I Have also invested in era. It is nothing more than a group of fraudasters. The staff posted at their Head office Noida is well trained in making fools.
This project is niether approved by HUDA nor any bankers. Do not beleive them .they are laundering our money. Further wait is the wastage of time . Let us cometogether and ask them to refund the money with interest or move to consumer court
Jaspal Singh writes in Jan 2012 on REF:-
dear, i am facing the same problem with this company. i have booked a flat in this project in 2009 and they were supposed to give possation in 24 months. I recieved the agreement copy after 3-4 months. i signed the copy and return back but never got it back after signing from company side. afer visiting the site i come to know that they even have not started my flat wheras other flats are being constructed. i contacted their office about delay and the agreement. they told me that we have kept the raw materiel in area where your block was supposed to be contructed and it will start soon and send a fresh agreement copy in 2011, whose terms and conditions are entirely different from earlier agreement, i have signed. this company is cheating on me by sending me New buyers agreement, with new conditions. I did'nt kept photocopy of earlier agreement. can you provide me with photocopy of Buyers agreement. my contact no. is 9810117566 and email firstname.lastname@example.org
Above are again some samples that would make you sit erect and ponder on how these builders cheat common man. Who has been dreaming of owning a house and how these Unscrupulous developers lure customers with false promises that are never documented. So its basically your words against a Con-team that has cleverly worded agreement clauses that favour and protect the interest of the Unscrupulous Developer.
Mr Moheria is right that the project that Era has sold was not sanctioned by DTCP...and was sold and the construction still goes on....beyond the term agreed by Developer in writing.....yet no flat is complete, the Developer still does not have the sanction plan in its name...and as you can see EVEN The Agreement dates have been altered by the Company ( Read Mr. Jaspal's Complaint)
A fine example of this type of cheating has been done by Era with REDWOOD RESIDENCY Customers as well. At the time of initial launch and acceptance of Booking amounts...Era had shown land in sector-88 of Neherpar, Faridabad....the boundary wall was created by GI Sheets....sales staff was deputed, construction team with men and machinery was deployed ...the sales staff categorically said that construction work would start in a months time and the rates would be revised as well....but the fact is that later almost after an year Era changed the sector in which they were going to construct the apartments...from sector-88 to sector-78 ....but as the customer had not been given any document which said the project would come up in sector-88...there was nothing as customer could do....would request everyone to be really cautious from the day of purchase, get everything documented....if the sales manager can not give in writing that means it should not be believed....As it is our hard earned money...we should take maximum care in not investing with bogus builders who only aim to cheat the customer.