Nikhil
Q: Hi, I am looking to invest some money in property . Yesterday , I have visited Tirupati Balaji builders and Constructors's office . They showed me plan for Balaji Modern City . Its in Chiple , Bokharpada . 1) can anyone tell me about background of builder ? 2) Is there any future scope in this area ? 3) I saw some negative comments regarding builder . Are they true ? e.g . late delivery , delay in construction or fraud 4) I saw most of projects by Balaji builders are cidco approved , banks are also offering . Then whats problem here ? why such negative feedback are here ? 5) Is it worth to invest in new panvel ? Please Reply

My comments to replies
Hi all. I fell that this bulder if chor. I is neither refunding the money of the customers who booked flats 4 years back, nor making the flat. He always gives false promises. My friend Mr. Rao has booked the flat with him and paid around 9 lakhs. He always gave false promises that the work will start soon. After 5 years of waiting and hearing the same line "the work will start soon" he got frustrated with them and asked for refund. Teh builder gave multiples cheques of 20 thousands rupees. Surprising that these cheques also got bounced due to insufficient balance. We can say that it is a bhikhari builder. When he complained about the bouce of cheques to the builder then the builder replied is very ghatiya manner. He said " go and comlain the police about bounce cheque, I will see what is to be done". He paid the amount in 6-8 months and did not paid any interest of the booking amount which he used for 5 years. Others are Mr, Pramod, 3 Employees of jindal steel.
Same thing i am also experiencing about Balaji builders. I have booked flat in Balaji Residency and after almost 2 years, till work not started. I have made request of cancellation about 2 months back but still money is not refunded. No one is picking up the call or responding to SMS. I am now shifted to Poona and because of all this had to travel to Panvel every sunday only for follow up. But still not received anything on same. Could you please opine what to do?
29th December 2015

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!