Unreliable builders, non delivery of product

₹2.25 Cr - ₹2.91 Cr
Possession on: Dec 2020
Status: Ready to Move
Vatika Sovereign Park - Sector 99 - Gurgaon Image
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Unreliable builders, non delivery of product
Aug 10, 2019 11:21 AM 12117 views

Customer Service:

Staff Courtesy:

Product Implementation Rate:

4 BHK bought in 2013 with expected completion in 2014


Ticket size approx 2.7 Cr, 35% already paid up as scheduled


Builder did not have the licences in place prior to selling


Customer team only interested in receiving payments, no other followups done


Product was overpromised and premium charged not worth it


Builders unwilling to honor the exit clause for Ernest money


Litigation in progress at National High Commission for past 3 years, builder never turns up, asks for hearing deferment which gets agreed to by the court multiple times!


Super late delivery > 5 years since expected completion, still no word on dates


Hugely disappointed and furious.


No resale market



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