Commitments made to customers not being honoured

Review On Era Group, Greater Noida

Beware of this company and its owners.

We had purchased three (03) Studio Apartments, in their project Residency Square, Knowledge Park – 3, Greater Noida. We had opted for the cash down plan; therefore the company is committed to pay an assured return per month on the amount so received from the date of receipt till offer of possession.

At the time of booking it was assured by their marketing and sales executives that at the onset of the Financial Year 2013/14, the assured return cheques for the complete financial year would be handed/given in the form of post dated cheques (PDC). Contrary to the above assurance, we have still not received the assured return cheques for the Financial Year 2013/14.

We have endlessly called up their sales and marketing executives, and their customer care number 011- 46203777 which nobody bothers to answer. We have sent innumerable emails to nearly all the executives of the company. We have also sent emails to the owners of the company Mr. HS Bharana and Sumit Bharana but all in vain.We have our own financial commitments that require us to make timely payments for our own personal obligations. They have also failed to deposit the TDS deducted from customers. They are defaulters.

We had reposed trust and confidence in this company and had therefore invested in their project hoping to receive an assured monthly income to counter the dreadful inflation but we find that our money is stuck with these fraudsters. This attitude erodes the investor's confidence in the company.

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