Inconsumercomplaints.com » Real Estate » Review / complaint: NR Projects - False Promises - Duping Money | News #459069

NR Projects
False Promises - Duping Money

Dear Investors / Prospective Investors,

I am a Client of NR Projects, a Sole Proprietory firm run by Mr. Neelam Raju Phani Raja alias M.P.Raja & Mrs. Neelam Raju Padmalatha alias Padmalatha Bulusu having their so called office in Himayatnagar, Hyderabad, Andhra Pradesh, India.

Both Mr & Mrs. Raja have started collecting funds back in early 2009 for their so called Project called as "Swarna Garbha", a Proposed Apartment Complex of Gated Community of more than 100 Flats. They have started collecting funds in the range of Rs.1 Lakh to 15 Lakhs from the initial Investors without even getting the land registered telling some Cock & Bull Stories that they would be giving the flats to the initial investors for only 50% cost since the investors are investing without seeing anything like the actual land, Muncipal Plans etc...

Its been almost 15 months now and they havent even got their land Registered. The entire Project cost is approximately around 50 Crores and they are literally running from Pillar to Post for its Financing.

I kindly request the General Public not to get trapped in their words as a Complaint has been lodged against the Proprietors and also the firm.

Pls be aware of these kind of scamsters.


Company: NR Projects

Country: India   State: Andhra Pradesh   City: Hyderabad

Category: Real Estate

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