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	<title>Comments on: Comments on XS Real by Mr.Suresh -Vice President marketing &#8211; XS Real</title>
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	<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/</link>
	<description>My Miscellaneous Ramblings</description>
	<lastBuildDate>Tue, 13 Jul 2010 03:32:32 +0000</lastBuildDate>
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		<title>By: LOGANATHAN</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-24045</link>
		<dc:creator>LOGANATHAN</dc:creator>
		<pubDate>Wed, 31 Mar 2010 05:11:15 +0000</pubDate>
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		<description>Dear Mr Suresh 

clrification required on below points

1. is it true that XS real offers free maintence through out
2. if it is yes, applicable for all you projets
3. If not all what about laceleste (yes or no)
4. if it is not covered what will be the monthly charges or yearly charges will come for lacelest porur

thanks you very much
Loganathan</description>
		<content:encoded><![CDATA[<p>Dear Mr Suresh </p>
<p>clrification required on below points</p>
<p>1. is it true that XS real offers free maintence through out<br />
2. if it is yes, applicable for all you projets<br />
3. If not all what about laceleste (yes or no)<br />
4. if it is not covered what will be the monthly charges or yearly charges will come for lacelest porur</p>
<p>thanks you very much<br />
Loganathan</p>
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		<title>By: Anu</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-17529</link>
		<dc:creator>Anu</dc:creator>
		<pubDate>Mon, 21 Sep 2009 11:37:01 +0000</pubDate>
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		<description>Hi Suresh,
i have booked a flat in G block P4. I received the mails that all the approvals are through. when is the construction going to begin? I am a bit disappointed to know that the construction is not yet in full swing as the registrations are still going on. I don&#039;t see why the construction work is pausing when registration work is going on.
We would in fact be very appreciative if we got our flats even before Dec 2010.</description>
		<content:encoded><![CDATA[<p>Hi Suresh,<br />
i have booked a flat in G block P4. I received the mails that all the approvals are through. when is the construction going to begin? I am a bit disappointed to know that the construction is not yet in full swing as the registrations are still going on. I don&#8217;t see why the construction work is pausing when registration work is going on.<br />
We would in fact be very appreciative if we got our flats even before Dec 2010.</p>
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		<title>By: Ashok Srinivasan</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-17317</link>
		<dc:creator>Ashok Srinivasan</dc:creator>
		<pubDate>Mon, 14 Sep 2009 08:01:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-17317</guid>
		<description>Hi 

   I booked appartment at XS Real on June 2009 when the opened for H BLock and also I paid my cheque that day itself and also I received the payment receipt after 1 month
After 3 months they are coming and say that it already blocked for some one else so I need to cancel your booking 
But I already arranged for loan and all .
I lost credibility about the builder . 
They not even come up with other solutions
I am not sure How many of them faced this issue .. Please keep in touch with me ashok.srinivasan@isgn.com

Thanks &amp; Regards
Ashok Srinivasan</description>
		<content:encoded><![CDATA[<p>Hi </p>
<p>   I booked appartment at XS Real on June 2009 when the opened for H BLock and also I paid my cheque that day itself and also I received the payment receipt after 1 month<br />
After 3 months they are coming and say that it already blocked for some one else so I need to cancel your booking<br />
But I already arranged for loan and all .<br />
I lost credibility about the builder .<br />
They not even come up with other solutions<br />
I am not sure How many of them faced this issue .. Please keep in touch with me <a href="mailto:ashok.srinivasan@isgn.com">ashok.srinivasan@isgn.com</a></p>
<p>Thanks &amp; Regards<br />
Ashok Srinivasan</p>
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		<title>By: Ramesh</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-16289</link>
		<dc:creator>Ramesh</dc:creator>
		<pubDate>Tue, 04 Aug 2009 16:21:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-16289</guid>
		<description>Suresh,

What is the current status of the approval .when will the approval will be obtained for the amity.</description>
		<content:encoded><![CDATA[<p>Suresh,</p>
<p>What is the current status of the approval .when will the approval will be obtained for the amity.</p>
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		<title>By: Ramesh</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-16158</link>
		<dc:creator>Ramesh</dc:creator>
		<pubDate>Thu, 30 Jul 2009 17:42:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-16158</guid>
		<description>Suresh,

what is the status now ...have u received the approval ....when the construction is going to start .

It would be great if you can reply.

Thanks.</description>
		<content:encoded><![CDATA[<p>Suresh,</p>
<p>what is the status now &#8230;have u received the approval &#8230;.when the construction is going to start .</p>
<p>It would be great if you can reply.</p>
<p>Thanks.</p>
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		<title>By: Satyanarayan Patra</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-15730</link>
		<dc:creator>Satyanarayan Patra</dc:creator>
		<pubDate>Thu, 16 Jul 2009 07:10:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-15730</guid>
		<description>I am a buyer of XS Real Amity. My experience with XS Real has been very disappointing. 
  
I was in search of good 3 bhk apartment around 25lakh for all most one year now. 

I was particularly interested in XS Real and approached them during June-July 2008. At that time I was told that there is going to be only 2 bhks and not 3 bhks. After long, during April-May 2009, I found out that they have some 3 bhk blocks as well and block L was open for booking. I wanted L3B but it was already booked. I could not understand why other blocks were not open for booking. 

Then I got interested in the G block and had asked a lot of marking guys to tell me know as soon as it releases for booking so that I can book as per my preference. I wanted G3B. But since they were not sure when it was going to open for booking, I had booked I3B for rs.1895/sq.ft. so that I would exchange once G block was open. This was during June 2009. 

When the G block opened, I was informed only after a couple of bookings already done and that too with rs.2095/sq.ft. Actually, before the G block was opened to public, some flats were already booked. I don’t understand the transparency here. So I could not get my preferred flat.  

At that time my friend was looking for the 2 bhk apartment within 15lacks. Then there was a change of plan with the 2 bhks and so my friend didn’t seem interested any more.

Now, I hear that the 2 bhks are got converted to 3 bhks. Now I am very interested in C3A or F3B but they say both of them are gone.  

If a new customer comes and books at rs.2095 and I am also asked to book in the same rate then what is difference between us. I have continuously followed up with them from the beginning on the Amity project and have also booked a flat, with the then price of rs.1895, temporarily as per their suggestion so that I can exchange it as per my preference when they release all the blocks.

So, every time I am forced to change my preference as per their release of blocks, plan changes and sudden unavailability. This is very disappointing as I am supposed to choose my flat and not them. I have kept calling them to get the latest updates so that I can first in queue but all in vain.
  
My family and I are really disappointed with XS Real as even after my regular request to them and continues touch with them (to be the first in queue so that I could take the preferred home), I still didn’t get a home as per my preference. 

I don’t think other promoters make so many changes in plan, release just 150 houses (500 or more house is understandable) in phases at different prices in the span of few months and make it difficult for the customer to choose his preference. 

Now, I am not being given preference to book the blocks I want (F3B or C3A) and at rs.1895/sq.ft. 

Thanks, 
Satya</description>
		<content:encoded><![CDATA[<p>I am a buyer of XS Real Amity. My experience with XS Real has been very disappointing. </p>
<p>I was in search of good 3 bhk apartment around 25lakh for all most one year now. </p>
<p>I was particularly interested in XS Real and approached them during June-July 2008. At that time I was told that there is going to be only 2 bhks and not 3 bhks. After long, during April-May 2009, I found out that they have some 3 bhk blocks as well and block L was open for booking. I wanted L3B but it was already booked. I could not understand why other blocks were not open for booking. </p>
<p>Then I got interested in the G block and had asked a lot of marking guys to tell me know as soon as it releases for booking so that I can book as per my preference. I wanted G3B. But since they were not sure when it was going to open for booking, I had booked I3B for rs.1895/sq.ft. so that I would exchange once G block was open. This was during June 2009. </p>
<p>When the G block opened, I was informed only after a couple of bookings already done and that too with rs.2095/sq.ft. Actually, before the G block was opened to public, some flats were already booked. I don’t understand the transparency here. So I could not get my preferred flat.  </p>
<p>At that time my friend was looking for the 2 bhk apartment within 15lacks. Then there was a change of plan with the 2 bhks and so my friend didn’t seem interested any more.</p>
<p>Now, I hear that the 2 bhks are got converted to 3 bhks. Now I am very interested in C3A or F3B but they say both of them are gone.  </p>
<p>If a new customer comes and books at rs.2095 and I am also asked to book in the same rate then what is difference between us. I have continuously followed up with them from the beginning on the Amity project and have also booked a flat, with the then price of rs.1895, temporarily as per their suggestion so that I can exchange it as per my preference when they release all the blocks.</p>
<p>So, every time I am forced to change my preference as per their release of blocks, plan changes and sudden unavailability. This is very disappointing as I am supposed to choose my flat and not them. I have kept calling them to get the latest updates so that I can first in queue but all in vain.</p>
<p>My family and I are really disappointed with XS Real as even after my regular request to them and continues touch with them (to be the first in queue so that I could take the preferred home), I still didn’t get a home as per my preference. </p>
<p>I don’t think other promoters make so many changes in plan, release just 150 houses (500 or more house is understandable) in phases at different prices in the span of few months and make it difficult for the customer to choose his preference. </p>
<p>Now, I am not being given preference to book the blocks I want (F3B or C3A) and at rs.1895/sq.ft. </p>
<p>Thanks,<br />
Satya</p>
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		<title>By: SureshS</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-14965</link>
		<dc:creator>SureshS</dc:creator>
		<pubDate>Mon, 29 Jun 2009 02:12:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-14965</guid>
		<description>Dear Ingly,
I am Suresh here, Vice President Marketing of XS Real Properties P Ltd.
The DTCP has verified the technical aspects and approved the plan and has directed Mahabalipuram Local Planning Authority [MLPA] to issue necessary Planning Permit.  Our Approval number is 96/2009. Based on this technical approval the MLPA has asked to pay the necessary fees vide their letter 81/2009 dated 03.06.2009 for the issuance of Planning Permit. We have already paid necessary fees as directed by MLPA.
  
We are yet to receive clearance from MLPA. This is because of one common issue pending between all Developers of Chennai and the Government.  We refer to payment of Infrastructure and Amenities charges which amounts to Rs.500/- per Sq.mtr or Rs. 46.50Ps/ per sq.ft to the government.  Please refer to the article link here:   http://timesofindia.indiatimes.com/articleshow/4641934.cms

As you can make out from the article,  CREDAI [Confederation of Real Estate Developers in India] which represent the developers has gone to court challenging the collection of Infrastructure and amenities charges. The Chennai High Court has stayed the collection of Infrastructure Charges, and currently the case stands adjourned.  
We expect some development in the next three weeks.
•	If the High Court gives verdict in favor of CREDAI there will be no Infrastructure Charges payment, we will receive planning permit from MLPA and will start construction –by the first week of August 2009.
•	If High Court gives verdict in favor of the government then we will pay the necessary Infrastructure charges, collect the planning permit from the MLPA and proceed with the construction as planned by first week of August, 2009.  In such an eventuality we shall be constrained to collect the fee of Rs.50/ per Sq.ft from you and pass it on to the Government.
•	If the case gets further adjourned / delayed/ or not decided, then also, we shall pay the requisite fee, collect the planning permit and proceed with the construction as scheduled, by first week of August 2009. This is because we have a delivery schedule to meet and can ill afford to wait endlessly for the Infrastructure fee issue to be sorted out. 
Ingly,we are presently waiting for Planning Permit clearance patiently because we wish to save our customers  Rs.50/- per sq. ft but  if there is further pussyfooting from the Government, we intend to get on with the construction on the date mentioned above.

I shall be sending a similar communication to all our FairSquare customers today.
With the reference numbers given above you are free to check out with DTCP itself.
Ingly, as on date let me assure you that Amity is a great and safe buy.
Taking the market situation into consideration we had offered a bargain price of Rs 1895/- per sq.ft. I think for a property on the OMR, for the quality offered, for the design and for the completion period (fourth quarter of 2010) this is a fine price. (This is strictly my opinion-please do not mistake it for any promotion.)
Let me also tell you that this price is unsustainable and we will be increasing it shortly.
True to our values, I have attempted to answer your question as honestly as possible. Any errors in understanding, comprehension and explanation are solely mine. 
Warm Regards, 

Suresh</description>
		<content:encoded><![CDATA[<p>Dear Ingly,<br />
I am Suresh here, Vice President Marketing of XS Real Properties P Ltd.<br />
The DTCP has verified the technical aspects and approved the plan and has directed Mahabalipuram Local Planning Authority [MLPA] to issue necessary Planning Permit.  Our Approval number is 96/2009. Based on this technical approval the MLPA has asked to pay the necessary fees vide their letter 81/2009 dated 03.06.2009 for the issuance of Planning Permit. We have already paid necessary fees as directed by MLPA.</p>
<p>We are yet to receive clearance from MLPA. This is because of one common issue pending between all Developers of Chennai and the Government.  We refer to payment of Infrastructure and Amenities charges which amounts to Rs.500/- per Sq.mtr or Rs. 46.50Ps/ per sq.ft to the government.  Please refer to the article link here:   <a href="http://timesofindia.indiatimes.com/articleshow/4641934.cms" rel="nofollow">http://timesofindia.indiatimes.com/articleshow/4641934.cms</a></p>
<p>As you can make out from the article,  CREDAI [Confederation of Real Estate Developers in India] which represent the developers has gone to court challenging the collection of Infrastructure and amenities charges. The Chennai High Court has stayed the collection of Infrastructure Charges, and currently the case stands adjourned.<br />
We expect some development in the next three weeks.<br />
•	If the High Court gives verdict in favor of CREDAI there will be no Infrastructure Charges payment, we will receive planning permit from MLPA and will start construction –by the first week of August 2009.<br />
•	If High Court gives verdict in favor of the government then we will pay the necessary Infrastructure charges, collect the planning permit from the MLPA and proceed with the construction as planned by first week of August, 2009.  In such an eventuality we shall be constrained to collect the fee of Rs.50/ per Sq.ft from you and pass it on to the Government.<br />
•	If the case gets further adjourned / delayed/ or not decided, then also, we shall pay the requisite fee, collect the planning permit and proceed with the construction as scheduled, by first week of August 2009. This is because we have a delivery schedule to meet and can ill afford to wait endlessly for the Infrastructure fee issue to be sorted out.<br />
Ingly,we are presently waiting for Planning Permit clearance patiently because we wish to save our customers  Rs.50/- per sq. ft but  if there is further pussyfooting from the Government, we intend to get on with the construction on the date mentioned above.</p>
<p>I shall be sending a similar communication to all our FairSquare customers today.<br />
With the reference numbers given above you are free to check out with DTCP itself.<br />
Ingly, as on date let me assure you that Amity is a great and safe buy.<br />
Taking the market situation into consideration we had offered a bargain price of Rs 1895/- per sq.ft. I think for a property on the OMR, for the quality offered, for the design and for the completion period (fourth quarter of 2010) this is a fine price. (This is strictly my opinion-please do not mistake it for any promotion.)<br />
Let me also tell you that this price is unsustainable and we will be increasing it shortly.<br />
True to our values, I have attempted to answer your question as honestly as possible. Any errors in understanding, comprehension and explanation are solely mine.<br />
Warm Regards, </p>
<p>Suresh</p>
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		<title>By: Ingly</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-14532</link>
		<dc:creator>Ingly</dc:creator>
		<pubDate>Fri, 19 Jun 2009 00:01:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-14532</guid>
		<description>Suresh,
What about the Amity project? Do you have all the approvals in place? Can you confidently say that there wont be issues of cancellations with that project?</description>
		<content:encoded><![CDATA[<p>Suresh,<br />
What about the Amity project? Do you have all the approvals in place? Can you confidently say that there wont be issues of cancellations with that project?</p>
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		<title>By: akj</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-14416</link>
		<dc:creator>akj</dc:creator>
		<pubDate>Tue, 16 Jun 2009 11:15:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-14416</guid>
		<description>I am planning to buy Xs real property at OMR - AMITY project.
Rate is 1895 / sq. ft.
is this investment is safe ?</description>
		<content:encoded><![CDATA[<p>I am planning to buy Xs real property at OMR &#8211; AMITY project.<br />
Rate is 1895 / sq. ft.<br />
is this investment is safe ?</p>
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		<title>By: Srini</title>
		<link>http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/comment-page-1/#comment-2247</link>
		<dc:creator>Srini</dc:creator>
		<pubDate>Sun, 08 Jun 2008 00:20:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.chennaimetroblogs.com/comments-on-xs-real-by-mrsuresh-vice-president-marketing-xs-real/#comment-2247</guid>
		<description>On a different matter and since Suresh you are in the real estate business, I am taking the liberty to ask a professional source a question on most peoples mind, How does the Builder Community see the state of real estate in Chennai in terms of sluggish vs demand, transparency,  flats / plots sq/ft rates, guidance values steady?, plot Vs flats around Chennai, builders and new real estate builder entrants from abroad and their impact, govt policies, and on hot areas of Chennai. is OMR? GST?... hot these days? 

I also address this to others who are more knowledgeable or have information based on current facts from Chennai. Would like to know given the rise in inflation, food riots, gas prices hitting the roof all over the world, the crashing real estate market in 2007/2008 in US and now in Europe other places..</description>
		<content:encoded><![CDATA[<p>On a different matter and since Suresh you are in the real estate business, I am taking the liberty to ask a professional source a question on most peoples mind, How does the Builder Community see the state of real estate in Chennai in terms of sluggish vs demand, transparency,  flats / plots sq/ft rates, guidance values steady?, plot Vs flats around Chennai, builders and new real estate builder entrants from abroad and their impact, govt policies, and on hot areas of Chennai. is OMR? GST?&#8230; hot these days? </p>
<p>I also address this to others who are more knowledgeable or have information based on current facts from Chennai. Would like to know given the rise in inflation, food riots, gas prices hitting the roof all over the world, the crashing real estate market in 2007/2008 in US and now in Europe other places..</p>
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