The Ferrous launched a scheme of Villa in Phase -II Sec 89 Faridabad in Jan 2008, where it has now launched Beverly homes floors. As per the company terms I paid 30% of registration money by May 08 and I was issued allotment letter. Since then the company has changed its site plan, villa plan etc three times and issued fresh allotment letters each time, the last one in Aug 09. As it is nearly two years, the company is not in a position to show approved plans etc. and enter into buyer/seller agreement, I have asked for refund.
As per the terms of regstration, the company is supposed to refund the registration money if it didnot do allotment in one year of registration. Now, when I ask for refund of money as they have not honoured their ealier allotment, they are are saying we wonot because we did allotment in one year. Whats is aunthenticity od such allotment which compnay itself has not honoured.
Pl. suggest me the neaxt course of action/step so that I can get my registraion money as well as the interest from Ferrous.
My experience shows that Ferrous is not reliable in any way for doing any dealing with. Was this information helpful? | 
