Receipt of Reminder 1 for Cust id. AQ252/ AQ251

[Rahul Agarwal]

Hi Aditi,

We have received the reminder for the above mentioned flat no. for the payment of the top floor. help me understand the following:-

1.    The demand for AQ252 was never communicated. How did you issue the reminder.

2.    It was established in the meeting held on 24th June 2017 that the demand has been generated even without reaching the stage. Your subsequent architect reports confirmed the same. Clearly, the demand was invalid it had to be withdrawn. However, shamelessly you have restored your old tactics.

Walk the talk?

on 24th June 2017, Mr. Khurana with folded hands had assured us of gaining the buyer's confidence. Nothing had been done anything on it yet. Fortnightly meetings promised by him didn't happen and our requests for the said meetings went unanswered.

As decided in the meeting, since there had been false representations by Rudra at all occasions and project has been considerably delayed, payments had the following per-requisites:-

1.    Registration with RERA

2.    Opening of Escrow Account

3.    Successfully Execution of the project as per quarterly plan submitted by you.

False representation at all time:-

It is now on records that Rudra management is a bunch of people who had been giving false statements and making fake promises. SOme incidents:-

1.    Mr. Khurana with folded hands requested for a fortnightly meetings,  which has not happened.

2.    In the meeting held on 24th June 2017, it was established with proof that the demand raised were early and the project had not reached the said state. Your subsequent Architect reports proved it.

3.    In September 2016, a letter was issued by your management that the flats will be handed over in 2017, however, the fact is that project is far from completion.

4.    Your registration in RERA is full of false dates. The project reported start date is 2014 in RERA, which is a false statement. In my case (as per records and the details in demand issued by you), the project was booked in 2012 and the excavation happened in 2013. Either those demands were false or the representation in RERA is false. Please explain.

5.     Your architect reports are stamped and signed by Mr. Ashish Bhatnagar. Buyers had a discussion with him and he clearly said that these reports are not sent or signed by his company. Can you please explain? What level of fraud would Rudra Restore to? How low would you fall?

Market scenario and current Situation:

1.    JP had with similar tactics as yours and had escorted more than 9o% from the buyers, all with verbal assurance and no concrete action. Now they have been declared insolvent, thereby effecting 35K buyers.

2.    Amrapali Group is heading towards similar faith and 28K buyers will are effected.

3.    We really do not want to put more good money on a bad money or management.

4.    Even with 80-90% payment already given to you, you are a defaulter with the Authority. We are loosing confidence.

Way to move Further:

1.    With all above we have 2 options left:-

    a.    Since you have delayed the project considerably and have made false representation as almost every step, please help us explain why we group of 100 buyers should not demand refund with penalty as per various court orders.

    b.    "Walk the talk", and fulfill  your promises and gain confidence of the buyers by delivering as promised in the meetings.

Buyers Next Move:-

We buyers would be filing the formal complaint at the authority and RERA soon on all the false representations done by you and seek remedy from the competent court of the situation remain stalemate as it is.

Regards,

Rahul Agarwal