I have booked plot in "Arun Dev City, Dehradun" project. But even after 3 years of booking, project status is under approval process by the government. Arun Dev Builder should set some time limit for this approval process and need to inform its valuable customers. If builder is not able to start project, by any reasons whatsoever, they should refund the amount paid by the buyers with interest along WITH PENALTY.
The penalty should be imposed due to following reasons:
1. As buyers kept their faith on builder and builder do not even communicate, care and inform properly. The services and responses provided by the builder are awful.
2. The builder have taken money from the buyers and invested that money in other projects and earn huge profits (with peoples money).
3. Money of peoples (or buyers) are blocked for such a long time, buyers could not purchase their dream homes anywhere else from past 3 years. And rates of plot and flats increased to 2 times (doubled) in these 3 years, what Arun Dev Builder have wasted.
and so more other points...
So, money IF REFUNDED, should be ORIGINAL AMOUNT INTEREST HUGE PENALTY.
Today peoples are not fool and Arun Dev Builders Ltd. could not do whatever they wanted or could not return any minimun amount of money.
This is right of people not begging...
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