Mohan
Q: I came to know this project in around 18th June by seeing their advertisement in the news paper. I was really liked their pent house and enquired about the rate they mentioned 60 lacs. But due to some other work I have to go out side of bangalore for a month. Then i went to their project site on 24th July. They mentioned that only 5 pent house are left and rate they quoted to be 70 lacs. They mentioned about that they will complete the project in 2 years and give penalty of 8%. Then I went to their office in domlur to negotiate. To my surprise they denied any penalty clause and completion of project in 2 years. Today my friend went there they mentioned that they have 2BHK, 2 ground floor 3 BHK & 2 corner pent house and increased their rates by further Rs 200-300/sq. ft. Over this he added 4.5 lacs for service & VAT. He still haven't mentioned registration & stamp duty which will cost another 5 lacs. I am highly confused & feel that this builder is total cheat. After rea

My replies to this discussion
I cancelled by booking as the builder was not willing to attach the floor paln with the agreement. He also mentioning the penalty clause on not completing project in 3.5 years.I cancelled by booking as the builder was not willing to attach the floor paln with the agreement. He also mentioning the penalty clause on not completing project in 3.5 years.
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