Dreamz Infra India — making fool to the customer. please avoid

Address:

Bangalore, Karnataka, 560034

In June 2015, I got a call from someone mentioning that they are from “DREAMZ INFRA PVT LTD” located in 577/B, 2nd Floor, outer ring road, teachers colony, Koramangala, Bangalore, Karnataka 560034 and they offered a 2 BHK flat for INR 22 lakhs in HSR LAYOUT – project name called “DREAMZ SHLOKA”situated at Haralakunte Village, Begur Hobli, Bangalore South Taluk, Bangalore . I and my wife met with them and finalized the property based on discussions and after verifying the vacant land and understand based on discussion with the sales executive that all required documentation was in place. They also promised us that an interest of 18% PA would be paid incase, if they fail to commence the construction on time. They asked us to pay INR 6 lakhs immediately and remaining INR 16 lakhs post possession. I have paid Rs.3lakhs on 04 July 2015, Rs.2 lakhs on 3 July 2015, Rs.1lakhs on 30 June 2015 . I also received commitment letter given by them dated 23 August 2015- in that letter they have mentioned that in December 2015 they would start the construction work, if not I can cancel the booking and obtain a refund.

I was following up on a frequent basis to know the status of construction. However, every time I used to hear that they will commence construction next month. One of my friend’s told me that he booked a flat in the same company and now he had to cancel it as they have not started any construction work and were giving similar excuses. I tried to find out further details about the company and based on forums in the internet understand that there were other customers as well who had been defrauded by this company. I waited till December’ 2015 and the relationship manager informed that they will start construction work in December 2016. I asked reason and she had given excuse that they have shortage of funding. Finally after all these, I decided that I would cancel this booking and ask for refund. Accordingly, I visited their premises for cancellation purpose. Ms. Neetu has helped me in cancellation part, however didn’t give me cheque.

After continuously visiting to their premises, they had given a cheque amounting to INR 6 lakhs vide cheque number 426588 dated 06 may 2016. I deposited the same into bank on 06 May 2016 and unfortunately the cheque bounced.

Post that I have visited their premises lot of times and they started using abuse to me and my wife stating that forget money, now nothing is there. Our situation is very poor and do whatever I want to do.

These guys are running fraud company and targeting new middle class people mainly who comes for the purpose of new job in town.

Guys please report criminal against these chor.