Dear Unitech customers, there is no use waiting for others to join and make a large group to complain against Unictech. Each one of us can do it on our own and it does not cost a fortune. It may cost you anthing between 20 000 to 50 000 Rs depending on how good your lawyer is.
When many single complain come in against this builder then the court will have to take action too. I am also one of those misfortune buyers that invested in Unitech and paid the entire money up front, , but when I realized nothing is happening I knew that even one day they start buiding it is going to take many years to complete the project. So i filed my complain against them.
They lure you in many ways:
1) Super Area. You never know what would be your super area or carpet area before you get the posession and then it is too late. They will come up with something or the other to charge you more for the super area and that means you are paying for the area that you are not using.
2) Premium location: They charge you for the location that you had to get it anyway. For example there are only 4 flat in each floor and all of them are a corner flat. So they charge you extra if you wish to get a corner flat, just think of it.
3) Payment of Rs 5 in per sqy in case of delay. Imagine how much money they get when they just put the money in the bank of fixed deposit. If they pay you Rs 10 000 a month they will receive minimum Rs 50 000 from the bank interest, so why should they finish the project??? And they will never pay you that Rs 5 either, you get the message that at the time of possession they will calculate it, so most probably they increase the super area instead of paying you a dime.
4) While most builders use almost 20 to 25 percent as super area, Unitech is the master of all, so if you just calculate the size of your carpet area by checking your map, you will find out that almost 40 percent may be a part of your wasted super area.
This is an advise to all the new home buyers no matter whom you buy it from.
a) check that all the papers are in order and all the permissions are given before you commit yourself. It is worth paying few thousand to the lawyer to check it for you.
b) find out exactly how much is your super area, parking area, balcony, and specially your carpet area. This is what we usually are intereted to pay for Carpet Area. If you know in advance then you will not be shock when you buy a 2000 sqf of flat and you only get 1100 sqf of carpet area.
c) make sure what they pay in compensation for delay. Instead of Rs 5 which is nothing ask for 10% interest rate or more from the day you signed up for the project.
d) Just get a lawer to check the contract and lock all the loop holes. These builders are very smart in writting many pages of information so that we get confuse and in the end we feel as if everything is covered up to our interest.
e) If you care please forward these information to everyone you know so that others should not be lure. And when this happen they have to come with our laws and regulation if they want to sell something in this market.