Unitech Sold me Nightmare Instead of an Apartment
Sep 18, 2014 09:42 PM
22194 views
(Updated Sep 18, 2014 11:16 PM)
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I thought I bought an apartment from Unitech but I was wrong. I was sold a nightmare. This is a biggest mistake of my life that I trusted a well known brand in real estate in India.
These people are supposed to be the role model for the rest of the real sector players. Instead, they have become cheater & defaulter and willfully delaying projects after taking 95% of payments from buyers. I request to Govt. of India to save its citizen from this company. We(i.e. thousands of current buyers) are stuck with them now and there is no exit route for us.
They are neither giving possession on time nor refunding money for not giving possession on time to us. In my case, I booked an apartment in Unitech Residences, Noida where no construction is going on right now. The initial launch of this project includes 8 towers of 14 floors.
Only foundation work has been done for my tower till date and the possession is supposed to handed over to me in July 2015. In no circumstances, Unitech will be able to complete this project on time. It might take another 4 years. The worst thing is that I have paid 95% payment under subvention plan in 2012 and my EMI started from Feb 2014. This is imposing real financial burden on me.
I requested them to refund my money as they won't be able to offer possession on time and delay might extend for another 4 years plus but they have refused to do so. I am really depressed and It has become nightmare for me. I am having sleepless nights. God must punish them.Suggestion for new buyers, don't even think of investing with Unitech.
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