Ajnara Homes 121 || Homes 121 || Ajnara — Extortion by Ajnara & Gulshan Homz on the name of interest on delayed payments

Address:Gautam Buddh Nagar, Uttar Pradesh

The issues buyers are protesting against Possession delayed by 2 yrs Unwarranted Interest levied without any intimation for past 3 yrs. No details/calculations provided for the extra money charged. Not paying the penalty to be paid by the builder, though mentioned in the allotment letter. Higher maintenance / power back up charges. Demanding cash without receipt for settlement. After making the payment within 2 days of receiving demand letter, still need to pay interest on delayed payment of 1L - 4L for all the buyers. Details: http://himadri-singh.blogspot.in/2013/09/homes-121-buyers-had-to-on-roads-to.htm...
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HOMES 121, Ajnara Homes, Noida, Sector 121.
Similar issue, site still not ready, the builder pushing for possesion, along with some heavy interest amount laid to all 570 phase I, owners, which either God or Ajnara Top Mgmt team only knows, how they have build up. I have recently paid visit to the site, the project for phase I will still take min.6 months to create the place for living. Their delayed penalty is at their mercy, which they are trying to work with their own formula., also size of the apartment is also increased, which has invited a good addtional burden on us. Also change in pplan, which they have build up G high rise Tower, which has hardly left any free area and I feel cheated, as I have paid PLC for floor & location.

I invested in this project because of good repot of the builder, but end of the day, they also turned out the same like other few builders... betraying trust of their investers.

My appeal to builder on few things:-
1. Interest charged to be waived completely.
2.Delayed payment clause to settled from the date of builder committment of possesion., not as per your wish list.
3.Maintience charge is on very higher sie @ 2.5 per sq ft, with no innemeties in place., ideally, it should not be more than 1 to 1.50 per sq. ft.
4.A reasoble maintience to be charged, not before 1 st april 2014, , and before that the project should be reasobale facilated, with min. required facilities for livining.
5. Pls. try to improve your tranish image, with right and honest initiatives, which can bring back the same trust.

Thanks

Mitrakant Parwal
Phase I, Block A
Hi,

This is naveen from noida, I want to buy an 2 bhk (1075 sq ft) flat for myself in Homes 121(phase 1) project. if you want to sell yours or ny one known to you wants to sell thn i can be contacted on [protected] or [protected]@yahoo.com. I dont want to buy through a broker.

Thanks

Naveen

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