[Resolved] Supertech (Builder) Ltd. — Return On Investment (ROI) cheques | |||
Dear Sir / Madam, I have booked a Studio Apartment in SUPERTECH upcoming project CZAR Suites, Greater Noida, on behalf of there commitement that they will give me "Return on Investment" cheques for repaying the monthly EMIs to bank, only after releasing 95% of the flat payment, now I have already made 95% of the flat payment by mid Nov'11 and I am following up since 2 month for getting the ROI Cheques, there responses so far are as follows ABHI 4-5 DIN AUR LAGENGE BOSS BAHAR GAYE HAIN SIGNING AUTHORITY NAHIN HAI HUMNE TO NAHIN BOLA THA KOI ROI CHEUQES DENGE MERE PASS TO CHEQUE BOOK NAHIN HAI JO PHAAD KE DE DOON AAP GALAT AADMI SE BAAT KAR RAHE HO CUSTOMER CARE MEIN PHONE KARO My one Home Loan EMI is already running, and affording a additional EMI of Rs. 14k per month really not possible, which is hitting the home budget very hard. Pls. suggest the way forward asap. Thanks Akshay Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 8 Comments | |||
Comments
my unit no. is 1205 / S-2 (CZAR suites socrate 2), all formalities and 95% payment is already done for gettting the ROI cheques. Look forward to see it happening now.
Dear CRM, SUPERTECH,
I am yet to hear something from your end on above request and the worst part is your accounts people have stopped responding me on telephone calls, they are simpling not attending my calls, today I have wrote a mail to [protected]@supertechlimited.com as well for your early response.
Today I have called up at your Toll Free customer care no. @[protected] and again got 1 more telephone no. for followup for ROI Cheques and same case, even that guy is not attending the calls on mobile.
CAN YOU PLEASE REACT TO THIS SITUATION AT YOUR EARLIEST.
Thanks
Akshay
I am yet to hear something from your end on above request and the worst part is your accounts people have stopped responding me on telephone calls, they are simpling not attending my calls, today I have wrote a mail to [protected]@supertechlimited.com as well for your early response.
Today I have called up at your Toll Free customer care no. @[protected] and again got 1 more telephone no. for followup for ROI Cheques and same case, even that guy is not attending the calls on mobile.
CAN YOU PLEASE REACT TO THIS SITUATION AT YOUR EARLIEST.
Thanks
Akshay
Friend, I just came to know one more thing, that Supertech starts their projects without getting proper approval from authorities & people invest their hard earned money in those projects & got stucked. Supertech is just a real blood Sucker, god bless you for your ROI Cheques...keep following them...
From Supertech-
Dear Akshay, we have already relied you from our crm email-id, requesting you to visit our head office to help resolve your issue.(waiting for your response over their).
Dear Deepanker, we would request you not to get into any rumors, as this is never being the practise of any company.
Thank You.
Dear Akshay, we have already relied you from our crm email-id, requesting you to visit our head office to help resolve your issue.(waiting for your response over their).
Dear Deepanker, we would request you not to get into any rumors, as this is never being the practise of any company.
Thank You.
REAL ESTATE COMPANIES ON ASSURED RETURN BASIS IS AGAINST SEBI & RBI ACTS AS PER COURT ORDER DATED 29.08.2012
Division Bench, consisting of the Hon'ble Acting Chief Justice and Hon'ble Mr. Justice Rajiv Sahai Endlaw of the High Court of Delhi, on a public interest litigation WP(C) 5324/2012 filed by an investor, have issued directions to the Reserve Bank of India and Securities & Exchange Board of India to investigate against real estate companies who are inviting booking of property from the public with assured returns. The Hon'ble High has also further issued directions to take further remedial steps not only in restraining inviting booking on assured returns but also to take other action as permissible under law as well.
ORDER / 29.08.2012
1. This petition is filed in public interest. The petitioner has brought to the notice of this court that respondents no. 7 to 10, real estate development companies are inviting deposits from public with assured returns with buy back options. The submission is that the same amounts to banking activity within the meaning of Section 45-IA of the Reserve Bank of India Act, 1934 as applicable to non-banking financial corporations and is without the permission of the Reserve Bank of India as well as SEBI and cannot be undertaken by respondents no.7 to 10. It is further pleaded that not only are the said activity illegal but it is possible that small time investors having limited funds would be duped by such companies.
W.P.(C)5324/2012
2. We find that the petitioner had sent a representation to the Reserve Bank of India and SEBI only on 10.7.2012. Learned counsel for SEBI has appeared on advance notice and has submitted that on the representation of the petitioner, action has been initiated and the matter is under investigation. He has produced copies of letter dated 06.08.2012 addressed to respondents no.7 to 10 asking them to submit required documents to take further action.
3. Since the matter is already under examination by the concerned authorities, it is not necessary to entertain this stage except for directing the RBI and SEBI to conduct and conclude the probe at the earliest and if it is found that respondent no.7 to 10 are not eligible to undertake such activities, take further remedial steps not only in restraining these respondents but also to take other actions as permissible under law as well. Petitioner shall be intimated about the outcome of the proceedings of the SEBI. In case the petitioner remains aggrieved by the action taken by the concerned authorities, he would be at liberty to approach the Court.
With the aforesaid directions, the petition stands disposed of.
Division Bench, consisting of the Hon'ble Acting Chief Justice and Hon'ble Mr. Justice Rajiv Sahai Endlaw of the High Court of Delhi, on a public interest litigation WP(C) 5324/2012 filed by an investor, have issued directions to the Reserve Bank of India and Securities & Exchange Board of India to investigate against real estate companies who are inviting booking of property from the public with assured returns. The Hon'ble High has also further issued directions to take further remedial steps not only in restraining inviting booking on assured returns but also to take other action as permissible under law as well.
ORDER / 29.08.2012
1. This petition is filed in public interest. The petitioner has brought to the notice of this court that respondents no. 7 to 10, real estate development companies are inviting deposits from public with assured returns with buy back options. The submission is that the same amounts to banking activity within the meaning of Section 45-IA of the Reserve Bank of India Act, 1934 as applicable to non-banking financial corporations and is without the permission of the Reserve Bank of India as well as SEBI and cannot be undertaken by respondents no.7 to 10. It is further pleaded that not only are the said activity illegal but it is possible that small time investors having limited funds would be duped by such companies.
W.P.(C)5324/2012
2. We find that the petitioner had sent a representation to the Reserve Bank of India and SEBI only on 10.7.2012. Learned counsel for SEBI has appeared on advance notice and has submitted that on the representation of the petitioner, action has been initiated and the matter is under investigation. He has produced copies of letter dated 06.08.2012 addressed to respondents no.7 to 10 asking them to submit required documents to take further action.
3. Since the matter is already under examination by the concerned authorities, it is not necessary to entertain this stage except for directing the RBI and SEBI to conduct and conclude the probe at the earliest and if it is found that respondent no.7 to 10 are not eligible to undertake such activities, take further remedial steps not only in restraining these respondents but also to take other actions as permissible under law as well. Petitioner shall be intimated about the outcome of the proceedings of the SEBI. In case the petitioner remains aggrieved by the action taken by the concerned authorities, he would be at liberty to approach the Court.
With the aforesaid directions, the petition stands disposed of.
Dear Customers,
Greetings
We would personally like to resolve your issues, for the same we request you to either visit our head office between 10:30am till 5:30pm from Monday to Saturday or write us on our official mail ID for ie. [protected]@supertechlimited.com.
For future reference - You can call on our toll free no. [protected] or[protected] to help resolve your issue.
Regards
Team CRM
Greetings
We would personally like to resolve your issues, for the same we request you to either visit our head office between 10:30am till 5:30pm from Monday to Saturday or write us on our official mail ID for ie. [protected]@supertechlimited.com.
For future reference - You can call on our toll free no. [protected] or[protected] to help resolve your issue.
Regards
Team CRM
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I had only option either i have to pay rest 35% from my pocket or cancel the flat, but despite false commitment supertech's one of so called agents (brokers) told me that they will take 3-4 months to give booking money back & also after deducting 15% out of it. Then i had to sale it to some other guy, now i just heard, that guy is also facing the same situation. Nobody gets assured return cheque yet.
I am happy that i came out from this luckily & took decision on time to sold it out. But one thing is common, supertech has very bad customer care & after sales service. After taking booking amount they treat customer's like beggar. They forced them to wait in their office for hours & even no senior is ready to greet your request.
Friends, my suggestion is to avoid this builder like plague. Don't ever, ever invest into it. Otherwise you will get worst nightmares of your life.