Tier 3 builder posing as a Tier 1 builder
Review On Assetz, Bangalore

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Tier 3 builder posing as a Tier 1 builder
Mar 24, 2018 04:13 PM 15032 views
(Updated Mar 24, 2018 04:12 PM)

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Assetz group is perhaps the most over hyped builder in Bangalore they use a foreign face and brand to market and lure Indians but their product is worse than a Tier 3 builder; their first ever project Assetz East Point is a classic example of incompetence and bait a switch tactics. Firstly it is now more than 2 years late with no sign of amenities completing but even basic due diligence was not done out of 450 flats each one of them has issues like hollow tiles, missing pipes that lead to water seeping into walls, poor electrical wiring in fact the promised backup does not even power basic appliances . The outdoor amenities are in poor shape within 2 months of their opening and if you look at the exterior it clearly shows signs of not even being painted with bare minimum number of coats . The project opposite to this from another Tier 1 builder is a classic example of difference between Tier 1 builders and those who masquerade as one. Assetz in my personal experience tricks people by advertising a low PSFT rate but they squeeze the money out of buyer by inflating the miscellaneous charges like clubhouse, DG backup, BWSSEB and BESCOM which by the way will only come after a year of possession so investors or buyers will never get true value for their investment . If anyone wants to verify or validate the veracity of facts mentioned in this review they can take a tour of the complex and take a stock of the situation on ground zero and compare the same with two Tier 1 projects on either side of this complex . If all this was not enough for an owner to lose his/her cool the builder has also given away some project land for a road without owners' consent and asks for money/bribe for every single piece of remaining work that should have been done as it was paid for in full.



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