[Resolved]  Santhimadom Builders — Subject: CANCELLATION OF VILLA AND PAYMENT OF INTEREST ON BOOKING AMOUNT

Address:

Thrissur, Kerala

Subject: CANCELLATION OF VILLA AND PAYMENT OF INTEREST ON BOOKING AMOUNT.


Dear Sir,

I would like to mention certain harsh realities which I experienced from Santhimadom. I had already faced some bitter experience from builders and my apprehensions about builders were shared with Chariman Sir during our first meeting itself. I blindly believed Santhimadom and never expected such a situation. First of all I could not succeed in my whole hearted attempt to have a residence in the land of ‘Lord Guruvayurappan”. Secondly with this bitter experience I have lost faith in all builders. My concern is more about the human tendency, changing colours and the ulterior selfish motives of the society than that of loss of money.

Santhimadom taught me a big lesson in my life that how tactfully people are being attracted and finally being harassed. While the process of booking the villa was going on, my each miss call was reciprocated with two or three calls. And later on while I was making calls from my own phone nobody was ready to even attend it. I had paid an initial payment of Rs. 8/ lac(Eight lac only) at the time booking of Navakam Duplex Villa in June 2010 (1 lac in March 10 and 7 lac in Jun 10).

At the time of booking I was told that in case if there a situation arises to cancel (also told normally such a situation will never arises with Santhimadom) the whole amount will be refunded within one month. However, when I cancelled the booking in March 2011 you asked a time of 04 months for the settlement. Even after 04 months you did not pay the full amount. When I was given the post dated cheques for half amount of 04 lac I was told that there will not be any problem in en-cashing the cheques. However, both the cheques were returned due to insufficient funds. Santhimdom had even closed the account from which the cheques were given. Finally after a lot of corrospondence, finally two DDs were issued for 2 lac each on two occassions.

Due to this in-ordinate delay in making payment in the whole case I have to bear a huge financial loss on interest paid on the loan availed for booking. Apart from the interest, I have to bear loss on expenses on unwanted journeys from Delhi to Kerala and back, Hotel stay at Guruvayoor, Phone Calls, Correspondences etc etc. My loss on this villa booking estimated to roughly over Rs. 2/-Lac(Rupees Two Lac) as explained below:


(a) Interest @ 10%for Rs.8/- Lac for 17 months- Rs 2,20,000/-(Apr 2010 to Oct 2011)

(b) Two journies from Delhi to Guruvayoor and - Rs. 40,000/-
back for two members(one side by air)

(c) Stay at Guruvayoor(Two occasions) - Rs. 20,000/-

(d) Cost of leave taken from office - Rs. 20,000/-
(10 days each by two members)
on two times)

(e) One journey & stay for self only - Rs. 8,000/-

(f) Corrospondence, Phone Calls etc.- Rs. 2,000/-

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Total - Rs.2,10,000/-

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It is pertinent to mention that I was not at fault at any point of time and the cancellation of booking was done only because of the non-availaibility of approved building plan and permission from the local authorities. Santhimadom had been repeatedly reminded the above facts. Despite sufficient notice for cancellation it took over 08 months to get the refund of principal amount. Secondly Santimadom is earning profit on both counts from this deal. One in the form of interest on the booking amount and second is on resale of the villa as the present cost of the cancelled villa is Rs.25,00,000/- lacs no share of margin is being paid to me.

In view of the above mentioned facts it is my legitimate right to get at least an amount of Rs. 2/- Lac(Rs. Two lac only) towards interest for my booking amount and other losses. It is the moral duty of Santimadom also to pay the above amount to me by all means. I therefore, earnestly request Santimadom to send a DD for Rs.2/- lac(Rs Two lacs only) at the earliest.

Thanking you,

Yours Faithfully,


VIJAYANANDAN K
FLAT No. G-180/F-2
G- BLOCK
DILSHAD COLONY
DELHI-110095
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Copy to:-

Hon'ble Chief Minister, Govt of Kerala.

The Mathrubhoomi, Calicut.