I have serious doubts about governance practice followed by Shriram Properties. I had booked an apartment on the price asked by Shriram after multiple followups from the sales team. The sales team congratulated saying welcome to Shriram family.
After 15 days of booking, they are just dropping an email saying they do not have approval for the price and I have to stretch the budget by another 1.5 Lacs otherwise take another substandard unit. Due to builder malpractice on backtracking from commitment and asking a higher price after 15 days, I have lost opportunities by sale offers from other builders, my investments which I broke to make the fund available for cheques I issued(10% of property cost) and Home loan processing fees that was paid.