I invested in a 1BHK at Mvl the Palms in Bhiwadi in Dec’13. The project was under pre-launch then. I paid the first installment of approx 1, 38, 000 which was 10 pc of the assumed project cost. I paid another 1, 46, 000 a month later as the second instalment. My floor plan was changed from 10th -11 th & the superbuilt area was changed from 550 sqft - 605 sqft without even intimating me.
I was asked to pay another 26k as the floor area was increased which I did. When I asked for loans from reputed private banks I was told the project is not approved.MVL failed to provide me a Builders & buyers contract as late as April.
Now they have asked for the 3rd intalment where the project price was hiked considerably. Couple of months back they sent in the BBA insisting me to pay the 3rd instalment or my earnest money will be forfeited. I sent them repeated mails asking them to clarify dubious charges like sink fund & other allied charges which they failed to clarify.
Kindly do not ever invest in any project of MVL , they are a bunch of frauds lookimg to swivel your hard earned monry, I am filing a consumer case against them soon.