I am a Surgeon from Trivandrum.I was attracted to a 7 star Apartment Project of this Builder.
He offered a competitive rate for good amenities. I paid a sum of 20 Lac as first installment in February 2013
He was supposed to hand over by 31st May 2015
Now Experts say this cannot be completed in next 3 or even more years with the full amenities he mentioned.
I was trying for a refund .Even after passing 15 months from proposed date of completion, no end in sight. I have no option but to approach the consumer redressal forum and took legal opinions.
Its heard that their bank accounts are empty,
and there is no chance of a refund in near future
Any body who has details of how to approach the Real Estate Regulatory Authority.
They should be penalized. Nobody should dare to do such things in future.