Bhartiya City, Bangalore

I bought a 2000 SFT 3 BHK+Servant Quarters Apartment and paid the initiate 25 lakhs before even getting the Sales Deed. But after getting the sale deed, it was to my surprise that they are not allocating the Un-devided land share equal to the legal land share, instead swallowing it for their commercial project. All poor buyers without checking the laws all the buying 2000 SFT Apartment with around 360 SF of land allocated to them. Not many people are aware of FAR(Floor Area Ratio) approval and they are taking almost all customer for a raid. It is unlikely that the project will get occupancy if BBPM process the site in legal form. Even if the project escapes the initial hurdle, then the Apartment owner can not rebuild it in future beyond the FAR, that mean the owner who buys an apartment of 2000 SFT now will get reconstructed apartment of around 600 SFT. They are charging at par with premium rates then why they are not allocating the legal undevided land.Fortunately I got back my 25 Lakhs but after fighting for 6 months for which I am yet to go legal on claiming interest.

Regds.

Hosur. V

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Its a great project superbly marketed. The wake up call is when you interact with the sales staff and discuss anything other than booking & money. Better still they pay commissions to brokers who sell the property much better than their sales staff but will not budge a rupee to a direct customer.

When pushed and exposed on this account one sales guy threatened to return my booking amount. I have seen corporate arrogance up close, this beats it all. I am hoping the worst is past with fingers crossed.

My advise, use a broker, avoid the direct sales staff.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I visited the bhartiya city couple of days back and very much interested to book a over there. I tried to negotiation on the price but they are not ready to reduce a single rupee. I was searching for multiple options and consulted many of my friends . One of my friend already booked a flat in the couple of months before but he was able to  get 80000 cash back :). I was really surprised about that.But this is not given by bhartiya city.

There are multiple property broker who are actually providing cash back of 1% to 1.5% on the construction cost. He approached one of the property broker and booked. it got 80K cash on the day of agreement.

Be aware if you already register with bhartiya city directly by filling the form and cheque then until you cancel that you can't buy though the Broker.

What every money is money ? tens of thousands is not a easy money to loose. Might think as investor "Appreciation on booking itself".

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

I visited the bhartiya city couple of days back and very much interested to book a over there. I tried to negotiation on the price but they are not ready to reduce a single rupee. I was searching for multiple options and consulted many of my friends . One of my friend already booked a flat in the couple of months before but he was able to  get 80000 cash back:). I was really surprised about that.But this is not given by bhartiya city.

There are multiple property broker who are actually providing cash back of 1% to 1.5% on the construction cost.

he approached one of the property broker and booked. it got 80K cash on the day of agreement.

Be aware if you already register with bhartiya city directly by filling the form and cheque then until you cancel that you can't buy though the Broker.

what every money is money? tens of thousands is not a easy money to loose. Might think as investor "Appreciation on booking itself"

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.

Subject - BHARTIYA CITY - NIKOO HOMES - Bangalore - Malpractice I have booked one flat in Bhartiya City project in Bangalore. I have given 2.5 Lakh cash for booking and they are asking me to give 25% of total sale value in advance without processing my SA. They do not want any banks involvement in this transaction.

Here my problem is, if I give 25 % without loan amount then I can not ask bank for 80 % loan amount+ during possession there will be some miscellaneous charges which could not be accommodated in Loan amount. And moreover they are not processing SA at the time of submitting 25 % of total sale value.. They say it takes 7-10 days for processing SA. Here my question is -

1. 
   Why they do not want to involve banks for this transaction initially.
   



2. 
   Without processing SA, why should I give 25 % of amount?
   



3. 
   Suppose if I am not getting proper document while paying 25 % amount and my bank is ready with my sanctioned loan so in case of cancellation why am I liable for cancellation charges as Bhartiya is not able to provide me the necessary documents.
   



4. 
   If they are getting their money then why are they bothered who is paying what amount, if bank is ready to provide help with some amount. Bhartiya is getting their money so what is the problem? The message which we are getting is, they do not want to be transparent with government regarding this transaction otherwise they would have accepted this deal if they get their money irrespective of thinking whether bank is involved or not.
   



5. 
   They are not ready for Post dated cheque also for some portion of 25 % amount if bank is helping with my pre-approved loan amount.
   



6. 
   Shall I challenge this in consumer court, as I cannot tolerate this wrong practice, and do not want others to fall in this trap. I strongly feel that there is something wrong in this DEAL, where no banks involvement is happening during 25 % of amount submission. If they are getting money then what is there problem if Banks is helping us in paying some amount of 25 % amount, as it is approved by government also.
   

Why they can not take deviation instead of forcing customer to cancel the deal and deducting 1 % of amount of Total Sale Value which will be around 50 K. Please help I am worried as my loan is already sanctioned and I have arranged everything but due to their mysterious behaviour I want to go for cancellation and want to let others know about this malpractice which they are doing.

Since beginning they have misguided and they say that in application form it is written clearly that you have to pay 25 % but it is not mentioned there that they will not provide any legal document at the time of payment. It is like their WIN and Customer's Loss situation.

Bank has also clearly suggested that their past record is bad so do not go without documentation. They are in full mood to hide their initial transactions (25%) in their ledger books at the cost of customers money. Moreover, customers have no security if they are not giving basic documentations on time.. Just wondering what will happen with 2500 flats which are going to come...Seriously horrible experience.

• 
  • Flag This Review
  • Irrelevant
  • Fake
  • Junk
• Thank You! We appreciate your effort.