[Resolved]  Unitech — Not honouring contract terms

1. The Unitec is marketing Unitec Vista in sector -70 Gurgaon. I had applied for the same and got allotment. The company has however no approved building plan as on date for the said property i.e as on 07 Feb 10 but has however already taken 20% of the Basic Price of the dwelling from the customer.
2. The aspect of not having approved plans for the project is not being highlighted in the advertisments of the said property.
3. No PSU or even other private banks (less Deche & IDBI bank which have terms & conditions unfavourable to the customers) are ready to give loans to the allottees for even the third installment.
4. All these appears to be high handedness of the company & unfair trading practice

I couldn't agree with you guys more. I, and millions of others, have had the same experience as you. Just search the internet for all the scams Unitech is involved in all over the country. You'll be horrified!
Incidentally, the one amongst you who shouted in the lobby (well done!), was the fallout a positive one? I haven't had a single, positive interaction with any Unitech employee. All of them are masters at the art and craft of deceit. They stiffly deny any wrong-doing, refuse to listen to you, start accusing you instead and threatening to cancel your allotment, and continue billing you exhorbitant sums of money that are totally unjustified.
Whenever Unitech is caught in an illegal tangle, they blame the recession. When they want investments in their group of companies, then they boast about how well they are doing. They divert funds, they indulge in fraudulent practices. They have tremendous political clout (so if they 'have no money' how do they keep their godfathers happy?) which is probably why they get away with everything possible under the sun.
They're nothing but a bunch of scamsters!
Aggrieved Unitech buyers have formed groups (project-wise) in google . groups and other buyers' forums (I personally think an umbrella organization englobing ALL aggrieved Unitech buyers should be formed. We should file a PIL and ask for cancellation of their licence to build or have anything to do with the construction industry. There's strength in numbers. Join up. Perhaps one day justice will prevail.

Check out this google group which intends filing a PIL against Unitech: [protected]@googlegroups.com

Hi Sam in this kinds of projects a lot o[censored]ncertainties are involved thus making things difficult for Unitech too, under such situations Unitech are bound to change, but under such circumstances Unitech should proactively inform the customers which they are doing to a certain extent. I hope you issue is resolved and you enter your home happy. All the best

unitech started a project in dehra dun in the name of Great India Palace and sold the commercial space with assured return of 12% payable quaterly but after paying one quater payment company is not paying the assured return to their customer and the employee placed at dehra dun office also making fool to customer by giving false assurance

Nishi1977,
Unitech has duped investors in Uniworld Towers Gurgaon with similar promise. The paid the assured returns for two years and now for two years they have not been paying the investors.