SRS Real Estate Complaints & Reviews

Hi I have booked a floor of 250 Sq Yards worth Rs[protected]BSP)+ 121000(EDC/IDC) in SRS Prime Floor Sector 6 Palwal on feb 2011. On booking builder promised us following things.. - Construction will be completed in three years. - Building will be till 2nd floor only. - ownership of roof will be for second floor owner. - All other facilites ( Swimming pool, park, Schools, hospitals etc) will be available. - Allotted us flat number also before construction ( Provisional allotment) even after three years no construction is started yet, we have already made three payment Rs.(~6-6.5 lacs). Now after three years, they are asking to sign buyer seller agreement having following conditions.. - No penality clause for completetion of project( still not assuring when it will be started). -Other floors can be construct after 2nd floor which was not at the time of booking . - if not construction on 2nd floor, roof ownership will be for both first floor as well as second floor owner. Althogh seconf floor owner paid Rs 50000 more that first floor owner. - Price will also increase. - No other facility is available .. - any many more points in agreement. This is harasment for all o[censored]s, we are not getting any updates. Even we are not getting any satisfactory reply for our queries. Management is not willing to meet and discuss on the same after so many efforts put by us. Please helpus and let us know what can dbe done legaly against them, so that we can get our floors on time as promised at the time of booking.

Builder has sent an demand latter on dated 02.06.2012 stating that we need to pay Rs.210002 on or before 05.07.2012 against enhanced EDC (External Development Charges) by DTCP Haryana. apart from this they are demanding Rs.75/- per sq.ft for EEC (Electrical Equipment Charges) from each buyer and UCC (Utility Connection Charges) as Rs.20,000/- and they are going to send the demand for Lift Charges and Club membership Fee which is close to Rs.200000. Against their demand i have send several email communications and reminder and many phone calls but they have not reverted so far, i have visited 2 times to their Faridabad office too but security guard and bouncers have allowed me to met with their management.

Now today (i.e.04.07.2012) i have made the payment for Rs.210002/- against their demand, but still i am awaiting for the following mentioned concerns from the SRS:

1. What was the purpose or need of SRS to change Pearl project from G+2 to a G+3 housing society whereas it was advertised G+2 at the time of booking?

2. BSP is revised from INR 15,99,000/- to INR 19,36,922/-, a foot to head difference of amount, any specific reason? Besides, what do we get, as a buyer/allottee, of the enhancement in the BSP price?

3. As per your revised EDC calculation, an individual needs to pay INR 373/- for per Sq’Ft’ area, I would like to know how this figure of INR 373/- being calculated?

4. Earlier EDC charges was demanded and paid in various installments, why this so called enhanced EDC being asked us to pay in one time payment and that to within a month period.

5. UCC charges intimation stand for what and how do we get benefited by paying this amount?

6. What are the criteria to calculate the UCC @ INR 75/ per Sq.ft.

7. EEC charges refer to what and the necessities of it?

8. In my visit to your Faridabad office on dated 16.06.2012 It was told to me by one of your office representative that very soon buyers will be asked to pay Lift Charges, and Club membership charges whereas it was not mentioned in your advertisement and buyer’s agreement, I have visited the construction site where I understood that super buildup area got reduced because of lift provision, if this is true then what is your justification for this and is this mandatory to pay the said charges for all buyers and why?

9. Under which clause(s) of the buyer agreement all these demands show its relevance and gives you right to demand the money suddenly?

All,

SRS real estate ltd is asking for 2.5L in interest penalty and 3.5 L additional for Super area (difference from area mentioned in allotment letter), for getting possession letter for a flat where there is still no water supply . The project has taken 4 yrs to supposed completion even though alloted time was two years. Due to this delay, the loan provider LIC cancelled the loan amount which led to agony and horrid experience in get loan reinstated (till now it is not reinstated.. that is another complaint altogether).

Given the poor record of completion and bad customer treatment, building license of SRS real estate should be reviewed.

Hello,
I have booked a flat in SRS pearl project in 2009, now almost 1.5 year completed to booked a flat, till now I don’t have any allotment letter received from SRS.
I had already several times visited in SRS office for allotment, they always says land is not approved and wait for 2-3 month.
Now partly land is approved after that they didn’t give me any allotment letter. Now they says you will consider in second phase allotment that will be held in next 6 month. And also SRS increase BSP price and decreases the flat build up area. At the time of booking in which have only 3 floor but SRS increase 1 flat also, now in which have 4 floor in a building. This is also not communicated by SRS
Please take action on SRS and send them some legal notice for the same. And please help me and getting me allotment ASAP.

Thanks and Regards,
Sachin Satija

Dear Sir/Madam,

I had applied in SRS Pearl Project Sector-87 in Faridabad. I have given the cheques for two installments.

Builder has agreed for 3rd installment to get delayed till he does the allotment subject to the condition that customer submit the sanction letter from bank for home loan.

My bank has put the objection that builder's paper work is incomplete so they will hold the sanction...

Dear Sir/Madam,

We have booked a floor in Sect-87 Faridabad under Project "SRS Pearl"

The company SRS has taken two stallment cheq but cancled our booking without our fault.