Inconsumercomplaints.com » Real Estate » Review / complaint: Individual - Golden Gate Properties defaulting and dealys | News #336280

Individual
Golden Gate Properties defaulting and dealys

Hi,

I am customer of Golden Gate Properties and I have bought a flat in Golden Grand Project, Yeshwanthpur, Bangalore.

The project is delayed by more than 6 months now and the recent communication from the Developer says it will get completed by Aug.

The rate at which the project is progressing, there is no way it can get completed by August.

Being a customer, what options do I have? I need to get a committed completion and handover date from the builder. How can I get this?

Any pointers will be greately appreciated.

Regards,

Raghavendra


Company: Individual

Country: India

Category: Real Estate

1 comment

10 September 2012, 2:13 AM
I am owner of two flats with Golden Gate, Golden Grand, Yeshwanthpur and have been checking about Golden Gate Properties, and have observed few things about them and I wanted to comment on this forum. I agree with other people and found there is delay in their project but…. once they complete the project you will feel worth buying the property from Golden Gate. I have seen other builders because my other friends invested in their properties, they do big promises but don’t fulfill them but that’s not the case with golden gate. As list they are keeping their promises. No builders are able to give on time because of funds crunch, labour and materials problem, hence the delay in handing ovr time. The staff is very cordial(from my experience), with world class elevation, amenities, club house and other facilities which i have to say is quite awsome(arch by HOK-USA, who hv also dsgnd Blore Int. Airport BIA) also the location is bang in center of Bangalore with a Metro Station cmg up in the front side of the property is of great advantage to the owners.

PEOPLE NOW THAT JM FINANCIAL HAS COME ON BOARD AND HV TAKEN UPTO COMPLETE THIS GRAND PROJECT AND THE RESULT OF THIS ASSOCIATION IS 1ST PHASE WILL BE COMPLETED WITHIN NOV 2012, THEREFORE ALL OF THE CUSTOMERS OF GOLDEN GRAND SHOULD WAIT AND WATCH. AS OF NOW WORK AT SITE IS RUNNING IN FULL STEAM THERE ARE AROUND 350 LABOURERS WORKING ROUND THE CLOCK AS INSPECTED BY MYSELF ON A REGULAR BASIS. SO THE MORE WE CO-OPERATE WITH THEM, THEY WOULD FINISH THE PROJECT VERY SOON.
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