Address: | Bangalore, Karnataka, 560076 | Website: | www.prabhavathibuilders.com/index.php |
I own a flat in Prabhavathi comforts located in Begur road. It comprises of 140 flats and the project started 3 years ago.I bought the flat this year Feb 2016 and promised that it Wil be hand over in June 2016.No progress in the construction since 2016.He is now saying he does not have money to continue the work though most of the flat owners have released close to 90℅.If we go the builder's office, we are not allowed to go inside to meet the MD.we are given some reasons Everytime we visit the office.Recently we had a meeting with one of the representative at the apartment, but the MD never turned up.We have been promised that the work will be completed in 4 months time provided we release theremaining payment. Soon after this merting, the builder was to trying to locate his office in the midnight and was caught by the police.soon after this incident he is now refusing to continue the work and now the Land Owner coming into picture.The land owner is going to get GPA given to his name so that he can resume the work by collecting the remaining payment from all the flat owners.Here is the problem now.The land owner says all the flat owners have to pay 2lakhs extra to complete the work in 4 months.The intention is to meet up his share of flats to be completed with our money.But there is no fault with the landowner.Majority of the work is still not completed in landowners share. The builder took all the money and now we have to pay 2lakhs extra to complete the work.
People who bought flats in the other projects also suffering with the same problem.
We are paying rent outside and also paying EMI which we cannot afford for a long time.I ts a matter of 140families lives and not only us but also people from other projects of the same builder. Was this information helpful? |
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