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Panchsheel Buildtech Pvt Ltd, Noida

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Location

123, Sector 63, Noida 201301, UP

Reviews on Panchsheel Buildtech Pvt Ltd, Noida

Summary
Apr 21, 2014 04:04 PM Read

Some shocking facts to know about Panchsheel Builder. I am residing in Panchsheel Wellington society. Builder too resides in this society but like a King and treats all other residents as his Praja.

Over charging:

The company owning the maintenance of Panchsheel Wellington, crossing republik society is charging 500INR/month for the use of club facilities like swimming pool, gym etc in addition to the monthly maintenance. The flat owners have paid 50000INR as club membership charges and total number of flats in this society is about 1500. So total deposit with builder for setting up a small club was 50000*1500=75000000/- which was made functional after 2 years of possession.

The company that owns the maintenance of this society is a sister company of the Panchsheel group and the  RWA has not yet been setup due to incomplete construction of the society. We all are paying a hefty maintenance charge @1.65INR per Sq Ft. and an average size of flat is 1500 sq ft. which means 2400 INR*1500= 3600000 INR/month as maintenance to the company managing the maintenance.

In addition to this, there is a bigger pain that the people of this society are bound to bear. The builder stays in one of the penthouses of this society and openly flouts basic rules of residing in the apartment societies. The maintenance company of this society is very effective on imposing and commanding the society rules on other residents but allows the builder family to flout it openly. Here are few examples:



  1. Builder and his family uses main entry gate and other residents are not allowed to enter or exit from that gate.



  2. There are 2-3 security guards that are deployed on the main gate to manage the entry and exit of builder's family. The security guards deployed on main gate have been trained to salute each and every family member when they enter or exit the main gate.



  3. He parks too many cars inside the society without sticker whereas no resident is allowed take the car inside without sticker or valid reason like sticker is not yet provided by builder.



  4. All his 6-8 big cars are parked on the ground floor which is a non-parking and common areas in front of the entrance of tower lobby.



  5. There is a strict timing for other residents to use club (morning 5-9am and evening 5-9pm) and no resident is allowed before or after these timings. The builder family is allowed to use the club facilities after the general timings.



  6. The lift runs unstopped when members of builder family are travelling in it. The other residents and their kids have to wait for their turn to come after builder or his family members are gone.


Apr 10, 2014 02:28 PM Read

I had booked a flat in Panchsheel Greens in Noida Extn. The project is Panchsheel Greens 1. The construction quality is very poor. The bricks being used are of very poor quality (unbaked), the masonry work is poor. Cement is barely used to construct the walls. The walls are withering even as the construction work is still in progress.

Although the issue has been brought to the notice of the management, including Mr. Manoj Indoria, his sales team and the customer care, but nothing has been done so far.

After looking into the poor construction quality, it is evident that the builder has adopted a very careless attitude and is not mindful of the safety of the lives of hundreds of families who would reside in these flats in the near future. These families who entrusted the builder with their hard earned money for a quality housing have been betrayed and are fighting it out with the builder through various representations, but in vain.

Please see the attached video, where one of the buyers is scratching the plaster on the walls, in block A1 and B1, with a plastic object to check the quality. It is very shocking to see the plaster falling off leaving a wide gap behind.

As evident in the video, this project, Panchsheel Greens is a big let down for not only  genuine buyers but also investors.

Please take a cue from this feedback before you plan to book/buy a flat with Panchsheel Group.

Thanks.

PS: Video is also available on https://youtube.com/watch?v=zz2EXshqY-A
Nov 20, 2013 09:37 PM Read

I have unit with Panchsheel in crossing republic. Finally, I got the possession and now I am happy customer of Panchsheel. I recommend to everyone at least go through all the points in the sale deed document so that u don't have any confusion. I have purchased in lower price 2 and half year before now market price is very high so for investment purpose its very good project.

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Jun 16, 2013 02:29 PM Read

Owner of Panchsheel buildtech is Ashok chaudhary & Anuj Chaudhary both are cheaters and take 25000 rupees at time of registry and not pay you the penalty of late possession.

Also take penalty from you for late disbursement of loan and not consider the booking form copy at time possession & revise rate and said we will cancel the flat. there behavior ls like gundas. As you know Jaats.And staff is also bad .
Nov 11, 2012 12:02 AM Read

I am taking this time to put in a brief feedback about Panchsheel group so that other people arent fooled (like me) with the promoters tall claims. We have purchased a property in Wellinton and here are few points I would like to share

1- They changed the lay-out of the whole plan of property after selling first 2 phases of it.

2- They took more than 4yrs to get the property ready

3- Finally when property got ready, they mentioned that they wont pay us penalty for delays in property. We can do whatever we want to do. Their internal folks mentioned that they have some lawyers appointed to take care of these complaints.

4- After we have made all the remaining amount of property value, builder mentioned till we dont get it registered (through their lawyer) they wont hand-over the property to us.

5- They asked for 15000/- which we had to give to them to get it registered, they mentioned that they wont let the property registered if we go through some other lawyer.

6- We are being told that from next year they will start charging us 2100/- maintainance charges irrestpective of whole property is ready or not.

Please do not go for purchase with this builder, I am not asking you to blindly trust my comments. Please reach out to few people who have invested in Panchsheel and ask for feedback. You will come to know what are they and why I am asking to avoid them.

I didnt find any notes or feedback when I was purchasing the flat, but now I am putting this comment here so that others get benefit from mistake I did.
Aug 19, 2022 03:55 PM Read

Greens 1 is spread over 13 acres of land in Noida Extension. I have booked a 4 bhk(2392 sq. ft.) apartment here at 80 lacs.
Jul 13, 2022 03:30 PM Read

It is a beautiful designed project in Noida. I have booked 2 bhk flats here when this project has been delivered.
Jun 22, 2022 12:16 PM Read

I live here last 2 years and it is a low-rise residential society in Ghaziabad. Maintenance work is averge here.
Jun 02, 2022 05:08 PM Read

It is 1st project of Panchsheel in Ghaziabad, opposite Govindpuram anaaj mandi. It is a nice society to live.
May 19, 2022 05:27 PM Read

The location of panchsheel green 2 is better and this is a nice society with all necessary amenities.
Apr 06, 2022 05:59 PM Read

Panchsheel Group is a very reliable company, the behavior of their employees are good. I had a great experience to working with them.
Apr 06, 2022 05:16 PM Read

I have visited my cousin's house last month who is resident of Panchsheel Greens in Noida Extension. I am impressed that society.
Mar 22, 2022 11:44 AM Read

Timely delivered my apartment. The CRM team is great. Happy to be their customer. Value for money projects.
Mar 21, 2022 05:46 PM Read

Got my 1st flat with panchsheel group. On-time possession. Client relation team is very helpful and supportive

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