One Bangalore based Builder developer company is creating havoc with gullible customers. These builders run 3 companies headed by 2 brothers, who are handling the operations. First they have one company called XXX Dwellings. They started projects in that company. XXX Calyx is one of the projects in Hebbal. They did not complete the project. There is no BWSSB connection, No A Khatha/Completion Certificate, No Club House and many other things still pending. They sold all the flats in this project. They did illegal construction also to make more money. They built flats in the area which was designated for Club House. Every possible tricks to make money is used in this project. After collecting all the money and the funds from everyone, they have abandoned the project completely. More than 60 people have invested in this project and are staying in the most pathetic conditions with danger on their heads all the time. Now these customers are so fed up they are ready to collect more money and get the works completed by their own. Crores of rupees collected by the builders for all these facilities is lost. No one can help. The builders are so notorious. The builder started a new company in the name of XXX Estates and they transfer their new or upcoming projects to the new company from XXX Dwelling. These projects are XXX Crest in Kogilu and XXX Classic in Rammorthy Nagar. God knows what will be the fate of these projects. The builders like these find new companies and cheat people and make their money. Both brothers fond of living extravagant life style in public money. They have luxurious lifestyles with many cars, servants, etc. They have large get away homes nearby Bangalore. Lots of properties in some hill stations near Bangalore. Now they are starting one more new company with all Dubai money. If customers speak anything, then they like to give trouble by cancelling booking and not paying back amount. They also scare by saying that they are big people and these few lakhs means nothing to them. If civil suit or legal procedure is done then the person who will suffer is the customer. They will sit back and laugh. They have clout with police, politicians, local goondas, etc and also with the builders association. Sometimes they also use threats of Dubai based links.With such people no one has courage to come in open and fight.Watch out before you trust these smooth talking people and invest your hard earned money in any of the projects promoted by any of their companies. A crow with peacock feathers will still be a crow only. These brothers will face the wrath of their God and the curse of the many people whom they have cheated.
Until Our politicians think of their personal benefits and if the police security system forget their duties, no any common citizens like us can stop this kind of rackets unless keeping safe our self being consciousness about the facts and safety measures... Please go through this....http://www.indusladies.com/forums/money-matters/234423-planning-buy-property-must-read.html#post2992748