Comments on: What buyers say about Hirco Palace Gardens

By: Geogi Kuruvilla

Geogi Kuruvilla — Fri, 27 Nov 2009 05:33:32 +0000

I was wondering any thing happened further due to legal proceedings by you? I feel it makes sense to also make their life difficult by sending complaints to various agencies like NSE, BSE, SEBI ( as they have filed with SEBI for listing on the bourses) Builders association of India and so on

By: Krishnan Sankaran

Krishnan Sankaran — Fri, 28 Aug 2009 14:26:01 +0000

I too concur the views of Mr. Srini. In Jan 2008 I paid 20% of the cost of a three bedroom apartment in their proposed Chartwell II. The guys in Dubai who sold it to me promised that my next payment will be due in May 2008 as they expect the plinth to complete by that time and the expected handover the apartment was September 2009. Until August 2009, there is no progress. In the meantime, when I rigorously started following up with their Mumbai and their Dubai partner Hircon, they came to an understanding with me that they would change my booking to a low rise building Windermere II which would be delivered quickly and collected the original offer letter back from me and issued a revised quotation for the low rise building. After a few weeks of my follow up I came to know that they tried to sell me this apartment which belongs to someone else who declined to forego his rights on this property. I am at a loss to find out which is my property and when I will get my money back. I have almost decided to proceed against them legally, prefer to go to the consumer court besides bringing their unethical business practices to the notice of all overseas investors through forum like this.

For every single phone call I make, I get a stereotype reply from them that they don’t have a policy for refund. But God only should question them, is there a policy that authorizes them to dwell on genuine investor’s money without keeping their commitments, no offer letter, no agreement, no transfer of title to a property but happily sitting on 20% of money invested by buyers like me. The pity is people like me are paying more than18% interest for the money borrowed for initial investment and the irony is Hirco says, they have the right to demand 18% interest for delayed intstalments.

Every alternate week, you will find that the person who is responsible for your case has resigned and left the company, for e.g Mr. Dastoor Behram, Ms. Rochelle Chatterjee etc.

Buyers need to demonstrate utmost caution before deciding to invest money with them in future.

By: Vidya

Vidya — Sun, 16 Aug 2009 18:29:40 +0000

Hello Mr. Srini and Mr.Subbu

I am planning to book an appartment with HIRCO and after seeing your comments I am thinking otherwise. Are these guys worth putting our hard earned money – Pl. post your thoughts.

By: Geogi

Geogi — Fri, 03 Jul 2009 11:08:18 +0000

I am also in a similar situation wanting to withdraw.

By: srini

srini — Sun, 19 Apr 2009 02:17:25 +0000

Following is the procedure: To start with send a notice, with an advocate’s help, to Hirco demanding refund of your amount. Furnish all the events that happened since your date of booking in your notice and give the builder some time to respond to your notice. Incase the response is unfavourable, I assume it will be, you can file a case at the consumer court. I already sent a notice to Hirco and received a response as well. Basically they are not admitting to any of their malpractices and lies and instead are telling that I have defaulted on my payments. They are quoting lines from the allotment letter where it is mentioned that the sale agreement would be executed upon full payment for the apartment only. They are also saying that they provided me a sale agreement and that I failed to sign it for the reasons best know to me. They do not want to admit the fact that there was no handover date on the sale agreement. I would be filing a case this week. I am totally surprised to see the lack of activity in the yahoo group. Infact there was another forum on this website, where I am unable to post any messages.

By: subbu

subbu — Wed, 15 Apr 2009 11:16:08 +0000

please suggest the way to file case against Hirco. I have paid money appx one & half years back.yet to see any progress.I want my money back.
Also I do not find any activity on yahoogroup for this builder ?Do not know what is happening?

By: srini

srini — Tue, 31 Mar 2009 15:28:21 +0000

DLF issue got a lot of attention last weekend in the local press. A similar thing should be done for Hirco, who I feel are even bigger scamsters than DLF. After all, Hirco provided me a sale agreement without handover date. I would be filing a case sometime in April in order to get my refund and ensure that these crooks don’t continue misleading people like me.

By: srini

srini — Thu, 19 Mar 2009 00:21:25 +0000

For some reason, I am unable to post in the other blog regarding palace gardens. Let’s use this instead.

By: Vajji

Vajji — Wed, 16 Jan 2008 00:31:45 +0000

G+3 would not be difficult to deliver in Oct.
This being a township project ,all facilities would come in phases ,but however you can pose the same question to buliders as without basic infrastructure in place ,it does not make sense to start living ther!

By: srini

srini — Mon, 14 Jan 2008 11:49:11 +0000

I booked an apartment in G+3. Any idea when the G+3 will be ready? The sales manager says that G+3 will be handed over by october this year. Also I am not sure whether they can handover G+3 without the other infrastructure like school, hospital being ready. Any thoughts?