Hello All,
After getting so many information requests, I have visited the site today and tried to collect updated details for this project. Here I am sharing what I got to know after talking to some of the buyers today....
First of all some people think that PNR group is a builder but they are only acting as an agent and SPEC is the builder for this project. They are Hyderabad based and constructing their first project in Bangalore.
They have started their project in 3rd quarter of 2012 and still not able to complete. They have given many deadlines to their customers but all were only falsy promises. They have given deadlines starting from 30 June 2014 then 31 August 2014, then 31 October 2014 then 31 December 2014 then 31 January 2015 then 31 May 2015 and missed all the deadlines....now they became reluctant and not providing any deadlines as they themselves not clear that when and how to complete this project.
contd.......Hello All,
After getting so many information requests, I have visited the site today and tried to collect updated details for this project. Here I am sharing what I got to know after talking to some of the buyers today....
First of all some people think that PNR group is a builder but they are only acting as an agent and SPEC is the builder for this project. They are Hyderabad based and constructing their first project in Bangalore.
They have started their project in 3rd quarter of 2012 and still not able to complete. They have given many deadlines to their customers but all were only falsy promises. They have given deadlines starting from 30 June 2014 then 31 August 2014, then 31 October 2014 then 31 December 2014 then 31 January 2015 then 31 May 2015 and missed all the deadlines....now they became reluctant and not providing any deadlines as they themselves not clear that when and how to complete this project.
contd.......
One of the customers said this today:
"They said that they have 20 years of experience in construction but inspite of that they have not developed even a single way of communication with their customers. They will pick your calls only till booking date/payment date after that no replies and for mails biulder does not have enough skills to maintain his mails."
Their are different issues with this builder where he is providing poor quality of bathroom and CP fittings. He has deviated from approved plan and now customers will not get O.C. for their flats but he is still promising that he will try to get it but on buyer's cost which is another fraud.
Their is some land issue which is still going on due to which they are not able to construct boundary walls for the building.
contd....One of the customers said this today:
"They said that they have 20 years of experience in construction but inspite of that they have not developed even a single way of communication with their customers. They will pick your calls only till booking date/payment date after that no replies and for mails biulder does not have enough skills to maintain his mails."
Their are different issues with this builder where he is providing poor quality of bathroom and CP fittings. He has deviated from approved plan and now customers will not get O.C. for their flats but he is still promising that he will try to get it but on buyer's cost which is another fraud.
Their is some land issue which is still going on due to which they are not able to construct boundary walls for the building.
contd....
So after taking 3 years they are failed to complete:
Flats
Amenities
Water
Electricity
Boundary walls
So I would suggest not to go with this builder....if you have any other questions you can reply to my comment. I would try to collect that information and provide.So after taking 3 years they are failed to complete:
Flats
Amenities
Water
Electricity
Boundary walls
So I would suggest not to go with this builder....if you have any other questions you can reply to my comment. I would try to collect that information and provide.
Hi Everyone,
Is it a good buy? I have investigated and got this information:
1. Its a joint venture between 3 parties - 2 land owners and 1 builder
2. They got G+4 approval from BBMP.
3. They are constructing 90 flats (as per BBMP records) in 2 blocks - A and B, each block should have 45 flats.
4. Floor plan is :
- Ground floor should have 7 flats(They have deviated from the approved plan and constructed 8 flats on ground floor of both the blocks)
- First floor should have 8 flats (They have deviated from the approved plan and tried to construct 2 more flats in B block but buyers who have already booked flats have kicked them back so they have demolished it).
- Second, third and fourth floor should have 10 flats
5. They have tried to construct illegal floor(pent houses on roof) as well, but after hearing the voice of buyers, they have again stopped it but there is still a scope of pent houses on top.
Cont.........Hi Everyone,
Is it a good buy? I have investigated and got this information:
1. Its a joint venture between 3 parties - 2 land owners and 1 builder
2. They got G+4 approval from BBMP.
3. They are constructing 90 flats (as per BBMP records) in 2 blocks - A and B, each block should have 45 flats.
4. Floor plan is :
- Ground floor should have 7 flats(They have deviated from the approved plan and constructed 8 flats on ground floor of both the blocks)
- First floor should have 8 flats (They have deviated from the approved plan and tried to construct 2 more flats in B block but buyers who have already booked flats have kicked them back so they have demolished it).
- Second, third and fourth floor should have 10 flats
5. They have tried to construct illegal floor(pent houses on roof) as well, but after hearing the voice of buyers, they have again stopped it but there is still a scope of pent houses on top.
Cont.........
My comments to replies
Hi Everyone,
Is it a good buy? I have investigated and got this information:
1. Its a joint venture between 3 parties - 2 land owners and 1 builder
2. They got G+4 approval from BBMP.
3. They are constructing 90 flats (as per BBMP records) in 2 blocks - A and B, each block should have 45 flats.
4. Floor plan is :
- Ground floor should have 7 flats(They have deviated from the approved plan and constructed 8 flats on ground floor of both the blocks)
- First floor should have 8 flats (They have deviated from the approved plan and tried to construct 2 more flats in B block but buyers who have already booked flats have kicked them back so they have demolished it).
- Second, third and fourth floor should have 10 flats
5. They have tried to construct illegal floor(pent houses on roof) as well, but after hearing the voice of buyers, they have again stopped it but there is still a scope of pent houses on top.
Cont.........
6. Construction is getting delayed because construction company's MD is a candidate in 2014 Lok Sabha election so he is busy in it.
7. They have also swapped the locations of Swimming pool and Children play area.
8. I have also heard that they are putting a clause in the agreement itself that they could construct Pent houses without informing buyer.
9. They are claiming that they will provide EC, CC and OC but till now I have not heard from anyone that they have seen CC(which should be producible at this stage of construction).
If you need any further information, please inform me.
Thanks,
Ashok
"We are only as strong as we are united, as weak as we are divided"
4th May 2014
You can contact me at sendtoashok1@gmail.com.
6th June 2014
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