Cosmos Builders, Cosmos Lounge, Thane, Maharashtra – Occupation Certificate not issued.

Cosmos Builders, Cosmos Lounge, Thane, Maharashtra Reviews & Complaints

Reported By: sunanda manoj

Contact information:
Cosmos Builders, Cosmos Lounge, Thane, Maharashtra

Dear Sir,
Cosmos Lounge project with 4 towers of 20 storey each was developed by Cosmos builder in Patlipada, Thane west in 2009-11. In 2010, only one tower got OC.
As all customers were assured that the project is legal as one of the tower got OC, loans were approved by reputed banks like SBI, LIC etc. However slowly buyers came to know that they are deceived. Builder had made buyers to sign on the letter claiming that their flat will be used for storage / godown purpose . In hurry to get possession of the flat 80% of buyers have signed that letter without questioning. Possesion was handed over to buyers in 2011.
Project has got official supply of water & electricity from Thane Municipality.
Owners also pay Municipality taxes by their names. However till now even after 6 yrs, Occupation certificate was not issued.
Builder claims that it is the TMC (Thane Municipal corporation) who is responsible whereas TMC claims the builder is at fault.
Many senior citizens are the owners who are not able to sale their flat & migrate to their children settled outside Mumbai due to lack of OC. They had spend all their earning in buying this property but it is turned into dead investment due to lack of OC.
Please look into this matter & take corrective measures to solve this problem at the earliest.
Thanking You,
Yours sincerely,
Sunanda Manoj,
emailid : [email protected]

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