JAIN housing people are the worst kind of dacoits that you will ever come across.
If you show any interest in their property they will send their marketing team like hunting dogs and give you all false promises.
This has happened to me and some 500 families who booked their house in JAIN Housing project called Green Acres in Pallavaram Chennai.
We were told that handover of the flats will be happen in October 2006. It is almost going to be one year and flats are still not complete. the whole project is at around 60% completion on its 10 month of delay.
The JAINS management kept tricking us by giving false reasons for the delay and kept telling us that it will be handed over within next 2 month…then 2 months…then 1 month….and so on.
People are paying huge EMIs and rents to stay in their present hom es and are waiting endlessly to move into their homes, which seems like a mere dream. Lot of people have started selling their houses because of this deadlock. The agreement stated clearly that they will pay us compensation, but the JAIN builders straight away told us that they cannot pay us the compensation.
The owners of the 500 flats made a yahoo group to discuss their problems and next steps….but have remained defeated in front of this situation.
The Jainhousing & Constructions Ltd company has started targeting other projects without completing this one - Now some of the affected families have decided to go the press with their grievances and some have decided to sue JAIN housing.
Friends, please do not fall into the death trap of Jain housing & Constructions Ltd