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Palm retreat - the elusive Tower 4
Review On Adarsh Developers, Bangalore

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gunzu

delhi India

1 Review

Palm retreat - the elusive Tower 4

Aug 25, 2010 11:02 PM 62871 views

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Similar situation -am very frustrated -blocked substantial amount in December 2005 for the same Tower 4 -endless mails and years of agony that I have been going through - you can keep writing/ calling...they will not reply -if they do it is deflecting statements or some stupid unreliable statement. I went for Adarsh having seen palm meadow and thinking they are reliable -unfortunately my experience has been very bitter -i feel they are heartless -same experience as you mention -suddenly i.e recently they claim they have obtained BDA approval -asking for further payment -how do you part with hard earned money? -when they are sitting on my few lakhs for almost FIVE years!!!!! (can they be trusted that bda approval has in fact been obtained by them for this project??)

Their Agreement is one sided -it is a joke!!! -they can sit on a customer's money for years on end -and you get nothing in return -and if their payment is delayed by just a fortnight the agreement states they can cancel it and make us liable -what *^@+!!!.

For delay in delivering the flat on their part the agreement states they will pay you Rs 2/sq ft per month!!!! after taking their own sweet time to deliver -3 years on paper from the time they commence –God alone knows when!!!!! and this is after making you wait for 5 years -and no idea when will the project really commence??!! Number of inconsistencies and no transparency –they exploit our desire for a dream home –let’s see –time will tell.

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Comments on Adarsh Developers - Bangalore Review

They had some problem earlier in that the BDA had not approved some parts of the project and they had to resubmit all plans and then recession hit Bangaloer big time. However now they have all approvals
and this project will be one of the best i...n Bangalore. Besides banks are offering loans and institutiions like Kotak Realty and HDFC have invested huge sums in this. Once the project comes up the rates will jump and it will be one of the most sought after in Bangalore.The Marketing and design teams are highly professional as they took me through the design of my Villa and construction is ongoing. Let’s forget the past- those who have booked in 2005 if they want to sell now I am willing to buy at 20% higher price than what they paid in 2005 Read More

By: rohitrampal | Jun 08, 2011 10:49 AM

Just visited the site. it is developing very well as will be one of the best projects in bangalore. The clubhouse is coming up and will be ready in the next 18 months. The time is now to buy here a Villa or condo as once the Highway comes up and the...project si ready rates will jump asnd Outer Ring Road will be one of the most sought after locations in Bangalore. there is no other project that has a 1 km private Road, a lake and such great facilities in Bangalore. Read More

By: rohitrampal | Jul 10, 2011 12:18 PM

Hi gunzu,
Guess after crazy delays in the previous years, Tower 3 (Daffodils) is finally getting into shape. They will start first level handover from ground floor by end of May 2013. If you are on the topmost floor (11th) please add at least 6...more months. Once the interiors(cabinets, wardrobes etc) are done by the owners they will complete the final touches including painting, which may take another month. We are on the tenth floor of Daffodils and are hoping to make it in the first quarter of 2014. For Tower 4, current expectation is mid 2014, so the actual date maybe mid 2015 for the topmost floor.

Clubhouse also maybe ready only by end of 2014.

All the very best!

vibes Read More

By: vibez1 | May 01, 2013 12:03 AM