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Sahara India Pariwar Complaints & Reviews

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Aam Aadmi's Struggles
from Surat, Gujarat
Sep 29, 2013
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Address: Ahmedabad, Gujarat

I was introduced to Sahara City Homes by a very pushy Sales Representative, Mr Mehul Pandya in February 2009. He was only interested in his commission and tried everything to secure the sale with his misleading advertising and hyped up sales tactics. After his several calls and finally a visit from him, I was forced to make a down payment (booking amount) of Rs2, 62, 600 on 27 February 2009 and an Allotment amount of Rs1, 31, 300 on 1 May 2009. On 2 May 2009, I received an Allotment letter from the Company confirming that possession of the 2 bedroom apartment would be handed over within 38 months from the date of the Allotment letter. Possession would therefore should have been in July 2012. This delay and especially the lack of communication from Sahara has caused me considerable stress.

Subsequent to getting a confirmation of booking, I started paying a monthly installment of Rs62, 003/-. In the second quarter of 2010, I inquired about the progress of the project as there was no communication from the Company. They had failed in their duty of care to customers. A good Company shows transparency, communicates with their customers regularly and posts actual photos of the development as time progresses. Sahara City Homes website removed it's photo gallery of construction status web page for Ahmedabad in 2010 so that no 'Aad Aadmi' could complain. I contacted Mehul Pandya several times in 2010 who simply lied about the construction updates and assured me that the project was a big hit and was in full swing. He kept referring to the Company's Lucknow project and how it trebled after completion and that the Ahmedabad project would also treble after completion. I also called the call centre number and was told that the project was ''In Full Swing''. So I took a visit to the site office in Ahmedabad and there was absolutely no construction work in progress. I could only see a sample house and their posh office, which must have been built from customers' installments.

I was persistent via email and phone, however, I when I was told that all approvals were in place and the construction was in full swing. Mehul Pandya left the Company suddenly and started communicating with several mangers who came and left after short periods. I was in consistent contact with Mr Ritesh Singh, Mr Manish Shah and Mr AsishKumar Singh. I was assured that this was the best project in Ahmedabad and was mislead that I carried on paying the monthly instalments of Rs62, 003 from 1 June 2009 and now totals Rs17, 98, 087 (plus booking amount of Rs2, 62, 600 and Allotment amount of Rs1, 31, 300) Total Amount Deposited with Sahara is Rs21, 91, 987. I have all the payment receipts from Sahara and kept all my emails which I sent to Sahara from February 2009 to date including recoded conversations with the Company's staff members.

My struggle to retrieve my money started after several site visits with no signs of possession and no construction work taking place on the site. Several previous Managers started ignoring my calls and the call centre reply was still that ''Construction was in full swing at Ahmedabad''. As a Aam Aadmi following the righteous path, I simply want a full refund and acceptable interest so that I can start living. I have been financial ruined by the Global recession, currently unemployed and suffering from severe stress caused by your company.

I am attaching the list of payments paid by cheques that I had deposited with Sahara:

Booking amount on 27 February 2009 of Rs2, 62, 600
Allotment amount on 1 May 2009 Rs1, 31, 300

Instalment of 62003/- every month Rs17, 98, 087
(from 1 June 2009 X 29 Installments)

Total Deposited with Sahara = Rs21, 91, 987

I humbly request you to look into the matter urgently and expedite the full refund of the monies I have made to date and payment of suitable interest. In the failure to get a response, full refund and the interest due, I will be forced to file a complaint under the Consumer Protection Act of 1986 and also the Real Estate Regulation Bill. This consumer complaint will be at your cost and expense and will be required to address the mental agony caused to me due to your lack of transparency and deficiency in catering to the issues raised. Please do not ask me to talk to your branch as I am not getting a satisfactory response from there. I assume you have control over your branches and request you to take appropriate action and communicate the end result to me.
Aug 14, 2020
Complaint marked as Resolved 
Sahara City Homes customer support has been notified about the posted complaint.
Hi,

Can you pls call me on [protected].. need your help..

Atit
Hi Atit,

I am currently in the UK. But the good news is that HN Safal and Goyal & Co have taken over the project.

I have full faith that they will deliver as promised and provide additional benefits to existing Sahara City Ahmedabad property investors.

See this article on the topic: http://indianexpress.com/article/business/companies/sahara-sells-residential-pro...

Contact the offices located at S.C.H in Ahmedabad for more info.
Great to see the Indian Legal System putting these crooks in jail. I would plead to the Judge to strip S. Roy and his pandits of all their personal and business assets, whip them all against a tree, show them how to run ethical business without harming the aam admi and then throw them in jail for life.
Aam Aadmi's Struggles's [Complaint's author] reply, Aug 12, 2024
Karma doesn't spare any wrong doers.
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    nagpurwardha2013
    from Gurgaon, Haryana
    Jun 30, 2013
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    If you have experienced following - you should join this group https://groups.google.com/forum/?hl=en#!forum/sahara-city-homes-complaints

    You nade partial or full payment to Sahara City Homes for a house or flat but the construction never started or if it started you never got possession even after many years past due date. The Sahara City homes schemes run in many cities including Pune, Lucknow, Indore, Nagpur, Chennai etc.

    You will be surprised how many people are facing the same problem. The goal of this group is to organize and coordinate collective action against Sahara City Homes. Please use this group to:

    - Tell your story here
    - Add resources (complaints, lawsuits etc) that others can use to take up their own action.

    Let's get together to fight against the fraud from the Sahara City homes scheme.
    Aug 14, 2020
    Complaint marked as Resolved 
    We have the same issue...

    Please contact us at [protected] / [protected]

    Regards
    Abhishek Gavane
    I booked a flat in Sahara City Nagpur in 2009, today we are in 2014, no signs of even starting the construction. They have already taken 10 lac from me. No answers on when this will be ready. Prashant [protected]
    I have given 6.5 Lac, Sahara city home, dhanori, Pune in 2012. Still I am not received my money back. Don't know how to get my money back
    Any suggestion, welcome please
    Pradip.[protected]@gmail.com
    Hi Friend

    Thanks for contacting. I have already complianed in consumer forum. No reply till date.

    I accessed the link you provided but there is no one seen in the group.

    Prashant
    I booked a 2BHK flat in Sahara City Nagpur in 2005, today we are in July 2016, building construction done but plumbing, electric & tiling work is pending. No action at site since last 3 years. They have already taken 17 lac from me. i was suppose to get possession in Jan-2012. Will it be of any help if we go to consumer court?


    Vinay Kuhikar, [protected]
    I have also booked 2 bhk flat at Sahara City Homes, Lucknow under Control No. [protected], Unit No. B-30/202, Type 2. I took loan from LIC Housing in the year 2007 and till date paying monthly installments but possession of the flat is not yet given. Now Sahara is selling all his properties to pay his debts to SEBI and Lucknow property is also one of them. Can any one advise, what will happen now. Will I get the possession or not? Please contact me if you have any news on +91.[protected] Ritu Nijhawan
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      Surendra Gutgutia
      from Mumbai, Maharashtra
      Jun 27, 2013
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      Address: Deoghar, Jharkhand

      I, Surendra Kumar Gutgutia resident of Hatia Road, PO - Madhupur - 815353, Dist - Deoghar, Jharkhand had deposited Rs.10000/- on 31.12.1998 in Sahara 14 vide receipt no.[protected] in the name of my minor daughter Baby Doll. Maturity value & date was Rs.70000/- & 31.12.2012 respectively.
      Almost after running two months for maturity payment I was finally given payment on 22.02.2013 vide cheque no. 030712 drawn on Allahabad Bank, Madhupur. An amount of Rs.4273/- was short paid to me. When enquired I was told that TDS had been deducted. I was surprised to see that in the same scheme and almost same maturity date TDS had not been deducted in many accounts, whereas in my deposit TDS had been deducted.
      Regarding this I had also given a letter to Sahara India, Madhupur branch on 06.03.2013 asking them reason behind this and also requested them to provide year wise TDS deducted in my above deposit. But till now they have neither responded to my letter nor provided any details of TDS deducted.
      About a week back I downloaded Form - 26AS, an Annual Tax Statement under section 203 AA of the Income Tax Act. 1961, for the Assessment year 2013-14 and was surprised to see that no credit is showing against my PAN AGLPG8056H of Rs.4273/- which clearly indicates that TDS deducted on my above deposit not paid by you in the Income Tax department. Whereas as per Income Tax Law any deduction on account of TDS till the end of financial year i.e. 31st March has to be deposited till 31th May.
      This is a gross violation of Income Tax law and loss to exchequer.
      Please lodged my strong complain and take stern action for this malpractice.
      Aug 14, 2020
      Complaint marked as Resolved 
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        SUKHWINDERGOEL
        from Mumbai, Maharashtra
        Feb 17, 2013
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        Address: Patiala, Punjab

        I sukhwinder pal from Patran Distt Patiala Punjab.I have deposited Rs.3042/- in Sahara India Commercial Limited vide Receipt No.[protected] Branch Patiala Sector CHANDIGARH[protected]. Serial No.[protected] on 30.07.2003, Passbook No. 1413496 dtd. 07.09.2003 I do not want to continue the same. As such it is requested that due amount with interest may kindly be sent to me at my address.
        Address:-SUKHWINDER PAL MASTER
        W-5 SUNIAR BASTI NEAR RAVIDAS MANDIR PATRAN DISTT PATIALA PUNJAB
        Mobile No. [protected]
        EMAIL:[protected]@rocketmail.com
        Aug 13, 2020
        Complaint marked as Resolved 

        SAHARA INDIA COMMERCIAL CORPORATION LIMITEDRATION LIMITED — REVERSE AMOUNT

        I sukhwinder pal from Patran Distt Patiala Punjab.I have deposited Rs.3042/- in Sahara India Commercial Limited vide Receipt No.[protected] Branch Patiala Sector CHANDIGARH[protected]. Serial No.[protected] on 30.07.2003. I do not want to continue the same. As such it is requested that due amount with interest may kindly be sent to me at my address.
        Address:-SUKHWINDER PAL MASTER
        W-5 SUNIAR BASTI NEAR RAVIDAS MANDIR PATRAN DISTT PATIALA PUNJAB
        Mobile No. [protected]
        EMAIL:[protected]@rocketmail.com
        REFUND OF INVESTED MONEY AGAINST HOUSING SCHEME

        I have deposited Rs.10, 000/- in Sahara Rajat Yojna vide Receipt No.[protected] application No.[protected] on 31.12.2003, it was again re invested vide receipt no [protected] no[protected] dated 27 feb 2008. the amount was Rs 13990/-
        I do not want to continue the same. As such it is requested that due amount with interest may kindly be sent to me at my address.
        Address:- Veena Gupta
        B-102, AKANKSHA, JAGAT PURI, GALI NO. 8
        DELHI - 110051

        Mobile No. [protected], [protected]
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          Hriday Narayan Singh Kushawaha
          from Kolkata, West Bengal
          Feb 14, 2013
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          Address: Patna, Bihar

          Sir, I had invested (1) Rs.30875/= in "SAHARA RAJAT YOJNA"(Silver Year Labh Yojna) dated[protected] and (2) Rs.10004 in "SAHARA RAJAT YOJNA"(Silver Year Labh Yojna) dated[protected].) Both are regarding housing or as fixed for 10 years stating refund 2.5 times on maturity date (.) I visited Sahara office situated at S.K.puri Patna but they said , wait for maturity period and nothing to worry ; again I asked for refund before maturity period they replied tomorrow will come and repeated the same word on next visiting (.) Please tell me how to get my money refund with interest (.) Please reply me soon////// thanks/// regards//dt.[protected]
          Aug 13, 2020
          Complaint marked as Resolved 
          sir i want to investing amount 20000/- for 15 years FD how much i get after maturity time please ans me amaresh kampli
          I WANT TO BENFIT SCHEME FOR 1 YEAR OR 2YEAR LESS THAN FIVE YEARS
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            Rakesh Pandeykit
            from Noida, Uttar Pradesh
            Jan 28, 2013
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            Address: Uttar Pradesh

            Sir

            I had deposited Rs 10,000/=(Ten Thousand) as lump sum amount in Sahara Rajat Yojana on 31st July 2003, vide receipt no. [protected] and application No.[protected].

            The Passbook No[protected] was issued to me.

            No intimation has been received by me about deposit or future plan.

            Kindly help me to know about my money and refund process.

            Rakesh Kumar Pandey
            email : [protected]@rediffmail.com
            Aug 13, 2020
            Complaint marked as Resolved 
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              R P AGARWAL
              from Delhi, Delhi
              Dec 27, 2012
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              Address: Lucknow, Uttar Pradesh

              I have deposited rs.20000/- (Rs.10000+10000) on 5/4/2005 in sahara in their sahara rajat yojana vide receipt no-[protected] and [protected] dt[protected] in the branch noida city code-2670 in a/C no-[protected] and [protected] in the name myself,ram prakash agarwal and my son, mayank agarwal rs 10000/- Each respectively on the pretex of their agaent mr parmod sharma that sahara will provide good houses in their either in present/Proposed housing complex schemes in ncr in 1-2 year and they will give 15/18% interest on deposit and on my option either adjust or will refund the amount with interest after 3 years. Even after 7 years they have offered nothing also not refunded my money. Contact no provided is disconnected etc. When viseted their office in noida nothing has worked out till date.
              I shall be greatful for helping in getting my due refund.
              R.P.Agarwal mobile-[protected]
              167-C, pocket-f gtb enclave, opp gtb hospital, delhi-110093
              27-12=2012
              Aug 13, 2020
              Complaint marked as Resolved 
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                manis2568
                Dec 24, 2012
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                Address: Patna, Bihar

                Dear Sir/Madam,

                I had bought sahara abond in 2008 . now SEBI ordered to sahara that refund the amount with interest to the customer but instead of refund, sahara tell us to change the plan into Q shop plan H.
                what should i do

                Please give the reply on my email ID:- [protected]@yahoo.com


                Regards.,
                Manish Kumar
                Paliganj Patna Bihar
                Aug 13, 2020
                Complaint marked as Resolved 
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                  anjalimishra2009
                  from Hyderabad, Telangana
                  Dec 22, 2012
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                  Address: Madhya Pradesh

                  dear sir
                  hamne ek life insurance policy li thi sahara india(branch in raddi chowki) bank me ,after the death of my father we claim for that ,hamne sare papers submmit kiye but atlast bank walo ne kaha aap ko claim ka amount nahi mil sakta because of the fault of his own branch ,because bank walo ne papers time per submmit nahi kiye the .please help me and provide me a proper solusation for that .
                  Aug 13, 2020
                  Complaint marked as Resolved 
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                    shati lal vesnav
                    from Bengaluru, Karnataka
                    Sep 12, 2012
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                    Address: Jodhpur, Rajasthan

                    sir namskaar,
                    sir rajsthan ke jodhpur jile mai osian gaav mai mr dhan raj parjapat ke naam ka sahara india ka fild
                    workar hai jo sahara ke sath dhoka karke us grup se juda hai wo 5vi tak bhi nahi padai ki hai usne
                    sahara india ko dhoka dekar apni duplicate marckshit banai 10th class ki,ye kanuni apradh hai
                    itna hi nahi ab wo sahara ki scemo ke sath apni niji scemo se logo ko gumrah kar rah ahai
                    wo osian mai nini sakha khol kar rakhi kam pada likha hone ke kaean wo is pad ke yogiya nahi hai,wo logo ke sath v compni ke sath dhoka karke sahara se juda hai ,ab vo jama krtao ke paise ka durpiyog kar raha hai ath aap se anurodh hai ki us par jald se jald karwahi kar ke us ko uchit dand diya jaye,taki logo ko is dhokebaaz aadmi se chutkaara mile,uska naam dhan raj prjapat s/o laxman ram parjapat jaati parjapat nivashi osian jila jodhpur fhone no [protected] addrass near karshi mandi osian jodhpur rajsthan 342303 sahara india mai us ka code[protected] hai
                    Aug 13, 2020
                    Complaint marked as Resolved 
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                      Sunil Sahu
                      from Chandigarh, Chandigarh
                      Sep 9, 2012
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                      Dear Sir/Madam,

                      I had bought sahara abode in 2009 & housing bond in 2010. now SEBI ordered to sahara that refund the amount with interest to the customer but instead of refund, sahara tell us to change the plan into Q shop plan H. what should i do.

                      please send your valuable reply in my ID - [protected]@gmail.com
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                        S
                        sivaram gopal
                        Sep 7, 2012
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                        Address: Chennai, Tamil Nadu

                        Dear Sir,

                        We booked a flat in Sahara City Homes Chennai Project in the year 2004 by paying an advance of Rs83750. Today Sept 2012, project was not yet started and no details about this to the customers.

                        "Trust the company and made loss in middle class family stay:"
                        [protected][protected][protected][protected][protected]
                        If we buy a land with that amount in my hometown, now it will be Rs10 to 15 Lakhs(to that point real estate grown)

                        * If they provide us on time, we dont have burden on my shoulders for living.Atleast we have to tell one property is in chennai;
                        * Who will bare this loss?

                        Not only me, there are so many customers faced this problem.

                        Please Provide me the solution and compensate accordingly..

                        Proof: Attached the booking of flat with reference number.

                        Thanks
                        Sivaram
                        Aug 13, 2020
                        Complaint marked as Resolved 
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                          NileshNimje
                          Aug 9, 2012
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                          Address: Maharashtra

                          I am very disappointed with such a bad service from Sahara City Homes.
                          I had cancelled my flat in Sahara City Homes, Nagpur 4 month back. but i haven't got any refund amount till date however, refundable amount should be revert within 45 days.
                          but Sahara homes is not stand on his commitment.
                          staff from Sahara is not supportive at all. I called many times to Sahara homes office but i am getting only answer " your money will revert soon"
                          Sahara is Cheating with customer and making them fool.

                          I request to all of you. please help yourself before booking flat in Sahara City Homes
                          Aug 13, 2020
                          Complaint marked as Resolved 
                          Hello - I am in similar situation. I am trying to coordinate action against Sahara City homes. Could you please send me your contact. I am reachable at [protected]@gmail.com.
                          Similar situation with me too, I am from Jodhpur

                          I am reachable at [protected]@gmail.com
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                            Himanshu Singh
                            from Pune, Maharashtra
                            Jul 3, 2012
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                            Address: Jharkhand

                            This is to bring into your kind consideration that i am resident of Sahara City Homes,NH-3, Mango.(near Big Bazar). Off late there has been two major electricity short circuit since may'12 late night which had led residents to come out of the building whereas as per the builders they claimed in their advertisement also in internet that fire safety exists and Fire Hydrant Points. But i would like to inform you that not a single fire extinguisher is installed in any of the buildings. a dumper loaded with sands is called late night to bring down the fire. Inspite of paying regular maintenance fees such kind of safety standards exists in such a big society. All peoples including children's,animals life is on risk.

                            The major reason of repeatedly fire is no routine check of electrical components and cheap quality of wires installed which have been not replaced till date. People are shouting on builders but it seems no affect on builder.

                            i would request you to please send an inspection team and take necessary action against the builder who has put so many peoples life on question.
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                              Pramod Swmi
                              from Chennai, Tamil Nadu
                              Jun 7, 2012
                              Resolved
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                              Address: Valsad, Gujarat

                              I have deposited Rs.18000/- vide ( per month 500 X 36 Months), vide my account no. [protected]. As per your scheme after 3 years I can able to withdrawal 100% amount which I had deposited. As I had completed 3 year in the month of March 2012 & also filed for the refund, But till date neither I have received any refund nor any communication. Please help in getting my original amount.

                              Regards,

                              Pramod Swami
                              Vapi
                              [protected]
                              Aug 13, 2020
                              Complaint marked as Resolved 
                              I have applied for Sahara Refund as per the rules and sent all documents in November 2014. My SEBI Reference No. is 5364. But till today I have not received any refund nor any letter mentioning when I will receive the amount.My friends who applied with me have got their money.Please help me in getting my amount.

                              Anup Kumar Samantaray
                              Ph.- [protected]
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                                s_ravees
                                from Thiruvananthapuram, Kerala
                                Apr 28, 2012
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                                Address: Kanchipuram, Tamil Nadu

                                Respected Sir,

                                I have 3 queries to be posted,
                                1. Change of address
                                2. Status of the scheme.
                                3. Procedure to refund the money.

                                Name : S Ravi Shankar
                                DOB : 12.01.74
                                Control No. : [protected]
                                Receipt No. : [protected]
                                Date of Appln. : 31.12.03
                                Branch : HYDERABAD
                                Application No. :[protected]
                                Amount : Rs. 11,238.00
                                Scheme : SILVER YEAR LABH YOJNA

                                My address is to be changed to

                                S Ravi Shankar
                                36/48
                                Kumar Street
                                Little Kancheepuram
                                PIN : 631 501
                                TAMIL NADU

                                from
                                S Ravi Shankar
                                233, II Block
                                JANAPRIYA SOUDHA
                                Mathalaxmi Nagar
                                HYDEARABAD - 500 060
                                ANDHRA PRADESH.

                                2. Status of the Scheme : SILVER YEAR LABH YOJNA

                                3. Procedure for refund.

                                I humbly request you Sir, since I am badly need of money, kindly help in refunding the money on priority.

                                My contact Details.,

                                S Ravi Shankar
                                36/48
                                Kumar Street
                                Little Kancheepuram
                                PIN : 631 501
                                TAMIL NADU

                                Mobile : +[protected]
                                Email : [protected]@amararaja.co.in
                                [protected]@rediffmail.com

                                Please Sir, treat this as my personal request and do the needful.
                                Aug 13, 2020
                                Complaint marked as Resolved 
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                                  A
                                  abina10
                                  from Mumbai, Maharashtra
                                  Feb 4, 2012
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                                  Address: Bihar

                                  sir,
                                  i beg to say that i am your employee and facing some difficulty due to lack of communication between employee in every branch of bihar mainly at Darbhanga and Madhubani that you are sending us Imprest money in the name of 3rd man or 4th man but you know very well that money will be spent according to branch manager or sec worker officer and if any inconvenience has occurred then responsibility goes to that man in which name you have sent.
                                  Therefore , i request you to please make a strict rule about this and send us a good instruction in this matter.I shall be highly obiliged for this.

                                  yours faithfull
                                  Rakesh Mishra
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                                    A
                                    apal raval
                                    from Mumbai, Maharashtra
                                    Jan 3, 2012
                                    Resolved
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                                    Resolved

                                    Address: Mehsana, Gujarat

                                    Dear Sahara team

                                    subject: mentally harassment by your agent


                                    respected sir ,


                                    before some day my mother meet one of your agent whose name is Mr.Dahyabhai Raval who is working in your Vijapur branch in gujarat . your agent explain your fix deposit plan to my mother and take a sign on one of your document now from yesterday onward that agent says to my mother for pay rs 18000/- becoze he make one policy in favour of my mothers name.

                                    so sir can you explain me how can your company issue any policy ( or fix deposit certificate) without any document provide by customer and why you people allow this type of things in your organization.

                                    and when i make call this agent he give me his branch manage contect number his name is Mr.Ramesh Makavana and his number is [protected] he also speak in same tone



                                    so kindly plz help me my name is APAL RAVAL MY CONTECT NUMBER IS [protected]

                                    THIS IS VERY BAD AND SAD
                                    Aug 13, 2020
                                    Complaint marked as Resolved 
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                                      M
                                      Manojjais
                                      Jan 2, 2012
                                      Resolved
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                                      Address: Delhi

                                      this is bring to your notice that I filed for withdrawal on 25th Nov. Sahara India has informed me that fund has been received to there kamla Hagar branch of new Delhi on 20th Dec. Till today 1st of Jan 2012 fund has not be transfered to my icici bank.

                                      there was nexus between Sahara branch manager and icici branch manager to delay fund transfer till 2nd Jan 2012 so that there year end balance sheet looks good.

                                      I have been given interest till 25th Nov so I last interest on approx rs 335182 for 35 days.

                                      Manoj Jaiswal
                                      [protected]
                                      Aug 13, 2020
                                      Complaint marked as Resolved 
                                      account #[protected] and [protected] these are NIRMAAN BOND
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                                        S
                                        shishirgour
                                        from Mumbai, Maharashtra
                                        Dec 18, 2011
                                        Resolved
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                                        Address: Raipur, Chhattisgarh

                                        I have deposited Rs 10000/- in 13/08/2003, through receipt No. [protected] against the housing society at Raipur. Since then there is no correspondance from the company. I have heard that the project has been cancelled to establish the Sahara Housing Society at Raipur. A passbook was issued to me thru application no.[protected] & my pass book no is 25300. Therefore it is requested to let me know the present status or refund my money with interest as was ensured by your agent. My Mobile no. is +[protected] & email id is shishir.[protected]@acclimited.com.
                                        Aug 13, 2020
                                        Complaint marked as Resolved 

                                        non-receipt of TDS credit in 26AS

                                        i had fd of Rs.10000/- in s-14 scheme. matured in the month of november 2013. till date 26AS not shows my TDS credit.
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