[Resolved]  Lodha Builder — Lodah Builder doing Fraud with Homebuyers

Address: Thane, Maharashtra

For Lodha Splendora -- Tierra Wing A, B and Cielo Wing C,D

After investing money for more than 4yrs in Lodha Splendora (Casa Univis / Codename: Dawn), the home buyers are getting this letter from Lodha providing option for cancellation or to further wait for 2 years after TMC approval date (which nobody knows and Lodha could not get it for last 4 years)
This seems to be a perfect cheating with homebuyers in pretext of buying back the property at low cost and selling it to other customers at 300% high rates. This issue had affected more than 200 buyers of Lodha Splendora. Just a word of caution to all prospective homebuyers with Lodha. PLEASE DO NOT INVEST IN UNDER CONSTRUCTION PROPERTY OF LODHA.

[protected][protected][protected]--Letter from Lodha[protected][protected][protected][protected][protected][protected]-------

We truly appreciate the fact that you have waited patiently and reposed your trust in our organization. We recognize that you would be keen to understand the options available to you at this point in time in relation to your booking. We are pleased to offer the following alternatives to you at the point in time:-

a) Cancellation of your booking at Lodha Splendora - We will refund all monies paid to us towards consideration value along with simple interest at 12%

b) Continuing your booking – You may continue with your booking in Lodha Splendora with a revised fit-out possession date which would be of approximately 22 months from the date of receipt of approvals of your building and no interest of any nature whatsoever shall be payable on the amounts paid by you for delay in possession.

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Lodha's trying to runaway from their commitments and cowards are affraid of paying interest or penalties to homebuyers for the delay caused.
I am one of the victim of this project and every other 200 homebuyer has a story with Lodha on their fight against this injustice.