Show menu
Close
FAQ FAQ Categories Categories Sign in Sign in
Close
ADVERTISEMENT

[Resolved]  Vhf Selve Farm Development — no payment of yield income derived from project not returning the money invested in the sechme

I AM AN NRI AND PARICIPATED IN VHFSELVE FARM PVT LIMTED I PROJECT IN THE YEAR 1994, AS PER AGRREMENT THEY STARTED MAKING SMALL AMOUNT INCOME YIELD FROM PROJECT. BUT SINCE YEAR 2000 THEY DID NOT MAKE ANY PAYMENT ,INSTEAD OF THEY SUGGESTED US TO JOIN ANY OTHER RETURN UITILTY SCHEME. WHICH I DONOT LIKE TO JOIN. OR THEY ASKED US TO SOLD OUT YOUR FREE HOLD PLOT . BUT I DECIDED TO TAKE MONEY BACK. INSTEAD OF SELLING THE PLOT. PL. LOOK INTO THE MATTER.AND SORT THE PROBLEM.
SCHME REF NO--VHF/ME/D/649/94 -YEAR 1994
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  26 CommentsShareTweet

Comments

I purchased plot a/c no.VHF/RUS/3371 from Dr M.Jaganathan, Chairman, MD VHF Selve farm houses P Ltd and I got the original document registered and sale deed no.8894/1999, accordingly I got the unit number 113 in phase XXXI VHF Selve Kodai View Teak Estate, Vaigai and documents also recd I want to know whether I can sell both these properties and get the mon ey as per the current market rate (including teak woods) can you just give us the contact number of son.
and your suggestions [protected]@gmail.com
I purchased land when I was in Bahrain under a/c no.VHF/ME/L/9040/95 from Dr M.Jaganathan, Chairman, MD VHF Selve farm houses P Ltd and I got the original document registered and sale deed no.1618/1995, accordingly I got the unit number 225 in phase 19 after sometime I got one letter that due the scarcity of water I cannot get any money VHF is not making any money, instead they offered me a plot in phase xxxi
VHF Selve Kodai View Teak Estate, Vaigai and documents also recd I want to know whether I can sell both these properties and get the mon ey as per the current market rate (including teak woods) can you just give us the contact number of son.

ramachandran
There are several NRI investors in the Gulf who are suffering as a result of investing in V H F Selve Farm Development. My father and one of his colleagues invested during 1992 in Phase I. I suggest, as a start, we get a group of effected investors together with a view to following our claim together. My email address is [protected]@yahoo.com -- Ashok Bhatia, Bahrain
ADVERTISEMENT
During 1995, I had brought a Farm Land from Dr M.Jaganathan, Chairman of VHF Selve Farm Development. The following sites Hosur Phase 11 VHF selve Dam Top View Garden and Mettupalya Phase XVIII Blue Hill Garden City which i had purchased was given some yield of about Rs.4000-Rs.6000 per year. Later he took back the sales deed papers of the previous sites and suggested RUS due to litigation. But he has not registered it in my name. Now I see that many are facing similar issues and i suggest that we form an association and take legal action on our issues.
I am also one of the buyers in Blue moon city and Kodai view dam city project, can somebody guide me as to what action can be taken against the son of Jagannathan who does not even has the manners how to talk to the clients and hear their grievances.
Even I am one of the buyers of Kodai View Dam city, phase no. 24... we got to get together and do something about this.
I am reading all these comments of last year. have we done any association to get together. If yes can anybody let me know the details.
thanks in advance. My email ID: [protected]@yahoo.com
I too purchased two plots from Dr. Jaganadn when he came to Kuwait in 1993. He gave me My account No.VHF/ME/KWT/1470/93 and an identification card together with the deeds documents in my name. Also he made an agreement with me to be the care taker to do agriculture for twenty years. Initially he sent me some money for two years but then he stopped sending money. As I understand he did the same with so many and now his son is in power since he died. I am ready to join others in making any movements to retrieve money with interest. My email [protected]@gmail.com
I am joining the group after much search and came to know the truth of jagannadhan's fraud/scam. I lived in Bahrain for two years and worked in African & Eastern. I purchased a plot No. 58, survey No 124', in Vatican Gold in Phase vii, koladasapuram, Dharmapuri Dist.
late Jagannathan showed us the so-called plot with the teak, mango, curry leaf, papaya and drumsticks plants and also a theme park...some farm houses built around. he put us in a guest house for a day.
But as you all mentioned he sent the yield money for some short time. later demanded that I have to pay taxes due and I still possess the bank draft that I sent him to that effect. I had paid Rs. 14, 000 as tax through Indian Bank.

Twice I sent my wife and a cousin from Canada where we are now. to their shock there was nothing of that sort of farm or land or theme park. they tried to meet late Jagannathan. they waited from morning till afternoon to demand the return of money or sale proceeds. on the contrary he did not get down from the car and brushed off saying that he was busy in a meeting. there were some ladies, agents in his office who declared that the land cannot be sold to anyone except to VHF selve!!!
So I made enquiries and came to know that he passed away.
I am willing to join all of you and bring justice to ourselves.
Any queries, info or news can be passed on to me on this email
[protected]@yahoo.com
Or
[protected]@gmail.com
prabhakar Peddinti
And joy Peddinti
mhc's reply, Nov 1, 2018
dear mr. prabhakar
i live in bangalore and was looking for a farm plot of around half acre to purchase. some agents took me to vhf selve vatican gold city. they showed me three plots which did not have any number and told me it is for sale and told me the owner is in kerala. i will appreciate if you can give me any info reg this project and is it advisable to purchase. i am just seeking some info. were u able to sell your land or r u still holding it. is your deed marketable, what is the status etc. will appreciate if u can reply to [email protected]
Akankshatopaz's reply, Apr 9, 2020
Dear Prabhakar and Joy,

I am in the same position, were you able to get anymore information or help?
Please advice as I am in the same position and don't know where to begin or where to go or who to contact.
Please help me.
Kind Regards,
Akanksha
Dear Victims,

We are property Management consultants based in Chennai and we have a client from Canada with similar issue. If you could all be supportive of each other and send me the written complaint with proof of
purchase terms, I do not mind proceeding legally against the accused ofcurse you have to bear a fair
cost of the service charge. We are not here to rip you off but offer genuine help. www.chennaimarketingconsultants.com

any progress
I also became a victim of Jaganathen's cheating. Apart from the land value Jaganathan also collected Rs. 18000.- towards getting the patta in my name and he provided the patta to me. I think that was his trap to collect money from his customers to collect money in the name of patta. I think it is now very late to take action to get back the original investment with interest from day one of our investment as he had charged very high price for a desert like land. I am ready to join hands to take any action against the fraud company.

joseph
I am one of the victims of this property cheat. I had invested in 2 projects and would request you all to share any useful information.
My email id: ayyappan.[protected]@gmail.com
I am also one of the unfortunate victims of the fraud and had paid Rs 70000 in 1994 and was paid about Rs 2, 000 one time. They showed us our purported land. I had called their office and one lady Lucy answered and told me to contact again in September on the same number. I asked if the land can be sold but was told to contact in Sept. My unit no 198 area 4800 Sq feet Ph 17 in VHF Selve Jack Garden City in Hosur.

My e mail id is [protected]@gmail.com

Venkitarayan from Oman
Akankshatopaz's reply, Apr 9, 2020
Hello Mr. Venkitarayan,

I am also based in Oman and in the same mess, were you able to get any info or help?

Please advice.

Thanks,
Akanksha
Can we approach the consumer protection court?. At least we want to take possession of the property.

Please respond to: ayyappan.[protected]@gmail.com
I am also victim of the same kind, I had purchsed plots when I was working in Muscat The Sultanate Of Oman, in the year 1993.
In 2007 I had visited Hosur and met Mr. Bharat to inquire about my investment, he told me that I have to pay Rs. 18, 000 towards making the plot in my name, visited the plot and found that the teak trees had grown to around 5 inches in dia. I inquired with Bharat as to when can the teak be cut and payment made to me, he said that it will take another 4 to 5 years.I sent him the money andreceived a receipt for it.
Last month I found an agent in Bangalore who made a trip to Hosur and he informed me that there are no teak trees, only four stone pillers in four corners, I feel that Bharat has cut the teak trees and has cheated me.I have tried to contact him on his mobile, but it is switched off once I managed to get him on line and when I inquired about the teak trees he cut the line, ever since he has changed his mobile number.
My plots are as follows.

Ref, A/C. No;- 10181 Unit No;- 425, Phase No;- XV
VHF Selve Grape Vine Garden City Hosur. Aera 7, 500 sq ft. (Seven Thousand Five Hundred)

Unit No 69, Phase No 23 Sector No 4, VHF Millionaire Estates, Chennai. Aera 1152 sq ft (One Thousand One Hundred and Fifty Two).

Unit No 747, Phase No 21 VHF Sleve Kodia View Teak Estate Aera 2400 sq ft ( Two Thousand Four Hundred).
As suggested by some members, that we all should form a group and thke action against VHF.
I am willing to join the group.
Richard D'Souza
mhc's reply, Nov 1, 2018
dear mr. richard
i live in bangalore and was looking for a farm plot of around half acre to purchase. some agents told me that there are 3-4 plots for sale in vhf selve kuwait grape vine garden. i will appreciate if you can give me any info reg this project and is it advisable to purchase. i am just seeking some info. were u able to sell your land or r u still holding it. is your deed marketable, what is the status etc. will appreciate if u can reply to [email protected] thank you
Akankshatopaz's reply, Apr 9, 2020
Dear Richard,

Were you able to get any info or help?
I am also in the same mess, please advice or direct me in correct direction.

Thanks,
Akanksha
I ALSO HAVE A PLOT IN HOSUR, ANY UPDATE THERE ABOUT OUR PROPERTY,

IAM PLANNING TO VISIT THE SITE NEXT WEEK, ANY SUGGESTIONS, PLS CALL AND INFORM ME.

[protected]@gmail.com[protected] sreedharan.
06-11-14
Kuwait.

Dear Sir,

Please note that I also own two properties under (VHF Phase XVIII & XXXI) project.
If you hear anything, let me know.
My Address:
P O Box 25667,
Safat, Zip 13117,
Kuwait
Phone+[protected] / 22418589
Email : [protected]@gmail.com
[protected]@yahoo.com
Skype: sayidnasir

Thanks n regards
Sayid
Kuwait
I TOO HAVE A PLOT IN KODIA CANAL DAM CITY WITH VHF SELVES BUT NO REPONSE PL HELP
KERSI K
EMAIL [protected]@HOTMAIL.COM
Kersi Khambatta
I too invested in VHF Selves in Kodia Kanal Dam City in farm land since 1990 and have not heard a single word about it
please let me know if there is any suitable action we can take on this matter
thank you
kersi

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code

    Contact Information

    India

    Complaint categoryCategory: Other
    Add Company Information

    ADVERTISEMENT