kiran, Hyderabad
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?

My replies to this discussion
Hello friends, I booked a flat in tower no.11 in megaplis in last month. Even though they r saying they will give it by 2014 ending I am prepared for that they will handover the flat in 2015 ending or 2016 middle. y i came to this conclussion is, no gated project builder has hadedover it, within the mentioned time. it takes one year to built single house for us. Even small builders r also taking minimum 2 years. they r constructin 3000 flast. diffenetly it will take 3,4 years. lanco people booked flats in 2007/8 they didn't get till now. If we see mega builders like aparna(near botanical garder and orhter projects), my home (for jewel)also taken 3,4 years for their project. If we want ready flats we should go to them half project completed stage. then rates will high. They will sell it atleast 3500 to 4000 SFT. I saw so many ventures like rainbow vistas, emami, aparna, smr, my home, aditya, lodha etc, they r chargeing minimum 3500 to 5500. Hello friends, I booked a flat in tower no.11 in megaplis in last month. Even though they r saying they will give it by 2014 ending I am prepared for that they will handover the flat in 2015 ending or 2016 middle. y i came to this conclussion is, no gated project builder has hadedover it, within the mentioned time. it takes one year to built single house for us. Even small builders r also taking minimum 2 years. they r constructin 3000 flast. diffenetly it will take 3,4 years. lanco people booked flats in 2007/8 they didn't get till now. If we see mega builders like aparna(near botanical garder and orhter projects), my home (for jewel)also taken 3,4 years for their project. If we want ready flats we should go to them half project completed stage. then rates will high. They will sell it atleast 3500 to 4000 SFT. I saw so many ventures like rainbow vistas, emami, aparna, smr, my home, aditya, lodha etc, they r chargeing minimum 3500 to 5500.
other eminities will go 4 to 8/9 lacks. (may be some of these r luxari) But most of them r asking at pits stage 3500 sft. here these prople r charging 2750. this is lowest price by any gated builder in hyd. by the handing over time (as per my guss) it will reach 4000 to 4500 minimum. We hope the best. If we want ready made Flat better to go smr vinay, lodha(as per my knowledge, 1 to 2 years takes them to handowver). Location wise also prajay is good. because 0.5 Km to Hitech railway station. everybody knows metro project work is going on in hyd. one line which goes from LB Nagar to miyapur has station in JNTU. it is just 2 Km to this site. and another line which goes from Nagole to shilparamam is just 1.2 Km to this site. just 1Km to syber tower building, 5 Km to gachibowli. we should keep it in mind this also. I agree their attitude is rash, we r not their subordinates, we can also be rash with them. other eminities will go 4 to 8/9 lacks. (may be some of these r luxari) But most of them r asking at pits stage 3500 sft. here these prople r charging 2750. this is lowest price by any gated builder in hyd. by the handing over time (as per my guss) it will reach 4000 to 4500 minimum. We hope the best. If we want ready made Flat better to go smr vinay, lodha(as per my knowledge, 1 to 2 years takes them to handowver). Location wise also prajay is good. because 0.5 Km to Hitech railway station. everybody knows metro project work is going on in hyd. one line which goes from LB Nagar to miyapur has station in JNTU. it is just 2 Km to this site. and another line which goes from Nagole to shilparamam is just 1.2 Km to this site. just 1Km to syber tower building, 5 Km to gachibowli. we should keep it in mind this also. I agree their attitude is rash, we r not their subordinates, we can also be rash with them.
locality wise site is ok, but we have to be worried about the completion and quality of the project. I booked flat but by reading all these reviews , i am worrying....locality wise site is ok, but we have to be worried about the completion and quality of the project. I booked flat but by reading all these reviews , i am worrying....
My comments to replies
Here is my full story (I was the one who initiated this item). I paid advance of 1 lakh in 2011 April and followed up with PRajay team literally like begging for the sale deed. They say that I need to pay 20% amount (10 lakhs) to get the sale deed done. I said I want to see teh softcopy of the sale deed before paying the 20%. Then they sent sale deed soft copy but everything is in their favor. If anyone wants to see that I have a copy I can send them. THen I told some changes and they never cared for those changes. After several follow ups I decided to cancel the booking in November 2011. THey I met the id**t (sorry for this word but he deserves it) Sumit Sen and he talked very rude. Finally I gave cancellation copy and they said they will discuss with management and update me on the refund. After again several follow ups I got 2 post dated cheques. One is for Feb 2012 and one is for April 2012. The ultimate thing is they deducted 25000 from my initial advance amount 1 lakh.
vijay can u pls send that agrement of sale copy to me. this is my id keeran_g@yahoo.com
22nd September 2012

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