[Resolved]  Deccan Properties, Bangalore — Non-refund of advance money paid and failure to register the promised property

I booked a 2400sq. ft. land in the Daffodils project in Sriperumbudur in January 2008 when Deccan properties confirmed that they have the panchayat approval and were just awaiting the DTCP approval. I paid an advance amount of Rs. 3 lacs and they promised to have the land registered to me in a few weeks. I also received a letter from Deccan in June 2008 stating that the plots are ready for registration and till now nothing has happened. After a lot of follow up, Deccan properties issued me post dated checks refunding the Rs. 3 lacs along with interest of Rs. 72, 000. The checks were all dishonoured and it looks like Deccan properties has opened accounts in quite a few banks just to issue checks and all the checks are being returned for insufficient funds. They have closed their office in Chennai now.

I live in US and went to Bangalore and located their office and had to wait for hours together to meet Mr. Venkat Goutham. After a long wait of 5 hours in their office, got to meet Mr. Venkat Goutham and after a lot of haggling he gave us a new set of checks for Rs.3, 72, 000 payable in 2 instalments and the first check has been dishonoured. He then came out with a new brilliant idea of giving us plots somewhere else which is about 12 kilometers inside from the main road. And of course, this is in collaboration with his friends in Chennai who say they are trying to help Mr. Venkat Goutham. I have been begging them to just give me the land for the Rs.3, 72, 000 they owe me, but they say that they need cash flow and we cannot register anything less than one ground and we have to pay the difference of another Rs.5, 00, 000/ . There is no one responsible in that office who would even respond to our phone calls and all emails that we send are returned undelivered.
I hope the consumer complaints authorities takes appropriate steps to help me get back my money.
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Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 


[email protected] — booking a site with deccan properties


I am writing this complaint to help some of the innocent people.

I have booked a site in urban woods project of the deccan properties.
I have paid 3 lacks as an initial amount which 30% of the total cost of the site.
They have promissed that site will be ready for registration with in 6 months.
They did even start the layout work after 6 months.

I had asked for refund, they gave me checks for 3 times all of them were bounced.

Now, Gautam (owner of deccan properties) does not even pick the phone.
He keeps chaning his phone numbers.

Deccan properties is a *BIG* cheating company.

I bought a plot of 2400sq.ft under Money Back Offer from Gem Properties - Chennai, Which is a branch name of Deccan Properties in Chennai. On 18th Aug 2009 i received a letter from Deccan Properties stating that their office has been shifted to bangalore and regarding the MOU contact immediately to their office on number[protected] . I am trying to contact them for the past 7 days but unable to reach them.

Now I feel very disappointed by their behaviours after reading the complaint from Mrs. Revathy Rengarajan about deccan properties and their acts towards the refund of money.

Those who read this message can approach me on mobile [protected] to fight together to get back our money and make awareness among the people .
I concur with views of Mohammed Shamshuddin and Revathy. I along with friends and relatives have paid in all INR 9, 00, 000.00 to Deccan properties and as of today neither we have received the money back nor the land is being registered. I see Mr.Venkat Goutham as an unprefessional business man with absolute no honesty and integrity. In my opinion the best option availalbe for us is to take a legal actoin against Mr.Venkat Goutham.

Shri Sailesh
Hello All,

Please join the google group from where we can discuss in detail how we can take up this deccan properties.

Google Group Name: fight-against-deccan-properties

Just to let everyone know the site that Deccan is offering is not at the same location and definately not with the similar facilities as mentioned. The site at Sri Perumbudur might not be more than 150 what made it 300 is the facilities. So even if they are offering the plot at different site it will not be with any facilities so it will definately not worth the money.

The Indian legal system says that if the Builder is not delivering as promised we can get the money refunded.

Please join the group and we will get together and discuss.

I am in the same boat as you. I booked 4800 sqft and paid 7.2 lakhs as
advance. I know 3 of my friends also are in the same. We will join you
to fight to get our money back or get the plots registered anywhere in

Hello Amit - I just joined the google group, fight-against-deccan-properties. Thanks for starting the group.
Thank you creating this group. I was also planning to do the same. I will join the google group today and also request my friends to do it. I hope something positive turns out of this.
Let us all present the cheques first and then send him a legal notice . No point creating blogs. Let us get down to action. Mr.Venkat Goutham is genuine fraud.
I too booked a 2400 sqft plot. After repeated calls and visits to the Deccan Properties office at Chennai(which is closed few months ago), the cheque was given and when i deposited the cheque and received a reply from the back as "Insufficient funds". Guatam venkat was just buying time to keep us at bay. I think it is time to take a legal action against Guatam Venkat.
we will have to fight aganist this kind of robbery. Please let us all join and fight for our land or money. let them give our money back if they cant give us the land. such unprofessional set of people. i gave 9 lakhs. its not simple money. i know all o[censored]s who has commited must be has the same feeling. so lets be together in this mission . hope we can WIN...
I dont live in India but am willing to support in any way I can. Please let me know if someone is willing to take the lead and proceed with this legally.

Thank you.
I and my father had booked three plots(1500Sqft each) by paying approx.9 lacs as advance. There is no sign of refund or allotment of plots. Now, the office is shifted to the terrace (I visited the office a week back on a saturday afternoon..., the office was locked). Can we all come together and decide on what we have to do now...
I had booked a plot with Deccan properties from Dubai (Urban Woods, Bangalore), when this Gautham came to dubai for a property show. Thanks God, like a sixth sense worked i cancelled this in a week and i telephoned my bank to not to proceed the cheque i issued to "deccan properties". Immediately my bank in India took action they did not proceed it. Then i informed Venkat Gautham to cancel my booking. I worked quickly. Now after i saw all of your comments, i really surprised and thanks God to saved me from this fraudsters.

Don't forget to join the google group, fight-against-deccan-properties, if haven't yet.
This will help is fight it out together.

thanks for informing about dis group, v r unable 2 locate him in person or any legal registration being done at deccan urbanwoods at bangalore . hope our group co ordinated effort may succeed in getting back our invested money at the earliest.
We bought 2400 sq ft land in Chennai. Last year when we visited India, we did hunt for the site but could not find any site with any board. We did get little suspicious and visited the office in chennai. But as everyone said Goutham did not show up and we waited for one hour and left without meeting Goutham. Then we came to know from our friend that this guy is a fraud. I got sharnaya's phone number and spoke to her couple of times but no luck. she said she was incharge of Chennai but she doesn't know anything. Overall i just want to say Goutham did plan really well and targeted the IT and NRI. Being educated still we got into this trap. I will join the crowd to fight against him before he absconds.

Thanks !
Good Luck !
we have booked a plot in deccan..! 2 days back, I had spoken to Mr.Uday..! Past 2 yrs, they're singing same lyrics..!

I think, no use if calling them..!
I booked a plot (1500sqft) with Deccan Properties for Urban Woods project. I gave around 3lakhs as advance. We keep on meeting regularly. Same exceptions. They are giving my advance back or not registering the site.
I agree, and am in for appropriate action to get back money...I had paid 2 lacs for daffodils.
Hello All,
I have booked in daffodils in May 2008. After many followups the cheques issued but as usual got bounced.
They mentioned about a meeting for Daffodils in Jan 3rd week. But there is no formal communication about the time and place.
I am not sure if others have received the formal communication about the meeting.

Can anyone please confirm if the below address is correct. Is deccan properties still functional in this address.

New #8, #8, Nithin Arcade
1st Floor
Ramurthy Nagara Main Road
Bangalore -560043

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