[Resolved]  Nacons Builders/Platinum City O Block — Building incomplete after 4 yrs of booking

I booked an apmt in Platinum city O block - Yeshwanthpur B'lore in 2005.
The building is still incomplete in 2009 (unoccupiable - basics like water etc)
The nationalised bank who gave me a housing loan has stopped providing funds due to lakh of progress in the work.
I have signed a tripartite agreement between the bank, builder and myself while securing the loan.
The builder was demanding me to pay the balance if I want my apmt to be completed.
I obviously did not have the resources to pay such big amts.- What is the purpose of a housing loan?

Now the builder is forcing me to complete the registration! (sale deed).

Please advise.
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Aug 13, 2020
Complaint marked as Resolved 
Nov 08, 2014
pallavan bass's response
nacons builders who are eager to work compete for business and nacons Builders is the leading national representative body in the building and construction industry in bangalore. It is a voluntary membership based organisation whose primary role is to promote the viewpoints and interests of the industry, to promote the highest quality and standards through excellence in service to our members, engaging government and legislative bodies on national policies that affect the industry, for the purpose of creating a sustainable building industry in bangalore.
 
64 Comments

Comments

nacons is really giving a chance for the middle class people in Banglore to have their own Residents without any second thought .
She is biased . We are dealing with nacons builders since years together and never ever had any complaint . very happy with their performance, quality and realiblity .
Dear Friends, Please note here those are supporting the builders are their agents only, beware their words.This builder is a 101% a 420.Here Those are supporting this builder are realy .
u shameless ungreatful (vbvm).not mentioning flat number, giving a false name, shows who is 101% a pakka 420.THE flats and quality of construction here is good, only some final finishes are not done.over all its wort the money.
ravi kumar
flat no.1429
I LIVE IN 1342 PLATINUM CITY O BLOCK.ITS A GOOD PRODUCT, I AM HAPPY.EVERY THING WENT SMOOTHLY, i have shifted 2 months back, its a beautiful location good price.
Both friends and foes of Nacon sound crazy and self centred
Hello/..
Nacons builders is a very prety builder construction group and all the bad or negative reviews regarding to platinum city O block or platinum city bangalore is wrong, some 1 is trying to defuse the nacons group but as I Knw or many more cliets like knw alot abt nacons builders that it cant do this kind of cheating with customers.
What is the latest on O block ?
O block is like a black sheep of Platinum city. Amongst all the well built blocks (A, B, C, etc), stands the eye-sore of O block. The other block residents look at O block as if it is part of a slum. They don't want to associate with O block.

It all started with a good cause. Value for money flats were promised. Greed took its toll. Now the situation is a stalemate. Many don't want to pay remaining part and take possession. Some paid, took possession, living in not so habitable conditions with water, parking and other safety related short-comings.

Adding salt to the wound, recent BDA activities (claiming CA sites, issuing eviction notices) etc, has only made Platinum city more popular for all the wrong reasons.

O block people live here hoping against hope that things will improve and all issues will be sorted soon ...
Nacons is Best builder's in Bangalore. Features in NACONS PLATINUM CITY 'O' BLOCK BANGALORE .
We get good atmosphere in our flat. Any time water supply and security system, generator system.
Hi I want to sell my 2BHK apartment in Platinum CIty O Block first phase near to Lift and getting a rent of RS 10000. If any body interested can contact me at [protected]@yahoo.com or [protected]. It is semi furished with wardrobes, chimney geyser and a separate water tank of 400 litres with this apartment. THe expected price is RS 28 lakhs
Hi,
I want to rent an apartment at O Block. However, reading these comments, I am a bit weary. Please tell me what is the situation now, especially the water situation.
Hi friends, I own a 2 bhi flat in platinum city o block, want to know what is the present condition of the flats.? I mean, basic amenities like, water, power, hi gene, lift...? In other words can I bring my family and live there? Please reply need to decide based on ur reply?
nacons Builders and their employees are exceptional. I recently had some renovation work done at my flat and was very pleased on how Dale and Kevin were able to have the job finished within my very limited time constraints. Not only was the demo and reconstruction completed early, but the cost was excellent. Their workers are professional, skilled and extremely tidy. I would highly recommend this Builders for any construction work, be it a new build, regular renovations, or fire and flood restoration. These guys are awesome!
nacon Builders just finished modeling my new flat into a old monumental modern, stylish, functional gathering space for my family. their crew were very professional and efficient. They made suggestions on areas where we could save money without sacrificing quality. My flat now looks it belongs in a model home with historical locality and I could be happier. Thank you nacons Builders!
hi i may say definitely one thing that is nacons is the top leading builders and developers in bangalore not only their residential projects and also their commercial project iam very satisfied about their plan of developing they are not a ordinary builders they are a good sculptors iam very very happy to do this.
I am daily crossing this Nacons Builders/Platinum City O Block wonder full area i like very much. So i decide to buy 2BK flat this locality. With out any nice free pollution good air, good water, i love this place, if any body buy flat i can recomand only this Nacons Builders/Platinum City O Block. Look like VIP area.
The nacons builder is one of the most eminent real estate company in bangalore. The nacon has built for itself a reputation on the roots of customer faith and quality products.
hi,

I bought a flat in 2008 and yet to receive possession from builder. I would like to go legally against the builder and file a case, my lawyer states it will be a stronger case if we go as a group. Any one interested to join me? leave your email id or phone number and i will contact you.

thanks!
Hello,

I am interested in buying 2/3 bhk in platinum city o block, please contact me if anyone interested in selling ravi.[protected]@rediffmail.com

Thanks,
Ravi - [protected]

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