[Resolved]  Supertech Limited — Fraud and illegal interest charged by supertech ..GREEN VILLAGE

Address:

Meerut, Uttar Pradesh

i bought an property in Supertech green village G-107, Meerut in Dec 2008, as i was first time buyer and has not much idea about documents.. i booked that property in CDP plan ..they assured me that there project is approved by all authority and i can get home loan...later i was informed that there is some problem in getting approval for homeloan..so please wait and we will inform you once our project get these approval..later i found out that it was not approved by Muncipal authority of merut... Later when they provided me required document i avail the homeloan and my bank made the payment, before that i made an regular payment of two instalment on time. i was assured that there will be no interest charged by them ..now after delaying the possession for more than 4 years ..they asked me to pay 5.80lac rupess at interest of 36 % per year for not making payment according to agreement. my booking form says that if i did not make payment on time they will cancel my allotment automatically after one month.