Right now bookings opened for Block2-wing-a. sales persons are quoting 2975 (negotiable). Possession is end of 2013 (6 months buffer). Off course you are not worried because there is a penalty clause in the agreement.
Suncity, Euphoria and Genesis were delayed by years. They also had penalty clauses. How much penalty was paid out by CLPD to the owners. 0. That is true. NO PENALTY PAID EVER.
The project is supposed to give possession for Block 1 by August 2012. This block itself will be delayed by 1 year at least.
I am expecting 1 year delay for sure. Total project will be completed by 2016. By the time of this block possession, remaing wings were under construction. The builder is supposed to maintain the apartment for 4 years. That means the builder will be around to control your lives till 2020.
You really want to cast your fate with this builder for next eight years. If you think this is hyperbole, remember the builder has not yet vacated any of the previous project he has ever constructed.