May 19, 2015 09:52 PM
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I had booked a flat at Symphony Plaza Project at Pashan with Kumar Builder in the month of May 2013.I booked flat at prelaunch because the price rate are usually less in prelaunch and it is costly flat because of the Prime Location. I was very happy after giving them 20% booking amount of Rs. 7 lac approx . and I got booking documents.
But I am feeling very bad that still they have not started this project. After every 3-4 months, I am making call to them(as I lives in Delhi because of Job) to know the status. But everytime I got the answer that this project will start in 2-3 months. I can’t cancel this booking because I will make a big loss out of it. And neither they are returning my money with considerable interest.
Anybody who has booked flat here, please contact me, so that we can form a group and can do something good against this.
Requesting you please don’t book flat with Kumar Builder.
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May 14, 2015 01:10 PM
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Booked flat in DEC 2011 and supposed to get possession in Dec 2013. Almost 2 years delay still no sign of possession.
Very poor customer service.They giving giving new dates every time. No shame at all. 95% payment done in mid 2013. No signs of approach road and other any infrastructure development. They have even issued completion certificate without actual completion to take remaining 5%.
Costumer service are rude.
May 08, 2015 09:34 PM
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Kumar builders, Lalit and Kruti Jain are the biggest thugs in the business. Land acquisition by illegal means. Each and every project financially mismanaged. BEWARE guys ALL their land is up for sale! They have no money. Their own house is up for sale.
Their daily home expenses run on salaries of their employees which they have not paid. They have not been paying their employees salaries since 1year now. Most disgusted experience I have had with them! Never saw someone with such LOW ETHICS in life! Do not enter into any transaction as customer or vendor or employee!
Apr 02, 2015 08:20 PM
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I and many other customers booked flats in KUL ECOLOCH Phase 1 in May-Dec 2011.
My registration was done on Feb 2012 and till now(Apr 2015), we haven't got possession of our flats.
They have completed buildings and flats in order to receive 95% payment in Dec 2013 but they haven't done outside building amenities like road, lights, water, garden, club house till now(Apr 2015). So, obviously we cannot get possession.
Since from Dec 2013, builder is pushing dates of possession and halts progress of development. I am not sure may be he wanted to eat our money for interest and use in another business.
Builder has promised possession of phase 1 on dec 2013 at the time of booking and because of this and Kumar builder's name, I have booked flat there and made biggest mistake of my life.
Its been now 4 years I am chasing them for possession but they are still not giving it.
Now, I have to pay EMI+ House rent together and its overhead.
Also, wash basin and window quality is ridiculous. Wash basin is small and square shaped same like in lodges.
Compare to this builder, there are lot many other good builders in pune. Even, small builders are good than this builder.
I recommend not to buy flats here. If you are thinking for investment and ready to wait 4 years then buy here.
Apr 01, 2015 03:13 PM
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Had very bad experience with KUL when I booked KUL ecoloch. So I will recommend never go with this builder.
False commitments: they committed the possession date of Dec 13. I understand some delay can occur but their sales/PR team never provided concrete dates. everytime, they keep on saying "you will get possession in 3 months"
When asked to give dates in written, they reply "as per agreement". While booking they provide a letter(having no legal importance) with possession date but in the agreement they have wording like in 3/5 years from the date of registration of agreement. If you say no, they say to take back money. When you ask money back, they say "some other person has to book your apartment, only then you will get the money back".
Bridge is no-where: they promised a bridge but there is no sign of it.
In above I haven't mentioned anything about the quality of stuff being used. the stuff is different from that of sample flat.
Take wise decision before booking with them.
Mar 09, 2015 02:21 PM
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I have booked a 2 BHK flat in June 2011 and till date I am waiting for the possession.
Builder has always given false promises to their "Valuable" customer and cheated them time to time.
Customers used to laugh when they read "We Build Trust", Builder exactly behaving opposite with this line.
I will strongly not recommend this project to any new buyer.Don't waste your valuable time and money for this Bullshi* project.
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Jan 22, 2015 12:28 AM
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I have booked flat at Kul Ecoloch phase 1, Mahalunge, Pune in Apr 2012 with commitment of possession in Dec 2013, but till date we haven't got possession.I do follow ups with builder monthly/ by weekly, but every time when I ask for possession date, we used to get new passion date.
I think we all have to take legal action on our financial losses.
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Jan 15, 2015 02:17 PM
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I have booked flat at Kul Ecoloch phase 1, Mahalunge, Pune in June 2012 with commitment of possession in Dec 2013, but till date we haven't got possession. All buyers like me taking follow ups with builder monthly/ by weekly, but every time when we ask for possession date, we used to get new passion date with possession postponed by 2 months.
For most of the buyers, 95% amount has been already paid to the builder. I have received last demand letter in March 2014, but till this date I have not received final demand letter for possession. Even with regular follow ups, builder is not providing concrete completion date for this project. The money that we have paid, builder is using this amount to initiate and complete other prospective projects. It has been more than 1 year now where we are still waiting for possession. Even builder is not ready to provide commitment in written, and also builder is saying possession will be given without occupancy certificate and completion letter.
This is really frustrating due to false commitments, which is resulting in huge financial losses.
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Jan 12, 2015 05:06 PM
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Worst experience ever!
Booked a flat back in April 2011(pre-launch) with an assurance that the possession will be given in Dec 2013 but as on today Jan12th 2015 all the buyers like me are under a serious worry as to when will we get our possession!
95% payment has been done by all the buyers still they say that there are funding issues!
No concrete completion date from builder yet about building the bridge that they promised, connecting KUL township and back of hinjewadi ph-1, also the approach road is in the same condition as it was 4 yrs back(they promised that it will be 80 feet that they will build)!
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Jan 03, 2015 04:37 PM
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I bought a flat in Kul Ecoloch(phase 1), Balewadi(Kumar Builders) in Feb-Mar 2013. My requirement was to get a ready to move flat, therefore I chose this project where possession was committed in December 2013. Though it cost me almost Rs. 300/sq.ft. higher than current price but I was convinced due to early possession assurance.
It's been one year over than committed possession date and still I've not received any update on my flat's possession date from builder's side. I've contacted them several times and each time approximate possession date gets increased. As per the latest conversation with them, possession date would be end of March 2015. It seems, I'll not be able to shift into my flat up to next six months.
Also, I've seen my under construction flat and it's of average quality. Basic provisions e.g. split AC, washing machine etc. have not been provided for 1 BHK flats.
With my experience, I would suggest everyone to prefer other properties over this property as there is no assurance about the possession date.
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Dec 28, 2014 06:05 PM
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The entire experience of buying a property from Kumar Properties(Kumar Properties and Kumar Builders are different groups now owned by brothers) was third class. The only first class thing was the price that the builder charged.
There is a Marketing in charge(lady) who is extremely rude and behaves as if Kumar is doing us a favour by selling us the property.
Even after a year from possession, the building is not complete - not painted internally, entrance doors on each floor incomplete, maintenance is not up to the mark even though maintenance charges are collected in advance, lower basement parking not fully done.
The entire complex is still being built - In fact for 2 more buildings construction has stopped for some unknown reasons.
The entire project is in a mess and seems to be perennially under construction thanks to the builder. And this builder has sold this complex as a super-luxury project.
Lot of tall promises done in the brochure. Many of them not met. Amenities provided are of sub-standard quality. Imagine around 224 flats enjoying a single slide, 2 swings and 1 more contraption in the play area.
Swimming pool is more like a puddle!
DO NOT GO FOR THIS BUILDER. YOU WILL END UP PAYING MORE MONEY FOR EXTREMELY BAD QUALITY AND UNKEMPT PROMISES.
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Feb 05, 2014 06:51 PM
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I had supplied cement to Kumar builders on payment terms of 1 month and received the payment after almost 1 and half year. They disrespected us at their office when we asked for payments. I thought they are one of the reputed builders builders but I was wrong.
I feel they are the worst in making payments and they should pay compensation for late payments as Kumar builders also charge their customers if they pay late.
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Jan 03, 2014 04:49 PM
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Before buying, I had a very good view regarding Kumar Properties like they are one of the best builder in Pune. but when it comes to giving the result it seems it is the worst builder like others. I booked my flat in Dec, 2010 with the promise made to me for possession as Dec, 2012. now even Dec, 2013 has crossed and still they are changing their dates. they are neither ready to give any compensation nor ready to give the possession.
Bullying nature. After Dec, 2012, they have promised more than 10 other dates. like March, 2013, Jun, September, Oct, 1st week of Nov, mid Nov, early Dec, Mid Dec, 1st week of January, 2014 and today they told again a new date, i.e. 15 January, 2014.
I don't know what to do in this condition. Please save me God. :(
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Aug 19, 2013 05:11 PM
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Only good thing about Kumar builder a.k.a Kul Nation is there advertisements. The construction is sub-standard. Area wise the house constructed are big (so that per sq feet paid amount shoots up) but the quality of paint, bathroom fitting, light fitting, amenities, maintenance, etc sucks big time.
Water supply is not proper at all. Do not waste your time or money investing with this Builder- you are only inviting trouble. The plight of residents in their on-going projects is pathetic.
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Jun 15, 2013 08:01 PM
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I had a very bad experience with this sales executive at site. I though of booking a flat in phase 2 as it was within my budget.
In Phase 2 they have opened two buildings till 16 floor. B and E. Last week when I visited the site first time, sales person said that thr are 40% booking done in B and E is booked with 20 to 30 %. With all investigation last week I went with my plan to book the flat and what I heard is thr is only few flats available in B that too on 16th floor. And E has also very less options. When I saw the booking sheet, all the good location flats are reserved by builder. I heard 200 flats are booked by one individual Rohit K and many others are blocked with YUVIKA.
I really shocked that how someone can book 200 flats at a time that too on personal name. Then I looked at 1 BHK availability and it's the same case.
This looks bogus. Another thing I observed is they have 33% loading to calculate the super build up. I don't see any other build has that high margin.
Not sure how's the others experience when they booked the flat.With this experience I don't think anyone should even visit this project and waste the time.
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May 09, 2013 09:27 AM
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A serious issue about the project and a legal case being filed. Lalit Kumar Jain booked for cheating, breach of trust and forgery by Kothrud police Pune in project KUL 45 Nirvana Hills.
The Kothrud police booked Lalit Kumar Jain and other directors of Kumar Sinew Ltd, on Saturday evening, for cheating, breach of trust and forgery with relation to a piece of land measuring 79 hectares and 30 gunthas on Survey No 44 in Erandwane — the site for the company’s luxury housing project 45 Nirvana Hills — after being directed to do so by the judicial magistrate’s court.
The land in question was originally owned by a 350-year-old trust that governs the affairs of the Thorla Shaikh Sallah Dargah. On March 25, the court had directed that a criminal complaint be lodged against the accused after the managing trustee Kazi Sayed Ziauddin Nizamuddin (61), a resident of Syanagogue Street in Camp, filed a complaint against Kumar and others with Kothrud Police Station.
As per the FIR, the police have booked Lalit Kumar Jain, Aruna Ashok Bhat, partner at A V Bhat & Company, the company itself, Shailesh Ghisulal Hingad and Krishnan Laxminarayan of Kumar Sinew Ltd. However, none of the accused have been detained by the police yet.
They been charged under Sections 199, 200, 406, 417, 420, 471 and 474 read with Section 120 (B) of the Indian Penal Code (IPC). It is alleged that the accused hatched a conspiracy to grab the land on the basis of forged documents and transfer the ownership of the property.
In 1982, the said piece of the land was leased out to A V Bhat & Company for 50 years. However, in 2005 A V Bhat & Company along with Megapolis Developers were acquired under Kumar Sinew Ltd. It is alleged that after this, the accused first mortgaged the land to various companies and then started developing the land without permission from the trust and charity commissioner.
Nizamuddin, who is the complainant in this case, also alleged that the accused kept the trust in the dark and claimed the Transfer of Development Rights (TDR) and Floor Space Index (FSI). “Jain and the others deliberately allowed slums to develop there to benefit from slums rehabilitation scheme.
They tried to cheat the government too, ” he said. Police Inspector (Crime) S B Navale of the Kothrud Police Station, said, “As the case has came to the police from the court, we will conduct an inquiry into the matter and then submit a report to court within the given deadline of May 24, 2013.”
“The accused will be summoned within a couple of days for an inquiry. We will verify the evidence they claimed they have. There is no need to make immediate arrests. We will hear both parties before we come to any conclusion, ” Navale said. Trust's Claim
? In 1982, Ashok Bhat, a partner of A V Bhat & Company signed a lease for the said land Bhat was to pay the trust Rs two lakh per year, but violated the agreement and made an agreement with Megapolis Developers Pvt Ltd
? A case was registered against the company, but the matter was settled when Bhat said he would make a payment of Rs 4 cr and seek permission from the charity commission
? Neither was done. Bhat’s company and Megapolis Developers were acquired by Lalit Kumar Jain and renamed Kumar Sinew Ltd
? Kumar additionally took a loan of Rs 2, 115 cr on the land is developing the land illegally
? The trust had asked that the lease be annulled and the land falling under Survey No 44 be returned to their possession
For more details do visit - https://kul45nirvana.com/ and https://punemirror.in/article/2/2013041520130415085951718eb73e31b/More-trouble-over-Dargah-land.html
Apr 15, 2013 03:20 PM
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The Kothrud police booked Lalit Kumar Jain and other directors of Kumar Sinew Ltd, on Saturday evening, for cheating, breach of trust and forgery with relation to a piece of land measuring 79 hectares and 30 gunthas on Survey No 44 in Erandwane — the site for the company’s luxury housing project 45 Nirvana Hills — after being directed to do so by the judicial magistrate’s court.
As per the FIR, the police have booked Lalit Kumar Jain, Aruna Ashok Bhat, partner at A V Bhat & Company, the company itself, Shailesh Ghisulal Hingad and Krishnan Laxminarayan of Kumar Sinew Ltd. However, none of the accused have been detained by the police yet. They been charged under Sections 199, 200, 406, 417, 420, 471 and 474 read with Section 120 (B) of the Indian Penal Code (IPC). It is alleged that the accused hatched a conspiracy to grab the land on the basis of forged documents and transfer the ownership of the property.
In 1982, the said piece of the land was leased out to A V Bhat & Company for 50 years. However, in 2005 A V Bhat & Company along with Megapolis Developers were acquired under Kumar Sinew Ltd. It is alleged that after this, the accused first mortgaged the land to various companies and then started developing the land without permission from the trust and charity commissioner.
Nizamuddin, who is the complainant in this case, also alleged that the accused kept the trust in the dark and claimed the Transfer of Development Rights (TDR) and Floor Space Index (FSI). “Jain and the others deliberately allowed slums to develop there to benefit from slums rehabilitation scheme.
More trouble over Dargah land.
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Apr 06, 2013 05:26 PM
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This people are good trusted people..If you are planning on buying a house then you can opt for these builders with your eyes closed.
They have built some of the best buildings and are known to provide some of the best facilities.
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Apr 20, 2011 02:51 PM
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To my bad fortune I recently booked a Flat in an upcoming Kumar builder property named ECOLOCH in Pune.
There was huge rush in the on site office and people were coming and going every few mins...being tempted by the pregnant demand, I booked a flat on the site to avoid later unavailabilty.
I went to the KUL office the next day to get details of the project:
Q1: When will the project get completed ?
A1: We do not have a specific date ..it will get completed after 3 years of agreement :: but everyone will do agreements on different date ..so there is no date...
(Personal analysis:: The booked apartment would take abt 4 yrs to 6 yrs complete, as excavation has not started and it is just a plain ground)
Q2: Why are you not providing covered parking ?? and selling open parking at 1.5 Lacs ??
A2: We do not have covered parking, there is no avalability..
(Personal analysis:: Reffering to their master plan, It seems that they have covered parking but they are not ready to release them..not sure why..u may speculate..)
There were many other significant points which were visible on primary investigation which forced me to cancel the bookings...I am safe now...God helped me at the right time..
Thanks,
Anonymous
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Jan 16, 2011 10:00 PM
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Never ever buy your property from Kumar builder. His company has no value for customers after purchase. His company do not take care for our property once all our money goes in their hand.
Finest example is in our society. Kumar builder is providing 5 old people (age 60 above, most of them are alcohol addicted, one is deaf) as security guards to secure around 325 flats. And every day something is stolen by thief with great confidence.
List of stolen things from premises, car logos 12 to 15 cars, bicycles, fire equipment, petrol from two wheelers and many more.
And many things in premises are broken purposefully and they are not repaired till date. Even outside wall painting is done with poor quality (Many walls are without paint)!
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