Horrible Builder with only excuses

Review On Assetz, Bangalore

Hi People,

I would like to highlight the major points here for the Builder Assetz Property Group who call themselves a A Class Builder but none of their responses and activity concur to it.

The Assetz 63 degree East project started way back in 2016 with promises that the handover of the project would be done for the 1st phase in between 2018-19. The dates shared with one of the owners was March 2019 for possession. People were not shared any update about the delay until the last week of March 2019, post which they were informed that it is getting delayed by 6 months.

So the next possession date becomes Sep 2019, but again the same thing was repeated and the date was shifted to Dec 2019.

The new year arrived and it is about to enter March 2020, still the possession for the 1st phase C Tower has not been fulfilled, which they have no shame and remorse of. They even went ahead and launched the phase 2 where Tower A and B has been started. Even the Villa phase has also started. All this is happening when phase 1 is not even completed and more than 85% of the people's money is already paid for almost a year now.

When the owners protest they are being said, please bear with us as we have many factors for project getting delayed. No money, no labor, etc.

Now how do they get money and labor for other phase.?

I personally believe they are playing with the emotions and money of the owners. Any new buyers please be very careful before investing in Assetz Property Group.

whatever date is mentioned in the papers, you will definitely expect the possession 1 yr after it(minimum).

Latest news: they have launched around 5 more projects in different areas in Bangalore, god save all those people buying their dream homes in it.

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