[Resolved]  Shriram Properties & Infrastructure Pvt Ltd — Will you invest in 'Shriram Surabhi’ and ‘Shriram Smrithi' ???

Will you invest in 'Shriram Surabhi’ and ‘Shriram Smrithi' ???

I have purchased a flat with Shriram Properties in Bangalore in Ittamadu.
I had made 85% payment by Feb2009 and they promised to complete the project by June 2009. Its December and they are showing no signs of completing the project even by March 2010. Today they keep redirecting me to different people.
Even when we call for a meeting their management just refuses to show up?

If you are buying a property by Shriram, please pay attention to the following points:

1) They will mention a date of completion, but it will not be documented anywhere. Not even in the sales deed. And the actual date of completion will be way late than what they are telling you.

2) If they promise you Rs 4/sq feet compensation, don't be fooled by it. If they delay the project by a year after taking money from you, you loose in lakhs.

3) Once they tell you a date of completion, they will publish something else in the newspaper. They will ask you to ignore it as a mistake, but then you will realise that they lied about the whole thing from the day you made the payment.

4) And last but not the least, their people keep on changing about every 3/4 months. Every new guy will say he knows nothing about what the previous guy said. They are all cheats.

Regards,
Pradeep Bhat.
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Aug 14, 2020
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Hi,

I have similar experience. I paid 1Lac in December 2011. Nothing happened after that. I have been calling the marketing agent and their office. Finally I decided to research any issues. And to my suprise indeed these issues exist.

What was done to solve these issues.

Regards
I am planning to buy one at smrithi..had a site visit today...are we really going to get appreciation on investment?...can we find tenant for the mentioned property?...please help me to take the final call...I need to give advance by monday
Dear all,
even i am also planning to buy one in sriram smrithi, for me the appartment lookes good and ready to occupay may be in one months of time.
my only concerned is the price they are quoting for, , please help me with the price list they have quoated for..and the price for car park is bit to high..250k..it has to be some weare around 150.
need to find the devolopment in this area and how fast it gonna be.
please help me with the offering u have from the same bulders.

regards
prem

[protected]@yahoo.co.in
I have purchased a flat at Shriram surabhi. While purchasing the flat sales person showed me a total different plan and customer care person promised me a different one. Today they are building a hall covering my apartment in ND block, my apartment will be covered from both sides and loosing privacy and peace. I have paid higher prices considering the earlier plan.
Shriram property is a big cheater and horrible liers.

Shriram Chit funds had a great image and I now say that entire Shriram is a cheap cheater. They should change their company name from Shriram to some thing else as Lord Shriram stood for values and this company is no where close to the values.
Any one wants to know more can call me at [protected]
@Nagaraj, I think you are talking about the club house... When did you book the appartment? because I have also booked one flat there and the club house was part of the plan at least since last 1 year, when I first visited the site office..
very much true...same thing is happening to me a their project development at chennai sriram shankari...hitech cheating going on...people gets changing after 4 months...payment schedule mentioned in the contract agreemnet not followed...real cheating...please spread the news about sriram properties...do not invest in their projects...real cheats...
Absolutely true about the inordinate delay in Shriram Shankari project with no clear reason forthcoming from all concerned. They seem to be getting away with, by sheer brand image
I have cancelled my booking 2 years back. I kindly request not to call me for any discussion or advise. I have cancelled due to personal reasons.

I do not have any issues with shriram smriti project.
Shriram Shankari in Chennai, Promised to handover by Dec 2011, not handed over till date, not making any commitment on handing over detail, totally disappointed with the service an progress, locked with pre-EMI. They are asking for more money otherwise I have to pay huge interest, not sure what course of action I can take. Please contact me if you are also sailing in the same boat as me at prakavikar.[protected]@gmail.com
Hi all the affected users have to join hands to fight it out. Like how the flat owners of DLF gurgoan fight to get the justice
Basically all Real estate companies are going through a lean period and the problem is they rely heavily on booking amount and foreign lenders to complete their projects. Because of high land prices and interest rates and other bureaucratic delays the projects get delayed. This is true of every developer. Add to this the state or country laws dont give enough legal protection to the buyers, so they indulge in promising one thing and delivering another.
I don't understand why the people in bangalore are in such a rush to buy flats when the prices are so inflated and unjustified. It is their mad drive to own a house Now that is making the prices go through the roof. Many are buying just as investment which means they are all relying on the bubble in real estate. There is plenty of land in and around bangalore, wait and buy something of value at appropriate time. What do we loose if we spend a couple of years in a rented home? They are cheap and we can get in the area we want. So I would suggest to allow the real estate bubble to burst and then buy when the prices become reasonable.
Overall, In the mad rush to own a home people are getting looted

Cheers,
Bangalorean.
Hi,

I am planning to book Sriram Smrithi Sarjapura - Attible raod Bangalore in coming week, ready to move in 3BHK.
I would appreciated if you provide your contact number to get inside.
My email id : dhiraj.k.[protected]@gmail.com

Regards,
Dhiraj
I'm happy with the way the Customer Care staff of Shriram Panorama Hills helped me. They helped me in every requirement that I needed such as getting a home loan from Andhra Bank. They also responded quickly to my queries. Their coordination with their construction team and their prompt update on the progress of the project and construction, etc are appreciated. It is rare to see such dedicated team like the Shriram Panorama Hills staff in an Indian real estate industry.
I love the image of Shriram Panorama Hills’ campus! The campus is surrounded with a natural forest on one side, hillocks on the other and the Bay of Bengal can be seen from the campus at less than half a mile! This residential project will surely be one of the best. This is absolutely world class! I can’t wait to live in this beautiful community. I’m excited!
I am planning to buy an apartment-1BHK from sriram smriti attibele road project from investment perspective. Please do suggest me how much it is worthful.

My email [protected]@yahoo.com
hi i am planning to buy a ready to occupy flat with Shriram smriti. please advise should i go ahead
Hi Friends,

I know my post is too late as per your comments . But, your experience with Sriram Smridht is going to guide/help me a lot. I am planning to books a flat at Sarjapur -Attible Road . They are telling to give possession by Sept 2014. I gone through all the comments and couls able to sort out couple of points as
1, Water Problem ( May Be)
2. Delay on Project completion .
3. Legal Documents are not clear/complete/proper.
4. Rate quoted . Now they are quoting Rs. 3200/- per Sqft .

Some of you guy might be staying there, already . So your feedback would be an important factor, for me .

Pls suggest if there is any portal/link to get more vision for this.

I do appreciate and Thanks in Anticipation .


Regards,
Arvind
Mon [protected]
arvind.[protected]@gmail.com
Hi,
Some resident suggested me not buy in shriram smirthi project. This is not a gated community. There is common road coming in the middle of the project. Just walk down the west block and the left hand side you will see bill board for akruhti developers which is in the middle of smirthi project. Does anyother resident has the same feedback?
I am looking for some who one has booked apartment in shriram smrthi, please contact me on santu.[protected]@gmail.com, cell - [protected]
Completely agree with Pradeep on all the points. They make tall claims and fail miserably in delivering the results. We, at Shriram Surabhi, have been struggling to get even the basic legal documents like valid OC from the competent authority ! They have been putting undue pressure on the Association to take over the Maintenance without completing the project in all aspects as promised.They take the customers who trusted in brand Shriram for granted. Unfortunate.

G P Singh

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