[Resolved]  Supertech Limited — Unit canceled without any prior information

Address: Gautam Buddha Nagar, Uttar Pradesh

Dear Sir/ Madam,

In Jun 2012, I have booked an unit No. R031C21602 Area 1400 sq ft 3BHK @ 3528 per sq ft at Supertech Renesa at sector-118 Noida with 10 % of Booking amount for sum of Rs. 500000/- Five lakh only under CLP . By Supertech, I am confirming you that next 10 % payment ll be submitted upon project bankable. Since as of now , Project not approved, not bankable & Supertech raised the second demand of 10% in the month of August 2012. Have discussed with the supertech 's officials upon received the second demand & submitted 40 lac home loan sanction soft approval from Indiabull Housing finance limited on behalf of above said unit along with partial due amount for sum of Rs.300249/- i.e.total amount paid Rs. 800249/- ( Rupees eight lakh two hundred & forty nine only) against total demand of Rs.1047000/- ( Rupees Ten Lakh forty seven thousand only)

Copy of home loan 40 lac sanction letter submitted to Ms. Poonam +91 [protected]- Supertech payment collections. Earlier she has confirmed me that no need to pay the further rest amount till the project is Bankable. and also marks copy of mail to supertech officials Mr. Hemant Yadav, Mr. Nitin Agarwal,Ms. Nidhi Sharma & Mr. Yogesh Sharma .

Last month, All of sudden with out any prior intimation . I got a cancellation letter along with refundable amount is being returned vide cheque no. 388617 dated 05.02.2013 for sum of Rs. 800249/-Rupees Eight Lakhs Two Hundred Forty Nine Only supertech limited.

It was very difficult for me to arrange 8 lac at that time and i sold my shares & ICICI prudential policy at a loss of 80,000 to give the booking amount .

Here I Wish to reiterate the fact that following points have discussed & below words with Supertech officials.

1. Have 40 Lakh home loan sanctioned from Indiabull Housing finance limited on behalf of above said unit. Xerox copy of home loan sanction letter submitted to Ms. Poonam +91 [protected].
2. Ms. Poonam has confirmed me that no need to pay the further rest amount till the project is Bankable.
3. In this regards, Met & discussed with also to Mr. Nitin Aggarwal +91 [protected] He has assured me that my unit is booked & Supertech can’t cancel your unit cause of amount due. You have already submitted your home loan sanction letter with the collection Dept.

I have been regularly in touch with Supertech officials for depositing this due amount but regret to state that neither has got a phone call from Supertech nor information has been given by officials before cancellation of provisional booking of my unit Flat No. C-2/1602 at Supertech Renesa. Why should I be penalized for somebody else’s lapse?

I am very much disappointed to know about cancellation of provisional booking o[censored]nit with out any prior information. Kindly help me . it is a mistake form Supertech's side to cancelled my unit ? As I assume that this is not fair to me and Supertech limited is forcing me to take a legal action.

Supertech Limited utilized my fund more than eight month. And Supertech Limited returned the same deposited amount with out any prior information , with out any appreciation returned the fund, Current market rates are more than Rs. 5000 per sq ft. i.e. approx 1500 sq ft rates hike effect from Jun 2012 till date . Have booked loss of 21 Lakh cause of builder such kind of stupidity.

Kindly look in the matter as soonest now please.

Kindest Regards
Ram Kishan Sharma
+91 [protected]