They didn't stand on the words, project delayed

Review On Prajay Engineers Syndicate, Hyderabad

I have booked a flat in T15 in 2012. They promised to complete the project by Sep 2014. As of today i.e on July 2016, there are no signs of completion.

In the contract they mentioned to pay the penalty every month for the delay. But when I approached them on the same, they are saying that they will adjust during handover. They give all stupid reasons for the project delay like the real estate market is bad and the flats are not selling. If they are not able to sell their flats why are they starting other phases next to Prajay Megapolis? They are just playing with customers like me which will hurt them in the long run.

My money is stuck up here and I'm repenting for my investment. I'm very sad to see builders like Prajay in Hyderabad

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