[Resolved]  Patel Realty -Builder ,Smondoville — Incorrect interest charge without notice

Address: Bangalore, Karnataka

Sir,

I have been continuosly harrased by a buider - Patel Realty of Bangalore for interest on late payment of demand raised.We are in tripartriate agreement with Bank SBI where everytime based on my approval the disburse the amount.There has been some instances where there has been delay but when i ask the builder to tell me how the interest is calculated they do not cooperate and are piling the interest day by day without providing correct information .Please advise.

Thanks and regards,
Sunandan
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
 
6 Comments

Comments

I agree. Patel Realty is bullying customers on interest payment. Latest is that they have started to send statement which is charging interest on pending interest which no other builder does. It is a big mental harrassment. Buyers should come together and talk to the management about such practices.
I have also gone through the same Harassment regarding the late payment charges also they have promised us that they will provide the wooden flooring in master bed room & bathroom styling as per our choice amongst two options shown to us @ the time of visit to their site visit .
However I had the communication records with me and they agreed to waive off the charges, but still not agreeing to give us the wooden flooring & bathroom styling ... we all must raise voice as we have putup our harden money on this project ...
Its all the same its better we make payment in time Sobha also charges same interest similiarly prestige its just if we are careful we will not be facing interest charges
Yes, patel realty charges high penalty for even a week delay in payment.its been 3 years since i booked the flat, they are yet to complete the construction. Quality of construction and safety features are pathetic. Children play area in above parking area, without proper fencing.
Water seepage is a common a problem in their construction. Very poor customer relationship managers.

Incorrect interest charge without notice - Comment #1566796 - Image #0
My Dear Mr. Cheated by Patel,

I have also bought a flat in S07 tower and there have been issues relating to delivery of the apartment on schedule. But their team has been in constant touch with me during the whole time. I am from out of town and dont know about Bangalore builders very much and cant comment on other people. There were some small errors in my apartment that they have fixed in my 2nd inspection and now me and my wife are satisfied with the flat and go ahead with shifting aftre our registration gets over. I feel if you talk to them nicely your complaints will also get sorted out instead of writing bad things about your own apartment.
Hi. I would like to sell my 1bhk flat 360 sqft at Patel. Tower S02
#09 floor. Pls email me if interested at [protected]@hotmail.com

Thanks

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    Patel Realty -Builder ,Smondoville
    Bangalore -Electronics City
    Karnataka
    India
    File a Complaint