Realtor gets notice for cheating NRI couple

The NRI couple had moved the Commission against Alliance Palms Developers and Constructions Pvt Ltd, seeking action against the company. Their counsel, H Venkatesh Dodderi had lodged a complaint. The case dates back to July 3, 2007, when Anantha Krishnan Narayanan and his wife, presently residing in Dubai, entered into an agreement with the company for the purchase and construction of a luxury villa in Alliance El Dorado Park. 

According to the agreement, the firm had to construct a San Lucas type villa for a total cost of Rs 69,65,000 and get the plan sanctioned by the Bangalore Metropolitan Region Development Authority (BMRDA) on or before April 30, 2008, with a grace period of 150 days.

However, if the firm failed to complete the task within the stipulated time, the couple had the right to terminate the agreement and ask for a refund with an interest of 15 per cent per annum.

The couple paid a total amount of Rs 41,17,500 between May to September, 2007, and received allotment letter of Villa No 382 on June 6, 2008.

On payment, they followed up the allotment via e-mail requesting the firm to inform the status of approval from BMRDA. According to them, the company gave a “misleading” reply stating that it had obtained the approval as per the construction agreement.
When the couple received the soft copy of the approval letter, they were shocked to see the date of approval as October 15, 2008, well beyond the grace period as stipulated in their agreement. 

The couple further stated that they flew down from Dubai to Bangalore on August 16, 2009, and saw no work had commenced on the project site. They requested the manager of the company to give a clear set of dates for project milestones. Despite repeated reminders, the couple alleged they received only a mail, stating the date of approval and the tentative dates for some milestones no longer valid.
With the developers having not fulfiled their contractual obligation, the couple sent a legal notice on March 23, 2010, to the developers asking a refund of Rs 57,07,782, including interest, along with damages and cost of complaint.
However, the firm returned the notice with a note “addressee left”, the couple said in their complaint.
DH News Service