I booked a beautiful flat in elegantia tower of wave group in Wave City Centre, Noida, so that I could live there. They have been mislead me by quoting L&T has started the construction 2 yrs ago while no construction has been made from last 2 years. I have lost value in terms of Principal value invested but also Interest loss. Whenever we are asking the status of project they give same response that Piling is in progress from last 2 years..I have purchased this flat to start living there after getting the posession in 3 years, But as per Wave construction speed it looks the project will not be able to get deliver till 2020..You can think if they took 2 years to do piling then how much time they will take to construct 50(app) storey building. I have paid 40 lakh ruppes to them and paying heavy Intrest on same, because of this I am undergoing Mental torture and Money crisis as I need to pay monthly Intrest on same..We are putting hard earned money to buy house to live but such kind of builder’s does not have any kind of botheration. I would request you to please guide me so that I could get my money refunded in full plus 18% Intrest Rate ( which they have imposed in case of any delay payment)
That the Wave City Center like builders today in every part have appoint many sale representative person on “huge commission basis” and the Sale representative person may lurking the other innocent person in their locality for selling the builder costlier flat with false promises, while the real buyer have not sufficient cash or money arrangement besides the full amount which the builder agreed to take on provisional form at the full completion of their project. After that the process of harassment, torment and extracting the full money in just one or two installments get started off and when the buyer shows reluctant to fulfill his unlawful demands in short span of time then the greedy builder would cancel his flat and return the partial money to the buyer and sell the same flat to the another person on high rate of current time so that from both sides the builder may get extraordinary benefit of huge sum of money. So I may requesting to all the person who may entrap in the builder projects or their Sale Representatives not to buy or think to buy till you have full arrangements of the money into your hands for up to waiting of five years till the project of that builder might get complete on time.
Now as this Email is I am writing to you to spread the all builder dirty mentality who day by day looting the enormous buyers or customers to get entrap into their running projects all running simultaneously on different locations with different entice names so that full unlawful monetary benefit from all the sides and corner of the city, location and state is achieved by the builder in short span of time. The Wave City Center like builders also not to disclose their identity and neither give their full names & personal mobile numbers and Email Address or living address to the buyer so that no agitation and protest by the customer and buyer may approach to their doors. I don’t know what to do. Please someone help me.