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Community forum for members of SRS Royal Hills, Sector 87, Greater Faridabad.

Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby lakhchaura_007 » Thu Mar 13, 2014 5:26 pm

Hi all

Yesterday i got letter for offer of possession cum demand. I was shocked to see that SRS has charged 6.3 % VAT on sale price of flat.

1st of all i think VAT charge have not been envisaged by any of the buyer and secondly 6.3% it totally unethical and not as per VAT ruling. SRS people are just exploiting the buyers.

I think we (all buyers) should take up this matter with the higher management of SRS.


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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby ssharma75 » Thu Mar 13, 2014 6:07 pm

Dear Sir,

SRS is talking about 6.3% VAT but to our surprise they are not talking about anything on the issue of penalty charges
@Rs 5/sq ft. Would request you, if we are planning to meet SRS management on 22nd, we should also take it up this issue with them.

Sanjeev - 9873336290
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby Banoj22 » Thu Mar 13, 2014 6:32 pm

Can somebody tell total number of Members of SRS Royal Hill now. So that we can try to increase the numbers.
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby cmabanerjee » Thu Mar 13, 2014 9:41 pm

SRS will deposit net VAT liabilities to the Govt. if they do after compensating Input Vat (that they have paid to their supplier at the time of purchase) against Gross VAT liabilities (collected from customer). Why we should pay extra vat?
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby KSV » Fri Mar 14, 2014 2:11 pm

its time to get together, i have already talk to several SRS buyers regarding the meeting on 22-mar, you all are requested to collect the maximum no. of contact no, send them sms or mails or this portal, 1st meeting is on tomarrow may be, as informed.
be unite, save the money.
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby KSV » Fri Mar 14, 2014 2:49 pm

Time to unite :flag: :flag:
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby arunnayak » Fri Mar 14, 2014 3:13 pm

Dear All,

Please be noted that as discussed over phone and further conversation at below link,

formation-of-srs-royal-hills-members-group-t1003-45.html#p17274

we all are to be present in SRS Royal Hills site Main Gate at 2:00PM tomorrow (15th March) to prepare our agenda to raise the voice against SRS Management regarding VAT charges etc.

Thanks,

Deepak: 9999505860
Arun : 9899697519
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby lakhchaura_007 » Sat Mar 15, 2014 11:37 am

Dear all

Not able to attend today’s meet due to some pre-committed engagements but full support for agenda to be discussed.


Regards


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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby pankaj9088 » Sat Mar 15, 2014 11:51 pm

Dear All,

Last week i met Mr OmVir at SRS District Centre sec 12. He is DETC Head of Faridabad. In front of me, he rang the director of SRS and asked how he can charge VAT from the customer and even though the builder has not paid tax regarding VAT to the Govt. This is illegal which builder is doing.

As per him, the builder is charging VAT of 6.30% is not feasible. Although, the exact amount of VAT can be calculated post the builder paid the tax. He said, if builder is asing to pay the VAT, then i can ask the buider to provide the assessment and the tax details which he has paid to the govt. By doing this, we can came to know how much VAT to be paid(if to be paid).

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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby prateek.sm » Mon Mar 17, 2014 6:06 pm

Dear Group Members,

Please share the outcome of the meeting for the members who do not live in Faridabad. Thanks.

Regards,
Prateek
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby lakhchaura_007 » Tue Mar 18, 2014 11:24 am

Dear all

Please share the outcome of internal meeting of group member had last week.


Regards


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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby guptraj » Tue Mar 18, 2014 6:13 pm

Dear All,

Please share the outcome of internal meet.....Last date for payment submission is near and we have to take some action.
As i got transferred in Jaipur from last 2 years and was not able to attend the meet. I need the update on that..

Rajeev
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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby forbhagwat » Fri Mar 21, 2014 3:19 pm

Hi,

I am Bhagwat Garg and own a flat in tower B-5. As per letter for offer of possession they says - "aforesaid flat is complete and we have already received the occupation certificate". Has someone have recently visited to see the actual progress? Has builder really received the occupation certificate?

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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby guptraj » Tue Mar 25, 2014 10:42 pm

Hi,

Whether we have to pay the VAT as requested by Builder, As per article VAT is charged on In construction project.
But if you see that if Builder give us the possession on time (Dec.12) then this VAT should not be beared by us.

We have to make discuss on that with builder.....

Please see the link which has been posted on Economic Times..

http://articles.economictimes.indiatime ... e-property

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Re: SRS Royal Hills construction status, possession, resale, reviews discussion

Postby prateek.sm » Mon Mar 31, 2014 1:55 pm

Dear Members,

Request you to share any latest updates/pictures from the site. The photos on the SRS website do not give a good picture of the towers which have been declared as "complete".

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Prateek
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