Unreliable builders, non delivery of product
Aug 10, 2019 11:21 AM
12125 views
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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