[Resolved]  KST Infrastructure — Fraud Builder / Developer

Address:Faridabad, Haryana

Dear all,
I also have booked 2+1 BHK flat in 2006 and have paid allmost 70% amount till now. Last month I have visited at site but there is no progress. M/s KST Infrasture was supposed to handover position of flats to their customers / Investors within 36months
from the date of booking, but after completion of 72months still they are not in position to handover the flats. To see pogress at site and manpower involvement even they are not able to complete this project within next 5-6 years ?. This builder is fooling us by extending delivery / position date of flats and forcing to make 100% payment.
I feel that we should take strong action against this fraud company together, instead of going individualy.
My contact No.is 0091-[protected] & email id is [protected]@yahoo.co.in
A.K.Pandey
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Aug 13, 2020
Complaint marked as Resolved 
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kst infrastructure pvt ltd — refund of money

sir, i have booked flat in kst infrastructure pvt Ltd of 2 BHK in nov 2006 and time for completion is of 3 years but the builder is unable to complete the project as per agreement and my financer bank refuse me to pay more amount due to non progress of project now i want to take my money with interest
Dear All,

Past couple of month the speed of work at KST site is quite satisfactory. The labour count has increased and the buildings started taking shape. But there is still a long way to go. I have received couple of calls from some dealers enquiring about selling of my unit. It gave be great relief that the investment we made started appreciating now. I am not a investor and purchased this unit for my personal use. Hence, in my view this property location is one of the best in Greater Faridabad and once this project is completed the valuation of our units will definitely increase. The big advantage is its location which is on the road making it easy to commute. Also as per Faridabad master plan the road next to this project will directly connect to Yamuna Expressway which will reduce the travel time from Greater Faridabad to Noida. Also government has started taking the development of Greater Faridabad very seriously. Many Thanks to GFWA (Greater Faridabad Welfare Association) who are continously pressurising the HUDA officials and as a result the construction of MAster road and Bye Pass road are at advance stage now. Also few days back i travlled from Guragaon to Faridabad via the newly constructed six lane road through badkal chowk and to be honest with you it took only 25 mins to reach faridabad from gurgaon. Being centrally loocated, the distance from Noida, Gurgaon and Delhi is quite reasonable as compared to other NCR regions.

There are few dealers in the market who intentionally spread negative rumors about KST project and push customer to sell the unit at lower price. Few days back i received a call from delaer asking me to sell the unit. When i enquired the rate, he quoted Rs 100/sq.ft appreaction on what i booked. The reason he gave is doubtful intention of this builder and may be KST not going to complete this project. I asked him if you are aware this project is not going to complete then why you are buying this unit from me. He couldn't able to answer my query.

I would suggest to hold your unit until this project is complete. Do not do the panic selling. The future of Greater Faridabad is quite bright.

Thanks,
Ashish Kumar
Mob: +91-[protected]
KST Infrastructure Ltd

KST Infrastructure Ltd Faidabad
I have booked 2 BHK Flat in KST infrastructure Faridabad in Jan 2007. and i m very happy with
there serive . very good company
yea, you are rite . its nice company
Dear friend,
I do not understand what you are finding good about this organization...

A group of 55 allotees are strugling since past 2+ years in getting responses from this team, and unfortunately this team is not responsive!

Dont you see that this Builder is making fool from last many years??? the money we are giving to KST is simply getting invested in other project/s?

Please correct me, right now the overall status of this project is ~50% -- right!

Rajiv
[protected]

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