Panchami Developers — cheating by panchami developers bangalore / calisto projects marketing / alisha projects/developer. @ # got cheated
Sasatyamurty1976 on Nov 6, 2018
Cheating by panchami developers bangalore / calisto projects marketing / alisha projects/developer. @ # got cheated
Europa nature park project near greek agora, chikkajala :
2010 to 2018: is a long waiting period to hand over plots sold in 2010 by any developer in chikajala bangalore. We are talking about europa nature park, chikajala, bangalore.
We were skeptical about the calisto projects and panchami developers in chikajala bangalore, the marketing team, about unfair practices headed with mr. Ravindra kumar and mr. Venkatesh murthy, cheating and criminal breach of trust with about 230 customers in europa nature park, chikajala, north bangalore, as informed by mr. Kundan pandey who spearheaded a campaign but that was for his benefit only. The major dispute is still not over on survey number 66/6 and developer left the plot to the mercy of disputed landowners/plot owners and marketing agents mr. Ravinder and mr. Murthy. The modus operandi opted by the marketing team was to hold a plot each so that other plot owners have soft corner with them. Both of them bought plots to sell at a higher profit but not any takers yet due to land being not developed at all. There is no water and electricity as a basic necessity and facility. But till the regulator becomes a reality, buying property remains a risky task.
Presently mr. Ravindra kumar, is the director of, alisha projects pvt ltd sahakarnagar, bangalore-560092. His associate, mr. Venkatesh murthy is also a part of alisha projects. They kept a small plot to escape the wrath from plot owners and make easy money as they are investors. Calisto developers do get their plans cleared by the authorities, but did not adhere to them strictly.
The moot question is who is responsible, the marketing people or land developer, since plots were sold with a brochure from calisto projects and not panchami developers, since they took underhand bribe for registration of rs 35000/- from each plot owners. Both mr. Murthy and mr. Ravindra earned 65 lakhs by way of commission and other sundries like bribe for registration and they now possess 1 plot each. When truth and facts could not be digested four plot owners were removed from group. Their confessions were chilling in this ongoing issue.
In 2010, embattled developer, mr. Harinath reddy a small-time politician of bangalore with the help of local farmers made an agreement on 2008/2009 to sell their property. There was no value of the land at that point of time and selling price was rupees 400 per square feet. Calisto projects with their banner started marketing vigorously and made web advertisements to lure potential buyers whom 30% was nri’s. They sold plots at rs 1000/- and even now after 8 years, the price is rs 1200/-. There has been no development at all.50 plots are still unsold.
People waited until 2108 and harinath reddy, calisto developers just washed his hands off, telling plot owners to take over. The main gate was closed for 8 years and now opened and he exited from the place. Now the so-called self-elected president of europa nature park, mr. Kesavan prasad without the backbone is running behind harinath reddy. Harinath reddy made it very clear that in the layout, nothing would be done at all. Take it and exit. The grievances of the landowners included failure to deliver plots, non-completion of common area facilities and refusal to refund. Rera must be applied against panchami developers, office located somewhere in sahakarnagar, bangalore.
Plot owners formed their own committee and association without the inclusion of developer and now demanding with the wish list. The developer told association to do what they like with their funds collected about 5 lakhs as on today. The treasurer, mr. Awdhesh kumar informed land owner that he has enough funds and that he would make all facilities functional by themselves. Harinath reddy was in ecstasy and told awdhesh if he sort out this matter he would give awdhesh 2 lakhs as a diwali gift commission.
Project delays are one of the biggest problems plaguing the real estate sector and here in this case is 8 years delay and most plot owners watching as they bought the plot from black money. Income tax raid on these owner’s premises will liberate all black money as mr. Kundan pandey has been propagating to several owners. Over one dozen buyers have filed a case before the national consumer disputes redressal commission (Ncdrc) to get the possession.
Kundan pandey is doing organic vegetables business with “bosileaf” and he has been fired due to misappropriations of funds with this company. He has been befriending people and requesting loan and he has cheated 4 people in bangalore to buy a land near his apartment in singapura, vidyaranyapura, bangalore. He has quit secretary post of europa association as informed by treasurer, since his unethical activities would be known to public.
According to kundan pandey - a homebuyer can file a consumer complaint if there is a deficiency in services on the part of the developer. This is a cost-effective method as the court fee charged is nominal.
Under the consumer protection act, there is a three-tier machinery for redressal of consumer grievances. The district consumer forum is the initial forum and can entertain complaints where the value of the house and the compensation if any, claimed does not exceed rs 20 lakh. Where the value of the house and the compensation if any claimed exceeds rs 20 lakh but does not exceed rs 1 crore, the complaints will be entertained by the state consumer commission which is established in each state. If the value of the property and the compensation if any claimed exceeds rs 1 crore, the ncdrc will have the jurisdiction to entertain such complaints.
You can file a consumer complaint either where the registered/ branch office of the builder is located or where the flat you purchased from the builder is situated
A recent meeting was carried out and the association headed by mr. Kesavan prasad, who had no courtesy to post minutes of the meeting keeping all plot owners in total darkness, for whole one week and when few owners objected he scribbled something as he knew he is not going to achieve anything from harinath reddy. He was non - transparent in his dealings and approach and always introvert in his functioning. Kundan pandey expressed his displeasure in total dealings and held mr. Kesavan as prima facie as a person to damage all relations with the developer. Approved layout lost a substantial part of land and harinath reddy gave to a local farmer for cultivation (Something called common area).
A complaint has been lodged with all authorities, for cheating and delaying to hand over plots to land owners immediately and now seek justice from marketing personnel (Mr. Ravindra kumar and mr. Venkatesh murthy) and the embattled land developer, mr. Harinath reddy. There is sufficient material evidence these scrupulous people that they were fraudulent and with dishonest intention since the beginning of the transaction.
Despite the above observations of ours, the conduct and approach has never changed, hence we are posting after consulting them for last 8 years and we drew a line between justice and #got cheated.
For general public - please do not buy any property from calisto projects or alisha projects or panchami developers as they run risk like above. Those who choose to say that above facts are untrue then act appropriate in public interest but make sure that the layout is handed over with all amenities.
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