i had booked a flat in confident group Bangalore, while the deal was about to be finalized after paying an advance of 3 lakhs the so called management informed me that the booking was cancelled from their end and that i would be refunded the booking amount less cancellation charges after forty five days.
This is a clear case of fraud by the reputed builder who has cancelled the booking by themselves and asking for cancellation charges, later on came to know that they offered the same unit to someone else for a higher price. It shows how they are doing a zero debt business, collecting money from many people for the same unit and cancelling it themselves and charging cancellation charges, moreover refund would be done only after 45 days, in the mean time they might sell the same unit to some other group of people – good business. This is simple fraud and a sort of cheating by the reputed builders that go unnoticed – guys beware of this builder- you might be landing in trouble if you plan to associate with this builder, if pre selling acts are like this just imagines the after sales part – don’t buy troubles & worries with your hard earned money.