I bought a flat at unihomes3 project in Noida on Feb 2012- B1 towerwith a promise on allotment letter to give possession in 30 months. I paid 95% of the total amount upfront- over 33 lacks, only trusting their name. But its been over 30 months now and they have only constructed ground floor. They have very smartly put a penalty clause of only rs 5 PSF in agreement and they charge the customer 18% on delayed payment. Just Rip Off! They should be made to refund the customers total amount paid with 18% interest.
Poor buyers like me are suffering from the burden of rent and Home loan emi.
The management of Unitech should be dragged to court for cheating customers.