Oct 27 2007

Bangalore property buyers pain

Published by Veresh at 6:17 pm under Bangalore

On Some of the egroup that I have subscribed to I keep hearing on how real estate developers have cheated , charged more , finally provided flats which were not upto the promise , increased the flat price before delivery , but unfortunately there are not many sites which can capture and provide the feedback about particular builder . Problem with posting on egroups are they are not search able on google and yahoo so the comments and feedback get buried . I had a blog on Sobha and Mantri Developer here and there are some reviews on mouthshut but there are far and few reviews about developers.

It would have been nice to see developers review like we see movie reviews so after a project is launched there should be reviews based on certain parameters.

For now be cautious while dealing with Confident Group which have some projects on Sarjapur road as they make lofty promises .

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Last 7 posts by Veresh

9 Responses to “Bangalore property buyers pain”

  1. Dineshon 14 Feb 2008 at 5:15 am

    I recently bought one apartment with Sobha in Bangalore. Here they dont have any amenities like club house, swimming pool, childrens pay area etc in the apt complex. Instead they are building a common facility about 500 m away for about 7 apartment complexes in the vicinity. But it still will have only one swimming pool and badminton court for about 1500 families! Can imagine a Kumbh Mela during summer times near the swimming pool. They also charge 1.5 lacs from each apt for a membership in this “mela”. This comes to about 25 crores for a building of total worth about 8 crores. And usage fee will follow..!

    Sobha is cutting too much corners to save money and provide sub-standard services to customers in the name of “quality”. They also hiked the BWSSB and BESCOM charges to about Rs 100 psqft and refuses to provide receipts from respective agencies. Service tax was collected from us and was apparently not paid to the tax department since it is not required any more. However Sobha refuses to acknowledge this and keeps the money. Not sure how such “reputed” builders get away with such tactics.

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  2. Venkson 27 Mar 2008 at 3:20 am

    Don’t trust Mantri Developers

    in tranquil,
    1) they changed the floor plan, never informed and now charging exorbitant rate for extra space. else they won’t give possession.
    2) during booking they never mentioned about 8 months delay. just after 3 months they say they are 8months delayed due to govt reasons. how is it possible they don’t know about it just 3 months before when booking was being done? They are not paying compensation.
    3) they changed kitchen plan - windows are not there, the carpet area is more than 10% less. open space is not 84% they promise.
    4) initially they claimed a common area of 800 sq ft. Now suddenly they are forcing the 2nd floor owners to buy it for 6 lakhs. else they won’t give possession. it’s not even there in agreement.
    5) they don’t provide grills to window. they falsely claimed that ALL owners don’t want it. When all the owners got together and disclaimed, they went back. just imagine the risk it is for children in top floors.
    6) Never believe the MArketing. They are now claiming to have said something 1-2 years back which they never said. They speak so convincingly.

    in flora,
    1) they claim delivery without completeing exit ramps, structure
    2) initially club house was planned as a separate building. now they made 1 of the apartment in the ground floor the clubhouse. residents in that floor are inconvenienced due to the disturbance it is creating.
    Worst is they ignored such issues when raised.

    in some other constructions, they have started building service apts in the open space they earlier promised.

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  3. Smitaon 14 Jul 2008 at 7:42 am

    Hi,

    All developers are the same, they cheat you thru your nose and behave as though nothing ever happened. We had a bitter experience with Sobha.. They are constructing a host of apartment buildings on Outer ring road, Sarjapur road, Bangalore. When we were shown the flat by the marketing manager, he promised us a good lake view BDA park ( in whose place Sobha Lavender is coming up now) temple view. It seemed like a good place to live in and so we went ahead and booked an apartment. A few months later, with all the promises broken our dreams have shattered. With Lavender coming up, there is no scope for a park and the lake and temple views have been blocked. When we brought this to the notice of the CRM team they refused to acknowledge these complaints and tried telling us that no such promises were made. And the head of CRM was not willing to meet us saying his team would handle all issues. It is ridiculous that in an organization of such reputation there lacks co-ordination between the marketing and the CRM teams…
    Something should be done to take these cheats to tasks.. They get away with anything and everything they do/ say.

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  4. Vereshon 14 Jul 2008 at 3:49 pm

    Smita , I can understand the situation but this is how Sobha works , high on marketing low on delivery . If you are still sticking with Sobha I suggest for future to insure that money transaction is on time from your side because even if it is Sobha’s mistake you will have to pay 18% interest .
    Insure that all transaction is logged properly on your side as they messes up things like missing your payment and since projects last more than 2-3 years even you will forget one or two transaction so insure that you have all transaction logged propely.
    Insure that all communication is in emails as they have tendency to go back on words.
    Hoping for the best.

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  5. Nishaon 08 Aug 2008 at 3:10 pm

    Hi All,
    Can you please tell me about Confident group? They have a recent project in sarjapur for villas……they r quoting 30 Lacs to 50 Lacs……can i trust on this builder?

    –Nisha

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  6. S Monikandanon 31 Aug 2008 at 11:00 pm

    Hello Smitha, We had a similar shock as yours. We booked a flat in Sobha Carnation mainly due to the view we had from our flat. I even told the marketing person Sanjay that I am booking it only because of the view. I am sure he was aware of the new project which is going to come up and block our view. But he never revealed it to us. Within a few days, we saw the new project launch ad on paper and their website, and were shocked to notice that the project location was just behind Sobha Primose, which will entirely block the view which we were dreaming for.

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  7. Ajiton 18 Sep 2008 at 4:32 pm

    Nisha,

    Even I did visit the villas you are talking about and some near by flats coming in like Athleeans, Antlia etc. The open space & amentities seem to be far from the projected one. However, other aspects like house plan etc does seem to be ok. Please let me know if you have already booked with them and of yes, did u come across any issues.

    Ajit

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  8. basilon 20 Sep 2008 at 10:14 pm

    most of us have complaints against these builders and rightly so. Sometimes its the builders and at times marketing which tries to oversell the features to get customers.

    I am not sure if any of you are interested in joining together and forming an cooperative housing association and build our own houses. My dad did this in the 1980’s and they managed to build an housing enclave in saket in delhi.

    I am not sure if we should try this out again. We could all join hands and form an association and do this. I am sure we can save a good 40-60% that builders make and we can proudly own our own place. If we have a large number of members we could even approach the govt for land to build this.

    Please send me a mail to basil_george@yahoo.com if are interested people. I already have some 10 members who are interested in this.

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  9. Vereshon 02 Oct 2008 at 9:20 pm

    Friends for common property issue use this forum as it will help in keeping information at one place and will help out more people.

    http://propertyowners.newscrux.com/

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