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Why Group For Flat?

We are a team of dedicated Architects, Civil Engineers, Project Managers and Lawyers who are active in the construction industry. We can study, analyse and bring you projects which give maximum value for money, safety, in-time possession of your flat. Let our architects, civil engineers, project managers, legal team select projects for you after a rigorous process to ensure that the projects that are finally shortlisted are minimum risk with maximum saving for you.

Scenario I: Buyer approaches various builders individually.

On the project site, the Buyer often doesn't get to meet persons in authority, who can give authentic detailed information and instead has to meet unqualified, uninformed site personnel doubling up as sales persons.

Multiple visits to site, office etc for each project are required. Lack of documents, transparency in pricing, area; inaccurate picture about project. For negotiations, the Buyer approaches various builders individually. Has to deal with high handedness of builders who are unwilling to sell unless its on their terms.

Over all, an unpleasant experience, where the customer is left with no choice but to “take it or leave it”.

If Buyer “takes it” often the only thing he knows is that he is “getting a 2 BHK of 1000 sft for Rs. 1.2 Crores”. Information on following topics is incomplete and often inaccurate and is only revealed after detailed, pointed questioning:

  • carpet area,
  • stamp duty costs,
  • VAT & Service Tax,
  • terms and conditions that are imposed on Buyer in the sale agreement,
  • parking charges,
  • maintenance costs,
  • possession status,
  • amenities,
  • specifications of flats,
  • title/ ownership details of plot on which building in constructed,
  • Government approvals.

Result: Buyer gets a flat where:

  • Unauthorized work may be carried out by the builder and illegal area may be included in the flat that is sold to buyer.
  • Often the Buyer buys in to a project without knowing how much legal area he is actually purchasing and how much he is paying for “super built up” areas.
  • Knowledge about the plots ownership is absent, thus if there is a dispute in the land ownership, the entire project gets jeopardized.
  • Hidden costs running into tens of lakhs are revealed after the deal is struck and token is paid.
  • Possession may be delayed.
  • Terms and conditions which are against the interest of the Buyer are included in the agreement and Buyer is not given a chance to review the agreement.

Scenario II: Buyer joins group with GFF.

Buyer meets GFF representatives who explain various aspects our project selection process. GFF understands the requirements of the buyer and aligns it to a group. As per requirements GFF shortlists various projects for the group. GFF visits various shortlisted project sites, corporate offices of shortlisted builders. We meet persons within the builders organization who have the required information and the authority to interact with us. Through these visits and meetings, GFF collects relevant documentation and information on the various projects.

The shortlisted projects along with all available information is presented to buyers. Buyers visit shortlisted projects to get a feel of exact location, project etc and finalize at least 2 projects. For negotiations, GFF approaches finalized builders and negotiates the cost of flats. Based on these final discounted costs, group selects project for group booking. Over all, a pleasant experience, where the buyer is a part of the group which uses its strength to get in a position of power vis a vis the builder. The builder sees the potential of group bookings and is aware of other projects available to the group. Being eager to get the bulk group booking, the builder gives competitive discounts.

When the Buyer books a flat through GFF, information on following topics is provided at the initial stages to help the Buyer make a decision:

  • carpet area,
  • stamp duty costs,
  • VAT & Service Tax,
  • terms and conditions that are binding on Buyer & builder in the sale agreement,
  • parking charges,
  • maintenance costs,
  • possession status,
  • amenities,
  • specifications of flats,
  • title/ ownership details of plot on which building in constructed,
  • Government approvals.

Result: Buyer gets a flat where:

  • He does not purchase unauthorized/ illegal area from the builder.
  • The Buyer knows exactly how much carpet area he is getting and how much superbuiltup/ useable areas he is paying for.
  • Title of plot is known and buying a flat in a project where ownership dispute may arise is avoided.
  • Any hidden costs are revealed at the very beginning before making any payments and thus there is no compulsion on the Buyer.
  • Possession delay is minimized.
  • Terms and conditions which are against the interest of the Buyer are excluded from the agreement and Buyer signs agreement only after being thoroughly informed about the clauses of the agreement.

Why are we different?

A construction project involves legal, financial and technical aspects. It is rare to have all 3 streams of knowledge under one roof. Our total inhouse experience of over 75 years in these 3 areas allows us to analyse the project and select the best projects for you to choose from.

Is getting cheap flats enough?

At GFF we don't stop at getting you cheaper flats. Our team studies every project against various parameters which include:

  • Technical and design aspects, planning and layout,
  • Title of the plot
  • Financial stability of the project itself as well as the builder who is doing the project,
  • If the builder is following quality practices as per industry norms,
  • if there is unauthorized work which can jeopardize the entire project,
  • approvals from various government agencies,
  • analysis of price trends in the location and many others. So when we recommend a project to you, you can be sure that you are not just buying blindly and relying on the builders sales persons but making a decision based on facts.