I had visited this builder in one of the property show in Chennai on Jun 2015 and I have shown my interest on one of the their projects RajParis Sarovar in Medavakkam(near Pallikaranai).
After few round of negotiation, they called me on one Friday to have a final discussion with their deciding authority person(who is the son of the Builder).
We have finalized the SQFT price and locked it for booking and they forced me to pay a booking advance and paid a booking advance of Rs 1001/-(as I just went for discussion I didnt carry cheque book). As per the discussion they asked me to provide booking amount of 1 lac on Monday and 20% of the total flat cost in 1 week. We agreed upon few conditions about the payment and proceeded further. They said on Saturday they will visit my lawyer for legal opinion(seems they know my lawyer).
On Monday nobody turned up to pickup the booking cheque. When I called them they said, the price we locked will not workout as they got another party for a better price. I was shocked as I already booked this flat and paid an token advance, if a flat is booked for a client not sure how they can book the same flat for other person. Ideally it should be in booked state. They simply said, will return back your token advance. After several calls to them, finally they gave my token advance back. If they are booking a already booked flat, not sure about the reliability of the builder on the promises he made to the customers. Kindly be careful from this builder. Thank God for saving me from this cruel cheating builder.