The agitated buyers said they were promised delivery/possession of their flats in the project in December 2017, but now the builder is not giving them a completed property, as committed
Hundreds of high-net-worth flat buyers in Mumbai have accused a realty major — founded by Mumbai Bharatiya Janata Party President Mangal Prabhat Lodha — of taking them ‘for a ride after they booked posh homes at his prestigious project ‘The Park in Lower Parel, which also houses the ultra-exclusive Trump Tower
Several complaints — copies accessed by IANS — have been filed with the Maharashtra Real Estate Regulatory Authority (MahaRERA), alleging various discrepancies and delays in the project, ostensibly in connivance with officials of the Shiv Sena-controlled Municipal Corporation of Greater Mumbai (MCGM).
Despite repeated attempts by IANS, Lodha Group’s top officials including CEO-cum-Managing Director Abhishek Lodha and the official spokesperson, did not respond for comments.
Interestingly, the matter has emerged barely three days before Prime Minister Narendra Modi prepares to roll out the red carpet for US President Donald Trump on his visit to India from Monday.
The complainants have accused Lodha Developers — also known as “Macrotech Developers Ltd” — of luring the gullible buyers in the name of the world-renowned ‘Trump’ brand, with an unbelievable offer of a ‘private jet aircraft service’, but later ‘cheated’ them though they have paid up 95 percent of the amounts.
The agitated buyers said they were promised delivery/possession of their flats in the project in Dec. 2017, but now the builder is not giving them a completed property, as committed.
source: NH
