Unitech — Re: Harassment from Unitech - delay of more than 7 years in possession

Address:

New Delhi, Delhi

Dear Sir/Madam We have booked an apartment (Tower 23, Floor 12, Flat no 1203) at Unitech Horizon, Plot no 6, Sector-pi-02, Greater Noida. The possession of the apartment was scheduled for 15th November, 2008(as in mentioned in the agreement). We have already paid Rs 47.5 Lakhs. We have visited tower 23 several times (in which our apartment is booked), till now no construction work is going on and it is likely to take a lot of time to complete the construction. There has never been intimation from your end, as to the reason for the delay in construction, and hence we really do not know what specific reasons exist for the delay. Whenever we ask we are told 3 more months, from the last 7 years it is going on ... . We never expected this to happen from such a reputed “Unitech Group”. The rates of properties in the last 7 years have risen at exponential rates and if that money we would have invested anywhere else, we would have got good returns on it. In this case we are losing more than Rs 20 lakh as interest cost on our investment. Your esteemed company which is one of the biggest in Indian real estate, is tarnishing its image by harassing its customers who have put their hard earned money and trust with the company. From 2008, it is 2015 and still no possession, there is a limit to the patience of common man. After multiple visits to site offices, property locations, emails - we dont know what to do I am sorry to say but tomorrow there will not be any customers left to invest in your projects if you harass hard earned money of your trusted customers like this ... For such a small amount I dont understand why a large group like Unitech continues to gather negative goodwill... I sincerely hope that you will take notice and redress ours, the common man's problem. Customer Code - UZ0912 Allotment Date : 8-May-06 Capricorn Packaging & Manufacturing Private Ltd. - Phone no - [protected]