VGN Real Estate Developers – Possession delay – Don”t believe VGN

VGN Real Estate Developers Reviews & Complaints

Reported By: neeshani1005

Contact information:
VGN Real Estate Developers

Dear All,

Since, I was following from 17th July-2016 to 19th August-2016. Still, no response from your team members.

I bought 3rd Floor from M/s VGN Homes Pvt Ltd (Royale project, Avadi). As per the Agreement for sale to sell dated 19.03.2015 of above mentioned Floor, which states that the possession of floor will be given within 21 months from the date of agreement (i.e. By December 2016 excluding with Grace Period 30.06.2017), however, the possession mail was given on 15 August 2017 after the delay of Approx 27 months.

As per agreement for development and construction clause No. 11(e) which states that if company fails to deliver the unit in stipulated time will pay the compensation for the delay.

Thus, I look forward to settling this matter amicably and I request to you to get clear my compensation for the delayed period from your side which is will be going late to surplus payment of interest to Bank.
As you know that you were unable to work in the desired time and we had to extend the deadline further 6 months to complete the construction works.

However, the below date of VGN estimation is possible to completion the building within a month for each floors, even though, why it is not possible to completion on or before of the below my approximate estimation date.

VGN Estimation Completion date
1. Stilt Floor Roof Concrete 15.09.2016
2. First Floor Roof Concrete 10.10.2016
3. Second Floor Roof Concrete 15.11.2016
4. Third Floor Roof Concrete 20.12.2016
5. Fourth Floor Roof Concrete 31.01.2017
6. Block works and Plastering 15.05.2017
7. Intra Structural works 15.07.2017
8. Handing over of the project 15.08.2017

Approximate Estimation
(Customer) Completion date
1. Stilt Floor Roof Concrete 15.05.2015
2. First Floor Roof Concrete 10.06.2015
3. Second Floor Roof Concrete 15.07.2015
4. Third Floor Roof Concrete 20.08.2015
5. Fourth Floor Roof Concrete 30.09.2015
6. Block works and Plastering 15.02.2016
7. Intra Structural works 15.04.2016
8. Handing over of the project 15.05.2016

Note: Whenever they all projects will be coming closer to completion date, VGN team will send 1 common mail circulate to all customers like Environment Impact Assessment Committee slapped new guidelines to get their NOC prior to start construction. Undeniably, they are convincing the same scenario for all projects to all customers.

Also, I asked them to please forward the committee announced that acknowledgment copy to us for our reference? they are not sent till now.

Kind Attn: I am again sorry to say this, that till today I have also not received mails or response from them, the same in-spite of several emails and reminders to the Builder for my new communication address & contact number to changes. Since, I was following from 17th July-2016 to 19th August-2016. Still, no response from your team members.

With Regards,
Nirmal
Mobile: 9176842225

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