Agreement copy not provided in advance,

₹1.65 Cr - ₹3.42 Cr
Possession on: Jun 2018
Status: Under Construction
26% 1.59 17 Reviews Claim this business
Agreement copy not provided in advance,
Feb 07, 2017 02:58 AM 40645 views (via Mobile)
(Updated Feb 07, 2017 06:58 PM)

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Lodha is not providing draft copy of agreement before signing. It is un lawful and unethical to force someone sign the agreement without giving chance to review. There is something suspicious about it. They say it can be viewed online. I tried that, but viewing on website is very slow. Takes several minutes to go to next page. My lawyer is not going to have that much time to view the agreement and confirm. Other option given by them is to take your lawyer to Their office to see the agreement. Neither myself nor my lawyer have that much time. Besides lawyer going to charge heavily. Some of the comments on Internet by customers say that the agreement is one sided and the land of the property is now owned by society. If it is true, then that would probably mean the society which will be formed will not have rights to use increased FSI in future. New customers should be careful and ask for agreement copy before making payments. I am into a fix. I have paid money and now getting to know all these.


I am a busy man. I will have to synchronise my Leave with lawyer's availibility to go to Lodha office. After verification, I will sign and register the agreement and only then the Home loan is disbursed. Meanwhile my payment date will pass by and I will have to pay heavy interest of 18% on account of delayed payment.


Lodha is hiding the agreement so that buyers may skip review and don't scrutinise before sign. It's malpractice



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