I have been going through this ordeal of dealing with a dual mortgage of my apartment at Ittina Akkala. The first mortgage by the builder’s (Ittina) bank. Ittina through Orchha, a group company had taken loan by mortgaging the apartment and later sold it to me without clearing the loan. The second mortage is by my banker who sanctioned loan for me to buy the apartment. I came to know of this 3 years back through a newspaper notice. Since then it has been a nightmare for me, looking at ways of getting this issue resolved. Several meetings with earlier management of Ittina and several with the current management took place. The new management took over due to untimely demise of Mr.Ittina Mahabaleswarappa.
Several promises were made on clearance of the loan by both the managment, but it was never closed on the said date and was prolonging. However, the new management under Manu Ittina had been showing some progress by remitting amounts in installment and kept my hope alive. Manu was easily reachable throughout this period and he showed commitment in remitting the funds to the Bank to clear the loan. Finally, in March 2012, the said loan was closed by Manu bringing a great relief for me. He is now in the process of obtaining No Due Certificate from the Bank, which I am confident, given the experience I had with him, he would pursue and obtain it from the Bank.
I hope with the same level of commitment Manu resolves other customer issues and re-builds Brand Ittina.
Ganesh.