Vatika Group — Sovereign Next

Address:Town Square, Block-A, Sector-82A, Near 42Km Toll Plaza, NH-8, Gurgaon - 122004, Haryana, INDIA

Vatika (Gautam Bhalla, MD of Vatika) has signed a buyback agreement against a flat in Sovereign next in 2015.

The duration of this buyback agreement was 36 months. At the end of the agreement, I was having two options.
· Option A: Either to continue with the booking and start paying per-EMI s myself
· Option B: Surrender the booking and Vatika will buy back the property. Vatika will prepay the loan which was taken from the lender.

I opted for Option B(Surrender the booking) and the property was returned to Vatika. I have been continuously following up with Mr. Gautam Bhalla and his team for the closure of the loan taken against the property, but there is no response. They are not responding to my emails and phone calls. I am taking the burden of interest on the property which already returned to Vatika

In the name of the buyback agreement, Vatika has done fraud. I need help to get closure on this issue.
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    Vatika Group  Phone
    +91 96 5056 6000
    +91 12 4435 5555
    +91 99 7100 3564
    Vatika Group  Address
    Town Square, Block-A, Sector-82A, NH-8, Gurgaon, Haryana, India - 122004
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