Unitech Builder & ICICI Bank — Inordinate delay, subvention scheme home loan

Address:

411015

Hi,

I have booked a flat in Unitech Unihome Phase -2 in Nov, 2012. I took loan through a subvention scheme from ICICI bank through Tripartite Agreement where I was lured by both Bank and Unitech Officials to apply for Subvention Scheme. I made a payment of 12 lacs and around 30 lacs was paid by ICICI Bank.

Currently in Nov, 2015 - the builder and not started the construction at all. It is only barren field instead of promised fat. And I am paying 30 K EMI per month to Bank from last 2 years.

I have been trying to reach Unitech, however their officials do not receive call or respond to emails. ICICI on the other had is also not doing anything except making profits through me.

I strongly feel that this is a case of forgery where Bank was very well aware from Day 1 that Builder is going to default, however even after this scheme was offered to me. Please provide me justice or let me know the options available with me to legally tackle this.

Thanks
Vaibhav Singh
vksingh.[protected]@gmail.com
+91 [protected]