,connectivity,central location ?
We are trying to discuss here the merits demerits of a particular property and Of course those who want to buy will buy .
Any ways if we cannot have an healthy discussions ,its no point driving it further.
Thanks
Vijay
Vijay, you value the amenities. I value the location. And I once again say that I would buy park west if would be able to arrange the funds of 1.3 cr in four years. But considering that park west is not really willing to negotiate on prices , and a ready supply of ready tooccupy spots , makes less3r sense. And they really are unable to hike the prices , cause the demand isn’t there. no really , or else there would have been little need to plaster half of Bangalore with their Parkwest ads.
hi Nirmal,
While I can assume that you might be a smart investor looking for old buildings around only CBD, I also wonder why do you have such negative comments about ParkWest? Have the Org people affected you so much that you are spreading negativity around the project?
-Priya
Priya, you can read padmas comment somewhere below in the page. 2019 got shifted to 2020 for her at the time of signing agreement. Thats four years from now. We went to the spot when they had put the fancy poster of base price 7000 . Sounded fantastic. Reached there and the additions wise it went to like okay 40% above base price. What’s the point of base price if all the other stuff are super priced. 4.5 lacs for club membership for each and every one of those 3000 apartments. Yea no thank you.
Also eta gardens down the road sells for 8000 / sqft all inclusive . You could easily negotiate a few lacs off that too. It won’t have the fancy 7 acre park but you can start living from next week itself and it’s closer to the metro too. Tadaaaan.
Not phase 1 of course. Those folks got already locked in. The project as a whole has 3 phases. Phases 2 and 3 will be delayed on account of weak customer response. Already folks are saying that their handover date will be 2020 instead of December 2019. Also if you do buy, would u want to wait till 2020 to actually see everything get constructed. Cause that 7 acre park etc, will be readied mostly post apartment completion. Amenities are always provided in the end anyways.
ETA Gardens has a fantastic, natural landscape with huge open areas.
I agree. Know folks staying there who love it infinitely.
I think that makes a parkwest a good investment as ETA was not a success initially but picked up towards completion ,I think similar will happen here ..
Hi Nirmal,
I recently visited their office and spoke to a few people and did research,the phase 1 is running ahead of schedule .can you tell us where you got this info that it is delayed .
Thanks
Not phase 1 of course. Those folks got already locked in. The project as a whole has 3 phases. Phases 2 and 3 will be delayed on account of weak customer response. Already folks are saying that their handover date will be 2020 instead of December 2019. Also if you do buy, would u want to wait till 2020 to actually see everything get constructed. Cause that 7 acre park etc, will be readied mostly post apartment completion. Amenities are always provided in the end anyways.
I’m also impressed by the site and project looks interesting. Should we invest in this or not?
Regards,
-Mukesh
Hi All,
I am in the process of booking a flat in Phase 2 ( Maple) . I am really concerned about the comments .. The way it has been projected about their transparency / no discounts .. etc.. was really making me to feel that it will be a good project to invest. However it looks concerning .
I have seen their payment structure.. They are asking us to pay the VAT & sr.Tax directly to the tax authorities .. Where is the question of they not paying to the govt ? Please clarify these points for my better understanding .
Hi All,
I have booked a flat in II Phase and this is what am I going through???
Dear Pasha, I too booked a flat in II phase in Oct 2015 @ pre-launch rate by paying 2lacs … On Dec they took again 15% stating the commencement of Construction… Last week I recd a msg from their office as an intimation for a payment of 5% for signing of agreement … Next day I recd a msg from Brunda giving the same information but to arrange 20% payment and get ready for signing the agreement !!!! They have already taken 20% from me without signing the agreement..!!!! When I booked the flat, the completion year was given 2019 but now in the agreement, it is said to be in 2020!!!! The agreement was supposed to sign in Nov and went on delaying till now!!! Along with that, I paid tax, vat etc too…. Now I would like to cancel the deal and withdraw my amount… Do you think I have to appoint an Advocate??? Your suggestion will be greatly appreciated…
My friend booked a flat in park west bangalore and decided to cancel booking after seeing deviations in agreement. They returned the principal amount with lot of struggle and they are holding unethically service tax and VAT which they claim they paid to government. When approached tax department it was shocked to see that they did not pay taxes as per norms and haven’t issued tax invoices as per rules.
Its better to be cautious before investing money in Park West Bangalore because getting a refund from them its almost impossible and because its a big group they have hand in gloves with all departments.
Brunda Luthra and Upendra who are managing this Park West Project in Bangalore are known for their inefficiency and their customer care service is drastic. They don’t respond to emails or calls once they recieve your money.
This Park West Project in Bangalore is a joint venture with ETA group of Dubai and already they are in big crisis. They are even planning to construct more than 3 Phase resulting a concrete jungle with a whopping monthly membership fee to the club house and high maintenance charge.
Finally, majority of their sale is happening through channel partners and they have created a lot of hype about this project because channel partners will get 2 percent commission from the Park West builder. So its all about money and not about quality.
Hi,
Can you let me know what were the deviations in the agreement? I am contemplating on whether to book in SP Parkwest or not. This info will be really helpful for lot of us. Thanks.
Also, does any one know why two floors in all towers are not open for booking? Is it the landowners share?
Regards,
Arun
Even i had booked a flat which later got it cancelled for various issues like
a) There is no clarity on the JD agreement regarding the share of flats
b) They dont share all documents for verification
c) Exhorbitant amount is collected in the name of taxes.
d) They way 47 acres is for project but are not ready to state the rights of flat purchaser in the agreement.
I being a CA plus lawyer was made to run around many times and the same explanation was given to me regarding withholding the payment of taxes. I did not leave them and went to all department including vat and Service tax and pulled all their records. And to my surprise they were not paying the so called taxes collected to dept. When i threatened them and their Shivdass, finally i got my full money back
As a potential investor in the upcoming phase, I have concerns about the access to the site itself. I’ve been told that the surrounding areas have historically been a part of the culturally sensitive belt and that the roads leading in had several butcher shops and unsightly locations. Of those who have booked and are local to bangalore, what has been your opinion? Any insight will be immensely valuable
Hi There,
I have purchased an apartment in Mulberry please add me to this very active group. Tx
Hi,
I am interested in this project. May I know the current running rate for a 2BHK? Also what are the additional charges involved and the same for a 2BHK? When is the possession expected?
Thanks in advance 🙂
Regards,
Arun
Latest I checked for 2BHK 1245sft All incl 1.18 cr
Hello Please add me to this group as I ahve two flats booked in Mulberry.
Please add me to the group. Have booked in Olive.
Hi friends,
Please add me to this group. Have booked an apartment in Mulberry [M-B1304]. My email id is
Regards
Hemanth Kumar
Please add me to this group. Have booked an apartment in Emerald. My email id is .
Have a few concerns with the agreement and wanted to check if others have clarified the same –
i. No where does it mention Shapoorji Pallonji in the agreement. The agreement is only between RPPL and ETA.
ii. There is a condition that buyers cannot sell before 18th floor slab is completed. However, most other builders only have a time condition for ex. 2 years or so from the data of agreement. What would happen if the building is completed only up to 17th floor ?
iii. Compensation from builder for any delay in completion is very small – 1 or 2% vs. 18% penalty levied on us for any delay in payments.
Please add to the group. We have booked a flat on Olive tower.
Good Thanking. But don’t be negative , in my view builder is quite reputed and keeps time.
I have booked one apartment and see that they may hand over apt + or – 6 months.
I have bought a flat at olive. Pls add me. My mail id is:
I have booked a flat in Park West. Kindly add me to the group. My mail id is:
Hi
My brother has also purchased a property in olive. pls add me.
Please add me…..bought a flat in Olive –
Hello, I have purchased an apartment in Emerald.Please add me.
Hi can you pl add me to the group my email id is
Please also add me to the yahoo group. I have purchased unit in mulberry.
can u add me onto the yahoo group
Hi
Booked an apartment in Emerald E 508. Can you pl add my mail id to the group list?
My mail id is
Ravi
Dear all,
I have created a Group for all the buyers of Park West. Please visit the Group and if interested, send your request to join the Group. It is in nascent stage. However, in future we can share a lot of information on this Group.
Regards,
SRK Patra
09944950276
Please add me to the yahoo group
Hello, Kindly add me to the group, my email
Please add me to this group, I have purchased a flat in Mulberry.
Hi..I’ve bought a flat in Olive…Pls add me to the group. My email is .
Pl add me to the group. My email id is .
Also pl add to whatsup group +91-9538705424
Mahabir
Dear friends, Greetings!!!
I have recently booked an apartment along with my relative in Mulberry. I am getting concerned about the various experiences shared.
I will be speaking to SPL. to know why this recalcitrant attitude. I will keep you posted with the development.
I also would like to join the Google group. My mail ID is
Satya
I wrote below mail but din get proper reply
Not sure how other people are bearing
In any contract of immovable property, it is right of the buyer to have a set of documents which is to be relied on for purchasing. Your company talks so much on ethics, transparency etc., but i dont understand why are you afraid to give a set of documents of your project, atleast for the people who have paid booking amount.
Every known developer do furnish a full set of legal documents on which project is executed. The JD agreements, supplementary agreements, the property documents are all public registered documents and there is nothing to have secrecy on it. When you have taken plan on some 9 acres for phase 1 and when all the blue prints are ready, what is it stopping you to arrive at UDI. Just based on plan i can only calculate the UDI, but your loading of sft to built up area will alter the UDI calculations.
You told over the phone that the share of UDI would be determined once the plan for 47 Acres comes and would be much higher where compared the 9 Acres land in phase 1. Can you give this in writing. Atleast can you tell what is the UDI comparable to 9 Acres for which plan is taken and later you can revise to higher share.
All your justifications for not executing sale agreements are not convincing. You landowners have not given consent, your advocates are busy, your person incharge got changed etc., As basic legal knowledge what i have, you need not seek consent of land owner for executing sale agreement in respect of your share of flat as you already have registered JDA and POA to sell your share of flats. I have read through your POA and there is no condition as such.
My concerns for continuing to be your customers are:
1) Need full sent of documents on the basis of which you are selling the flats. If required am ready to bear the photocopy cost.
2) A draft sale agreement before 15% payment is due and and commitment as to within which date agreement would be signed.
Hi,
I wrote the below mail to their VP for Bangalore operations.
Dear Mr. Mahadevan,
I am the buyer of flat no. B 801, Mulberry – Wing B in Park West project, Bangalore. I have booked the flat on the launch date on 9th May 2014 at Rs 6800/- base rate by paying 5% of the apartment cost and by issuing PDCs for 15%, which was due on 9th June. It is now almost 4 months since I paid 20% of the apartment cost and yet the agreement is not made. I don’t understand why there should be so much delay in making the agreement. This gives me a feeling that the Management of Park West is intentionally delaying in making the agreement to avoid “delay penalty” supposed to be paid to customers in case the apartment is not delivered within 36 months from agreement date. Since, there is inordinate delay in making the agreement, the delay penalty should be applicable from the booking date and not from agreement date.
I have had so much of bitter experiences with your Sales person, Mr Upendra. In the name of “Welcome kit”, your company has sent me a letter only. Then why should you call it a “kit”. Just call it a “Welcome letter”. When I was informed by my channel partner after the booking that I will receive a “Welcome kit”, I was expecting a gift/memento. However, I received a simple letter.
Your Company has tried all options to sell the flats, including trying to sell the flats at a lower rate. For instance, another channel partner called me just after 4-5 days of my booking and assured me to close the deal at Rs 6600/- per sqft base rate. I immediately raised the matter with Upendra through my channel partner and Upendra maintained stating that, “it is not true”. However, I have every reason to believe that it is TRUE and I am cheated.
Now you have started the annual payment plan. When I checked with Brunda for details and agreed to pay the differential amount and shift to the annual payment option, I am told that existing customers are not entitled for this. How does it matter whether I am an existing customer or a new one. This is an unfair trade practice.
Please look into all these points and let me have a reply that will help me in regaining the confidence that I once had on “Shapoorji Pallonji” brand name.
Thanks & best regards,
SRK Patra
09944950276
Iam pushing for cancellation of my booking.
i cannot trust these people anymore
Hi,
I had not collected the set of legal documents basis their reputation in the market. Now I asked them for the documents. They have asked me to come and collect the same on this Sunday, 19th October. If possible, you can also join me in the post-lunch session. We will meet at the site by 3.30 to 4.00 PM
Thanks,
SRK Patra
Hi,
I was not in country for sometime & saw all the comments shared by the good samaritans in the group. I too was impressed initially by the Parkwest team, but like others I too am disappointed.
@SRK Patra- Dear Sir, were you able to collect the documents? If yes, did you get it checked by a lawyer & are they in order?
Kindly share the latest news about the property.
Thanks & Regards,
Dr.Ajay Kumar
Well, shocking to note such unethical practice from a reputed group like SPM. Just wondering: Is SPM really involved in this project or have they given their brand name for someone else to (mis) use (but for a hefty price, no doubt)? It is great that you guys are voicing your concerns in such an aggressive manner – it would definitely help to clean up this messy world of real estate. Keep up the good work…such builders need to be taught a lesson. The Builders should understand that the consumers would not tolerate such crap any more.
Yes, I have collected the documents. However, I have not vetted those documents with any Lawyer. I have got the details of all the Banks those who have approved this project for loan disbursal. This includes SBI as well. Normally, SBI does a thorough investigation before they release any loan. Hence, I have no worries on the legalities of the project as such.
My only concern is on price front. Even after launch at 6800/- per sqft, some of the customers have managed to get it at a lesser price after the launch date. This is not an ethical practice.
The construction was stopped for some legal compliance issue. Now it has been resolved and there is good progress on 2 towers except Mulberry, which will take another 3-4 months to complete the foundation milestone.
This is what I have gathered. Please share the news/updates that you may have received from other channels.
Thanks,
SRK Patra
Mr Patra,
My name is Archana. I have booked a flat at Parkwest. I would lik eto join this group. Please cna you add me ?
My email id is
I visited the site today. So far, my experience has been very pleasant – so I am surprised to see these comments. Thank you for sharing. I am glad I found this group on the net as I was browsing.
I will also keep sending my updates.
Thanks in advance
Archana
Dear Doctor Sir
Please write a complaint to CCI
http://www.cci.gov.in/
You can hire a lawyer and file a case..you have the right to take action and CCI will take action against the builder without any fear. Parallely you can file a case in consumer court
Thanks
Liked your comment on the “missing gift” in the welcome kit !
Hello everyone, I have booked 2 BHK flat in Park West (MC-1305). I paid 5% of EMD in Aug 14 & balance 15% in Sept 14 @ a price of Rs. 7,015/- per Sqft as base rate which includes one car parking. The agreement of sale & construction was executed with Park west guys on 29th Oct 14.
As far as obtaining documents for legal verifications in concerned, Park west guys had no issue to give me the docs, they asked me to come & collect it on 25th Oct 14 … it was one huge box file!!. They had given me the permission to take it out & get it verified by my personal advocate on the condition that i would return them the box file wt docs in 7-10 days time. I personally decided not to take it considering the reputation of SP & the legal advisor of the project – Anup. S Shah Law Firm. The copy of legal opinion issued by legal advisor of the project is a part of agreement file.
I am regularly reading all your feedback & opinion on this forum. All i can say for those who have booked a flat in Park west is – please contact Park West guys, agreement process have started, get a draft copy of your agreement & read it. Most of the questions raised in this forum is answered comprehensively; atleast to the best of my knowledge.
As far as my opinion on customer service is concerned, improvements to respond proactively would be much welcomed.
Dear Shreyank,
When the base price is still Rs 6800/-, why did you Rs 7015/-. Is it part of annual scheme for which you paid additional amount.
Secondly, their agreements are unilateral (one sided and completely in SPRE’s favour).
I did have a lot of regards for Shapoorji & Pallonji. However, after the bitter experience on pricing, I have decided to fight it out for justice.
Thanks for your update.
SRK Patra
Dear Patra
its very easy to fight against them..
You can file a case in consumer court and national readdressal forum..
Also try to get a stay in their construction..Now government is working to regulate the industry and in another 1 month we should get the real estate regulator..
Dear SRK Patra,
Rs. 6,800/- per Sqft is including car parking?
Please clarify…
Rgds
Shreyank
Rs 6800/- is the base price plus car parking charges extra
Thanks
SRK Patra
Thanks for your reply. my price is including car parking. So this means both of us are talking the same price of Rs. 6,800/- per SFT base rate. I do not have info about SP under quoting for sales & they seem to be offering the same price to every one without nego.
Rgds
Shreyank
Am I the only one who has paid floor rise charges? I also got it at 6800/-, but I paid floor rise charges of 50/- a sq. foot. I booked this in July.
I also paid Floor rise charges @50 / floor / sq ft
Such a relief- I thought I was the only one who paid this.
So.. 6800/- per sq. foot, floor rise charges of 50/- per floor/ sq foot. After factoring in VAT, ST, club house, parking, etc, my blended cost is 8600/-. Hmmmmm.
I have also paid floor rise charges @ Rs. 50 plus garden facing side @ Rs. 100.
Hi SRK
Please let me know the clauses where u r having concerns. I am also going through the draft agreements only.
Further, have u signed the agreement or u r fighting with them over one sided clauses.
Regards
I am keen on buying an apartment at ParkWest. I understand about 8-10 banks have tied up with the builder for loans. However, did anybody get the land ownership documents and sanction plans validated by a team of lawyers? This step is important for those going without home loan or otherwise too. When I check on this possibility, I get evasive answer from Sales folks saying after 2 installments they will send a copy of all the required documents. SPRE is out of the equation once the apartments are handed over to the rightful owners – what is there is a legal issue? Does anybody has a copy of these documents for verification by lawyer?
Please add me to the group. Booked C 301 mulberry.
Please add me to the buyers group . I have booked B302 in mulberry
Can u plz add me to the group as well.
Pls add me to the group – . booked c 201
Hi All,
Am planning to book an apartment Park West.
Request to share fair veiw
Y not purva sunflower – it is right opposite mag aid metro station. Has good potential to go up in future.
Yes, you are right. Purva Sunflower is just 200 meters away from Magadi Metro station. However, it is not as big as Park West. For instance, in Park West, which is of 47 acres of land; one can expect enough greenery and open space that will be rare in Bangalore 10 years down the timeline.
Thanks,
If there are vacant spaces then they would construct additional towers in future. They won’t leave it like that.
If you look at the documents, the 47 acres of land covers 3 phases and not only phase 1 which they are starting now.
They say 10 Acres in dedicated for phase 1, but dont have any document to substantiate the same. Even they are not mentioning the UDI share. They have taken plan to construct phase 1 on about 137000 sft which comes to 3 acres. How the apartment owners will have right on 47 acres is not clear
Many practicing doctors are investing in this project. Since they make good money they don’t care to read all details.
When I booked the flat, I categorically asked one thing to the Sales guy from Park West, “whether there will be any wall constructed in between say phase I and Phase II and phase III”. He has clarified saying that there will not be any wall in between and the gated community will be of 47 acres.
My whole intention of buying this property at this exorbitant rate of Rs 6800/- per sft was for only for this lung space that I am expecting post completion of all the 3 phases (2020 or so) with a shopping mall and movie theater just outside the gate.
I have the whole master plan showing all the towers they might be constructing in future. the total park space after they finish constructing all the towers will be 28400 sq metres or 7 acres. This is more than enough in the centre of the city. Of course the plan is subject to change. But at this point of time I have no concerns on the park space.
Hi Libu,
To my understanding the open space should be more than 30 acres of land. Let me explain it to you why I think so. In total, it is a 47 acre gated community. They are planning to construct 2900 flats spread over 3 phases. In first phase, it is about 700 flats that will cover 3 acres of land. This way, the entire construction of 2900 flats will not take more than 13 to 14 acres. Say, it takes 17 acres of land, even than another 30 acres of land should be open space.
Can you share with me the master plan on my mail id at
Hi,
I am talking about park space here-not open space. The park space is 7 acres. In addition to the park space, there is lot of open space between the buildings, space for sub station, civic amenities etc. the open space is surely very high as there is lot of space between the buildings in the next phases. of course this is all subject to change in future.
I agree with your with view of Mr.patra
Hey everybody,
I booked the Park West flat on 9th May (the launch date) at Rs 6800/- per sft. However, subsequently I came to know that some buyers who have come through their channel partners have booked at a lesser rate (Rs 6600/- per sft or so). If anyone has such information, please share it with me. I will reward the person sharing the information with me by Rs 25,000/-
Thanks,
SRK Patra
09944950276
ETA star has not seen much success in this area and it is not still occupied fully, I have my own concerns for this project
Hi,
I was interested in booking in Park West before reading the above comments. Now I’m wondering should I still book. Can you pls add me to the google group.. My id would be .
Thanks & Regards
Hi All,
Booked a 3BHK in Mulberry & another for my uncle in Olive yesterday.. Our priorities were location & budget. Couldn’t find a better investment than Parkwest. The executive was patient enough & answered all our queries for almost 3 hours. Very few flats were available. If anyone is interested they will have to book asap. I’m in no way concerned or promoting this place. I’m just a normal buyer & Wishing all the very best.
Too much off kind words from a normal buyer !
I have said earlier.. I’m in no way concerned or related to Parkwest. I’m sure everyone would do their checks & only then invest.
Hello Dr. Ajay,
At what rate did you purchase. I am asking this question because, the pre-launch price was 6150/- and the launch price on 9th May was 6800/- and even today it holds the same price. There is a big jump from pre-launch to launch price (within 40 days). However, today even after 45 days, there is no revision in price.
Thanks
SRK Patra
Hi,
Cost of the Apartment in Mulberry was Rs.6981 when I booked.
Regards
Hello Dr. Ajay,
Is 6981/- the base price? To my understanding, the base price is still 6800/-. In such case, how they have charged you 6981/-
Regards,
SRK Patra
Hello everyone,
Investors in Park West, Binny Pet, Bangalore
Guys, anyone has got the agreement papers yet. I wonder why they are taking so much time in making the agreement.
Their payment terms are very clear and everything is in their favour. For instance, 5% along with application and 15% on 30th day from the date of application. However, in my case, it is already 60 days are over after these 2 payments and yet there is no sign of any agreement paper coming in.
I think they are delaying intentionally in making the agreement so that they can save on delay penalty as normally delay penalty is applicable after 36 months from the date of agreement.
I have written 2 mails to the VP of Park West and it seems he has no time to reply to my mail. I have not seen such callous attitude with any other construction company. However, they claim, they are part of TATA legacy with very high ethical standards.
Let us see.. only time will tell
SRK Patra
I visited SP parkwest this morning, the marketing team treated us fine.
The Price per sft is 6800 , if the apt is garden facing then its 6900 per sft.
The marketing team dint not have any brochure or break-up plan for payment, they are promising the possesion by oct 2017.
i am wondering is it worth buying a unit in the project.
Apart from this add about 1200 per sq.ft for the total cost and additional registration and taxes.
Well, with a price tag of almost Rs 7000 persqft, they would HAVE to treat you well and be patient ! After all, such buyers are rare in today’s market ! Have to be handled with care.
Thanks Bikram, I’d been to Prestige before going to Parkwest but had to wait for 3 hours & was not treated the same way & you can compare the rates for yourself. I was convinced & I bought but you may have your priorities & may differ.
Good project in a bad location. Slums and tracks around the project makes me wonder about the security and peace!
Dunno y ppl r “Hypeing” this property so much.. A little higher price if u can pay, u can get a ready made apt – ETA star just abt 500m – 1000m from this. if ppl r buying for speculation, i cannot help..
I was there on the day of pre-launch. There were people who were creating all kind of drama – one guy shouting at the guard telling him that he should be compensated 1 day of loss of pay by Shapoorji Pallonji for having spent time on their site. Among prospective buyers, there were people who were violent and aggressive. But, it could have been better handled by SP Team – I think. While Shapoorji Pallonji seem to have an excellent team of Architects, Engineers, Contractors etc. the same can not be said about their sales and marketing (S & M) team.
Frankly speaking, the S & M team is bit of a letdown.
The first day was like a stampede (25th) and the second day (26th) was more ordered and structured. I booked an Apartment in the Mulberry tower and I found the floor plan and their list of amenities to be quite impressive.
Shapoorji Pallonji is considered to be among the top 5 real estate and construction companies in India (as one may verify from the book “Moguls of Real Estate”). So far, SP as a company is synonymous with Quality. Every construction of theirs has so far been a landmark of the city – be it Bangalore, Pune, Chennai, Oman, Ghana, etc.
The site location is as good as it can possibly be. The 47 acres land means that they will have enough room to keep the entire site lush green + one can expect every possible amenity out there.
It seems that among the newer schemes in the area, (like e.g. Purva Sunflower & Prestige Westwoods, which seem to charge a base price of Rs.8000) this scheme seems to be somewhat moderately priced at Rs.6150. It’s not clear if SP will charge a different rate for launch date which will be a month ahead of now.
I hope my review helps other prospective buyers.
Hemant,
I echo your words wrt to the builder, floor plan and also the amenities. We also booked in Mulberry tower.
Our experience with the guest relation personnel and sales personnel was quiet cordial and good. They have heard to us and helped us to book the right unit with in our budget and vastu requirements.
We happened to visit them on 28th. Though the first sales person we encountered was a bit stern, subsequently we met others in the sales team who were quiet helpful.
Dear Hemant and Bhanu,
I have booked an apartment in Emerald. The experience so far has been good. Can we all keep in touch ? My email id is
Best regards
Libu
created google group and sent invite to you. we can connect there
Could you please add me too in Google Group.
& .
We booked in Olive.
Could you please share the link for the group
Here is the group URL:
https://groups.google.com/forum/#!forum/shapoorji-parkwest-buyers
add to group please booked in mulbery
Can u add me. I booked in Emerald.
Hi,
I purchased a unit on the launch date (9th May) in Mulberry Tower. Can you pl add me to the google group. My email id is
Thanks
SRK Patra
Hi,
Can you add my name in the google group. I am in Mulberry. My email id is
Thanks
SRK Patra
Hello Bhanu,
I have purchased the unit 801 in Mulberry. Please add my mail id to the group
Thanks
Can you pls add me to the group? . booked c 201
Please ad dme to Google group ?
I have booked in Olive.
Hi Hemant
The agreement does not speak about any amenities. have u gone through the same. Further, buyers does not have any right if the amenities are delayed, i.e. even if no amenities cant help.
Pls check.
Been to site to book an apartment ,I feel these are the most unethical,unorganised builder in town .
Worst experience in my life time ,executives treat customer like dogs…literally shouting and asking them to get out from the premises if they are not buying
Also what is wrong in that ? Why should people who are not buying flock and be a nuisance for others ? These kind of people who just visit make the place a fish market.
Vishnu,
You are wrong, we are living in a free country, Any one with an intension to buy can visit any firm which has advertised their product in the public space. Irrespective of the person visiting ends up buying or not, is immaterial.
There are a lot of reasons attributed to a person buying into a product like price, quality, location, project plan, floor plan, time frame of completion, credibility of the builder, previous projects, approvals, payment terms, agreement terms, amenities, access to the city and services provided.
Even if all of the above is good, if arrogance is displayed a lot of people will back out since that will be something that you will not like to face for the entire duration of the project.
It does not matter whether a person is buying or not, the builders are expected to provide all the information possible on the project that he has advertised to a prospective buyer.
San
it is these “free people” who flock and make the place a fish market. Building plans, location, launch price etc. are announced much earlier. Review these and then go rather than troubling others.
@Vishnu
I am sure there were lot of things that might have contributed to the ugly scenes,
But I feel genuine buyers who would always want to make a informed decision, however there might be investors who could throw in there money on any other investments
There was some information provided by some of the channel partners, and there is always instances of Chinese Whispers
There was not much of information shared directly by the builder before the prelaunch.
The key criteria of pricing was made a big suspense and was not clarified. The builder wanted to create a hype, suspense, drama. By including things like launch date etc. But seems they got a lot more emotions than they might have desired for.
In fact till date I have note received a formally released printed brochure. inspite of repeated reuqests. Also the builder has not provided a detailed pricing, payment plan, even for confirmed buyers who have already given cheques for their hard earned money
and maybe from whatever little I understand of you based on your comments,
You must have a very simple booking process, other than all the commotions happening outside
1) Walked in
2) Asked them the amount
3) Made the cheques
4) Signed the forms
5) walk out
I am sure would not have received any of the other informaiton, Printed brochure, price breakup, payment plan for your unit, terms and conditions, confirmation towards completion date, any clauses for an unwanted defaults on part of developer
@ VJ
I do have the price break up and the payment plan and the other charges etc from the builder. Other conditions, completion date etc. will be mentioned in the detailed agreement. No builder gives these at the time of pre launch. An e-brochure is available on the website along with a pdf version. The dedicated website also mentions the amenities etc. The indicative pre-launch price 6000-6500, floor plans, indicative area sizes were announced even before the launch. I do agree with you that the exact price was not known but I believe this range from 6000 plus in the range of 8 % is a fair indication of the price I can expect when I go there. People should do a fair bit of research before going to these pre-launches with a blank face and expect them to be treated like kings.
So, why did you change your plan to book the apartment? Was there any other reason apart from rude behaviour? Inputs might be helpful for other prospective buyers.
Not only for their rude behaviour . We can’t select our preferred units we have to buy what ever they give ,I was one among the first 50 members even then nothing was available .and you should see their other charges will go above 1200/sqft with out adding you are taxes…
If they only want “100 % confirmed buyers” to visit there, then they need to advertise – visit only if you are 100% sure to buy (even if you hardly know anything about the project). Otherwise, don’t venture towards that area.
do they have mind readers who can read a prospects mind whether he comes with the intentions of buying?
That is indeed shocking !
they can collect 20% non-refundable payment at entrance of the complex and only after that allow entry there
Very poorly designed route map. Unable to make anything out of it