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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

Editor's note: On suggestion of our readers, we went to the Raheja project sites that were said to be misrepresented in the Raheja Advertisement, and recorded them on video. Here is our report:

Misrepresentation of the Raheja Atharva Project:

Misrepresentation of Raheja Vedaanta Project:

Misrepresentation of Raheja Navodaya Project:

Misrepresentation of Raheja Atlantis:

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:

  1.  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.
  2.  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.
  3. Company can increase the price.
  4. 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.

< Raheja Developers Office Gheraoed By Aggrieved Customers Of Atharva, Navodaya, And Vedaanta | Journalism Dept Of Chaudhary Devi Lal University Launches e-Paper >

MISLEADING ADVERTISEMENT BY RAHEJA DEVLOPERS P. LTD. - Atharva, Navodaya, Vedaanta, Atlantis | 6 comments (6 topical, 0 hidden) | Post A Comment
You Tube (5.00 / 1) (#2)
by RigidRock on Sun Dec 21, 2008 at 11:13:14 AM EST
If you are really committed, then create a channel on you tube and upload interviews of all those who suffer due to unfair trade practices of the builder.

[ Reply to This ]


Complain at MRTPC (5.00 / 1) (#1)
by RigidRock on Sun Dec 21, 2008 at 11:11:05 AM EST
As you know that our beloved elected government has constantly frustrated any attempts to regulate real estate business in India. Real Estate bill has still not been passed by the parliament thanks to intense lobbying by the builders and bribes paid by builder to politicians for project approvals etc.

If you want to take legal route then you can complain at consumer court, MRTPC or at transparency international. I feel the corruption in the private sector is serious problems and it has gone unchecked unlike problem in the government sector where you have RTI etc. Nevertheless corruption in the private sector or in the  government targets the same victims ie. consumer.

Please file complain at the following institutions:

  1. DTP at Chandigarh. (Ask them to suspend giving future licenses to Raheja unless they correct their practices.
  2. State Consumer court
  3. MRTPC Director General Bikaner House Barracks Sahajahan Road, New Delhi.
  4. Transparancy Interenational
  5. Registrar of Companies in New Delhi.
  6. Complain at RBI

By complaining at these institutions you will have maximum chanced of getting a firm punished or blacklisted and directors will not be able to do business.

[ Reply to This ]

rigid rock (none / 0) (#4)
by rahul16 on Sat Jan 31, 2009 at 10:02:02 AM EST
u are talking like a kid, u must be some fool that talking like in such an irresponsible manner.
do u know how difficult is to move all the goverment machinery.. there ate 100's of approvals n sanctions required to start construction.

[ Parent | Reply to This ]


rigid rock (none / 0) (#3)
by rahul16 on Sat Jan 31, 2009 at 10:01:33 AM EST
u are talking like a kid, u must be some fool that talking like in such an irresponsible manner.
do u know how difficult is to move all the goverment machinery.. there ate 100's of approvals n sanctions required to start construction.

[ Parent | Reply to This ]

Be proactive, buyers (none / 0) (#5)
by fubar on Sun Feb 01, 2009 at 12:40:34 AM EST
So what is difficult must not be tried as well?

[ Parent | Reply to This ]

future of n mba/btech colleges in gurgaon????? (none / 0) (#6)
by bitseee on Sun Feb 01, 2009 at 03:49:56 AM EST
in last 4-5 years many mba/btech colleges like GITM,KIIT etc have opened in gurgaon where students mainly belong to PEOPLE/FARMERS who have sold their land for crores ....

but now with no sale of land what is future of these colleges. will we see sharp drop in students enrollment from now on.

can these colleges close down in next 4-5 years??


[ Parent | Reply to This ]





MISLEADING ADVERTISEMENT BY RAHEJA DEVLOPERS P. LTD. - Atharva, Navodaya, Vedaanta, Atlantis | 6 comments (6 topical, 0 hidden) | Post A Comment

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