NO WATER – NO ELECTRICITY – NO OCCUPANCY CERTIFICATE
ONLY FALSE PROMISES
FREE BALAJI DARSHAN AT BANGALORE
A NEWS REPORT IN PRAJAVANI, KANNADA NEWSPAPER ON 18-04-2015 CARRIED A PUBLICATION ON THE DLF MATTERS
Aggrieved buyers of flats in DLF Westend Heights New Town on Bannerghatta Road staged a protest demanding completion of the project and handing over of the flats. Though the project was launched in 2008, flats are yet to be handed over to buyers. Shyam Sundar, a naval officer posted in New Delhi and one of the buyers, alleged that the builder was supposed to hand over the flats in 2012. “Of 1,922 flats, only around 200 have been handed over to buyers over the past three months. However, these flats lack basic amenities.
The builder has been claiming that they will hand over the flats after getting Occupation Certificate (OC) from the BBMP,” he said. He said that in October 2011, the project cost was reduced from Rs. 534 crore to Rs. 264 crore. The number of flats was reduced from 1,975 to 1,922, but the built-up area was increased. Responding to the allegations, a DLF spokesperson claimed that the flats would be handed over in a phased manner from May-end. “We are in the process of applying for the OC from BBMP. The power connections will be given by early May, and work on water connectivity will be taken up on Saturday,” she added.
THE AGREEMENT HOLDERS/BUYERS/BOOKIES HAVE GATHERED BEFORE THEIR (DLF) SITE OFFICE AT AKSHAY NAGAR, BEGUR TO PROTEST AGAINST THE BUILDER FOR NOT HAVING DELIVERED THE POSSESSION OF THE APARTMENTS, WHICH WAS DUE TO BE DELIVERED IN 2012.
IT IS A WELL KNOWN FACT THAT THE BUILDERS PLAY MISCHIEF WITH THE BUYERS AT THIS STAGE TO MAKE A KILLING.
MOST OF THE PRE LAUNCH PROJECTS FACE THE SIMILAR FATE, AS THE CURRENT PRICES ARE VERY HIGH, IF THE BUYER CANCELS THE AGREEMENT OR WITHDRAWS FROM THE PURCHASE, THE BUILDER WILL MAKE HUGE PROFITS. IT IS ESTIMATED THAT THE PROFITS ARE OVER 50% ON THE PRICE BOOKED IN 2009 AND 2010.
THE BUYER/BOOKIES ARE IN CATCH 22 SITUATION, IF THE BOOKING IS CANCELLED, THEY LOOSE NOT ONLY THE INTEREST AND ALSO 10% TO 20% OF THEIR INVESTED OR PAID MONEY AND THE BUILDERS USE IT FOR THEIR BENEFIT.
ANOTHER FREE LUNCH PROJECT (MEGA PROJECT) WITH REGULAR ADVERTISEMENTS IN NEWSPAPERS AND IN ELECTRONIC MEDIA IS TRAPPING MANY GULLIBLE INVESTORS AND BUYERS WITH COLOURFUL BROCHURE AND SWANKY OFFICE BUT WITHOUT CLEAR TITLES, APPROVALS AND LITIGATIONS.
ALL THESE PROJECTS HAVE BEEN APPROVED BY MAJOR BANKS, EVEN THOUGH, THERE IS VIOLATION, DEVIATION AND LITIGATION BOTH CIVIL AND CRIMINAL.
IT HAS TO BE SEEN WHETHER THIS WILL BE ANOTHER SUCCESS OR FLOP.
THERE IS NO FREE LUNCH, THERE IS ONLY A PRE LAUNCH, ONLY FOR THE BUILDERS !!!!!!