Lodha Group — Wrong improper information provided during booking

Address:Mumbai City, Maharashtra, 400011

I have invested in flat at Thane Vivanta by Lodha. When i was taking decision to book informaiton provided to me was that the payment schedule will be about 2.5-3months for each set of slab which is included in contract. This informaiton was hand written and provided to me as the payment schedule is not included in contract. As investor i took decision based on finances which i could generate with the time period provided. When the payment started Lodha has started sending demand draft asking for payment every 3 weeks. There is no change in the possession timeline which is Dec 2017. On asking why so much difference between informaiton provided during initial information wich was shared time and actual payment schedule as there is no change in possession timeline they speak about Mivan technology. It is so hard to believe the lies as Lodha would have known what technology they would use and what time line they will be demanding money. This is misinformation to consumer who is not planning burden of loan and takes decision based on the financial situation is pushed to financial crisis situation. They also threaten 18% interest if you dont pay on time. In addition they are not even ready to listen about information shared and keep responding that was tentative timeline. As consumer i fail to understand how come there is so much difference between tentative timeline of 3months and actual payment demand of 3 weeks. This is cheating my misinformation to consumer when they are taking decision to invest or not invest based on their financial situation and then there is no way left for consumer. I find myself in such difficult financial situation because Lodha provided wrong information. Also learning which i want to share with other consumers who are planning to go ahead with investment with Lodha.
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Lodha Group customer support has been notified about the posted complaint.
Feb 12, 2016
Updated by ritusing
sorry possession is Dec 2018
Feb 12, 2016
Updated by ritusing
...
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