Investors Clinic — BOULEVARD WALK LGF Retail - 119, non payment of monthly rental payout

santoshnnair

from Vellore, Tamil Nadu

Address:	New Delhi, Delhi, 110025
Website:	www.homeandsooul.com

We draw reference to a letter received from the developers informing your inability to execute your monthly committed returns for the period November 2016 through to October 2017.

Please note that the aforesaid monthly payments were committed by the developer and/or by the authorised signatories at the time of purchase of the aforesaid unit. The sale was concluded purely based on such inducement. Withdrawal from their commitments after we having fulfilled our part of the contract (by way of timely payment of our agreed installments) is highly disgraceful and not acceptable to us, for any reasons stated therein or thereafter.

The developer is therefore requested to please pay the future interests due by them in a timely manner or refund the full payment made by us of Rs. 10, 12, 296.00 on or before 31 December 2016 failing which legal proceedings shall be initiated by us.

It is strongly in your interests to avoid the additional expense and embarrassment of a court appearance. We strongly advise reaching at an amicable solution. We can be reached for discussion on [protected]/ [protected]

Regards,
Kanchan Nair

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Investors Clinic customer support has been notified about the posted complaint.

Feb 27, 2017

Updated by santoshnnair To,
The Directors,
Home & Soul,
T-70, D.D.A Flats, Sector - 7,
Jasola Vihar, New Delhi - 110025
Tel:[protected], +91 [protected]

Subject: Your letter dated 24 November 2016
Ref: REG/13-14/0607; Mrs. Kanchan Santosh Nair; LGF Retail-119

We draw reference to your captioned letter informing your inability to execute your monthly committed returns for the period November 2016 through to October 2017.

Please note that the aforesaid monthly payments were committed by you and/or by your authorised signatories at the time of purchase of the aforesaid unit. The sale was concluded purely based on such inducement. Your withdrawal from your commitments after we having fulfilled our part of the contract (by way of timely payment of our agreed installments) is highly disgraceful and not acceptable to us, for any reasons stated therein or thereafter.

You are requested to please pay the future interests due by you in a timely manner or refund the full payment made by us of Rs. 10, 12, 296.00 on or before 31 December 2016 failing which legal proceedings shall be initiated by us.

It is strongly in your interests to avoid the additional expense and embarrassment of a court appearance. We strongly advise you to take this opportunity to reach an amicable solution.

Yours sincerely,

Kanchan Nair
CEO & Managing Director

NB: When we instruct solicitors to litigate on our behalf, we pursue all cases to judgment and pursue recovery of all associated legal costs. We publish all registered judgments in trade journals, media and also report to CREDAI. Appearing in trade journals, social platforms and having a complaint registered with the CREDAI will have a severe impact on an individual’s or a company’s reputation and will make it considerably harder for them to obtain business in future.

Copy to:-

a. Directors - Regal Emporia Infratech Private Limited, Noida
b. CREDAI - 1st level grievance redressal cell