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Beware of buying flat from builders
Review On Puravankara Builders, Bangalore

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sanju_rk

Bangalore India

2 Reviews

Beware of buying flat from builders

Oct 08, 2007 10:29 PM 4610 views

(Updated Oct 24, 2007 06:16 PM)

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Staff Courtesy:

Product Implementation Rate:

I booked a flat in Purva Fountainsquare, supposed to be with European design and very luxurious. The project is delayed by compete 10 months and counting and as with others, just found out that I have to pay interest on late payment with rate as high as 24%/ annum. And as explained by somebody else on this site, the system is designed so that you will always receive demand note with just a day or two to spare and if you have to pay through bank loan then you can very well forget that you will be able to pay on date as required because bank will take anywhere between 1 week to 2 weeks of working days to process. And thus in bargain you also lose a chance to get any penalty from Purva if the project is delayed.

I understand that this is true for every builder - small or reputed like Purva.

Please rate this review usefulnessRating Breakup

Very Useful (39%)

Useful (61%)

Not Useful (0%)

Brand Response

Dear Customer,
Greetings from Puravankara!
This mail is to keep you informed that we have read the review you have posted in www.mouthshut.com about your experience with us.

We sincerely regret the inconvenience caused to you.
We at Puravankara would like to address your concerns as soon as possible and hence request you to kindly share your contact details along with Project name & apartment number with us.
Looking forward to hear from you soon.
Warm regards
Team Puravankara