Anupam Varma
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Any issue with I Tower of Cloud9, Indrapuram?
Q: I visited the site in March'12 and then in June'12. I can hardly see any progress in the I tower. Can anyone tell me if there is any legal issue with I-Tower of Cloud9 Indrapuram? I would also like to know if there is any online group of people who have invested in I-tower so that I can stay connected to this group for questions and updates.

My replies to this discussion
Dear Nitin, it's a trap. Don't fall for it. These people have got their approvals after a lot of delay and construction is going to begin soon. Now they want to return our money so that they can sell the houses again at revised market rates and make money out of it. I bought a 2BHK flat at Rs 30.75 lakh. Now, the same flat costs over Rs 50 lakh. The builder wants to cheat us.Dear Nitin, it's a trap. Don't fall for it. These people have got their approvals after a lot of delay and construction is going to begin soon. Now they want to return our money so that they can sell the houses again at revised market rates and make money out of it. I bought a 2BHK flat at Rs 30.75 lakh. Now, the same flat costs over Rs 50 lakh. The builder wants to cheat us.
I am planning to go to a consumer forum with this complaint. I want all my friends here who have bought a house in the I tower to join hands. My email address is varmaanupam85@gmail.com. Please drop me a mail so that we can take joint action against the builder.I am planning to go to a consumer forum with this complaint. I want all my friends here who have bought a house in the I tower to join hands. My email address is varmaanupam85@gmail.com. Please drop me a mail so that we can take joint action against the builder.
I think joining a facebook community page is a good idea. I have been told that approvals will be in place by October 2013. Also, what are the chances of a fraud considering Corporation Bank, which is a government-owned bank, is providing the loans.I think joining a facebook community page is a good idea. I have been told that approvals will be in place by October 2013. Also, what are the chances of a fraud considering Corporation Bank, which is a government-owned bank, is providing the loans.
I have sold my property after talking to lawyer and also got a hefty compensation. After payment of bank loan and considering the interest rate, I get to pocket Rs 21 lakh. This was possible because my lawyer threatened to take Rishabh to court since they don't have permit and they illegally collected money. I had filed an RTI application and I managed to uncover the racket.I have sold my property after talking to lawyer and also got a hefty compensation. After payment of bank loan and considering the interest rate, I get to pocket Rs 21 lakh. This was possible because my lawyer threatened to take Rishabh to court since they don't have permit and they illegally collected money. I had filed an RTI application and I managed to uncover the racket.
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