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Wednesday, 26 February 2014

Finally Ivy Estate Kolte-Patil Wagholi start giving Possession of Flats



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Kolte-Patil Developers have started giving possession of flats in Apartments in Ivy Botanica & Umang Premiere .

Kolte-Patil Developers have sent possession notification to the flat owners in Ivy Estate Wagholi. The process of possession of flats have started from 1st week of February 2014.

Total near by 970 flats will be handed over to the buyers. Kolte-Patil will take couple of months to complete the process of handing over of all flats. Possession will be given on first come first serve basis provided that all the payments are done.

Kolte-Patil has got the Completion Certificate. I came to know that it is a partly Completion Certificate . I put this question in front of the developer. Sales Person replied “We have received Completion Certificate for Ivy Apartment phase one  and we are planning to for 2nd phase of Ivy Apartments after that we can get the Full Completion.”

To avail income tax benefit/exemption under section 24B property buyer can submit official Possession letter along with attached Completion Certificate during the financial year. To obtain the Official Possession letter the customer need to make the complete payments as per the final demand letter and the Official Possession letter can be released within ten working days.

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