Monday, May 28, 2012

ERAdiocity or Cosmoscity

Which ever way one see's it, its plain and simple; misinformation spread by the propaganda machinery of Era. The brokers who go to any length to claim any and every thing that the Project will not have but they will not shy away from propagating about it, sample this;-

ERA Groups new project in sec-103, Dwarka Expressway, Gurgaon
We are pleased to inform you that Era Group is launching soon a
lifestyleequipped, group housing project spread over a sprawling 25

This project is enviably located on the Dwarka Expressway, Sector-
103, Gurgaon surrounded by very high profile residential, business
hub, High RiseCondominiums and Corporate Towers.

A diversified sectoral presence, a pan-India network and an impeccable
trackrecord of servicing some of the biggest names in the public and
private domain have made Era a name to reckon with in the country’s
infrastructure development space.

Headquartered in New Delhi, the Era Group of Companies is promoted by
Mr.H.S. Bharana, a civil engineering professional with almost three
decades ofexperience in the infrastructure business and a recognised
thought leader innation building.
Project AdvantagesAll Approved Project by DTCP Haryana Best Located
Project on Dwarka Expressway Gurgaon.Two way connectivity from Dwarka
& NH-8 with three side ventilation & in the vicinity of Project
Commercial projects & Hotels) & Reliance SEZ.Located on upcoming metro
station.5 mins drive from IGI Airport & Dwarka after connectivity of
DwarkaExpressway.Flexible Construction Linked plan and Easy Finance
from leading Banks. 24-hrs power back up with latest security
features.*Facilities include Club, Gymnasium and Swimming
Pool.*Earthquake resistant construction for safe living.Shops and
Departmental Stores within the complex.Unique floor planning.

The Realtor says the project is 25 Acres..great but the company..ERa Landmarks does not say so on its website....sample this;-

ERA COSMOCITY Gurgaon is a group housing project at Sector 103,Gurgaon on Dwarka-expressway. Cosmocity will have high feature apartment at affordable prices. This project will fulfill resideiacl requirement of Delhi as well as Gurgaon
"Book your flat right now to avail the best price". Dont miss the golden opportunity.

§  All Approved Project by DTCP Haryana.
§  Best Located Project on Dwarka Express-Way Gurgaon.
§  Two way connectivity from Dawarka & NH-8 with three side ventilation & in the vicinity of Project Like(BPTP, EMAAR-MGF, RAHEJA, INDIA-BULLS, SPIRE & Many upcoming Commercial projects & Hotels) & Reliance SEZ.
§  Located on upcoming Metro Station.
§  5 mins drive from IGI Airport & Dwarka after connectivity of Dwarka Exp. Way.
§  Affordable mix of 2BHK, 3BHK and 4BHK apartments.
§  Flexible Construction Linked plan and Easy Finance from leading Banks.
§  24-hrs power back up with latest security features.
§  Facilities include Club, Gymnasium and Swimming Pool.
§  Earthquake resistant construction for safe living.
Shops and Departmental Stores within the complex

The link to this page is;

YOu can see that the Company is talking about everything except the very basic question of the Acreage of the project..WHY?? Second very interesting point that both the realtor and the Builder talk about is that, "THE ALL APPROVED PROJECT BY DTCP, HARYANA," In Haryana it is compulsory that the BUILDER has to provide information of the License No., Licensee name, LAyout plan/building plan sanctioned from DTCP, etc..which Interestingly the builder is avoiding and on its company website, which is
the Builder is saying Project coming who owns the M/s Headway Buildcon Pvt Ltd, in which name the realtors advertised and recieved cheques?? WHy is the Builder highlighting "PROJECT COMING SOON," On its website if all approvals have been obtained?? WHy has the construction not started in last 2 years, when the so called approvals were in place??? More Importantly if the project is approved, why has ERA not declared the Acreage of the PROJECT on its website.... when all is approved...what is keeping ERA from disclosing it...but is allowing the realtors to arbitrarily commit any excessive figure.
Pls see what Home-buyer of this project are discussing;-

land bank is roughly 110 acres in sector 103 and 14 acres patch in sector 104. Since it is above 100 acres era has also launched plots 6 months back 27000 psq yard. Presently booking for plots is closed and will be reopened in oct,nov approx 45000 to50000per sq yard

According to what has been told people are sharing their input with others on public forums, discussing and debating advantages of a larger township vs smaller ones, Not knowing what really is the size of the township they have invested in as the builder has verbally said many a things but has given nothing in written. The fact could be really disturbing for all these investors, who have invested their lives saving into buying flats and plots in this scheme of ERA LANDMARKS.

The Fact that Era Landmarks has got licence can not be disputed, but to develop a residential township of how many acres??? How many flats can he sell??? How many has he already sold?? Phase-1, Phase-2 and Phase-3 has been sold in last 2 years and yet no bank has started LOAN FACILITY and NO CONSTRUCTION has started,WHY???

There are more Why's than answers; In what ERa is doing with its Customers. Has anyone heard of M/s Desert Moon Realtech Pvt Ltd, yes this is one of the subsidiaries that by Era's own admission ceased to exist from 28-3-2008, Yet ERa got license under this name on 16/10/2010 for Group Housing  vide Licence Number 79, for land measuring 10.44 acres, for sec-103 in Gurgaon. 

As to the rest of the land that the Company or the realtor has claimed to be part of the township, home-buyers should ask them and make 100% sure by demanding written replies and copies of approved building/ layout plans. The truth should be known to the person who is buying a house, after all its not just the walls of the apartment we are purchasing we are buying a part of the township for which we pay as fair share of our common area when we buy flats on super area. God Bless!

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