Vipul Limited has sold villas at Tatvam Vilas and plots at Vipul World from as early as 2005. Its been 4 years and there is no light at the end of the tunnel. When will they give possession of the units? And they have called for almost 100% of the payments! Indian real estate really needs some change in regulation to prevent diversion of funds by developers and ensure that projects are completed.
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