Friday, October 17, 2008

Sobha Developers - Blue Collor Cheaters-no ethics-robbers

Not all companies maintain their reputation. Sobha developers belong to those kinds of firms who leverage the reputation they earned in the past to the evil extent. The place where i booked, they delayed the handover by 2 years , on top of it they haven’t paid any penalty . They cited a reason saying we selected not standard tiles for bath rooms. We have paid 42K per month as pre-emi for extra 2 year , just calculate the kind of cost escalation … on top of it water, electricity connection charges tripled, registration charges double during those extra two years.

People are in wrong impression that sobha gives high quality; I did not find it in reality. The floor tiles they laid are at uneven level. Even after complains they rectified few highly uneven tiles but rest left as it is.

Looks like the management is very greedy, they offer less salaries and wages to the employees and laborers. So they are not able to retain people. Huge attrition. This is the main reason for the delays.

Behind Sobha Developers marketing machinery lies some dark truths

I brought an Appt form Sobha Developers in their Iris project . One major reason that I selected them was that they where the most reputed builder in Bangalore.

I required some modifications to my appt and that was done by them reasonably well. But from then on to my surprise they have behaved in the same unethical and cunning ways of a third grade builder.

The project got delayed by more that a year and half and they did not provide any compensation to most by using one obscure clause in the agreement . They also padded costs on all area that could do it increasing the net cost of ownership. The water connection cost BWSSB charges was initially told to us as would be around RS 70 thousand but turned out to be 2.2Lakhs plus .

The electricity connection costs was to be about 60k is about 1.3 lakhs and many more.
When asked for a break up they have not yet provided that. They are building their corporate office there and it looks like they are using iris to get the infrastructure for that.
The additional car park was to be about 2L and that is 3L now.

Also the per sq rate they quoted does not seem to mean much as they then tagged along land costs etc and not that looks about Rs.200 per sq. ft. that the original estimate.
As for quality it looks ok now not great . I have not seen my appt after full completion . Hope the final quality is what they make it out to be.

Sunday, October 12, 2008

Sobha Developers - Sobha Moonstone

I have booked an apt in Sobha Moonstone almost 2 years back by paying an advance of 2 lakhs. After a year long of delays they have got necessary approvals. Feb 08 they made us pay 25% down payment. From then they have hardly constructed as there is a rock and they are unable to blast it. If I move out according to agreement papers I need to lose 5% of the total cost of the project. What are the options do I have? The project will get delayed by at least 2 years, so is it wise moving out? I am afraid if I move to other projects the story might continue.

Friday, October 10, 2008

Horrible experience with Sobha Developers

I have having a very bad experience with Sobha Developers. I booked an apartment in a North Bangalore project based on the good experience that a few of my friends had with them and the good quality they seem to be known for, paid the booking amount that runs into a few lakhs, and started following up on the legal papers and agreements.

- They delayed for months in providing all the project papers. They haven’t yet provided one key document - the project commencement certificate, which is necessary for them to start the project.

- They started project construction without two key documents - environment clearance and commencement certificate.

- Their agreement is one-sided. It has a clause in that they can change the agreement by just sending us a written communication by post ! They also don’t have a clause that they will refund the amounts paid if their project gets canceled. I am trying to get these agreements changed, but they are not willing to entertain any changes.

- I have been following up on these issues, but now they are insisting I pay high interest for my next payment, though there is no provision for it in the terms and conditions at the time of booking.

- I approached their senior management and they are not listening to my case. Their only approach seems to be to deny everything and expect me to fall in line, and now they threatening to cancel my booking. They are very unilateral and autocratic in their approach.

I didn’t expect this with a supposedly professional company, but now active more like a fly-by-night operator, looking for quick gains.

Thursday, October 9, 2008

Cheating by Sobha Developers

I am pissed off with Sobha and unfortunately never read any of these websites before paying them for the appartment. I had booked an apptt at Sobha Carnation, Outer Ring Road.

I wish to go to consumer court as any other court would simply cost too much money and hold their one-sided agreement as binding. It’s crazy that a public listed company can get away by cheating highly literate / educated people like us.

If u r keen to join me or support me with all evidence to build my case, please email me at chiranjiv@yahoo.com