GTM Builders & Promoters Pvt Ltd — Real estate

Address:Dadra and Nagar Haveli

I have been cheated by an unscrupulous builder in New Delhi M/s
GTM Builders & Promoters Pvt Ltd.
GTM HOUSE
G-5, Pushkar Enclave, Outer Ring Road, Paschim Vihar, New Delhi 110063, India.
Phone: 91.11.42331133 , 91.11.45314531

I, Hari Kumar residing in Kerala now, would like to lodge a complaint against a builder company ( GTM Builders & Promoters Pvt Ltd. represented by Mr Gautham Kumar (Chairman) and Mr Thushar Kumar (Managing Director)

Their proposed project ' a commercial plot' which was scheduled to come up in Jaipur.

In the year 2008 when I was working in Delhi, I had paid them 5.65 lakhs in two installments to book 100 sq ft of commercial plot which was proposed to be developed by the said builder . I am having the copies of the receipts. For the next two years I was given a rosy picture of the project and the presumptive profits I would make in the event of a sale and by means of rentals which could be shared with GTM. In the year 2010 I got transferred to Kerala where I am living presently with my wife and two children. In the year 2011 September when I inquired about the project, I was really shocked to hear that even they did not obtain the approval and no activity was being carried out there.

Hence I decided to withdraw my my booking and get back the money. Now they started arguing that they would give me only three lakhs eighty five thousand (3.85 lakhs only) sticking on to a point in the contract that seller has a full right to refund after deducting ' TRANSFER FEE OF SPACE TITLE' .Here in this case due to their failure only project did not take off and I have nothing to do with that. They have neither transferred any title or shared any profits accrued. Hence why should I suffer a loss? Why should I stand to loose the money paid to them anticipating a profit out of the investment ? They have been paying me a monthly interest of 8.5% (bank interest) for the total amount. How can they deduct the money when I could have earned this money if I had invested the same in a nationalised bank. On this flimsy excuse I do not want to loose the money invested. Do they mean that buyer has no right on the bank interest being paid by the builder / seller.

Thanking you

Kindly revert to me ASAP with your procedure for filing a complaint through this forum.

regards
Hari Kumar
Nandialath House, West Padakulam
Kodungallur P.O
Thrissur Dist.
Kerala -
Tel: +91 [protected]
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gtm — rtc heavy poluted buss and jeeps

Dear sir,
i am a hotel executive and always in milky white shirt what i wear.
my rotune way is lakdi ka pool to ameerpet there is heavy poluted gov busses nobudy least bother to take care when v comllain about this city trafiz cought to small vehicels may i know (why), , , , , , , like this.
i strongly belive concern peopel will definetelt take this matter seriously.

GTM — Very worst

Speed fit do not buy this product really I tell u he has given some other product to us when v try 2 call thy r not responding .once called fom other no he talked so rudly 2 us .he said that do what ever like I will cheat people so what .really i was amazed to hear this words.Pls customers be aware of frauds like this.
GTM teleshopping company is not providing full detail regarding their refund process. and when you want your money back because of ineffective performance of their product, then their customer care trying to convince me pls sir use this product some more days. so this is unethical. So, do not use GTM TELESHOPPING product...I really want to thank consumer complaint.
I have also problems with GTM...
The GTM Customer Care Team Is Happy To Be Of Assistance.

We always aim at having happy and satisfied customers because we believe in building relations.

We always try to give the best output to our customers because each day of our lives becomes our memory and your family memories deserve to be nothing less than the best. We believe in serving with honesty and conducting our business in a transparent, ethical and trustworthy manner.

And to keep you, our valuable customer, updated about our activities of offering you unparalleled services, we present our dedicated customer relation centre to handle your queries on anything related to your GTM property.

Whether you have complaints related to collection of installment amount or issue of the receipt or deposit of the agreements or application forms at the time of allotment we make sure you are attended to at the earliest.

An in-house call centre is setup to handle all your queries and complaints in 168 Hours, the customer care team working hours are: Monday to Saturday 10.00 AM to 5.30 PM.
GTM Group are pioneer Real Estate Agents in Bhagalpur, Builders & Promoters in Bhagalpur, Real Estate Consultants in Bhagalpur, Commercial Properties in Bhagalpur, Builders in Bhagalpur, Properties in Bhagalpur, Real Estate in Bhagalpur, Malls in Bhagalpur
https://www.youtube.com/watch?v=UlZFDlrpEYI

watch the above link
I, Hari Kumar residing in Kerala now, would like to lodge a complaint against a builder company ( GTM Builders & Promoters Pvt Ltd. represented by Mr Gautham Kumar (Chairman) and Mr Thushar Kumar (Managing Director)

Their proposed project ' a commercial plot' which was scheduled to come up in Jaipur.

In the year 2008 when I was working in Delhi, I had paid them 5.65 lakhs in two installments to book 100 sq ft of commercial plot which was proposed to be developed by the said builder . I am having the copies of the receipts. For the next two years I was given a rosy picture of the project and the presumptive profits I would make in the event of a sale and by means of rentals which could be shared with GTM. In the year 2010 I got transferred to Kerala where I am living presently with my wife and two children. In the year 2011 September when I inquired about the project, I was really shocked to hear that even they did not obtain the approval and no activity was being carried out there.

Hence I decided to withdraw my my booking and get back the money. Now they started arguing that they would give me only three lakhs eighty five thousand (3.85 lakhs only) sticking on to a point in the contract that seller has a full right to refund after deducting ' TRANSFER FEE OF SPACE TITLE' .Here in this case due to their failure only project did not take off and I have nothing to do with that. They have neither transferred any title or shared any profits accrued. Hence why should I suffer a loss? Why should I stand to loose the money paid to them anticipating a profit out of the investment ? They have been paying me a monthly interest of 8.5% (bank interest) for the total amount. How can they deduct the money when I could have earned this money if I had invested the same in a nationalised bank. On this flimsy excuse I do not want to loose the money invested. Do they mean that buyer has no right on the bank interest being paid by the builder / seller.

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    Gtm Builders & Promoters Phone
    +911145314531
    +911142331133
    Gtm Builders & Promoters Address
    GTM House, G-5, Pushkar Enclave, Outer Ring Road, Paschim Vihar, New Delhi, Delhi, India - 110063
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