Beware of Ajnara & Gulshan Homz

Everybody has a dream of his own house. We all save our hard earned money to get a house which we will turn into a home. That dream was shattered by AGC Realty, a company formed by Ajnara groups and Gulshan homz, two big names in real estate business in Delhi/NCR.

The project was delayed by two years and counting. Its common thing I suppose with all the builders but the issues to watchout from my experience.

1. Never believe the builder: Ajnara & Gulshan Homz

We bought in pre launch and made a booking payment in month of november, 2009. Builder promised that until unless project gets approved by noida and bank we won't demand any installment. As soon as demand letter was issued we made the payment from the bank loan. 
After three years, they levied the interest on delayed payment, which we made as soon as bank approved the project. This interest amounted to 3 lakhs and we asked which payment was delayed.

Their answer to the shock:

"As per the allotment letter you have to make the payment within 30 days. Its nowhere mentioned how you manage it. We don't care if you get it from bank. We can just provide you an option of bank."

When you buy a house they will say we are here, don't worry, no one will ask for payment n all. After three years, they ask you to pay more and levy just unwarranted interests or penalties.

2. Builder will never ever pay you back the penalty on delay in the possession.

As per the legal document, the great allotment letter, they must pay mere Rs. 5 psf for any delay in the possession of the flat.

Their answer:

"We have sent the offer letter few months back (even though flat is in no position for possession un next six months). There is a six month grace period (even though they never mentioned about it verbally or even in the allotment letter) which always be there. Its a rule in the realty business. (like we should know about this, we buy a flat every weekend)"

Its just not me, there are 500+ flat owners who are sailing with me in the same boat. We tried calling the builder and had a number of meetings with them. They never gave a good reply to any of the questions. They never told us the calculation how did they got the magic number of interest they levied. They never told how much

So my state is

1. Builder needs to pay me 1.5L, and should be paying 2L (as the possession is delayed more by 6 montths) but is paying mere 90k (as there is 6 months grace period and they have sent a simple letter called offer of poessions few months back)
2. Builder is implying 2L as interest (even though it was them who delayed the bank approval as they didnt had correct papers for it)
3. After negotiation, their answer:
   

   "Ok sir, we wont change anything in the demand letter. We can adjust the penalty paid by us and you. So after that you have to 50K more, we will give you 5% discount on that."

4. Even though I pay them their insane demands, there is no way I can get the possession of the flat within 6 months.

So after all we are paying the builder 2L extra and from that they will be returning 10K and that too as a favor from their side as they dont want spoil the relationship with the customer.

Ajnara, peace of mind, my ass ! They have harassed the flat owners on each and every level.

Ajnara & Gulshan Homz are biggest frauds I have ever seen. Have checked with many other builders within my family and circles, but never heard of such things.

So guys beware of Ajnara & Gulshan homes if you are buying house in NCR or might be there are many more like these out there we just dont know off. Just take care & best of luck!!