Srinivas Reddy
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 comments to replies
Don't Buy any properties there!!!!!!!!!! I booked a 2BHK flat there 5 months back in Tower 18 (Near MMTS hitech city) and paid approx. 15% in 2 months.. Today i went to Corporate office Jubilee hills for agreement but they said all tower in row e.g 15/16/17 & 18 are converting to 3 BHK & you need to book another available flat.. I was socked as such information they did not share to me & my all plan messed. Now I have cancel the booking and but they are saying money will refund in 30days without any interest. Let us see.
i also has booked a flat in megapolis project the price they are selling is equal to their quality of construction dont think that he is selling for less price when compared to other gated community builders the quality of the tile is very bad i have seen the model house which was constructed in tower no 4 and especially the tiles in the kitchen is very bad dont get cheated by seeing the old model house which is present in the site office
31st July 2013

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