[Resolved]  Prabhavathi Builders — Fraud/Cheat

Address: Bangalore, Karnataka

Hi,

I had bought a flat in Prabhavathi Paradise built by Prabhavathi Builders, BTM Layout, Bangalore. The builder initially played so friendly till he got all his money and now it has been more than 9 months overdue to proposed completion date but no sign of completing the project. I had got everything signed on stamp paper for the interest for delay in construction and compensation for carpet area sq.ft loss. And all these are signed and recorded in bond/stamp papers. The builder straight away refuses now for any compensation and/or interest payment. He further states "you are free to go to court and place a complaint, am not bothered and I will not give the possession till I don't get the full payment".!!!! Is there no rule or governing bodies for these cheating and unlawful acts of such builders? Now, I do not have any money to settle as everything is already spent in renting a house till date and paying the housing loan interest and the builder does not give the possession of the flat..!! Does anyone know if we make a case out of this and sue this builder and also stop such fraudsters from selling anymore flats to victims like us?
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Aug 13, 2020
Complaint marked as Resolved 
 
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Hi Vivek here. Prabhavathi Builders is one of it's kind in doing extortion and not completing projects. I was about to buy 6 flats for investments but at the right time, I came to know about their behaviour and false commitments. One of my friends(landlord) is suffering in their hands, as he has given for a Joint venture. They should be brought to trial and each one of their employees should be hanged till death. They torture their own customers like that.

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    Prabhavathi Builders & Developers Phone
    +91 80 4547 4747
    Prabhavathi Builders & Developers Address
    #80, 2nd Floor, 1st Cross, 2nd Main, Vysya Bank Gruha Nirmana Sahakara Sanga Layout, Bangalore, Karnataka, India - 560076
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