This builder’s Krishna Mystiq project is delayed beyond the legal completion date and the builder is liable to pay penalty as per Sale Agreement which they are denying outright
The management team is completely unapproachable, and buyers are constantly stonewalled by the CRM team
The completion dates are shifting everyday, and the communication is different to different buyers
This builder’s previous project - Krishna Shelton - was also significantly delayed as per online real estate forums
The effort to complete the current project seems extremely minimal because there are hardly any contractors on site
The builder has brought the project to the stage where flooring is completed so they can get 90% of the money from buyers, and since then the work seems to have halted.
They have launched new projects like Aquabay and Goldfields and Brighton towards which they seem to be redirecting all the labour since 90% of the money on this project has already been recovered
While the project plans look good and thoughtful, the challenge with the builder is with false commitments and delayed delivery. Any new investors in Aquabay and Goldfields and Brighton should keep in mind that they will run into exactly the same issues.