Friday, October 17, 2008

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.

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