[Resolved]  Unitech — Unitech Habitat project delay

I hold a unit in Unitech Habitat. The company has already delayed the delivery of the project by 1 year. The company has no responsible person or formal response to when are they likely to complete the project. After investing my hard earned money the company treats its customers with utmost disrespect with one not even allowed the enter the company premises and letters and calls to company recieving no replies.

The company is turn asking me to pay last installment @18% interest for delay in payment with total disregard that over 80% money has been paid and there is no definate answer as to how much longer the project will be delayed.

Customers beware of investing with Unitech. Consumer Forum please help me get the penalty Unitech is legally bound to pay on my property for delay in project.
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Aug 14, 2020
Complaint marked as Resolved 
 
7 Comments

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Has anyone visited the Habitat site recently? Is there any work going on or it is totally stopped?
THE REASON WHY THE COMPANY IS IRRESPONSIVE IS ON ACCOUNT OF ITS TECHNICAL ERRORS. They had a virus attack in their system which is why they have not attended to your emails. Stay calm, don’t blow it out of proportion
I approached them for the very same reasons. My money is safe in their hands and they are not scam.
I am also owner of a flat in Unitech Habitat. Does anybody has the latest pics or first hand knowledge of progress in construction work for towers.
Unitech has been as unprofessional as any third grade construction company regarding getting back to customers . I am an owner of flat in Unitech Habitat as well. Does anybody has any updates regarding the construction updates /pics ?
The delays are caused due to various unavoidable reasons like recession, labor crunch, material shortage, inflation etc. This is the story with every real estate project going on in India at this moment. Don’t worry Gaurav, as your money is in good hands. Unitech is the second largest real estate developer in India and has a certain market image to protect. I am sure they will not let you down.
Unitech have cheated all its customers who are paying millions for the flats and 12% interest to the banks for past 5 years with nothing to call their own ! I got a email from some one who has recently visited the Site, it seems that all work has stopped on site as contractors are not being paid. This person had paid stamp duty in april 2011 and did not get any other updates from Unitech since past 6 months and on visiting the site was shocked to see that its at a standstill while the company is asking payments from customers...seems like most of its customers are NRI's therefore no legal action has been taken yet.

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