Alliance Orchid Springs — Not refunding overpayment

I have booked flat in orchid springs at korattur on nov’10. The construction agreement and sale deed was made on nov’10. Total cost of the construction is rs 33 lakhs. A payment of rs 1.5 lakhs cheque no 258121 dt 08/11/10 was done at the time of booking. One more payment of rs 16, 37, 760 cheque no 258122 dt 09/12/10 was done to alliance towards construction from my savings. I was promised by their marketing person that registration will be done in mar’11.
Due letter was intimated by alliance regarding additional payment of rs 1, 48, 960, incidental charges of rs 33752 and service tax of rs 69530 towards foundation completion. I have met crm of orchid springs for cancellation of my flat as i am in need of my money and also the registration of the construction agreement was not done as promised by their sales team. Crm has said that the cancellation will attract a penalty of 15% of total cost instead i can go for home loan where i will get my earlier payed amount refunded. Sr. Finance manager also promised me that the remaining amount will be refunded to me once i get first payment from home loan. They have asked me to go to tata capital for processing my home loan. Tata capital sanctioned loan for 80% of total cost. Tata capital has released rs 7, 46, 940 cheque no 008689 and 008691 dt 30th aug’11 to alliance financiers. And tata capital has refunded rs 7, 66, 000 to me directly. Already 25 lakhs (1.5+16.37+7.46) was paid to alliance which is more by 5 lakhs than the slab payment of 20.5 lakhs for foundation completion. The remaining amount (1.5+16.37-7.66 – 6.6 (My contribution - 20%) was not refunded to me by alliance, when i approached them they are declining to refund that and says that amount will be shown as credit for remaining slab payment. While the further payment will be released by tata capital and not from my pocket, there is no reason to hold my money paid from my savings.

Please help me how could i get my remaining amount as refund immediately?
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ALLIANCE ORCHID SPRINGS — COMPLETLY UNTRUSTWORTHY - DO NOT TRUST THEM

They have not yet refunded money to those who have canceled the booking 7 months back,, some have received the post dated cheques and some bounced.

But what is most shocking with alliance group is they have never competed any projects on time... 3 -4 years seem to be the norm . People must check on these guys from the existing customers from their other projects as well as the orchid sprigs.

The are good at painting the most rosy picture and but shockingly most unscrupulous.. BUYERS BEWARE!

INCORPORATE PENALTY CLAUSE ON THEM FOR THEIR DELAYS... ( they charge you 30% penalty for delays) read their contract before you move forward
Very TRUE. I am one other affected. Do not know how to get my money back. I have booked the flat in Dec 2008 and canceled it in My 2010. Still I did not get my refund.
Hi, are you talking abt the project in annanagar, i went there to buy a flat and they are charging me Re 4200 and are saying after pongal it will be 4400. hear them say there is a lot of demand for thier flats. n also promised there will be a shopping mall, n chennai's largest club house. seeing your reply i am scared to buy there. I guess the best thing is to wait for thier completion n then buy. atleast we can save the interest from the bank.
I have equally the same problem.
May I have your phone number?
Catch them from the below address

Sai manoj namburu, managing director, 116/6, sai baba temple street,, injambakkam, ecr,, chennai, 600041, tamil nadu, india

Suneel bommireddy, director, villa #173, phase #i, palam meadows,, airporwhite field road,, ramagondanahalli, bangalore, 560066, karnataka, india

Kamalakar manjanath shet, director, 501, 05, r m v clusters, phase 2, block 1, devi nagar, r m v extn, 2nd stage, bangalore, 560094, karnataka, india. Email id: [protected]@gmail.com

Pothireddy chandrasekhar reddy, director, 8-3-1019, f no - 1a, nugget, plot no-26, srinagar colony, hyderabad, 500073, andhra pradesh, india

Photos
http://alliancein.com/alliance-builders-chennai-team/
I would definitely suggest Orchid Springss to my friend as it comes with all state-of-the-art amenities and an amazing lake view. But, one problem is that, the clubhouse is not spacious and does not have all the features as stated in the brochure. Still it is worth the investment and a great place to live with your near and dear ones.
Seems like a good project, located in the banks of Korattur lake; So I have no doubt about water scarcity. Have heard about Alliance Group’s various other projects, and that is the only issue I am concerned about. I am seeing a lot of negative reviews in other projects of Alliance; so I have to think again and again before choosing orchid springs. Can somebody help??
Orchid springs at annanagar near korattur, one amongst the best real estate developer is delaying in handing over, but now happy that though delayed, the project has come out very nice & amenities are Great. Lake is also looking super cool. A project like Orchid Springs as promised in their brochure has made it worth living for all time dream home buyer.

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