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IndiaBulls Complaints & Reviews

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Updated: Jul 28, 2024
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IndiaBulls reviews & complaints page 127

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M
mayankaggarwal16
from Gurgaon, Haryana
May 23, 2015
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Processing fees taken by giving false commitment

Address: Gurgaon, Haryana

I have purchased a flat from Supertech for which I need home loan, I was routed to Indiabulls Housing Finance Limited. I was contacted by Munna Ray who is Sales Representative from Indiabulls. At the time of form filling, I was informed that Processing fees will be INR 10000 + taxes (payment to be made in 2 phases, 50% in each phase) and rate of interest will be 10.10%. As I agreed to above mentioned processing fees, I gave a HDFC Cheque...
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rajesh1966
from Mumbai, Maharashtra
May 11, 2015
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No information of prepayment charges and documents in hold

Address: Ahmedabad, Gujarat

Dear Sir, I am Rajesh Patel from Ahmedabad. I have transferred my home loan to Indiabulls Housing Finance Ltd and they have disbursed me home loan and top-up. They have taken around 4 months for whole process. Even after my written request; company has not sent me any welcome kit or details of agreement signed by me. I am also not aware of pre-payment charges. They have not given details of my documents in their custody for mortgage....
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A
ajayk1602
May 8, 2015
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Delay in Handing over and asking for extra payment

Address: Gurgaon, Haryana

Dear All I have booked the flat in Indiabulls Centrum Park, Gurgaon. The possession of flat is delayed by 2 years. Now Indiabulls wants extra payment since the size of the flat was found more than the actual size mentioned in contract. They are taking the advantage by the line mentioned in the clause during signing of contract that extra cost for the difference in actual size of the house will be paid by customers while possession. They...
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pooja.paralikar
from Ahmedabad, Gujarat
May 1, 2015
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Delay in refund

Address: Mumbai City, Maharashtra

booest We booked a flat 44_408 in indiabulls green project phase 2 panvel in 2013. In last nov 2014, we got a mail from indiabulls stating this project is not approved. They gave 2 options, either to stay invested or exit and they will pay interest at 12% till nov 14. We decided to go with 2nd option ie exit with interest. We submitted all the papers. They received the papers on 15th dec 2014 and Assured to pay within 45 days. Now till date...
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Damodarankutty TV Nair
from Kalyan, Maharashtra
Apr 1, 2015
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Non-receipt of Interest on Deposit till the date of refund

Address: Thane, Maharashtra

I had booked a 2BHK Apartment in Phase-2 of Indiabulls Greens Panvel Project (Tower 43, Unit 1205), through its subsidiary Lucina Land Development Ltd. in Feb. 2013 and had paid 20% of the cost at that time as booking amount. As they failed to commence the work even after 2 or 3 years of their marketing of Phase-2, thanks to concerted united action of the aggrieved apartment buyers in this project, the Indiabulls Management finally agreed...
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VinodDutt43
from Delhi, Delhi
Feb 28, 2015
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Pending Salary

Address: Panipat, Haryana

Dear Respected Ma'am/Sir, I am Vinod Dutt was enployed with Indiabulls Housing Finance Limited. I had resigned from my job before three years ago with follow up of Exit process but I have yet not received my Pending Salary and Incentive. Moreover I am Following regular basis with Indiabulls Team as showing in trail mail but they are not responding. Kindly Suggest. Warm Regards Vinod Dutt [protected] [protected]@gmail.com [protected]@in.com ...
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Atul Anchan
from Gurgaon, Haryana
Jan 17, 2015
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Indiabulls Greens Panvel - Not processing refund

Address: Mumbai City, Maharashtra

Hi, I have booked a flat in Indiabulls Green Panvel in October 2013. I have paid them 20% of the agreement value. After visiting the site, I understood that they have changed the plan and have cancelled the premium project. I went to their HO to enquire why they haven't intimated me about the cancellation. They offered me to choice any other flat in the existing project. In the existing project they had limited inventory. I had earlier...
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Address: Mumbai City, Maharashtra

I booked a flat in Nov 2010with Indiabulls Real Estate Limited they told me that phase 2 with an international school, club moss, police station, a very big mall and a hospital and construction for phase 2 is just going to start after 3 months (with possession date as Dec 2016) and you will never get same rate again so I have to book today and sign on a standard template for application form. 4 years of start booking, Indiabulls now...
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J
just4u.vijaykumar
Dec 22, 2014
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Indiabulls Green Panvel -Phase-Cheated & Delay in construction after 4 years

Address: Mumbai City, Maharashtra

I booked a flat in Nov 2010with Indiabulls Real Estate Limited they told me that phase 2 with an international school, club moss, police station, a very big mall and a hospital and construction for phase 2 is just going to start after 3 months (with possession date as Dec 2016) and you will never get same rate again so I have to book today and sign on a standard template for application form. 4 years of start booking, Indiabulls now says...
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At the time booking the apartment with Indiabulls, possession was agreed and committed before December 2014. Construction of building and other infrastructure has not been completed and progress in the work is very slow. In one of the meetings with a group of apartment owners, Indiabulls management agreed that giving possession will begin by June 2015 and end by December 2015 for all those who booked apartments at Phase 1, however, when asked...
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Reshit Verma
from Mumbai, Maharashtra
Dec 19, 2014
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My New Home- centrum park hyderabad

Address: Hyderabad, Andhra Pradesh

I am basically from Mumbai and now living in Hyderabad. I was since many days looking out for the property to invest in as my second home and ended my search on the centrum park property by Indiabulls. We have walked through many homes in over years but nothing appealing ever stuck us. While booking our house with them we have seen the difference in the type of quality of work in comparison makes worth mentioning. I visited their site and...
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sahilkapoor
from Mumbai, Maharashtra
Dec 12, 2014
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EMI started 3 months prior to the date mentioned in Repayment schedule.

Address: New Delhi, Delhi

I bought a property in BDI Sunshine city Bhiwadi (Rajasthan) which was under subvention scheme for 18 months (In this scheme the builder has to pay first 18 installments of EMI (interest only) and from 19th installment, buyer has to pay which includes the Principal) I had to avail loan services from Indiabulls (as Indiabulls and builder had an agreement to provide the scheme) The property was allotted to me in April 2013. The issue date...
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A
agoel
from Mumbai, Maharashtra
Dec 9, 2014
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Home Loan EMI started before the due date

Address: Mumbai City, Maharashtra

I have a home loan from Indiabulls Housing Finance Ltd. under 80:20 subvention scheme for a 2 bhk flat with Indiabulls Greens Panvel Navi Mumbai. As per the repayment schedule issued by Indiabulls Housing Finance, the repayment EMI was supposed to start from 01-Feb-2015. However they have started recovering it from 01-Dec-2014 itself. I have visited the branch and written many emails but so far no resolution is forthcoming. Please help in...
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I
iifl123
from Delhi, Delhi
Nov 17, 2014
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HDFC credit card harrshing from the Swati - 01145606982

Address: New Delhi, Delhi

Dear ALL I was a credit card holder of Hdfc bank with the credit limited of Rs.30000 i have used the credit card and i have also pay some ammount which is used by me but since last two years i was not able to pay my dues to to bad financial conditions in last month ( September 2014 ) i have received various calls from the collection agents of the bank and i was harrshing from their side i last month they told me that the are ready to...
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just4u.vijaykumar
Nov 12, 2014
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badly cheated in Indiabulls Greens Panvel project

Address: Raigad, Maharashtra

I booked a flat (phase 2/44-201) in Feb 2013 with Indiabulls Real Estate Limited (Symbol: IBREALESTISIN: INE069I01010) for which booking was started around Nov 2010 and they told me that phase 1 bookings are complete and no flat is available in phase 1 and phase 2 will be much better product with an international school, club moss, police station, a very big mall and a hospital and construction for phase 2 is just going to start next month...
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V
VASUDEVANIC
from Nashik, Maharashtra
Oct 20, 2014
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Amount not credited in my account

Address: Chennai, Tamil Nadu

To indiabulls


Sir,
My client ID is 441611. I had the balance amount in my account of Rs. 89, 000/- as on 16.10.2014. On that day I have transferred Rs. 87, 000/- to my ICICI account bearing No.[protected] from my indiabulls account. But the same was not credited in my ICICI account so far. Kindly do the needful.
Thanking you
I.C.VASUDEVAN...
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A
arnab747
from Kolkata, West Bengal
Sep 29, 2014
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Extended Hours of Working including Sundays , and no National Holidays

Address: Kolkata, West Bengal

Hi, Currently I'm working with Indiabulls (park st Kolkata). Our working time stretches from 10 am in the morning (previously 9am) to around 8.45pm every day a week, On Sundays we have to work even longer as there are site visits, where we take clients to show realestate properties at our own expenditure. If there are no site visits on Sundays, we are forced to come to the office. Further office remain open on National Holidays, where...
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ashishchandorkar
from Mumbai, Maharashtra
Jun 22, 2014
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Non receipt of Refund of 15 Lacs from Indiabulls & Sri Sai Group

Address: Mumbai City, Maharashtra

This has reference to the issue pertaining to the non-receipt of refund of my booking amount of Rs. 15 Lacs from the Developer International Trading & Mfg. Co. (Sai Group of Companies, Mumbai) introduced by Indiabulls Distribution Services Ltd.. I had booked a flat in Sai Sapphire, Powai in Sept 2013 by paying Rs. 5 Lacs as booking amount and after lot of deliberations another Rs. 10 Lacs (by availing a personal loan @14.5%). I was expecting...
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dasrajib
from Gurgaon, Haryana
May 26, 2014
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BSDA account charges not done by Indiabulls

Address: Pune, Maharashtra

I have a Demat account with Indiabulls 10193827 and downloaded the form and filled in the details and sent by speedpost to their Gurgaon office which they received on the 14th March 2014. I confirmed the same on phone. On the 26th of May they raised a charge of Rs450/- on mailing with no response from Indiabull then follow up by call I was told the same has been rejected as I hold 2 demat accounts which is untrue. I said why no letter has...
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neeraj_india
from Delhi, Delhi
May 8, 2014
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Fighting for 8 years with indiabulls

In june 2006, When I got my account statement of Oct’2006, I found out a debit of Rs. 14022.00 (approx.), when I enquired about it to my relationship manager of indiabulls, he told me that he invested this money in Futures & Options on 18/10/2006 in OPTSTK RELIANCE 26-OCT-06 1230 CA (Contract note attached) which got expired by itself on 26/10/2006 and all my money became zero. I asked him that how can he do this without my permission...
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