Lodha Group — Booking Amount Forfeited without a Valid Agreement

Address:

Macrotech Developers Limited ( Formerly Known as Lodha Developers Limited. Lodha Excelus, N.M.Joshi Marg, Mahalaxmi Mumbai 400011

I would like to bring to the notice of general public that I had visited Lodha Group CASA Eden A901 - CRN – 2219983 at upper thane to enquire about their property on June 2022, Myself, my Wife and Daughter visited their site after their constant calls to visit and check the property.

Since I already had a ongoing loan, I didn't had any intention of buying any flat I was just checking how is their upper Thane property looking like. But I want to caution all, once you enter their premises you can't go back without booking a flat and somehow, they convinced me and unfortunately, they made my daughter the Primary holder of the property and myself as secondary holder, i still regret why I had taken my daughter along with me. I had to pay from Credit Card as they convinced me that rates are about to increase the very next day and this offer of 2BHK would not be there, they also showed me a false what's up message about price hike and about 100 Flats sold in the last 30 days and only few units are left. If 100 Units were sold within 1 Month, why is that they kept following up for Money for a Flat which I had communicated I had cancelled the booking they could have easily sold this flat to other buyer and refunded back my money. I doubt if their Flats are selling who would go to such builders who don't have honesty and don't show any empathy on someone.

After I paid them around 5 % of the Flat Cost which is around 3 Lakhs first by Credit Card Swipe and later by NEFT. We came across personal challenge wherein we could meet the obligation of paying the EMI hence we decided to convey to Lodha Group about our intention of cancelling the Flat and asking for a Refund of Booking amount since we didn't go ahead with the Registration. Only my daughter had signed on Pricing sheet on A4 size Paper, apart from that we didn't sign any document nor was the property registered in our name.

I went personally and met the sales team on 25th July 2022 and from then onwards till today 29th May I have been following up for my refund even emails written to their CEO has reached deaf ears. I went through lots of financial difficulties also because my daughter's marriage was fixed in Dec 2022, I pleaded with the Lodha Group to refund my money, but they refused to acknowledge my emails, these guys don't have any empathy towards anyone, while they started sending me regular emails on balance payment to be done at the earliest and on 29th May they sent me termination letter.

Dear Flat buyers please note once you go to this Lodha Group unless and until you are 100% sure then only approach them, but I would suggest if a builder does not have integrity nor Empathy and forfeits people money than one should not be going to such builders and waste your hard-earned money.