Biggest Cheat of Real Estate
Sep 11, 2014 09:14 PM
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Unitech is the market leader in cheating amongst the Real estate developers. Their primary business model is the suck out money from middle class and invest them in bigger projects. They suck out money from middle class through blatant lies of developing residential projects and never deliver them.
Nincomcoups whatever you call the Chandras, will be less for them. With a promise of getting posession by August 2011, I booked a flat in Sector 117, unihomes phase 1, noida. Its 3 years hence, there are no labours at the site. They do not have any intension of delivering the flats.
They give lame excuses like, they have fund problem, but they have 500 crores to invest in other real estate projects, but not complete their existing projects. All of their commercial projects are done within an year, but residential projects will never complete.
We middle class buyers are playing huge EMIs/Rents without any income tax rebate, because we do not have posession.
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