Temple Rose Real Estate — Criminal Breach of Trust, Fraud, Cheating

Address:	Mumbai City, Maharashtra
Website:	www.templeroseonline.com

I/we Vaibhav Vishwakarma Writing this complaint on behalf of myself and my team. This Complaint is against Dadar Based Real Estate Company Named Temple Rose Real Estate Pvt Ltd. Dealing in Proposed N.A Bungalow Plot Project And 100% Assured Buy Back Schemes. Having its Registered Office at, 201, 202 Parasmani Tower Naigaon Peth Lane Near Dadar Station Dadar East Mumbai – 400014. Mr Devidas Sajnani ( MD) Mr Keshav Iddya (Joint MD).
This Company sells Proposed N.A Land Project With Receiving 20% Booking Amount On Plot Value and Balance They Give 36/48/60 Months Installments. Secondly this firm had assured to investors their money would double and give them land papers and as a form of Surety. It has Been Functioning since 2007 and launched four separate Schemes Buyback, Income Growth Plan, Guaranteed Double, Monthly Installments. The Firm Issue Agreement for Sale, Allotment Letter and Post Dated Cheques to the Investors. Client has to Invest money in Favor of Temple Rose Real Estate Pvt.Ltd Only There Projects are Having in Various Location Such as Neral, Sahapur, Murbad, Pune, Hyderabad Etc.
I/We were working in this above said Company From 01/01/2008, as a Sales Advisor/ mediator for Company on totally Commission Basis Which we Gets from Company Only. As We Don’t Demand Anything from Buyers.
Due to lack of management we and our clients who were invested in this Company are Facing lots of issues regarding Clients, Advisor Commission & there Commitments whatever Company had Promised regarding Development the Plot of Land, N.A ( Non-Agriculture), Clients Registration, infrastructure Development, buyback scheme plans and Advisors Commission but company had failed to fulfill all the Commitments on given time to our clients and Advisors.
As per the company’s circular (Request Letter) they are unable to pay the Quarterly buyback Dues and Maturity Payments in time and taken Decision to Stop the Benefits from day of 31st March 2016.and to refund the principal amount of all the clients due to slack market conditions, Financial Crises and due to delay in getting NA Sanction in different Projects, the company’s fund is blocked.
Due to all these situations the Buyers money is stuck in this company and we are facing lot of issues from buyers. Iam not responsible for any kind of transaction done with temple rose as we were working as a mediator/ Advisor. As buyers payments had done with templerose and buyers had Received all Kind of Documents from Company Pertaining to Property
We are ready to support our clients/ Buyers but we we are not getting any genuine response of calls Emails Messages Personal Visit to company after waiting so long to meet to Sajnani we are hearing since one years from Mr. sajnani he says every time the things will be sorted out and company will get out from all this but still we are not get any kind of solutions. its an Humble Request to please do the Needful as Earliest.

Thanking you
Vaibhav Vishwakarma