Parsvnath Developers — Delay in delivery of homes - exotica community in ghaziabad

4 Reviews
Delhi, Delhi, India
Parsvnath builders has sold me and my brother two units in their exotica development in Gaziabad few years ago with the promise to deliver in Q1-2016 but after year into the submitting the payments when we inquired about why the work has not even started for that floor we were told that they don't have permits to make that floor. It was an surprising (rather shocking) realization, after paying more than 50% of amount, that they sold us something which they didn't even have permission to build. It's been few years now and project completion dates and grace periods are about to end but company still doesn't have the permits or timeline by which they would have it.
Worst is instead of keeping the customers informed about the status of the project, they have not even responded to over a dozen of emails sent to them. At one time they even blocked my email id to not receive the communication. Really !! Is that how a company should treat their customers?
Not sure how much consumer right advocates can help in such situations but I am documenting it here so as to share the experience with people to make them aware of such potential experience (rather frauds) and hoping people would unit to stop this kind of, unethical and illegal, behavior from large companies.

Complaint Status

[Feb 22, 2016] Parsvnath Developers customer support has been notified about the posted complaint.
Complaint comments  3 Comments     Updated: Share0Tweet0


If anybody from Parsvnath is willing to respond to my complaint, please contact me at Saurabh.[protected] Thanks
We recently (15 days back or so) had planned for a meeting with Parsvnath officials by few members who had approached me for the same. We fixed up a date & time to reach the Parsvnath office in Shahdara but except me no body else reached and no communication sent by other for not reaching there.

However, since I had reached there I decided to go ahead with the meeting with Parsvnath. As per my meeting with the Project In-charge (Parsvnath Exotica - Ghazaabad), I have been informed that they have sold 3 additional floors for the towers C1, B4, B5, C2 & A1 i.e. they have official permission for 9 floors only but they sold 12 floors in each of the towers. But after building the structure up to 9 floors in these towers, they stopped due to the lack of the permission for 3 additional floors which they have not received till date and are still not very sure whether they will receive it or not in the near future.

For blocks D1-D5, as per the project incharge, there are no issues in terms of the permissions and they have carried out the work till date as per the sanctions. But the work has stopped in these blocks as well due to stoppage of work for the first 5 towers as mentioned above. The contractor was common for the D1-D5 towers as well who stopped work due to the issues with first 5 towers.

However, the Project Incharge has shown a glimpse of hope by citing a recent meeting (January 16, 2016) which was held by them internally and decided (verbal & internal to them as no public release of the same) that they are likely to resume work for the first 10 towers as mentioned above by end of March 2016. I have been asked to take a status update by March 20th 2016 or so from him on their progress to start the work for these towers. Though I am hopeful but going by their past record it does not seem digestible. I feel since we have waited for so long we can wait for another month or so to know their true intent to start the work.

For the towers in E Block, according to him, there are serious issues and Parsvnath is not sure sure if the work will start in the next 2-3 years also till they rework the building plan with Ghaziabad authorities.

My sincere request to all the members of towers C1, C2, B4, B5 & A1 and D1-D5 to reach out individually or collectively to Parsvnath officials in their Shahadara office in the next few days as per your own convenience and mount pressure on them to resume teh work for these towers in line with the information shared by the Project - Incharge to me otherwise we will continue being stranded, the way we are today.


I have formed a WhatApp Group call P'nath Exotica - Gzb RWA. Requesting all investors to share their numbers so that I can add you up.

Sanjeev Aggarwal / [protected] /

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    +91 11 4368 6600
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    6th Floor, Arunachal Building 19, Barakhamba Road, New Delhi, Delhi, India - 110001
    Parsvnath Developers - Delay in delivery of homes - exotica community in ghaziabad