IndiaBulls Complaints & Reviews

Dear Sir,

Greetings from Indiabulls Real Estate.

With reference to your mail, as informed that your flat D2303 is terminated as no payments are made towards the flat since November 2010.

Please find below the details of the outstanding payments as of today which is payable to reinstate your booking:-

Outstanding installment amount:- 4,07,945

Outstanding service tax:- 4581

Outstanding Interest:- 73487 as of today

Also kindly confirm the date by when the balance payment towards the installment and the late payment charges will be received so that we can forward your request to our higher management to restore the booking.

Also be informed that your booking would be restored post all the payments including late payment charges is received by us.

Further once the booking is restored, there will be additional accumulation towards the interest which is also payable.

Please feel free to contact customer care for any further queries.

Thanks and Regards
Zalak Trivedi
Customer Care
Indiabulls Real Estate
Toll free No:[protected]
International :[protected]
Monday to Friday : 09.00 AM to 17.00 PM
Saturday : 09.00 AM to 16.00 PM


[protected] Original Message[protected]
From: [protected]@gmail.com
Received: 14/03/2012 13:32
To: Customer Care
Subject: Re: charginginterest on unpaid amount


prisently i get loan sentation from bank i want to pay entire dues but i am anable to pay interest kindly give me releaf for this

On Wed, Nov 30, 2011 at 9:08 AM, jagdish maurya <[protected]@gmail.com> wrote:
30112011
Respected Sir

i purchased a flat in india bull santram saraspur (hemadritextile land) flat no d2 303 name jagdish maurya i paid margen amount
other amount was paid by bank loan but dueto late receive of paper i was anabale to sumit paper so they take long time to pas the loan

now they bank pas the loan i want pay the remain amount But they india bull real state saraspur chargeing about interest

kindly needful to do

presently i want to settle entire remain amount if i get paper in time limit of bank than i get loan amount from bank
now bank relase loan amount

thanks&regards
jagdish maurya
[protected]
Now india bulls is saying that your flat is forfeated and we cancel your booking they had taken certain amount from me in march remaining amount may be settle by bank they tgiven proper documen
Kindly suggest what i do

Hi ,

My loan account no. is hhldhk00060690, I wish to get a loan transfer to LIC

I have been given to understand that as per RBI, Prepayment of home loans are not to be charged a foreclosure fee, but the customer service agent AShok kumar, suggested that india bulls does charge 2% as my loan was fixed + floating.

I would like to understand how can this charge be justified against RBI guideline( as my loan is now floating because i am now paying 14.25% vs 9.5% that i was paying about 2 months back).

any help to get this resolved would be great..


Best Regards.
[censored]iz Tandon
7/97 Subhash nagar, new delhi 110027
[protected]
TCS

I have booked 2 shops with India Bulls in their project Megall in Baroda. We have been consistently paying all the monies as per the demand letter raised by them. In the month of february we have applied for the loan with IB to finance the furhter demand. the same was informed to all the sales manager through whom we bought the property.
We received a letter for termination, and stating that the dues are long pending but we have actually paid all the dues and the last demand was pending as they were working on the loan.
When we went to the IB office they said that we dont need to conatct the sales team aas they are not the right person and told us that we need to update the customer care team. inspite of their failure they are charging us with the forfeiture of the property.

Post, that we have been continoulsy mailing the customer care to check the staus on the same and have provided all the details btu there is no revert from them.

I had applied for home loan - find that indiabull is company - they dont have any professionalism in ther business.

Day one - when i had applied - comitment of interest @ 11.5 % for 30 l loan - and will be sanctioned in 4working days

Day 4th - in process - no more status

Day 7 - in process - no more status

Day 9 - inquiry had come - for varification -

Day 10 - for personal discussion one officer had come - who dont know any thing - after giving him all details - he had asked me 4 more times - then also he was not in possition to understand - if i had given these details to any of road side man he may able to understan but

Day 11 - i had approached directly to office - whith discussion i came to know that they are still in initial stage of process - apart from giving sanction they had started with 0 - and aftert discussion of 45 minustes they are able to give one sentence - that they may able to provide loan amount instead of 80% commited - it will be 70 % with interest rate of 12.5 - see this of india - bull

Dear Sir,

I have Opened a Demet account in Indiabulls on Apr 2009. Please find the account detail.

[protected] CDSL - Cash HEMANT KUMAR H No 67 Block No 1 Vill Ghamroj Tehsil Sohna Distt Gurgaon Haryana 122007 raghav.[protected]@gmail.com - [protected]

Dear Sir,,

I have invesed 4 Laks in Demet Account in 3 Years. But i didn't receive any amount. Please help me.

Regards,
Hemant Kumar
[protected]

Sir,

My Name is Mrs. Kamal Shrivastava. I am resident of Indore. I want to complaint about India Bulls Housing Finance LTD. Me and my Husband (Mr. S.N. Shrivastava) had taken a home loan from India Bulls in March’2010 of Rs.28,80,000 (twenty eight lakh eighty thousand) under fixed & floating scheme.Our loan account no. is HHLIND00059869.At the time of disbursement their credit manager & marketing personnels informed...

I have taken a loan of Rs2.50 cr from india bulls in november.This was a takeover from reliance consumer finance and a top up.The base loan was disbursed on 22/11/11 and the file number is HECHNT1110027.Among the conditions an escrow account was to be opened in HDFC Bank.However the indiabulls personnel assured me that this would not be required and that the loan EMI s would be debited from my standard chartered account.However after the documents arrived from Reliance and the balance amount was to be disbuursed they did a Volteface and said the escorw is manadatory and held back Rs2 lacs of the loan amount pending opening of the escrow.This was for no apparent fault of mine.The escrow was to be opened in 6 working days but this process has taken more than 25 days and i did not get even a single phone call from indiabulls as to why the delay nor was I informed when this would happen.I am still waiting for my balance disbursement.

Dear Sir/Madam,


I am Mr Mahadev Jogdhankar booked a 3 BHK flat -1633 Sq ft ( Y 304 ) in IndiaBulls panvel in February 2010,Till date i have paid @ 2200000/- ( Twenty two lacks rupees ) ,after reciving the letter from indiabulls office regarding the registration of the flat in the month of July,11,I had visited to their Elphistone office with my family on saturday i.e 19/11/11 & met Mrs Ekta Manchanda – GM Customer care but she said due to change in layout & Design they can not allot me a flat & asking me to take the money back after two years when reality prices are double . we have invested huge amount of money after selling my flat in Kharghar & Fixed deposit .I have all the payment receipt of 22 lacs which I have paid to them till date.

I had booked a flat at the cost of 2900 rs per sq.ft 2 years back & now the prices has increased to 4500 /- per sq.ft.I had booked a flat in Indiabulls thinking of their brand & reputation but I got shocked when they allotting flat to me & twisting my arms & playing with my hard earned money.

On 2-12-11 in Times of india India bulls has given a big add for 3 BHK flat availability with 50 % construction completed ,no interest & Floor rise waived ,India bulls playing with my hard earned money and taking me for granted..

I will be grateful if you can advice/help him to get justice.



Mahadev Jogdhankar

mahadev.[protected]@gmail.com

Respected Sir/madam,

Indiabulls details before 3 years happened with me:-

As per suggestion of Mr. Kamlesh Palpaliya from ahmedabad agent contact no:- [protected], That Invest 50000 + 50000 Rs. and get Return 12% return monthly in INDIABULLS...

SO I Mrs. Taraben Mojager Invest 50000 Rs, DD NO:[protected] Dated 18/03/2009 HDFC Bank first then Later again Transfer 50000Rs, DD No:[protected] Dated 19/03/2009 invested in INDIABULLS....

Thereafter I had sent Scan copy of both DD to Mr. Chandraparakash Maheshwari , Delhi ID NO:- DH2332 as per suggestion of Mr. Kamlesh Palpaliya. but I GOT nothing return from INDIABULLS till 6 Months.
So i contacted to Mr. Bhaumik Bhupendrakumar Soni, Relationship Manager, Indiabulls, Ahmedabad Branch.. Now they directed to Contact to Mr. NIRDOSHSIR, Desig. E.E.V.P. Contact No:[protected]. So i contacted his, they told us that they will contact to Mr. Chandraparakash Maheshwari , Delhi ID NO:DH2332.. But there is no any reply from him till today, Eventhough not received any phone calls too..

I have given complaint also to Client Helpdesk through E-mail:- [protected]@indiabulls.com with Proof like copy of Documents.. but Still no any Response from them till date.

Now I Registered Court Case at Kalol Civil Judge sahebni Court, Kalol..... COURT COMPLAINT NO:-- 235/09.. Court has been sent Notice to INDIABULLS & Mr. Chandraparakash Maheshwari,

consumercompliants.in details which one happened in between this month:
Email ID: [protected]@gmail.com

I mailed same copy of above complaints in cosumercompliats.in

After mailed, I receive one call from Aditya Sharma. He Said that I call you from consumercompliants.in. He said that I have read this complaits and I want solve your problem.

He said that For that you have to sent your pan card copy, passport copy, six months bank statement, and cheque of Rs. 50000.00 on name of METLIFE INDIA LIFE INSURANCE COMPANY LTD.

As per him request I posted all data to said posted address of Noida.

Mr Aditya Sharma No.[protected],[protected], Mobile no. [protected]

Indiabulls details which one happened in this month with me:
In between communication with Aditya Sharma, I did conferance call with Aditya Sharma and Indiabulls Executive Mr. Rohit Chaudhary.

Mr. Rohit Chaudhary said that You have posted all data which one said by Aditya Sharma and you have to take one insurance from Metlife India Life Insurance company Ltd. policy plan of one time for six month. After six months Indiabulls company deposit money in your Metlife India Life Insurance account with interest as a third party.

Mr. Rohit chaudhary Mobile No. [protected].

Regards,

Mojagar Narendra,
[protected]

Hi
I have mentioned my below e-mail which i had sent to the previous company, asking for my full salary and salary break up structure.
They does not have any value or even they did not had given any response to my below mail yet. Head office is in GURGAON, the have kept so many uneducated employees in ECF (employee clearance form team). They do not even talk a single sentence in ENGLISH. Pathetic people to serve. Please do needful to get my problems solved.


{{Hi IndiaBulls Team,
I am Sai ramesh k who has resigned on 6th of sep 2011 and my last working
day in the company was 30th sep 2011.
MY emp id is 170817.
I got my salary Cheque from your side of amount of 7629.49rs/- which was an incorrect amount as per my attendance.
I need a correct break up structure for this. I was having so many paid leaves as pending as well. I had punched my attendance on all those days which i was on the notice period.
I need my full salary. How can you all eat my salary without showing a correct reason.
This is the way to treat an employee at last when he is submitted his resignation papers. ?
I am going to file a case just after 2 days if i did not receive any feedback from you side.
I feel pity on company who does not care an employee at any stages. Forces employees to resign from the company without reason and later on cheating those all after deducting their salary as well. I am well aware of the procedures which i can choose against your ignorance to my Liberties / Rights.
So kindly act on this and provide my full salary as soon as possible.}}

I (Siddhesh Prabhu) brought flat No. C-1001 when INDIABULLS Green Panvel project was in its nascent stage.
During that point of time I believed in the project and handed over booking amount of 1,00,000/- on the 6/10/2009. The contact details were exchanged and thereafter no further correspondence took place. Until on checking on our own accord it was found that 2,40,344/- was due on us, The same amount was paid on the 14/11/2009. This amount was short ands an additional 15,000/- was paid on 12/12/2009. After that on 19/06/2010 payment was made for 3,55,344/- after telecon with the Callcenter . Thereafter on April 2011 during my visit to Indiabulls office in Lower Parel, I was informed that the whole project was changed and that my allotment of C-1001 was changed to some random building. After due consultation for over three hours we arrived at a settlement and I bought into 1E-1504 (options were hardly tantalizing). After that payment was done for 9,91,707/- on 28/06/2011 and service tax payment of 25,836/- was done on 23/07/2011.
The money was kept by Indiabulls for a period of 2 years and thereafter ditching me and making me settle for something less was sad. To make matters worse the correspondence is done by mail where the mail i.d is wrong correct mail i.d [protected]@gmail.com and not [protected]@gamil.com. The telephone number is right, but nobody bothers to intimate us on the phone.
. The delay in the payment of money was due to lack of knowledge on my behalf. But the change of plan was not co-ordinated and new agreement dated was done in June 2011. So my money was held by Indiabulls for the 2 year period without my knowledge or clearence.

Then they have charged me 18% interest on delayed payement. They should cancel this extra charge and compensate me for mental agony I had gone through to have a home at Indiabulls Panvel project.

Dear Sir/Madam,

By said, employee of Indiabulls I had invested 1,00,000 INR in Indiabulls Securities Ltd.

Employee said me that I get much more return of investment in Indiabulls Securities Ltd.

I deposit money in Indiabulls Securities Ltd bank account by two demand draft of rupees 50,000 at the date of 18/09/2009 and 19/09/2009 respectively from my HDFC bank account.

But in that I had mailed scan copy of deposit receipt to that employee. and that employee shows that scan copy to Indiabulls Securities Ltd. and employee told Indiabulls to deposit money in him account of Indiabulls securities Ltd.

And I don't know any thing about this. whats happening behind me.

After long time I didn't get any replay from that employee. & no return!

And so I have to contact Indiabulls Securities Ltd., and they said that no one demand draft received by us of your name. At that time I understood what happened behind me.

Regards,

Taraben N Mojagar.

C/o Narendra D Mojagar.

[protected]

Loan delay with intention of not disbursing it after sanction

[protected][protected][protected][protected]

hi guys,
i m writing this to inform u all of the big cheats called 'INDIABULLS'.
i applied for home loan to indiabulls in the month of July 2011 through Mr Prateek,
they took a cheque of Rs 5500/- and have got it encashed,
after lot of delibrations and studing my papers for 1 months they sanctioned me a loan of 33,00000/- in the month of Aug 2011, i still have a copy of their Sanction letter.
Since Aug i m in touch with their executives at Faridabad branch (Mr Khare, Mr harish & Mr Ankit),
but these guys have been fooling me by asking for new new papers & undesired documents on daily basis,
they have even lost few of my orignal papers and asking me again for it,
I dont know the contacts of their top bosses so as to inform them about this non-sense,
the lower executives are earning a bad repute to the firm.
plz help me on the issue by suggesting the way out.
Tarun-[protected]

Iam Pravat Kumar Rout From bhubaneswar i working in indiabulls securities ltd for last 3 months ibulls give me 1 month of salary but last month they dont give me any salary .
i give complain to branch manager he told me iam not authorised to take any action about your salary ...
if they not give my salary i face many problems in future..



Plz help me

Regrds
pravat kumar rout
emp code-181479
mob-[protected]

I writing this complaint against Indiabulls Securities since my PF request not processing at their end when i have submitted all PF related documents. I have been informed after 2 year about the recovery notice when i do not have to pay to Indiabulls. Now, they are saying to clear me the dues only then the request will be process. I wants your help as i belongs from a middle class family and i have need of money and they are saying me to clear the dues.


Regards,

Mohit Nagpalab

[protected]


From: "mohit nagpal"<[protected]@rediffmail.com>
Sent: Sat, 10 Sep 2011 22:22:57
To: "ecf"<[protected]@indiabulls.com>,"[protected]@indiabulls.c...⇄
Subject: Re: <AUTO> 'Indiabulls=[protected]' pod details
You do not have rights to stop my PF request, process it on priority, otherwise i will write next mail to consumer court.


Regards,

Mohit Nagpal

[protected]


From: "ecf" <[protected]@indiabulls.com>
Sent: Fri, 09 Sep 2011 05:46:22
To: "mohit nagpal" <[protected]@rediffmail.com>
Subject: <AUTO> 'Indiabulls=[protected]' pod details
Dear mohit nagpal ,

Thanks for having contacted us. Your message has been receivedSep 9 2011 5:45AM. We will revert back to you shortly.

This is a system generated response to acknowledge receipt of your e-mail. We will respond to you at the earliest. Please mention your Employee Name & Employee Code in all your communications with us and also ensure that the mail is being sent from your email id registered with Indiabulls.

Please mark mail at below mentioned mail Ids for particular queries.

1) [protected]@indiabulls.com - To update resignation of an employee.
2) [protected]@indiabulls.com - To query about the salary and salary slip of Working employees of Security Division
3) [protected]@indiabulls.com - To query about the salary and salary slip of Working employees of Loans Division
4) [protected]@indiabulls.com - Tax Related query for Security division
5) [protected]@indiabulls.com - Tax Related query for Loans division
6) [protected]@indiabulls.com - For any query related to linking of bank accounts

Regards,
ECF
Indiabulls



-----Original Message-----
From: mohit nagpal [[protected]@rediffmail.com]
Sent: Friday, Sep 9 2011 5:38AM
To: [protected]@indiabulls.com [[protected]@indiabulls.com]
Subject: pod details

Can you clarify more about this ?

Regards,

Mohit Nagpal

[protected]


From: <[protected]@indiabulls.com>
Sent: Thu, 08 Sep 2011 09:36:31
To: "mohit nagpal" <[protected]@rediffmail.com>
Subject: Re: pod details
Dear Sir,
As per statement by ECF Team, their is some recovery against you so plz contact to them immediately on given below numbers :----
[protected] Mr. Satbir Singh) & [protected] Mrs. Gurmeet ) , id is [protected]@indiabulls.com


Thanks & Regards,
Sandeep Kumar Singh
Human Resource Dept.,
Direct :[protected]


----- Original Message -----
From: [protected]@indiabulls.com');" >[protected]@indiabulls.com
To: mohit nagpal
Sent: Tuesday, September 06, 2011 5:24 PM
Subject: Re: pod details

D/Sir,
We have received your PF Withdrawal application.
If you have releaving letter then plz send us a scan one.



Thanks & Regards,
Sandeep Kumar Singh
Human Resource Dept.,
Direct :[protected]


----- Original Message -----
From: mohit nagpal
To: [protected]@indiabulls.com');" >[protected]@indiabulls.com
Sent: Saturday, September 03, 2011 10:23 PM
Subject: Fw: pod details

Reminder 1

Regards,

Mohit Nagpal

[protected]


From: Mohit Nagpal <mohit.[protected]@religare.com>
Sent: Fri, 02 Sep 2011 12:02:59
To: <[protected]@indiabulls.com>
Cc: <[protected]@rediffmail.com>
Subject: Fw: pod details
Dear Concern,


Kindly update the status of PF form sent via below said way bill number.


My PF numbers are DL/17866/693 –Indiabulls Securities Limited


And


DL/31202/1065-Indiabulls Financial Services Limited


Regards,


Mohit Nagpal




From: speedman services [mailto:[protected]@hotmail.com]
Sent: Wednesday, August 31, 2011 12:34 PM
To: RSL; mohit.[protected]@religare.com
Subject: RE: pod details


dear all


it is already delivered and received against signature



regards

sachin

SMS COURIERS
SAI SADAN,187A-SANT NAGAR,
MAIN ROAD EAST OF KAILASH
NEW DELHI-110065
Ph:[protected],26214454,
26431222,26441222
[protected]@hotmail.com
[protected]@smscouriers.in
WebSite-www.smscouriers.in



From: bhatt.[protected]@religare.com
To: mohit.[protected]@religare.com; [protected]@hotmail.com
Subject: pod details
Date: Tue, 30 Aug 2011 12:56:10 +0530

Dear Mohit


As discuss pls find the pod details of your courier as desired


Dear Sachin


Please update delivery status of the same on urgently



Awb no 50098999 – speedman courier





Thanks and Regards

Prakash Chandra Bhatt |

Religare Securities Limited ,

First Basement , A3,4,5, GYS Global Plot No - 11, Sector 125, Noida (UP)

T:[protected], M:[protected] | http://www.religare.in

Values that steer us ahead: Passion | Innovation | Ambition | Diligence | Teamwork

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Disclaimer :
This email communication may contain privileged and confidential information and is intended for the
use of the addressee only.If you are not an intended recipient you are requested not to reproduce,copy
disseminate or in any manner distribute this email communication as the same is strictly prohibited. If
you have received this email in error, Please notify the sender immediately by return e-mail and delete
the communication sent in error.Email communications cannot be guaranteed to be secure & error free
and INDIABULLS is not liable for any errors in the email communication or for the proper, timely and
complete transmission thereof.



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Disclaimer :
This email communication may contain privileged and confidential information and is intended for the
use of the addressee only.If you are not an intended recipient you are requested not to reproduce,copy
disseminate or in any manner distribute this email communication as the same is strictly prohibited. If
you have received this email in error, Please notify the sender immediately by return e-mail and delete
the communication sent in error.Email communications cannot be guaranteed to be secure & error free
and INDIABULLS is not liable for any errors in the email communication or for the proper, timely and
complete transmission thereof.



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Hi
I buy a house from paramount florevilla sector 137 noida, and requested a home loan from indiabulls financial ltd, submited all documents and chq of 1108/- Rs, after few weeks I got update your loan is approved, and now when I ask for disbursment of amount to builder, now they are saying due to some reason we are not releasing amount to builders, after this I requested them to returns my documents and amount charged as processing fee, but are not giving back, after so many followup, still no updates and no loan amount and my processing fee is given back to me. And now saying me you can not do any thing, what every you want to do you can go ahead.

Sales guys : abhisek - [protected] / Manager amit - [protected].

sir
i have taken home loan from indiabulls housing finance ltd of 29 lac got 27lac dispersed only possession money of 5% is left the builder may take say 6 months to give possession till then i have to pay pre emi as asserted by the company ie 23x6=138000 one lac thirty thousand as interest i am salaried person i am not asking for any less in interest all the property papers as per satisfaction of the company are mortaged in name of ibhfl on the basis of which they have dispersed 27 lac
sir i requested again and again to the company to start my emi i cant pay say one lac as preemi and then pay 15 years as emi my this 138000 are additional burden to me but no one pays any heed it is also learned that other banks customers whose possession money is not dispersed for more than one year are paying emi and they are happy kindly help and take necessary action promptly
file no HLBHT1105001 LOAN ACCOUNT NO HHLBAT00087490

BEWARE OF INDIABULLS HOUSING FINANCE LTD.

I was promised a fixed rate of interest for 24 months.( 12 months +12 months) Now Indiabulls have stopped the fixed rate of interest after 8 months of the 1st plan claiming it was only till the financial year. No one had informed me at the time of disbursement.

My copy of loan documents were sent to me after 6 months and that too after being behind there backs for 6 months.

No where it is mentioned in my copy that the duration of fixed rate of interest is only for financial year. In fact only the rate of interest is mentioned and no duration is mentioned in my copy.

I had given a part payment in march 2011. But the EMI for Apr-2011 was taken at the earlier principal amount stating it takes 20 days for processing. This is from a company which claims to disburse a new loan within 48 hours.

i have communicated with Domnic Hilton and Ketan Talati( WEST INDIA HEAD) but both are full of promises and zero on delivery.


I have been communicating with their customer care which I do not know why they call as customer care.
They keep on saying your matter is under investigation and reply after more than a month.

My sincere advise to all to stay away from this company. These guys will go to any extent to dupe the customer. They will lure you with all promises in the beginning. Once you fall in their trap you are finished.

Capt. Sandeep Singh

Dear Sir,

I ve booked a flat at Indiabulls Panvel (GREEN), Flat # J 802 in Jul 2009 and paid 20% of the booking amount as per their demad letter.

Since last one year there has been no communication from the developer in terms of demand, regitration or progress of the project.

Ive sent several mail to thier customer care and CEO, but no reply. I understand from some other sources that they have changed the plan for the project.

What should I do in above scenario.

Thanks & Regards

Manoj K Agrawal

Indiabulls housing finance ltd is a worst. AS i submitted all the supporting documents for home loan.one of the executive called jayaram who is proceesing my loan and also collected rs.1015 as a proceesing fee and next day he called and told that give rs.10000 for legal proceesing fee this amount is given as well.the proceesing is still gone to one month.

And after one day i went to Indiabulls housing finance ltd,kormangala bangalore i got a information from the manager praveen he already left job we dont have any information abt the home loan.final i lost rs.10000, waste of time and upset.

My suggestion please do not apply loan in Indiabulls housing finance ltd.