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Real Estate Forum on Builder Review for Prajay Megapolis in Hafeezpet, Hyderabad

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Prajay Megapolis in Hafeezpet, Hyderabad

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Q: Hi, I am facing problem with PRajay Mega Polis venture in Hyderabad. When I paid advance of 1 Lakh in April 2011, they told that my tower #8 will start in June and will complete by 2.5 years. They did not give me any agreement till date despite of various reminders from me. Finally when I approached the ED Sumith Sen he told that tower #8 will not start until next 6 to 8 months and the completion will be in next 3 to 4 years. When I asked for my money refund he said the company will deduct 40 to 50 thousand. This is really unfair and I want to proceed legally on this. I also have captured the video clips of my discussion with them. If any others who suffer with the same issue can you pls email me to vkbandaru@yahoo.com email ID?
Latest Answer: yes i have bought in phase2 in 2012, please go ahead and talk to them , but dont agree if they suggest to remove the rental agreement clause, because they want to divide people , scare them and make them either withdraw from project or shift to phase1, we need to form a community or group because if we go alone they are intimidating us
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