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Fraudulent bussiness practices

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Fraudulent bussiness practices
Nov 11, 2017 03:55 PM 11987 views
(Updated Nov 11, 2017 03:55 PM)

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Beware of the Builders intention. Project at hessarghatta Main road was started in  2006, then it attracted clients since 2009. Still this is dusting without completion(Nov2017). Similar project may be in and around bangalore and north india.


Builder's work force at customer end give false assurances and promises just to trap as many fish it can. Builder never comply by the sale and construction agreement and even they do not respect it. Even during the Court stay order they keep selling the flats. As per the agreements builder is liable to pay compensation ranging from 10K to 14K, if undone in stipulated time. If a flat owner ask for it then they threat them of cancellation and eat out most of the money. The easier way to make profitable business. Fearing this many flat owner are unable to knock the door of court / police because most of it is managed by the builder. Flat owners are having monthly meeting with builders representatives but in vain. This is an eyewash to use public money freely and extend time of completion indefinitely quoting unreasonable constraints without paying the promised compensations.


Many of the online feedbacks and defending chats are fabricated by the builder's task force to coverup their habitual ill intentions.  Think harder for your hard earned wealth and pleasant future.



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