Supertech — Blackmail by Supertech Ltd at time of possession

Address:

Gautam Buddh Nagar, Uttar Pradesh, 201301

I booked a flat with Supertech Ltd in its Livingston Project at Crossings Republik, NH-24, Ghaziabad in April 2007 paying 15% of the then declared cost under the down payment plan. Immediately after that I started asking the company, in writing, for giving me status report/documents regarding its project clearance which the company never provided and as a result of which I could not get loan from Axis bank which they had even sanctioned in June 2007 itself but did not disburse because the project had no approval or clearance. My House Building Advance from Central Government was also rejected because the Supertech did not provide the documents asked for by my department. The company just kept me harassing, asking me to visit the site and to make the payments without giving me any papers regarding approval of their project whenever I visited their site office or Corporate office. Not only this, the Builder increased the area of the flat unilaterally and when disgusted with all this, I wanted to opt out of the Project, the two Directors of the company Mr. Anil Sharma and Mr. GL Khera told me that the company would deduct 20 % of my booking amount if I left the project. Thus I was badly trapped. I also met Mr. RK Arora, the CMD to complain against this but he also did not listen or provide any documents and rather pressurized me to pay the balance amount threatening a heavy penal interest. I was left with no choice but to continue with the project and wait for clearance/my loan. So, when finally there were some signs of project taking off in early 2009 and the IDBI bank offered me a home loan of Rs 14 lacs, I made payment of the balance amount to the company within a few days of signing the allotment letter in January, 2009 even though the company was not in a position to provide any approval documents even then. The allotment letter promised to offer me the flat in December 2010 ie 3.5 years later than the date of booking. But in fact, the company offered possession as LATE as April 2015 ie more than 8 years after my booking and 4.5 years after the promised date. I was shocked and stupefied that instead of giving me adequate compensation and penalty for the huge delay, the company has rather charged me an abnormally exorbitant amount of interest for not paying them the balance amount within one month of the booking amount, which naturally, I could not have paid in absence of any papers regarding Title to Land or Project Approval which they were unable to provide despite my continuous letters and which they have not provided even now. They have not only charged an undue heavy interest which is far beyond my capacity to pay (and which is in fact greater than the amount of loan taken by me), they have also inflated he charges payable at time of possession. Thus the total additional amount that I have to pay farexceeds the actual amount agreed to be paid at time of possession. The result is that even after offer of possession, I am not in a position to take the flat as I will become a bankrupt if I accede to the company’s treacherous blackmail. The company must practise some business ethics and not blackmail, harass and fleece its customers once they have made a booking paying a heavy amount to them. As there is no way I can pay this exorbitant sum, I am left with no option but to sue this cheater and fraud builder in court claiming compensation for this delay, harassment and blackmail in giving me the possession of my flat.

Asim Kumar
An aggrieved buyer of Supertech Ltd (like thousand others)