Hi Guys
The problems are far more bigger than we had originally envisioned.
Point 1 : Its been FOUR years, and there are towers for which even the roof slab casting has has not been completed,
Anyone having basics in the industry can point that the tower erection is the least time consuming job for builders and they usually do it fast because it gets them money. We have got opinion from people who have expertise in the area, and it is clear that
not even 30 % of work has been completed by RPS in FOUR YEARS.Few of our members have also been speaking to other projects RPS is working or has worked on in past, and based on our insider sources, RPS has already invested all the money we paid for Savana in other projects and there is NO MONEY and NO CONSTRUCTION HAPPENING in Savana for over 1 -1.5 year. I am not trying to scare you off but these are the ground realities
So if we are hoping of getting possession of the apartment we paid for, we should think in term of years than months, That too can only happen if we remain united.
Point 2 :
Let's try understand the money involved -
RPS has always maintained that have sold out all apartments, I had approached them in July 2007 and was told all 2200 apartments sold out for Savana Project, Even if think there are 50% flats actually sold, count is 1100
Based on the construction or down payment plan opted, each one of us have already paid minimum 20-25 Lakh to the builder and another 3-4 lakh to bank, so based on a rough estimate 25-30 lakh per apartment, mathematics says it is a matter of minimum hundreds of crores
25 Lakh * 1100 flat = 275 CRORE
Regarding the suggestion posted for consumer forum, There are multiple forums we are going to approach for our grievances for the deficiency of service rendered by the builders, National Consumer redressal NCDRC will be one of the agencies we would possibly approach, along with other agencies we are trying to pursue our cause. District or state commission will not help, as the case is beyond their jurisdiction.
District Consumer Forum handles cases of value of upto Rupees twenty lakh, State Commission for value upto Rupees one crore and the National Commission for value above Rupees one crore, in respect of defects in goods and or deficiency in service.
We paid for a LUXURY APARTMENTS, Currently there is neither LUXURY nor an APARTMENT in picture near future.
If I go as an individual and argue with builder for my 30 Lakh, he may not listen, and probably none else may pay attention, But if remain united in our fight, there are much bigger hopes of getting possession of flat and the amenities we paid for.
So guys please be serious about it, Majority of us are middle class people and its no small amount for us.
Wake UP before its too late.