Any one booked flat in Prajay megapolis Phase 2?

Q: Please don't buy in Prajay, staff is very rude after you pay the money. We booked a flat in Prajay megapolis Phase 2 in feb 2013 now they sent a mail that they could not construct alternatively they told to select a flat in Phase1 with an extra payment of 9lacs for same size which is too much and staff is very reckless in answering to us. Please Please Please don't buy. - See more at: http://www.commonfloor.com/forum/5230782fa490b-can-prajay-charge-for-the-car-parking-seperately-?order=oldest#sthash.QBmPiVqY.dpuf

Lakshmi Rv, Apartment Resident

13th March 2014

Residential Project Review in Prajay Megapolis, Hafeezpet, Hyderabad

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Replies (12)

Hello everyone,

I stuck with the project(phase 2) till now. Now they have cancelled the project.

They are now offering a PDC of 9 months without any interest. That would be 3 years for 7.1 lakhs without interest.

Has anyone sued the developer?

Anish, Pune

28th April 2015

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yes , this is right that phase 2 is going to cancelled by the builder and they are not responding any thing regarding this matter. Only mail comes from builder either you can shift to phase 1 project with extra cost or builder is ready to refund the amount but no interest. I think we have to take legal decision in this matter.

Nagesh Tudur, Hyderabad

6th May 2015

Please donot move to phase one, they are no more flats left except the GHMC once for which we have to pay 80% now. Extras are applicable.

Please join:https://www.facebook.com/groups/1433309796918691/

lavanya bobba, Apartment Resident, Hyderabad

8th September 2014

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There is a facebook group created for Prajay Megaplois Phase two flat owners, please join the group and its a closed one. More options can be discussed there

https://www.facebook.com/groups/1433309796918691/

lavanya bobba, Apartment Resident, Hyderabad

8th September 2014

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Hi,
Prajay Megapolis is an ongoing project of Prajay Engineers Syndicate Ltd. It has 22 Towers in 10 Blocks and offers 2600 apartments. It offers 2,2.5,3 and 4 BHK residential apartments. The range starts from 2BHK – 930sft to 4BHK 2708sft. Located at Hi-Tech City in Hyderabad which is a very posh locality.

Vineet raj, Hyderabad

22nd July 2014

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@Vineet,
At Prajay Megapolis, you have the privilege of living in a neighbourhood that is a self-contained entity in itself. Huge open spaces, beautiful landscaping interspersed with flora, walkways, jogger’s path, children's play area and leisure decks bring nature right to your doorstep.

Manjunath Gupta, Hyderabad

22nd July 2014

Hi everybody,
How is the connectivity of the proejct to the other parts of the city? How far is the basic facility from proje ct site?

Raghavendra Hegde, Hyderabad

22nd July 2014

@Manjunath,
Prajay Megapolis Location Advantage are
Nearest Hospital is Vijay Aditya Ayurvedic Hospital
Railway Station is Hitech Cit
Educational Institute:Meridian School - Distance-1 km
Hospital Distance-0.18.km
Railway Distance-1.3.km
Airport Distance-9.2.km

Vineet raj, Hyderabad

22nd July 2014

Any one has any news or updates on construction? Did you guys receive the PDC's? I am a bit concerned about the outcome after ayyappa society demolitions that are happening. Thanks in advance.

Sampath, Hyderabad

1st July 2014

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hi All,
If Prajay thinks he is a Big Phython, He should remember that Even a Big Phython dies in case all the Ants attack unitedly! Guys, get United. Take Legal advice!! Is there nothing you can do really as per the agreement?? Are we all not educated? Why are the educated feeling Helpless!! Let us get together and file a case in Consumer Court...The Facebook idea is Great...Join hands and fight againt this InJustice.

Rajinikanth T,

24th May 2014

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they are very unscrupulous guys, they have never met their commitment and worst of it they have a very rude attitude. I am also stuck with phase2, they are asking to sign a new agreement, which they will draft in their favour, we should not agree to it. We need to stick to old agreement and give them some grace time, I also feel that some legal advice also needs to be taken as these guys seem to take us all for granted.

Pavani, Apartment Resident, Hyderabad

21st May 2014

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can you send me the link to the community in facebook.We have opted for cancelling the flat booking. We were told that our money will be returned through postdated cheques but till now they did not give us any check even after continuous visits to their office..Pls reply if this is the case with anyone or if atleast some part of the amount is returned?

Deepika Krishna,

17th May 2014

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https://www.facebook.com/groups/1433309796918691/
"Prajay Megapolis Phase-II" this is the group name. I know a guy who cancelled and got his postdated checks, he waited for 10 days i guess. How long its been?

Sampath, Hyderabad

18th May 2014

Did you receive your postdated checks?

Sampath, Hyderabad

22nd May 2014

Even I cancelled it 2 months back and still haven't received the PDCs.

Ravi, Hyderabad

22nd May 2014

I tried reaching the office in person weekly 3 times till now. every time they keep me waiting for an hour or so and they finally give some update saying elections and MD is out of station. Please suggest any solution, so that we could get the PDCs atleast.

Ravi, Hyderabad

22nd May 2014

same is the case with me, its been more than 1 and half month we completed the cancellation formalities and whenever we ask about the PDC's they say, we will get back to you in 203 days..its been an on going issue

A Shiva Prasad,

23rd May 2014

No..we have'nt receved any cheques till date. We are getting the exact answers as MD is out of station and elections etc...We are planning to take this forward legally

Deepika Krishna,

2nd June 2014

any further updates

lavanya bobba, Apartment Resident, Hyderabad

8th September 2014

Please don't buy in Prajay. I am also facing the same problem. These guys are really rude when it comes to any issues, they are not ready to give proper answers. Accept for 12 month postponement or go to hell, they do not care about the agreement. I do not think there is any thing useful for purchaser written in the agreement and even if we proceed legally, nothing can be done. They are talking like as per agreement no one can do anything even if they postpone it for few more years. If you read the agreement clearly there is nothing mentioned stating the purchaser can do something to seller even if they break the rules.

It is better to have a community for us instead of wandering around without knowing what other purchasers are doing. Please let me know if we have a group or else join the group "Prajay Megapolis Phase-II" in facebook in case if you want to share us something.

Sampath, Hyderabad

2nd May 2014

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i think mr. sampath is correct.....its better to have a community...

swathi, Hyderabad

9th May 2014

We are also facing he same problem. They are very rude and asked us to pay 500 per SFT extra even for mortgaged flat, saying 200 per SFT for Early delivery and 300 per SFT Premium charges. That too they are telling to shell out all money immediately.
This is 2nd time they are making change, earlier booking they cancelled stating land is lost in road widening process. Neither they are delivering early and nor they are giving any choice so its total cheating to ask any money extra.
There is option to cancel the flat but whatever is paid to government will be lost. I'm thinking to stick to the flat as even thought it gets late but at least we don't make loss.

Nitin Mahajan,

22nd April 2014

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No...in first phase there are only mortgage flat which we are not sure when the registration will done and flats on 19th floor which are very costly with floor rising and also we need to pay shifting charges, we are left with no option other than waiting.

Lakshmi Rv, Apartment Resident

26th March 2014

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lakshmi garu,

what is the dealy time frame he said,
r u ready to sign new agreement ..? bcz old agreement expires by next 1.5 years or so..
I am thinking of any legal options here, bcz he is not going along with the agreeement and even for the cancellation he is saying that it will take 9-12 months or so to get due amount. We have to loose 1lack or so for the service tax .

varala kanth, Apartment Resident

27th March 2014

Hi Varala Kanth, I don't think something benefit will happen to us even if we go for any legal options, we thought of keeping with the flat as we don't have other option. We can't trust with mortgage flat as it is illegal to buy them before construction is completed.

Lakshmi Rv, Apartment Resident

22nd April 2014

lakshmi,

r u moving to first phase..? even i am also strucked with this.

varala kanth, Apartment Resident

25th March 2014

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