DLF sec 90 regal garden , I am shocked to see there are clause
>for the escalation and other clauses where it ask me to pay
>escalations .. with this contacts only fools will buy the
>construction linked property ..
>DLF is cheating , they will not pay any delayed penalty to any one
>rather they will take all the cost escalation due to material increase
>from customer ..As usual project will be delayed..
>Let me just first share with you my past experience with DLF .. most
>of the project I have booked with DLF were purchased at the higher
>market price in the name of DLF . We paid the premium in the mame
>of DLF .
>
>None of the project I have booked were completed in time .. in Delhi I
>paid 88 L for the house and its three years delay .. in Gurgaon
>too I have two property which were booked and delayed..
>
>DLF charges daily delayed interest when I make the late payment
>that too due to DLF issues.. like they don't send the letter in time ..
>it does not reach me in time .. they don't use the quick method of
>communication like email notification .. etc..
>
>Whereas when it comes to paying the delayed penalty , DLF will pay
>you mare 5 to 10 rupees per sq. feet that too after finding all
>the reason in the book to minimize it ..
>I don't accept this clause and refused to sign this contract ..
>
>
>DLF is cheating , they will not pay any delayed penalty to any one
>rather they will take all the cost escalation due to material increase
>from customer ..As usual project will be delayed..
>
>So in the end customer will be a big looser..
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