MISLEADING ADVERTISEMENT BY RAHEJA DEVLOPERS P. LTD. - Atharva, Navodaya, Vedaanta, Atlantis
By vpis, Section Gurgaon Real Estate Property
Posted on Mon Dec 22, 2008 at 10:56:39 PM EST
MARCH BY APPLICANTS TO RAHEJA DEVELOPERS PVT. LTD. OFFICE IN SAKET TO PROTEST FOR MISLEADING ADVERTISEMENT IN TOI 18.12.2008
Investors in RAHEJA DEVLOPERS PVT. LTD. please donot go by the FULL PAGE ADVERTISEMENT BY THE COMPANY IN TIMES OF INDIA on 18.12.2008 regarding their projects, especially about "ATHARVA", "VEDHANTA", NAVODYA. This ad is misleading to make fool of innocent public.
A visit to these sites by the people, one can find that no activity has been started whereas RAHEJA DEVELOPERS have advertised that construction in these projects is in full swing. IN ATHARVA EVEN PLANS HAVE NOT BEEN SANCTIONED.
Had, the plan of ATHARVA by RAHEJA DEVELOPERS PVT. LTD. been sanctioned, Company would have provided copy of the same to the applicants who marched to the office of Raheja today i.e. 20.12.2008 at 12 noon. No responsible person was available for comments. Only person available were Mr. Navin Behal and Dimple, who should their helpnessness regarding company affairs (Being their employee). Jyoti Anand, General Manager knew about people comming to the office on 20.12.2008 for getting copy of the approved map, which company had mischeviously and fradulently confirmed in their communications that the same has been approved, so already advised the applicants on 19.12.2008 that she will be on leave.
Applicants submitted a memorandum in the office of RAHEJA DEVELOPERS PVT. LTD regarding MISLEADING ADVERTISEMENT in the TOI on 18.12.2008.
Investors please BEWARE OF MISLEADING ADVERTISEMENT BY RAHEJA DEVELOPERS AND INVEST IAFTER VERIFYING THE FACTS and various clauses of the AGREMENT TO SELL WHICH IS ONE SIDED:
- In case of default by allottee, RAHEJA DEVELOPERS can cancel the apartment by forfeiting 15% cost of the flat and in case of DEFAULT BY RAHEJA DEVELOPERS THERE IS NO PENALTY.
- RAHEJA DEVELOPERS WILL HAVE MANAGEMENT RIGHTS ON SWIMMIG POOL, CLUB, COMMON SERVICES AREA AND POOL SIDE, WHICH THEY WILL PERMIT BY RECOVERING CHARGES FOR PARTIES, FUNCTIONS etc.
- Company can increase the price.
- IN CASE OF MAJOR ALTERATION / MODIFICATIONS BY RAHEJA DEVELOPERS resulting in + / - 10%, allottee have to agree, if they donot agree face cancellation alongwith 9% intt., whereas Raheja Developers take 18% intt. Other issues next time.
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