Customers left dry by Lodha Builders over the Lodha Excellencia Project, Thane

Q: Lodha has decided to suspend construction of Lodha Excellencia, Thane and are smartly calling individual buyers to their office and offering them 12% simple interest p.a. on the monies paid or offering some discount on their new projects elsewhere.They have cheated people of their hard-earned money and offering peanuts now. Can someone take legal action against such errant reputed builders???

Maneesh Ghorpade, Apartment Resident

14th November 2011

Residential Project Review in Thane

lodha excellencia

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Replies (4)

Hi, I booked my flat on Sept' 2009 at Runwal Garden City-Phase 2. Building name Jasmine, Balkum, Thane and the possession date in agreement is Dec 2011, but still no possession is given. Please look into the issue. Regards, Vishal

Vishal, Apartment Resident, Thane

25th April 2012

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True Guys..Event I too faced this issue..I got a call recently and they also offered the same 12% simple interest p.a. on the monies paid or offering some discount on their new projects elsewhere. I am not sure if this is a fair deal but cant think of any other options.
I am ready for the next steps together if we can take. I am not sure whether any legal action will do any miracles or make us wait for another few years.
My email address is mailsureshn@gmail.com

Suresh Nair,

14th November 2011

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yes lets be a team and then look at a solution as what we r being offered is dream shattering -lets do something as i am sure the project has got delayed and not scrapped as why else in the cancellation deed which they want us to sign mention as if we want to sell the flat and its not they who r seeking cancellation

nfj2000,

5th January 2012

my email id is nfj2000@hotmail.com ,lets unite n b in touch and decide as its not fair

nfj2000,

5th January 2012

YES i am a registered with the flat, wonder how come stamp duty / registration is done of a project still awaiting legal clearance, i feel like to be cheated & lodha's has already ruined up my 1 & 1/2yrs.. still no awaiting the issue to be sorted out.

please please keep me updating at dpanchal99@gmail.com

deepak, Apartment Resident

14th November 2011

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Hi Maneesh, is it true regarding the suspended construction by Lodha Excellencia? I was planning to buy a property here and thought t would be a good deal. Please somebody update the status on the same. Thank you.

Suresh Khanna, Mumbai

14th November 2011

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