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Why U should NOT invest with Nitesh Estates

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Bangalore India

Why U should NOT invest with Nitesh Estates
Mar 10, 2013 12:39 AM 8257 views

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The list of why you should not invest with Nitesh Estates are many but I am listing out the main things that a new home buyer should consider while buying a property. It is wise to learn from the mistakes of others than learning by burning your own fingers.




  1. Once the Sales deed is over after all sweet talks you will be handed over to CRM Team. CRM is headed by Gretta Vinu . there are several other reviews specifically about the CRM team of Nitesh Estates which would be enough to make you understand what kind of crap you need to deal with.  SO AN UNPLEASANT, NON - COMMITTED, ARROGANT CRM TEAM  who don't understand the meaning of customer relationship . DEALING WITH THIS TEAM= PASSING THROUGH HELL . So GOOD LUCK!(Probably hired from some C grade B School which didn't teach them about CRM).




  2. NON ADHERENCE TO SALES AGREEMENT - This public limited company cares a damn of what is written in sales agreement. On delay the company is supposed to pay its customers Rs 5/ sqft  per month from the month of delay(usually 2.6 years from day of booking) . Non of the previous project customers have got a dime from this so called ethical organization which has people like Mahesh Bhupati on its board.  SO BE PREPARED TO PAY UR RENTAL+ EMI's . And trust me this will not be easy on your pocket.






3.  BAD RELATIONSHIP BETWEEN CONTRACTOR AND THE BUILDER


For their project Flushing meadows there has been change of contractors(3 times till date). The project is delayed for 1.8 years now and no where near completion . Once the structure work is completed, the time when you pay 95% of the cost, work will stop. On any given day you won't find more than 20 workers at the site . So you should be smart to know how much the project can get delayed in such circumstances. Their project Forest Hills was delayed for 5 years. Again none of the owners were paid compensation as mentioned in agreement.




  1. U CAN BE ASKED TO SELL UR OWN APARTMENT TOO




In case you protest about the delay in project, non payment of compensation, indifference of the CRM team to their higher management, they may ask you to SELL OUT your property if you are not happy with the circumstances. That's their way of concern addressal . They do not care the emotions of buying a home.


This was just a word of caution .  All the very best for your new home!



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