I booked an apartment in HN Bannergatta project in 2009, Even after 3 years I am yet to see agreements. Besides no one takes responsibility and no proper answer to customer. Buyers are kept in dark. Besides this they had a land dispute and results looks like quite gloomy.
Plus unjustified demands of 18% interest penalty, frequent change in amount etc. Even till last few weeks ago, they were not able to provide copy of BBMP approval, though they are claiming all the approvals are in place in 2012. I am not sure if our money is safe. Now they are asking for third installment even without providing agreements. So far no bank approvals are in place from banks like SBI, LIC etc.
It is really hard to get information, as staff here are involved in misleading the customers, as they want to buy more and more time without giving any commitment or penalty to buyer. Looking at present tempo, I can presume, there will be many litigation filed on them, if they do not convince customer.