George, Trivandrum
Q: For those who have opted to purchase flat from SI beware. Don't fall into the trap of this builder. Theie main intention is to cheat and not give possession to flat in time. All the projects are still pending. And they do not have any intention of completing. Those who have already invested are taken for a ride. SI is presently a sinking ship and capsize any time with all your hard earned money. The manager incharge trivandrum and his people are siphoning the money somewhere and are not completing any of their budding in the city. Those who have already invested in green hill height, Kempton manor and the upcoming projects beware fdo not get cheated. You better enquire with the other flat owners of this builder and you can know the real facts

My replies to this discussion
I am a retired army person in one of their other project at Trivandrum. Even that also had some delay. But they had compensated me for the delayed period. In fact after it was handed over to me and started staying there I am very happy of my flat in its quality, design and its usefulness. My flat today is double the value. Later on I happened to understand the real reason for the delay. Most of the NRIs had defaulted their payments due to their job constraints but were not willing to give off the allotment due to the attractive price. Now as they have become my neighbours I know that this was the fact. I was also told that longer the delay the cost goes up. So delay means higher appreciation of your capital. In fact they used to intimate me the delays and it did not come as a sudden bolt.I am a retired army person in one of their other project at Trivandrum. Even that also had some delay. But they had compensated me for the delayed period. In fact after it was handed over to me and started staying there I am very happy of my flat in its quality, design and its usefulness. My flat today is double the value. Later on I happened to understand the real reason for the delay. Most of the NRIs had defaulted their payments due to their job constraints but were not willing to give off the allotment due to the attractive price. Now as they have become my neighbours I know that this was the fact. I was also told that longer the delay the cost goes up. So delay means higher appreciation of your capital. In fact they used to intimate me the delays and it did not come as a sudden bolt.
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