BPTP Park Elite Faridabad — Agents making a merry and consumers in a fix

Hi,

BPTP Ltd has launched a new project, Elite Independent Floors in Parklands Faridabad. The price of the house is so lucrative that I got interested. I went to one of the agents that advertised the Floor (3 BHK 180 S. Yd) for 15.36 Lacs only. They were so convincing about the property and the Payment plan and told me that they have tie ups with all leading banks and can get me a loan of 85% of the total property cost and that I will have to arrange only 15% of the cost.

I was not convinced, but also didn't want to loose the opportunity, I gave them the application form with 2 post dated cheques each of Rs 1 Lac, and clearly told them that I will confirm once I am sure that I can get a loan of the remaining amount.

The very next day, after consulting with the representatives of many finance organizations, after they told me that I can get only 75 % of the cost as loan, I told the agent not to place my booking and that I want to withdraw.

He told me that he has also got the booking logged in. I told him that I will get the cheques payment stopped via the bank and that he should convey the same to the company.

Even after that yesterday, the cheque came to my bank for clearing and it was dis-honoured, as I had already instructed my bank to stop the payment on the same.

I wish to inform the general public that it is better to go through the company directly and not through agents. I am not sure if BPTP is a group that cheats people btu their agents certainly are.

The agents are giving wrong information to the public and also telling that that they can offer the property on discounts too.

Beware aspirants...