[Resolved]  ND Developers Pvt Ltd — ND Developers Stealing Booking Amount

Address: Bangalore, Karnataka

I had booked an apartment in N D Laurel, Varthur road (B Block #103) on 28 Feb 2013. I paid RS 1 Lakh as the booking amount. I paid the booking amount only because their sales agent insisted that they will give the agreed rate of 3600 per square feet only if I make the payment.
Thereafter, I went for Legal scrutiny of the documents related to the property. On careful legal scrutiny by one of the expert advocates, I received advice not to purchase the apartment.
Here is a short summary of the property (235/5 Gunjur Village, Varthur Hobli, Bangalore East Taluk) where the apartment complex is built:
The property belonged to Thimmaiah and wife Lakshmamma (in 1944). Thimmaiah and Lakshmamma had four Sons: Appi Reddy, Mari Swami, Venkata Swamy and Krishnappa. Through an unregistered Will dated 1962, Lakshmamma gave the property to Venkata Swamy. The property was mutated in the name of Venkata Swamy in 2006. Suresh Reddy, Son of Krishnappa reddy filed an objection and was settled in 2007. ND developers entered in joint development agree ment with Venkata Swamy.
As per the geneological tree (certified by Village accountant) Appi reddy expired before marriage, Mari Swami & wife had no children and are also expired. Krishnappa redy's only son Suresh Reddy entered a settlement with Venkata Swamy. In summary, Venkata Swamy's claim to the land is the unregistered will in 1962 and that there are no other survivors other than Suresh Reddy.
The expert advocate easily detected shaky grounds of the documents and strongly advised against the purchase.
For a second opinion, I approached another advocate. After a few days of thorough scrutiny, that adovate also reached the same conclusions and suggested against the purchase.
As a customer, I have the responsibility of legal scrutiny and have the right of choice whether to purchase or not.
So I wrote a cancellation letter to ND developers. After a few days I got an email back from their customer relations manager. The email says that as per the document I signed at the time of booking, they will charge 50 thousand as cancellation charge. In addition, the remaining 50 thousand will be paid only after they find another customer for that apartment.
This is clearly a total violation of customer rights. First off, they are selling something without the proper legal rights and they are charging me a hefty amount for something I didn't buy!
Therefore, I request ND developers to give me the full refund of RS 1 Lakh
No money is returned from ND developers so far.
Readers, be very careful dealing with ND developers.
More Info: http://tinyurl.com/ndcheat
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Aug 14, 2020
Complaint marked as Resolved 
 
2 Comments

Comments

ND developer - a fraud builder who never completes a project and give you an excuse that they don't have money to complete the project . Visit ND passion on harlur road, Kudlu -560068 and see yourself .
They will promise you to deliver paradise and what you get is worst than hell . So be careful before giving your hard earned money to a builder like ND developer
- saurav
After sever failure to deliver all their projects, these frauds have changed the name to nd gladstone. They have only few projects in bangaore and all of them are illegal. They interfere into disputed properties with the help of some goons and local politicialns and construct their apratments and all the trouble later comes as a burdon on the buyers. Please stay away from these frauds. Nayeem durani is like a modern day muhamed gazni.. Looting all the way... Shameless creatures they only dress like civilians and only whenever they open their mouths. All of them in their clan is a wolf in the human hide. 0% professionalism and 100% goondaism is what one can expect form here. A lot has already been told about them therefore, getting into this filthy ditch is no more any ones business. Be careful about "nd gladstone"

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    ND Developers Pvt Ltd
    Bangalore
    Karnataka
    India
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