Q:
Dear consumer, do not be fool by investing in this fraud group. I had made this mistake and after three years, I am just running between there branch and bank and neither plot is in my hand nor my money. During investment, they welcomed me and now they are ignoring me and not taking seriously. I am suffering since my life time saving is invested in this fraud group and now they are not returning money. I had booked a plot (Plot No. 96) at a project Prestige - III of Vatsalya Builders And Developers Pvt. Ltd. situated at Rau-Indore. After 3 years, no development has been observed at site neither project is in status of possession and still it was in stage I had seen during booking time. I had taken continuously follow up from them and every time they had cheated me by giving fake assurance of possession. Finally I had decided to withdraw money from this project and they had given me cheques after long time and all cheques were bounced and now they are saying we are not having money. So its my advice, do not come under influence of there marketing team. They will welcome you and take off your money and after that they will forget of you and your money.
All customers of Vatsalya Group who have been cheated must unite through a common entity called say, Consumer Redressal Forum Against Vatsalya Group. We must all pool our resources and fight with might. Fighting individually is going to very costly affair for each consumer and is also time consuming. Voice of a large consumer is easily heard every where. Unfortunately, I am not staying in Indore otherwise I would have taken the lead. Some active members must take the lead and constitute the Forum at the earliest and file a joint case on behalf of all the members of the Group. Please feel free to contact me at 7588021282.
GS SHARMA, JammuAll customers of Vatsalya Group who have been cheated must unite through a common entity called say, Consumer Redressal Forum Against Vatsalya Group. We must all pool our resources and fight with might. Fighting individually is going to very costly affair for each consumer and is also time consuming. Voice of a large consumer is easily heard every where. Unfortunately, I am not staying in Indore otherwise I would have taken the lead. Some active members must take the lead and constitute the Forum at the earliest and file a joint case on behalf of all the members of the Group. Please feel free to contact me at 7588021282.
GS SHARMA, Jammu
My comments to replies
Thanks Vinay. I hope this information will help lot of buyers from this builder. Now-a-days, buyers are very alert. They verify all the legal documents and approval by a lawyer and then go for deal. They also post their query regarding the project and the concerned developers in multiple forum sites.
Vatsalya Bulders and Developers Indore is a fraud group. They have cheated and looted thousands of customers in Shiv Residency-II, Indore project. The plots booked in year 2009 have still not been registered in customers’ names. Interest payment at 12 percent was promised in the Sale Agreement but they issued dud cheques which bounced back. Even after 10 years, the Land Title of the project is not clear and Govt approvals are still not received. All customers of Vatsalya Developers who have booked plots in SR-II Indore must unite and fight the fraud and book these fraudsters also like Mallaya and Nirav Modi.
17th July 2018
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