The first impression is always the worst impression. Never ever make a buying decision based on the first impression of visiting the flat, the marketing team is friendly, you will love the model flat they will show you and you will be bowled over with the view, floor space, and the overall experience.
The real story starts when you dig deep and understand the cruel mindset of the builder.
Project-related issues:1. The project was supposed to be completed within 2019, however, the builder has not intimated the RERA and filed for an extension. This is to avoid mandatory paying interest to the customers who have booked. However, he has illegally threatened and levied exorbitant interest on customers. He has illegally obtained OC in 2021 though 40% of the project is yet to be completed, there is no CC tv camera, no amenities, CHANGES HAS BEEN MADE IN AMENITIES too, skywalk, jacuzzi has been removed to reduce his cost, substandard materials as used during closure to avoid the higher cost.
2. There are a few RERA complaints, check-in on the RERA website and talk to current customers to understand the issues in detail. A lot of current customers arent lodging RERA compliant as they are already humiliated by the builder. The raising of issue only burdens the current loss they already have by their long investment in this project. The builder is bound to give interest to all customers for his delay in the handover of the project, however, he is not going to discharge it legally now unless RERA compliant is raised by people who booked flats. A lot of people have already started raising compliant against builders on the Karnataka RERA website. List of complaints can be viewed from this link https://rera.karnataka.gov.in/promoterComplaintReport
3.The project has received OC. Tower -B is yet to be completed, most of the amenities are not even started, and you see a lot of construction material and workers on site.
4. Post booking, the builder will charge you illegal money to recover his loss of not completing the project within agreed timelines, he will demand illegal money for various govt registrations too. So the pricing in the sale agreement is just a piece of paper, you can probably throw that in the dustbin once you sign it.
5. The entire staff of the builder is useless and doesn't have any prior experience in real estate and construction, they do not respond post-registration. They treat you a HOUSE MAID and feel as if they are doing favors if they receive calls.
6. The builder will not acknowledge the issues, and will not come forward if there are any issues in the flat you have booked. There are seepage issues that the builder fails to accept., you may have to change things in your flat as a lot of items as substandard lower grades products.
7. The exterior painting looks pathetic, as the project is now delayed forever. The builder may not improve it
8. Most of the customers who have booked flats don't want to post any negative issues nor point out their struggle as it only brings the value of the property down resulting in lesser rentals and property value. The market value of these substandard flats is much much lower than a relatively smaller project executed by a normal builder who puts effort to complete the project.
9. On booking of flats, the inexperienced staff, marketing team, and builder consider you as a burden and ignore you completely. you wouldn't be surprised if the builder yells at you, threatens you and locks you up in his cabin, and tells if you want to go ahead give a complaint, NO ONE WILL TOUCH ME ATTITUDE.
- The new customers who have booked flats and moved here have simply paid maintenance without any amenities /car parking in place.
Buying a house is the most important decision. Always choose a trustworthy brand, not a small-time road contractor who becomes a builder.
- Thank You! We appreciate your effort.
