UNABLE TO SELL MY FLAT - AS LODHA CHARGED ME MORE

₹1.65 Cr - ₹3.42 Cr
Possession on: Jun 2018
Status: Ready to Move
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UNABLE TO SELL MY FLAT - AS LODHA CHARGED ME MORE
Issue Resolved
Dec 09, 2021 12:48 AM 7017 views

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Lodha overcharged me 67lakhs for the flat. Once I connected with the owners after possession, I realized that others had purchased the flat of the same configuration in the same tower, same facing for 50 to 67 lakhs less. LODHA FLEECES NRIs - false hopes of rental - rental yield is 1.2 to 1.7% - you are better off with money in the bank in FDs. Tenants are smart as they get to live in the place for dirt cheap. I have been trying to sell my flat which is outside facing for months now, in vain. The local agents gang up and push only the builders unsold inventory - as they sell flats for builders like Lodha, Ajmera, Oberoi, etc and there are TONS of unsold inventory all over India - not just in Mumbai. Builders slash rates for anyone wanting to buy, so NRIS - the price you see online is the price they want NRIs to pay, not the ones they sold for - as the flats sell for upto 70% off this price! SO CAUTION - DO NOT BUY FLATS AS YOU WILL BE STUCK WITH IT. UNABLE TO SELL.



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Brand Response

Greetings from Lodha!
We are sorry to hear about your experience and regret the inconvenience caused to you. Lodha is now associated with Mouthshut.com to offer you a solution. We request you to kindly share your registered contact number & flat details on Mouthshut personal message so that we can check and resolve the issue on priority basis.

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By: Lodha_Group | Jan 11, 2022  06:28 PM Comments 0

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