This Is from Amit2222 on Indian Real Estate Forum:-
Era Landmarks have launched many projects in Sirsa and Faridabad and elsewhere. But have not delivered any project till date. The price heard for their project is also higher than the current projects in Sec 68 and near abouts.
The soon to be launched project is actually a relaunch of a failed project of this year. Kindly share your thoughts whether this project will actually take off or will the Era Group will just milk the investors for money.
This is what Vicky has to say on IREF:-
Dont touch it !!
I invested in their Faridabad project during 2006 period of the last boom.
1. Location changed- in fact they changed the sector itself
2. The HUDA road "suddenly" appreared in the middle of the "approved" plot dividing it into 2 parts
3. The green area shown in map suddenly became future project/ others land !
Here is what Mr Puh has to say on I complaints:-
Cheating by Era Group : Attention New Buyers
I with many other people booked flats (flat no. was also allotted) in a Project called Era Divine Court at Sector -76, Faridabad, Haryana. The project was launched by a company Era Landmarks Ltd. ( Era Infrastructure Ltd.). The project was a pre-launch and layout plan/map was not approved but license was obtained by them. Map approval is still awaited after expiry of eights months. There was provision of 820 flats in the said plot. We bought flats keeping in view the area /layout shown in their brochure which has some green area/open area also. Their project was almost sold out. Now after so many days we have come know that they constructing 44 more flats in the green area/ open area, without increasing the total area of the plot, thus decreasing the open area (the same has been confirmed by the company). We are also told by the company that they are constructing one creche (child nursery) and a religious building at the other proposed green site leaving no green area to 180 yard flats. For such a big community only one open area would be there, in front of 250 yard flats that too, with water tanks.
We have bought flats keeping in view the green area/open area and as they are constructing flats in these areas, we feel cheated and violated. At the same time, we feel that this would make society more congested and shabby as they are giving no area for recreational activity.
On inquiry they are saying they well within their rights to construct those flats as they do not have charged any PLC for green area/open area and these are only minor changes and as per agreement (which was signed between us in Sept. 2009), this can be done.
But we can not buy this argument, as construction of 44 flats and encroachment on other areas for constructing other things are not a minor change and we feel cheated coz they first sold us flats showing green/open area and now they are constructing flats and other buildings on them.
By selling new flats, which are supposed to come in the green area, new buyers money can be at risk. They are cheating new buyers also and making false promises. Their website is also giving wrong information about this. We are tying to deal with them, failing to that we would approach consumer court. This is giving company a very bad name which has good reputation.
This is for your information and suggestion please.
Link to the above complaint: http://www.icomplaints.in/cheating-by-era-landmarks-attention-new-buyers-02140.html
Above are just a few examples of what the CUSTOMERS Plight has been by BELIEVING IN THE DIFFERENCE ... The Sector that was shown where the Township was to come has been changed, Roads appear to make the township dis-integrated, Green Park disappears to Future expansion or new towers or flats, Flats n plots are cancelled for asking legitimate questions, ...Common area is sold to new buyers, The Methods have to be understood to be believed...