Installments Demand
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Nagendra Biyani
Oct 17, 2015, 6:24:21 AM10/17/15
to Indiabulls Sierra
Hi All,
I recently booked C-402. I am given invoice for initial 20% spreading for 60 days and immediately asked for 3rd installment of 10% by 10th December stating as work started for C-Block. I already own a flat in IB Centrum Hyderabad and I know the extraction tactics of IB with out much progress on ground. We used to resist the demands by asking for real progress and then only to make demand for installments. More over my advise is not to go for India Bulls Financing. You will end up with paying huge interests and other hidden charges later. We need to ask IB to produce the list of bankers where the project is sanctioned so that we can avail loan there.
Can some one who is residing in Vizag share the actual ground reality on progress of work.
Thanks and Regards,
Nagendra Biyani
I recently booked C-402. I am given invoice for initial 20% spreading for 60 days and immediately asked for 3rd installment of 10% by 10th December stating as work started for C-Block. I already own a flat in IB Centrum Hyderabad and I know the extraction tactics of IB with out much progress on ground. We used to resist the demands by asking for real progress and then only to make demand for installments. More over my advise is not to go for India Bulls Financing. You will end up with paying huge interests and other hidden charges later. We need to ask IB to produce the list of bankers where the project is sanctioned so that we can avail loan there.
Can some one who is residing in Vizag share the actual ground reality on progress of work.
Thanks and Regards,
Nagendra Biyani
Chandra Sekhar
Oct 27, 2015, 12:10:51 PM10/27/15
to Indiabulls Sierra
Hi Nagendra
requesting you to kindly provide me ur contact number i need to discuss with you on this, I booked B701 flat.
Chandra
GOWRI SANKAR
Nov 7, 2015, 3:02:17 AM11/7/15
to Indiabulls Sierra
Hi
Anybody paid 3rd installment? I have not paid the installement so far...today i got email invoice with interest amount.
Gowri Sankar,
J202
Dadi Raja Ramesh
Nov 7, 2015, 9:11:06 AM11/7/15
to Indiabulls Sierra
I still need to pay 1Lakh and I have received the letter yesterday again to pay the dues.
How about others ??? Did anybody visit the site recently ? Did they start the construction as mentioned in the mail ?
Thanks
Ramesh
C903
Nagendra Biyani
Nov 7, 2015, 9:14:45 AM11/7/15
to Dadi Raja Ramesh, Indiabulls Sierra
Sorry.I did not even visited site till date since i live in Hyderabad.Request locals of Vizag to give feedback so that we can all send mails to India Bulls , if construction is not as per thier commitment and demand. We need to be cautious right from the beginning with guy like IB or else he will squeeze.
Nagendra Biyani
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