Piyush Group Bhiwadi — Not refunding money - project cancelled

Address:600005
Website:www.margswarnabhoomi.com

I booked a flat at Marg Swarnabhoomi(SEZ) (http://www.margswarnabhoomi.com/)situated in ECR in 2011. The project is by Marg properties(www.margproperties.com). I booked a 758 sq.ft flat in Maha Utsav, one of their residential projects.
Due to issues in getting approval and also due to lack of funds few residential projects(Maha Utsav, Aayush and Four Seasons) were first stopped and later completely dropped. The flat booked on !9th AUgust 2011 was a 758 sq.ft flat in Maha Utsav, one of their residential projects.
After the cancellation of the project, the company made fake promises of returning money asap but failed to do so.

In reference to the agreement, the total value of the flat including covered car parking was Rs.14, 18, 850/-
Out of which I've paid 42.621%, i.e, Rs. 6, 04, 733/-
The split up of the payment is as follows:
I. Booking Advance: 50000
II. 15% :151578
III. 10% :134385
IV. 20% :268770
Total :6, 04, 733

For requesting refund I went to their office at Kottivakkam, OMR which is far away from my home. The staffs are all irresponsible and the only reply was that they don't have money to return.

Later they once again made a fake promise of compensating with a land equating the amount we paid but fortunately, I learnt that the land is neither DTCP or CMDA approved, added to that the real sq.ft rate was much lower than what they claimed.

I sincerely request National Consumer Complaints to resolve this issue and help in getting back my money with interest.

Please help me.

Yours,
Narayanan K
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Piyush Group
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    28%
    Complaints
    53
    Pending
    0
    Resolved
    15
    Piyush Group Phone
    +91 11 4167 6809
    +91 11 4167 6801
    Piyush Group Address
    A-16/B-1, Mohan Co-Operative Industrial Estate, Main Mathura Road, New Delhi, Delhi, India - 110044
    View all Piyush Group contact information