[Resolved]  Amsri Builders — Non refund of booking amount

Folks
Be careful before booking a Flat in AMSRI’s projects. They will cheat you either by not completing the project and provide all fake commitment of starting the project or by not paying your money (even booking amount) if you realised that there is no hope of timely completion of the project and cancel the same subsequently. I have experienced the same in their Bangalore project– white pearls and still struggling to get by refund of booking amount from them . I have approached to their directors also – Mr U.Srinivas and Mr Amruth Gour, post all best possible try to get my money recovered from their GM and in charge of the project Mr Sripathi but no response, no payment.

Since I have burned my finger already, please be careful before you chose AMSRI and get cheated like me.
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Aug 13, 2020
Complaint marked as Resolved 
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I have also burnt myself by booking a flat in Amsri. Guys Be aware, they are
true cheaters on this earth. Be very very aware, I would love to see their business go down, the way they have treated their customers. Make evrybody aware of this fraud developers.
Amsri is the top class fraud company. Their modus operandi is to buy lands/properties that are in litigation, bribe the revenue/municipal/local officials heavily and temporary orders in their favor, start marketing the product, sell, pretend they are building good product and vanish as soon as they see troubles. This company has no moral values. Their MD was put behind bar in a cheque dishonour case.

Upon enquiry, I found that they have not finished their commitments in their so called "prestigous" project (amsri central court in Secunderabad). It is more than 3 years that they have not provided car parking to their residents. They have constructed 155 flats where as they got approval to build ony 99 flats. The owners who bought flats in their secunderabad venture are crying and ready to chase them to hell. Amsri has not even cared to provide fire fighting equipment in this hirise building. The builders are afraid to even visit the complex.

I also learnt that they swindled their REIT fund they got from India REIT fund. Creditors are after their blood. They are in a deep financial .

If your have excess money, please donate to charity. But, NEVER do business with these crooks.
we have also lost out on the same...we have 2 checks which have bounced twice:( for the same project
Yes, totally agrred.
They are the biggest fraud in the real estate market. Sincere suggestion is NOT to go with the builder. They are expert in making N .. number of stories. Dont believe these guys. They are big *** holes.
My personal experience with them is not at all bad, and I am really surprised to see vishalk comment . It's all false and trying to pull there legs since he failed in blackmailing them .in fact vishal k wife and children abandoned vishal.k and left to there mothers house due to his saddist attitude and v v bad habits
Don't believe the person Rohit above, just check what happened to "AMSRI White Pearls" Project in Whitefield, Bangalore and you will know the true picture.
Amsri is very good company. Hoping to make a deal soon thank u :)

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