[Resolved]  BPTP Park Elite Floors Faridabad — FRAUD BY BPTP

I want tot sell my Park elite foor. Registry Done all paper complete.
4 bhk 3 bathrooms (300 sq yd)

Address is sector 75, Q 10 FF .
1st of 2 floors
Possession: Immediate

Note: Extra work in done in terms of Security grills on all doors and windows plus prepaid electricity meter, lights, fans, geyser etc fitted.
All fittings of high quality. House has 3 Balconies and half of the roof rights, towards front.
Registry is already done on my name. So no issue related to authorization

More than 50 families already shifted in same pocket.
24 hr power backup.

contact me at [protected]@gmail.com

Dear All park elite floor faridabad allottes

All o[censored]s must join hand and make a legal option against BPTP. BPTP is a cheater.
all o[censored]s write mobile no and email, so that we can communicate to each other and take proper action against the Builder.

Mishra

[protected]
[protected]@yahoo.com

Dear All Park Elite floor owners

We must combine hands to each other and take a strict action against the BPTP Builder.
He is a cheater.

we must file a case gainst him

mishra
[protected]

Hi
I am also customer of BPTP Park Elite, booked flat in 2009, paid 85% in last year june 2013.

Now they say you get possession in 2016.

I think we should make some pressure on builder, if any other friend knows something pl. tell me
Write your mobile No. and email in this post so that we all can combined/communicate for futher course of action gainst the builder BPTP.

all write complaints to Prime minister by web site http://pmindia.gov.in/en/interact-with-honble-pm/

also in the public grievance portal http://pgportal.gov.in/

flood the complaint against BPTP in all media/sources.

mishra
[protected]

Hi All,

I have booked flat (Park Elite Floor) in May 2009 in the initial booking. I have paid 85% money plus their additions I.e. area increased and money for treatment plant as well. Till date, I have noticed that there is no construction going on. My floor is in E Block, my floor is completed till the plaster. Also when I visited to the construction site, very poor quality of material has been used for construction. Brick used was very poor quality kind of class third material used and when I put my hand on wall whole of plaster come out, when I put my feet on corners of walls they were just broken. I was very surprised to see the poor quality of construction.

Also I am not sure, by when building is going to complete the project. What will happen for poor quality of material used. Also I would like to ask whether the builder is going to pay late construction penalty charges to us as per agreement. If you have any update on these issues, please share your thoughts, what should we do in such case.

Please suggest.
Anoop
[protected]

Hi Rohit,

Currently what would be the premium for 250 sq yard 2nd floor in the E BLOCK, Sector-85

Regards
Tiwari

I am interested in buying BPTP Elite floors, interested sellers can contact with me at below id by sharing flat details

[protected]@rediffmail.com

regrads
Rohtash

Hello All BPTP Customer

This message for all those who have more than one property in BPTP projects and wants go for Leagal proceedings against the Builder for Illogical, Illegal Demands and Wrong trade Practices against Laws and Polcies

I know some customer with similar situation, abd wants unite other customer & Form a group to to prevent Illegal Demands and Harrassment by BPTP and planning for legal proceedings.

Pl. contact my self[protected]

Regards
Deepak Yadav
[protected]@rediffmail.com

Hello,

Kindly contact me in case of fighting legal battle against M/s BPTP Limited

Regards,

Harsh Parekh
Advocate
Email : [protected]@gmail.com
[protected] (M)

Hello,

I have an elite floor property situated at sector 85. And my situation is similar to the other buyers. I have paid 85% of the unit. And builder notified that they will offer the possession in 2017. It seems, BPTP is not going to offer any possession. Anyone please advise and add my email on the elite floors group. [protected]@gmail.com

Thank You,
Raj

Wanted to sell my BPTP Park Elite Floor located in L Block. Interested buyer may call [protected]

Hi ABINASHI,

Please add my id at your group: [protected]@yahoo.com

regards
Shrikrishna Singh

Let's create a Whts App Group to share information and proceed for joint action against BPTP. Please share your number...Or if any other group is made than please add me [protected].

Thanks,

Yash Menghani

Please check the recent news http://timesofindia.indiatimes.com/city/gurgaon/Flats-due-in-2011-over-300-buyers-still-wait/articleshow/51640913....⇄ .

BPTP FRAUD
I have booked a BPTP Park Floors 3BHK Flat at Sec88 in 2009, after few months they have conducted 2nd draw and they shifted my flat to Sector-77 because they said we can't give you flat in 88 bcz of all units full. They commitment of giving the possession of the home within 2 Years but still in dark and home price is also increased by giving the other legal excuses. I have paid almost the amount of 90% payment and i am still in dark don't know that what to do, even they always said in coming next 6 month or 12 Month. When I have asked about the penalty clause they didn't reply anything. BPTP is fooling us and not giving us any valid reason for delay, They are big cheater. I didn't get my home possession and they asked for more one year. I don't know their intension.
Please let me know some lawyer contact number, with whom I can liaise and file case. Let's do something!
(Kindly advise me how I get flat from BPTP)

Thanks,
Sunil Sharma

HELLO

I also have a Floor booked with BPTP in Sec 77 PE block since 2009 and have submitted more than 80% payment and still we are not getting any news about the Project. From past 2 years there has been no construction is going on the site. Customer Support of BPTP is not able to give any date for project completion or anything related to Penalty clause. I am ready to go Legal against such fraud Builders. You People can contact me on [protected]

Thanks
Nitin Bhatia

Hello

I have also booked a flat in BPTP Park Elite Floors in 2009. No possesion or update till now. I would like to be added to the BPTP whatsapp group and get help on making a legal case on the builder.

Or if anyone interested to buy our floor its H-35.

Regards, Anubhuti Saxena
[protected]
[protected]@gmail.com

Dear Sir / Madam,

In connection to our telephonic conversation had today up to the level of Assistant Manager Customer Care BPTP.

I appreciate the patience shown by the team in line to the instructions passed on down the line by their supervisor advisor.

Accordingly, have received the trailing mail, wherein there is no firm indication as to when the aboundent project site will resume construction and subsequently the date of giving Possession to the allotted residential house will be made!!!

On our repeated request to BPTP via their Customer Care services, we are being mislead and wrongly informed about the real facts and figures related to the above cited subject in question.

We have been literally pleading to BPTP through Customer Care to provide us the alternate solution to the indefinitely delayed Project.
Unfortunately, all is in vein as if we are speaking to pre programed deaf ears.

Till date we are yet to receive concrete reply from BPTP authorities towards their Intentions pertaining to their obligations towards the commitments made to us at the time of Pre construction agreement. And there of changing the agreed parameters at their own sweet will to safeguard their personal interest hence unethically playing with our sentiments.

I as a customer, once again ask the BPTP authorities to seriously look into my sincere plea and provide me with immediate solution by allotting me READY TO MOVE IN RESIDENTIAL ACCOMMODATION AT PAR WITH THE WRITTEN DOWN AGREEMENT O[censored]NDERSTANDING.

Will appreciate your well justified response in line to my long due customer satisfaction and hence to keep up the goodwill and faith in Customer Client relations.

This is for information and suitable response by return mail please.

Regards

Rajiv Kumar Gupta
Unit No:PE - 140-SF
In BPTP Park Elite Floors.
New house address for further communication:
#547, Sector - 46, Faridabad
Haryana - 121010
(M) +91 [protected]
[protected].

[protected][protected][protected]
Sent from Yahoo Mail on Android

On Mon, Jun 6, 2016 at 3:47 PM, Customer Care
wrote:
Dear Mr. RAJIV KUMAR GUPTA,

Greetings from BPTP !

This is in reference to your teleconic converastaion with Mr. Kamal Sareen on your Unit PE-140-SF, PARK ELITE FLOOR.

At the outset, we certainly understand your concern in this matter

We understand you concern with reference to the construction and possession of your unit. We would like to update you that construction at the site will be paced up within 2-3 months' time approximately. Please note that we have started taking necessary measures to expedite the work at the site. Please note that the next demand will be raised in accordance to the actual site situation. We shall keep you posted through official communication when the next construction milestone is achieved and demand for the same is raised towards your unit.


Therefore, we would request you to kindly wait for some more time.

BPTP stands committed delivering to you and your family, a community that you will be proud of. We are deeply appreciative of you having invested with us, and assure you that you have chosen wisely to invest at our project.


Should you require any assistance please feel free to call at +[protected] or write in to us at [protected]@bptp.com. Please mention your customer code and project name in the subject line.

Thanks & Regards,
Priyanka Garg
Office Phone : +[protected]BPTP (2787)
BPTP Crest : Plot # 15, Udhyog Vihar Phase-IV, Gurgaon-122015, Haryana

Hi FRIENDS,

Please add my id [protected]@ymail.com in Buyers group of BPTP Park elite Premium Faridabad.

regards

R.K.Tewari

Hi. I'm allottee of P4-16 GF in Sec.75. I'm also in the same situation about my unit. Last month, in reply to my queries, BPTP has given me the following 'essay' to learn -


Dear Customer

At the outset, we are thankful for your continued support. The Real Estate Sector is undergoing multiple reforms and our company is also putting its best efforts to deal with the situation and match up to the expectations and commitments made to our customers.

Over the past few years the real estate markets all across India and in particular the NCR have been going through a major lull. The sale volumes across all developers and projects have plummeted to unprecedented levels.

We want to inform you that we have successfully settled our prolonged dispute with our institutional investor shareholders. Adverse market conditions coupled with prolonged litigation with our institutional investor shareholders restricted our ability to raise debt which severely impacted the delivery of our projects.

We are deeply concerned to meet our obligations to deliver your dream home as per our commitment and would like to share that we are putting in our best efforts and are hopeful that we shall be able to meet your expectations. We have taken lot off measures which shall enable us to do what we always promised to do.

We hear lot of rumors about the financial health of our company which is matter of grave concern to us and would like to dispel such rumors; it is because of this we want to place before you certain hard facts which will give you sufficient comfort that we are capable of fulfilling our commitment:

- BPTP has a net worth of over Rs.2200 Crores as on 31st March 2015.

- We have a total outstanding debt of close to Rs.327 Cr.

- Our current debt equity ratio stands close to 0.14 and is one of the lowest in the industry amongst Peers.

- We have not taken any construction debt on our launched projects during the period up to March, 2016.

- We have land bank of over 2, 300 Acres in NCR, most of which is Zoned and fully paid up.

- We have successfully delivered over 10, 000 units across NCR.

- We have receivables of over Rs.1, 700 Crores from the units already sold.

- The value o[censored]nsold units in the launched projects is over Rs. 3, 400 crores.


Customer Centric Measures

- In order to optimize our financial and management resources to complete and deliver our ongoing projects, we did not launch any new project for past three years despite having large zoned land parcels spread across Faridabad and Gurgaon.

- We conduct regular customer camps on matters such as Unit handing over, Project update, Registration process, Taxes etc.

- We shall remain committed to abide by the terms & conditions of our agreement.

- We have delivered over 1200 units in the last Calendar year which we to intend to exponentially enhance in the next 2 years with endeavor to handover the existing projects in the shortest possible time.

- We now maintain designated accounts for a number of our projects for better Cash flow management and to ensure faster deliveries.


Financial Measures – 2 pronged strategy

a) Raise Debt Capital

o We have successfully availed sanctions for construction financing loans of Rs.140 Crores for two of our projects namely Discovery Park (Faridabad) and Park Generations (Gurgaon).

o We have got another in principle sanction of Rs.280 crores for project loans and are working towards closure of the same.

o We are further engaged in discussions for raising construction loans on our other projects as well and shall keep you posted on the same.


b) Sale of assets

o We have identified over 70 acres of licensed land on which we have not launched any projects and have put it in the market for sale. We are already in talks with a few investors and are hopeful of closing multiple deals in the coming few months.


With this two pronged strategy i.e. of raising construction loans and selling o[censored]nlaunched land parcels as stated above we are very hopeful that we shall be able to complete all our existing projects at the earliest to your satisfaction and as per the specifications agreed by us.

We are very thankful for your continued support. Moving forward we will ensure that you get regular updates regarding your project.


Warm Wishes

BPTP Limited


I again shot a mail to them but, as usual no reply till now though it was sent in the first week of June, 2016.


I don't know what to do. Please share if anybody has any concrete idea.

Thanks.


Bijender Vashisht