Bangalore Investors: Beware Of Adarsh Developers

Review On Adarsh Developers, Bangalore

Those who have been around on the scenario before, might be jolted by such a statement. But not the present sufferers. Things do change. I am taking time to give a jist here about this developer and why investors should no more jump with enthusiam at their name. They should think twice before opening up their fat wallets."Adarsh Developers" is/was one of the topguns in the real estate industry of Bangalore city. They are mostly into  development/selling of huge luxurious housing projects like villas and flats. On the fly they do some corporate construction/develoipment as well.

Years ago, they boasted of quality product and customer-service where "Adarsh Customers bring in new customers".But that was then. One should no longer be fooled by applauding their past

projects. Its a dismal and viscious story now.It all began in 2004 when Adarsh started booking for which was touted to be one of the best projects of new Bangalore---"Adarsh Palm Retreat". It

was a huge project with villas and flats in the offing and bang next to the Intel Campus on outer ring road. No wonder, as always the case with Adarsh-- it was lapped up instantly. Now , people pay a premium cuz

it is Adarsh, their stuff is supposed to be good, they deliver on time and

their titles are clean.

Atleast that's how it used to be! The project started and pretty soon stopped after some construction work.

2005 passed away. The flats resumed half heartedly in 2006 and then again stopped. Incidentally handover date was Dec 2006. Strange stories were spun from the developers side when asked upon. Misinformation. lies and indifference fed to customers/invetsors who had trusted these creeps with billions of

Rupees.*

No customer service at all-- arrogant and extremeley dictatorian mgmt and staff---- Untill inquistive customers found out that this huge famous project had serious legal problems--approvals had not been obtained, FAR ratio problems had stalled the project and hence the mgmt decide to act arrogant by

keeping mum and bullying customers.** This is where it stands today in 2007.

Approvals not in place, yet the mgmt wants to collect payments.

Customers are being bullied to pay for a flat they may not get or hadn't signed for. The idea

is to collect money, then later tell the customer "Sorrry no do." take your money back with peanuts or wait until we can give you another same type of accomodation.The most unprofessional, rough, two-timing, low level cheat is literally nothing compared to this Adarsh Developer. All attempts and requests to meet and discuss matters with the propieter Mr. B.M Jayshankar has been futile as he seeks to hide always or perpetually claims to be touring England from his desk! Some still have blind faith and will eat

whatever crap Adarsh feeds them.

But many are now waking up to this sham and scam., With this project in a mess and entangled in legal a imbroglio, Adarsh is audacious enough to divert attention by talking about other 4 projects that they are planning in the future across Bangalore. Well they can always funnel in the money from fat wallets! After that you can blow sunshine down your own A#se. Investors, the promises Adarsh makes today, were the same as

given to Palm  Retreat customers  back in 2004. DON'T COUNT ON IT. CHECK THE GROUND FACTS. *

More customer feedback and first hand bitter encounters of this can be found on the

following URL

https://groups.yahoo.com/group/adarshpalmretreat_blr/Don't take my word for it. There are 1000s of sufferers in this City who are being raw dealt by this developer.If you as a serious investor, value your money, expect quality service for which you are paying a preimium, expect excellenet customer orientation and cordiality for which you are shelling a fortune, expect everything to be legally impeccable and sincere------ Then you better invest elsewhere. It pays to be safe than sorry. You have been forwarned. *

---