The hyper-delayed project Central Park 2 continues to crawl at an extremely slow pace. Expect further reduction in speed as Holi approches this month and a lot of their labor force will vanish for a few months.Not only this, the prices of properties in the project have also stalled and started showing a down-ward trend with word getting out that the builder has compromised on promises, quality and features.
Here are the latest pictures:
Tower 10 - Which was promised for delivery in Dec 2010 with interiors matching that of sample apartment. Owners will be lucky if they get possession somewhere in 2013.
The beautiful 20 Acre Central Garden for which Crores worth of PLC has been charged. It is now becoming evident that the Garden is not even 9 acres. If you believe it is 20 acres, try to get a written statement from the builder that the central garden will be exactly 20 acres as promised.
After 5 years of construction, 2 more floors have been added to Belfort towers in the past couple of months. Can't predict when they'll be ready.
The swimming pool around towers 7,8 and 9 - no construction work on this yet. How will residents of these towers live in them with a dangerous, incomplete structure in between?