Complaint Details

Status	:	Closed
Complaint No	:	0037865/2014
Category	:	Real Estate
Date	:	28-12-2014
Subject Line	:	Non Refund of Booking Amount
Complainant	:	Avinash Roshan
Address	:	102 SR Regency 10th Main 8th Cross Maruthinagar Malleshpalya
Complainee	:	SRR Homes/ Excel Dwellings
Address	:	No. 44, 3rd Floor, 12th Main, 17th Cross, 6th Sector, HSR Layout, Bangalore-560102

Complaint Details
I entered into an MoU for the purachse of a plot in the project HYDE park with M/s SRR HOMES, a Partnership firm, having its Office at No. 44, 3rd Floor, 12th Main, 17th Cross, 6th Sector, HSR Layout, Bangalore-560102, represented by its Managing Partner Sri. Allu Siva Rama Krishna Reddy.

As per the MoU SRR Homes had to register the plot in my name within 6 months from the date of entering into MoU, and If they fail to do so were liable to refund my amount of 4.5 lakhs with 18% annual interest.
It has been close to 4 months I have requested for the refund once 6 months period got over and they are not entertaining my request.
Interestingly this project was launched in 2012 and many people have invested since then and none has got the plot registered because this project has not been approved.
When one contacts them, every time they say it will get approved in next two months.

It is a hard earned money and I feel it will be very difficult for me to get money back.
Please help me in getting my money back. I will remain grateful.
About this builder there are so many complaints already filed but he is so audacious that he is still fooling around the people with fake promises. It seems he think in India he can easily get away with the law and authorities.

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