Supertech — Regarding unfair penalty imposed by Supertech Limited

Address:

Meerut, Uttar Pradesh

Me, Nitin Verma heard a lot about Supertech Limited and that is why we invested out money in Green Village, Meerut Project and booked one Flat in Tower-E (1103) in First Quarter of 2012. We paid all as per the schedule except one demand of Rs. 1, 64, 000 and for which I am ready to pay the interest as well. Here I would like to tell you that because I chose Down Payment Mode I had to pay 80% amount within 60 days. I submit all required documents to bank on time but the disbursement of amount made in Jul’12 because papers of Project Insurance were made available by Supertech in Jul’12 only and during the period I was in continuous touch with the local Supertech Team and they told me we will not penalize for this delay. Although for my satisfaction I wrote this thing to Supertech Headoffice as well at [protected]@supertechlimited.com on 11-Jun-2012. On 13th Mar 2015 we received possession letter from Supertech where Penalty of Rs. 1, 97, 000 was imposed to us. Till today I was following with Mr. Arun & Mr. Navneet Teotia, here I would not like to mention that how many time I visited/call them and how many time they responded and responded in what manner. They assured me that the penalty will be settled and day before yesterday they told me that only 50% of penalty can be settled, I was agree on that because I need flat to shift immediately but today I get final settlement letter from Mr. Arun in which only Rs. 48, 000 settled. Supertech is such a reputed & extreme orgainsation and I believe that my issue will be taken up on priority to resolve.