Sunday, September 23, 2007

Cloud 9 Hill Town Ramgarh-Builder Refuses Account Statement

Guys,

I had sent a letter to Central Himalayan asking them to give me an updated Account Statement and they refused to give it. I had paid them money in February and I do not have any statement reflecting this for almost seven months. I had requested for an updated statement as they keep referring to old statement not recognizing the amount I have paid (not sure what their intention is). Not only that they have illegally charged Interest which is not mentioned in any of the clauses of the contract. I had also highlighted the error.

Can you believe, a builder/realtor can refuse a statement. It is my right and their duty to provide the same. This riases serious questions about the Reliability, Ethics in Business and their trustworthiness. They are not honouring their own Legal Contract which shows how much Law abiding organization they are.

They reinforce the popular perception of builders as srcupulos, untrustworthy companies who fool people and take them for a ride.

I strongly advise to be very careful before investing int their projects. I am determined to not give up and do what-ever it takes to get justice. So unless you guys are ready for taking a risk on your hard-earned money look for more trustworthy names.

There are others who invested in CLoud 9 project in Ramgarh going through a similar pain. See below.

http://groups.google.co.in/group/cloud9_ramgarh

Will be back with more soon.

Saturday, September 1, 2007

Cloud 9 Hill Town Ramgarh - Issue Continues

Guys,

Here I am back. I recently got a letter from Central Himalayan - The promoters of Cloud 9 at Khabrar, Ramgarh, district Nainital in response to the letter I had sent them.

The letter did not address any of the issues I had raised. The issues included Delay due to their Poor execution (the Project is not complete yet after almost 3.5 years) and Problems with Local people due to resources like water being stressed, No clause in agreement for Interest and Penalty to be paid by them for delays. They have just told me to pay the money due with interest @ 24%.

What is most intersting is that looks like that they do not keep good account of the money they have received. They were claimioney due which does not take into account the money I paid them in february 2007. I had to write back to them informing them of the same. Is it not amazing that aven after 6 months of receiving the payment they keep using incorrect Money due.

I have documents which which indicate the problems that i have been facing with this developer and may have to be brought in public domain for public interest.

Keep tuned for further updates