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Indiabulls Real Estate, Chennai Photos

Breach of trust. Review on Indiabulls Real Estate Chennai

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Radhakrishnan @whistleblower007
Jan 23, 2011 08:01 PM, 5072 Views
(Updated Mar 25, 2012)
Breach of trust

If you booked phase 2 it will be bad experience. They are getting 19 floors approval. No one knows the plan till now. When we enquire Julian site eng the plan submitted to cmda is different. The delivery date would be 2016. Even this information is not disclosed to buyers.


In model house they showed on a type of wall fittings but in actual construction it is different.


What you see is what you believe is not fit for Indiabulls. Have u experienced our flat in mortgage without our concerns. Yes it has happened.


Lic has hold the sanction of loan has stopped till lien release for IDBI bank.


When I asked site engg. He told he that phase 1, 2 and 3 lands are kept in mortgage for 1000 cr. They kept this money in rotation for six months. Delayed the construction intentionally. Then we realized why India bulls has not registered uds under our name its late thought.


Even after paying 80 p.c of money. If uds registered in our name it could have prevented mortgage of flat from our end.


Then we got lien release for IDBI after purchasers power (since bank has not released the amount).


This kind of unprofessional and unethical will happen only in India bulls Chennai.


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