Dreamz Infra India — The builder is not refunding the money paid for cancelling the booking of a flat as per agreement

Address:560032
Website:www.dreamzinfra.com

Non-payment of Refund amount with interest due to cancellation of Flat booking. My sister had booked a prelaunch flat on August 2013. The builder promised to deliver as per agreement on 2014. However, the builder did not honor the agreement. We asked for cancellation at the end of November 15 as the flat completion due date went beyond even after extension. There was hardly any progress. They gave a post dated cheque for 3rd March 2016 to refund the amount that is around 7.5 lakhs. When we went to process the cheque, they said they do not have funds and pleaded not to process the checque. They gave us an assurance letter that they would provide draft on 16th April with the entitled amount as per agreement. However, they did not do so. They again gave a new assurance letter that they would refund in installment every monday (1 lakh). They gave the first installments on monday two weeks back. Henceforth, they are not returning the money as promised. They have lied to us. They are rude to us and mentally harassing us. Now they are not accepting any phone calls They are not willing to give us our own money with interest. What legal action can we take ? Please help?
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Dreamz Infra India customer support has been notified about the posted complaint.
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Hi,

I am facing same issue, we have to fight this legally, if you are ready.
Some common complaints from many of the customers:
i) They are rude to & mentally harass customers for payment.
ii) they do not accept any phone calls.
iii) They threaten that the money will not be refunded and ask us not to present the cheques to bank for remittance.
Hi Guys,

Me too facing the same issue. I have booked the Shloka-1 Project by Oct 2013 stating that Project will be handed over by 2015 1st Qtr without any delay since considering maximum time period of 20 months. As of now there is no sign of project start up. At start of this year i was able to communicate to their mangement persons (GM & DGM - got their number after frequent fight with their Customer representatives), tried convincing a lot since am an NRI. Stated they will start to pay me the Renatl of 1% to the amount i have paid so far from Oct 2015 on quarterly basis. But after that there is no repsonse for my Calls as well E-mails. When i have contacted the Customer Representative (almost 10 persons has been changed within time of booking till date- there is no proper single focal points) & asked for cancellation, she too tried convincing me alot stating the project will start within two months(May or Jun) withoutfail since all the clearance are ready from Govt. At point of time she knows that am not convinced, she has informed that they can arrange for Project Cancellation and able to take a Cheque to the entire amount on my next visit to INDIA ( to their office).

But the Blogs & Reviews goging through here makes me to feel that even taking their Cheque is just an piece of Paper with no value. Kinldy let us join our hands together & fight for our right & stress faced by this bullish who doesn't have any business ethics!!!

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    +91 81 9776 3336 [Corp Office]
    +91 80 2550 2241 [Corp Office]
    +91 81 9770 3339
    Dreamz Infra India Address
    #577/B, 2nd Floor, Outer Ring Road, Teachers Colony, Koramangala, Bangalore, Karnataka, India - 560034
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