We had paid around 3 lakh during 2013 to book 2BHK flat of 33 lakh in Horamavu area. Monthly they used to send mail like this month land registration will be done and next week I used to get date postponed to next month. They delayed like this for 6 months. Later I got fed up and started putting pressure then over call they told project will be delayed if we want we can apply for withdrawal.
I applied for withdrawal and got 2 cheque of 1.5 lakh each and postdated to 3 months. In terms and condition they mention if customer request for withdrawal then 3 month post dated cheque will be issued if project get cancelled then only they will pay you immediately. I guess that won’t happen going by there reputation.
Luckily after 3 months we got our money back. 1 year without any interest at least we got our principal amount.
I sincerly request each one of you not to fall prey to such things.
Beware of TGS/DREAMZ.