Sowparnika Projects & Infrastructure - Bangalore Image

Beware - Do not ever invest with them

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Malé, Maldives India

Beware - Do not ever invest with them
Jan 14, 2016 12:36 PM 21392 views

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I had invested my hard earned money with them in August 2015 under an investment scheme. The sales people who dealt with me not even for once explained what will the process to be followed.


I was only told that I will have to invest with them and lieu of the money they will book a flat for me and in 30 months they will return me double the money.


I can within 18 months period inform them if I want the money doubled or whether I want to retain the flat. Once I had given them the money they then informed me that I have to take a loan on pre emi basis for which they will pay me the emi every six months.


I had to work with a finance company to get the loan approved. I accept that I only submitted all papers by October and the delay was from my end. However after october till date there has been no update even after multiple follow ups. Now they have finally agreed to return my money but only in March. So technically they have my money for eight months.  Not only is it a lot of stress I also lost probable interest on my money.



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