Hi All,
I received an email from the Customer Care that they are "planning" to start phased possession, with Tower-6 as the first one, from Q4 2013 "provided there are no unforeseen circumstances". This email was in response to website based query. Another hoax, of course.
The major trouble is that for all the customers of Unitech Verve, the property is as good as redundant (at least for the present), since there are no buyers, and if you want to exit the property you probably have to do at Rs. 2800/psft, which is way lower than what we bought at. Unitech clearly knows this and thus knows that we are all stuck. Even if they do not give possession, you cannot do anything, unless............
The only course of action is through court, and I am aware previously many has gone through this route and got their money back, albeit and most likely through an "out of court settlement".
Regards
Satyashis