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Navi Mumbai Real Estate Project Reviews

Kamdhenu Gardenia, Taloja


Kamdhenu Gardenia is a real estate project coming up in Taloja. Read the hidden data of the project and save your money

Price Gouging/Price Rigging (Differential pricing)

Real Sales Data and Price structure of sales in Kamdhenu Gardenia Project in Taloja, Phase 2. As you can see, the builder has sold same area flats to different people for different prices. This difference is a couple of lakhs in few flats. These are the total flats he has sold in the project till 26th February 2021. The total flats sold is 15 nos.

This practice of not advertising the rates and then selling the same flats at different prices is illegal in most countries. Its called differential pricing and price gouging.

Kamdhenu Gardenia Sales Data
Building NameConfigurationFlat noArea (carpet)PriceReady Reckoner PriceFloorBuyerMonth of Transaction
Aster1 bhk 10438.39          32,26,000                            19,69,9201Hamid sayyedFeb-21
Coronation1 bhk A20438.39          33,78,000                            19,69,9201Mahadev shankar moreFeb-21
Coronation1 bhk B 20238.39          34,16,000                            19,70,2242Irfan hasnuddin ansariFeb-21
Coronation1 bhk A 10238.39          34,36,000                            19,70,2241Shankar goradJan-21
jasmine1 bhk 30438.39          34,36,000                            19,70,2241Sunil tayyadeJan-21
Lavender 1 bhk 40338.39          34,42,000                            19,69,9204ambar shankar gholapFeb-21
Coronation1 bhk A 10438.39          34,42,310                            19,69,9201Vijay prabhakar mhatreFeb-21
Coronation1 bhk A 10338.39          34,42,310                            19,69,9201Vijay kamble, manisha kambleFeb-21
Bouganville2 bhk30149.28          42,54,000                            24,77,0683Shailendra PawarFeb-21
Lilly2 bhk30349.28          43,00,000                            24,77,0683Ravishankar PawarFeb-21
marigold2 bhk10349.28          43,00,000                            24,77,0681Arpita SarkarFeb-21
Bouganville2 Bhk20149.28          43,00,000                            24,77,0682Girdhari JaisinghaniFeb-21
marigold2 bhk20149.28          43,20,000                            24,77,0682Rakesh sanjiv kutheFeb-21
marigold2 bhk10249.28          43,24,000                            24,77,0681Sulochna davle,sneha davleFeb-21
Bouganville2 bhk 10149.28          43,30,000                            24,77,0681ayesha irfan sheikhFeb-21
Sales Data of Kamdhenu Gardenia, Taloja

The same type of illegal activities are continuing unabated.

Even the so called RERA registered agreement has illegal clauses in it..and the RERA authorities have blatantly uploaded the same to their website.

GST

The permission for construction obtained from Panvel Municipal Corporation clearly says that any GST due will have to be paid by the builder in the future…but the builder has cleverly laid a clause in the sale agreement asking the flat purchaser to foot the GST charges

GST liability kamdhenu Gardenia
GST liability of kamdhenu Gardenia
Illegal indemnity for GST
illegal clause for indemnity of GST
Society Conveyance

Another clause from the sales agreement uploaded on the RERA site says that the conveyance will be responsibility and liability of the flat purchaser. This is also blatantly illegal as the responsibility and liability of forming the society and conveyance is sole responsibility of the builder.

Society conveyance demand kamdhenu gardenia
Society Maintenance clause Kamdhenu Gardenia
illegal ‘allotment’ of parking

The builder has also included illegal activity of ‘allocating’ parking. Parking is space free of FSI. It cannot be sold or allocated by builder. After conveyance, the entire parking area becomes property of society. The builder has no rights to allocate any society and no rights to ask people to ‘surrender’ any claims to such parking in the future. Such one sided agreements have been penalized by the courts in the past and are illegal as per anti-competition authority of India. What makes it worse is that such illegal clauses are uploaded without a question on RERA website itself !

illegal demand for ‘allocation’ and surrender of parking.
Refusal to adhere to society transfer rules

The co-operative societies act and rules clearly say that after land and building is conveyed to society, the entire property comes under the rules of the society. The rules clearly say that the society is liable to take transfer charges of Rs 25,000 per flat (max)., but by including such blatantly illegal clauses in the agreement the builder has once again shown zero respect for the rule of law. The same agreement can be found on the RERA website.

Violation of society transfer rules and laws
Protection against future prosecution

In another clause the builder has tried to save himself from future prosecution for non payment of any of the charges that he is supposed to pay under the law. This is blatantly illegal and one sided and will be thrown out in court if the society decides to prosecute him. These unscrupulous builders have zero knowledge of the law and are taken for a ride by their so-called ‘lawyers’ who take them for a ride based on their ignorance.

illegal and one sided agreements are violation of the law

By Mayur Panghaal

Mayur is a real estate professional with more than 20 years of experience at all levels of the trade in Navi Mumbai. He is the proprietor of Sky Properties Real Estate Services in Navi Mumbai. You can get in touch on 9987452642.

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