Lodha Group — Charging of interest without giving proper documents for loan sanctioning

11 Reviews
I have booked flat in Platina bldg C-504 in CasaBela Gold. The sequence of events is as foll:
1) intimation recd for attending registration ( no choice for location of regn., date etc) on 25th June11
2) Regn done on 25th june'11
3) Demand leter dt.18.June recd on 22.6.11 recd to pay Rs.7.90 L by 2.7.11 or interest will be applicable
4) No docs like a) original regn docs b) NOC as per SBI format c) blue print available fm Lodha
5) SBI unable to process loan in absence of above
6) No proper direction, guidance where/when the docs will be available
7) after requesting in helpdesk of website,getting reply as " as per our policy u have to pay interest"
8) Is Lodha group " GOD" that we should blindly follow their instructions ?
9) I appeal to all the affected people to join hands and protest unitedly and get done what is right
my cell number is[protected]
10) in their agreements also everything is in their favour only.
11) I wish to go to consumer forum /media and expose such stupid acts. Let's join hands
Rajesh Mayekar

Complaint Status

[Jul 14, 2014] Lodha Group customer support has been notified about the posted complaint.
Complaint comments  10 Comments     Updated: Share0Tweet0


Hi Shellpearl

I am with you...its high time that we need to fight against this builder...

Please email me on satz4u@rediffmail.com so that i can provide u my number...
Reference my grievance with regard to casa bela gold, my cell number if [protected] (not 98526 mentioned erroneously)

Rajesh Mayekar
I totally aree with your comments, lodha are quick enough to take your money but their customer service is the worst i have ever experienced, no wonder people in the UK are very reluctant to deal with Indian call centres.

I wish i had never got invovled with Lodha as they are a bunch of cowboys and they pass you from pillar to post in the hope you will just get annoyed and put the phone down. Call charges from the UK are not cheap either.

A very angry UK customer on Casa Rio.
I fully agree and I had also faced a similar problem with Lodha Casa Rio.

Home loan from SBI was delayed slow process at both the ends and Lodha are charging 18% penalty.

I lost teaser rate from SBI in the initial phase due to non availability of relevent docs from Lodha and now they want me to suffer due to 8 days delay in payment!!

Sudeep Das
Lodha Casa Rio
Even I have been charged unjustified interest for within 42 days installment for my flat in Casa Bella Gold. Lodha themselves had asked in written to pay only 5% of the amount if the bank loan presanction is available. I had forwarded the SBI presanction letter and paid little more than 5% of amount. After my registration in Dec 6 2010, I paid up the entire amount through my own saving and taking loans from my relatives about 7 lacs as loan was getting delayed due to error in ROC document and non availability of other necessary documents on part of Lodha. I even confirmed on 28 th march if there was any interest levied on me. They said no interest is levied on me.

But Lodha deceitfully and charged interest of Rs 37000 for 42 days payment from march 2010 to march 2011 and even dared to adjust it from my 5th slab payment of 122370/-. Many of my mails in this connection and and telephone calls were ignored. I was promised on phone that my interest charges would be reversed however no such thing happened. Their call centre is good only for lip service they never do what they promise you on telephone.

We all should sue Lodha in consumer court and should ask for a exemplary compensation for harassment and unfair trade practice. I am also putting a complaint to CCI for their action.

V D S Jaiswal
I am in the process of filing complaint against Lodha malpractice with Consumer Forum!

Sudeep Das
Here is one more addition to this group. I have booked 2 units in casa bella project. They are asking parking money in black ...srarting from 90K, 1.08 and then 1.26 lacs ??? There is absolutely no control on their policies. and on top of this no reciept will be paid for this money. When I asked for the reciept, they kept my registartion on HOLD and then sold out my both the units without any communication. I will not be tolerating this at any cost and will be fighting against them. I will be reachable on [protected]- sonali shelar
We should jointly publish this matter in news paper so that we other cheated consumers can get the visibility for this.
Guys, Go through this article ...it should be big relief for all of us...


Mr. Sajnani had shown great courage by fighting against these cheater builders, and he made it possible.

Thanks to Mumbai Police for supporting the civilians in their fight.

Please ensure that you are taking the right action, and not bearing injustice any more.
I totally agree with you
they are acting like mafia ...they think that they can do anything and get over from that
we need to get together and fight this malice...

my email address is suneel.n10@gmail.com
my cell [protected]
i will be in India from 13th December

will call you
We are sailing in the same boat now. Highly highly frustrated with the service as no one is guiding us properly. Sales POC who is assigned to us, barely receives our calls only to say that he will look into this and never comes back again. We have put a lot of our hard earned money in this and now feeling cheated. Is there anyone in the Lodha office whom we can escalate the matter to? Really worried now.

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    +91 22 2302 4400
    +91 22 2302 4171
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    Lodha Excelus, N.M. Joshi Marg, Mahalaxmi, Mumbai, Maharashtra, India - 400011
    Lodha Group - Charging of interest without giving proper documents for loan sanctioning