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Complaint #8626 — Rakesh

Filed: 24 Nov 2014  ·  Address: Bldg No. 514, Sai Apartment, B-3, Second Floor, Ghitorni, New Delhi-110030
I booked the flat form Amrapali Group, Noida. On booking I was informed that all the banks are funding the said project and I will have to pay 20% and rest bank will fund. I purchased the said flat in 40 30 30 plan wherein I was to pay 40% within 45 days. I paid 10% on booking and 10% on signing of agreement. Now the balance 20% was supposed to come form bank. I applied for bank loan form various banks like HDFC, Bank of India, State Bank of Hyderabad but no body was disbursing the said project as approval for 19th Floor was pending. From last six months I was constantly following up the matter with your office and I was informed that approval will come in months time, but that approval came after 6 months. During this period I used to call twice in a month just to confirm the approval and I was assured that no interest will be charged as approval is pending from your side with no fault of mine. But now the bank has finally disbursed and they have charged me interest.

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