| Address: | Bangalore, Karnataka, 560087 |
| Website: | www.dsmaxproperties.com |
I have made flat blocking in ds max sherwood, by paying 1lac cheque post dated by 7 days, as builder was offering - he will deposit cheque only after a week, if i am fine with my financial arrangements. Or else in this time frame i can take my cheque back. Overall flat cost with all components was written and given in the normal paper, without letter pad.
Proceeding for arrangement in the initial week, bank person during document collection told, the cost break up sheet i have is not proper. They need cost break up letter in builder letter head.
I requested for quotation in letter head to ds max contact person. They wasted two days for it, by just sending again and again by email and without in letter head, as the bank require. There is no door step service or by mail completing client requests. Every need looked to go to their corporate office only.
On the third day, i went to their corporate office and they told – without doing agreement with 10% of the property cost, i will not going to get this document. And they haven’t received any amount credited or agreement done, why they should be giving the break up.
Bank was the approved bank for that project. I updated bank person the issue. He had a call with builder. For him builder told that since no cheque encashment was done he will not give break up in letter pad. They could have mentioned this in the first day itself and on third day arriving here, they consider themselves to be very transparent.
In shown sample agreements, they have not included the maintenance and corpus fund. Bank was giving the loan for all components excluding registration. Using just agreement will restrict for loan of maintenance and corpus component. I don’t want to go with the agreement. Since after it, if i want to cancel deal due to insufficient arrangements my agreement amount will be deducted by rs. 1.5 lac. The service from the developer doesn’t sounds well, in a week of interactions.
I taken my cheque back in stipulated time and cancelled the booking.
Cost break up or quotation is the right of the customer, to be made available to proceed further. The attitude of developer that, we didn’t get credited by any amount from you, why should we be giving quotation is not proper. I was trying to purchase the property at bottle neck so i have to evaluate every arrangement and go ahead. If later bank approves for lesser loan amount then reverting back is a big loss to me.
My advice to the readers is, at booking point only check and collect for all essentials. All their verbal commitments will bring you to the unsafe. Go if you finding trust, but i don’t think so.
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