Yogananda Jayashankar, Bangalore
Q: Please share your feedback on UTC culture city, How is the overall project, Which all banks have approved the project and What is the present progress in the project?

My replies to this discussion
UTC Groups seem to facing the some problem, I am not able to contact any of UTC group staff members nor there higher Management people, also both Sadashivanagar & Nagarabhavi office seems to be closed. I am bite worried how to approach these people.. Please advice. Yogananda Jayashankar, BangaloreUTC Groups seem to facing the some problem, I am not able to contact any of UTC group staff members nor there higher Management people, also both Sadashivanagar & Nagarabhavi office seems to be closed. I am bite worried how to approach these people.. Please advice. Yogananda Jayashankar, Bangalore
My comments to replies
UTC seem to face the same problems all other developers face as well. Rampant corruption with authorities delaying vital decisions resulting in a funding gap for the company. Many costumers have unrealistic expectations having been lured by absurd glossy sales brochures and lies by sales executives. My understanding is that UTC Culture City has approval for phase I but got stuck in phase II which is the Cashflow generating phase. I assume this is the reason why the development of phase I has come to a standstill. Most buyers in phase I seem to have successfully registered their properties. This can be checked online. Interestingly apart from one person no one else has put a boundary fence up making their purchase vulnerable to land grabbing and vandalism. More enthusiasm by the owners would certainly encourage the developer to engage a bit more and improve the crumbling infrastructure of phase I. The creation of an owners association would be desirable.
Hi, Now we don't have UTC Group office to contact everything is shutdown and no one from UTC Group providing any kind of future communication... now i'm worried with my investment amount. Please advice how approach future course of action. Regards Yogananda Jayashankar
1st October 2018

UTC Groups seem to facing the some problem, I am not able to contact any of UTC group staff members nor there higher Management people, also both Sadashivanagar & Nagarabhavi office seems to be closed. I am bite worried how to approach these people.. Please advice. Yogananda Jayashankar, Bangalore
Hi, Could you please advice, what are the steps for Refund...
1st October 2018

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