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Supertech Icon Limited Complaints - Fraud and rip off!

Review all Supertech Icon Limited complaints

Supertech Icon Limited

Posted: 2008-03-16 by Satish Manocha [send email]
Fraud and rip off!
Complaint Rating:  67 % with 9 votes
Company information:
Supertech
India
www.supertechlimited.com

This is to inform you that me and my friend purchased two flats in Supertech Icon in June 06 as consumers intending to stay here after obtaining the possession of the property. However since the time we acquired the property, several false promises have been made by the builder:

1. We were issued letters wherein we were assured possession of the flat by Jul 07 and in the event of delay, penalty @ Rs. 5 per sq ft was promised. However since the property is still under construction when we approached the builder for recovery under the penal clause, we were told that these clauses do not have any significance. These are just to attract the buyers. It was told that a builder can easily get extension on legal grounds ie if a worker dies on the construction site, three months extension is awarded and if labor strike happens, further extension is given. We were told that this clause has no relevance and no consumer has been able to take advantage of this or claim penalty.

2. We were told that our flat is facing the main highway NH 24 Hapur Road, however it is on the back of the Phase I building and is surrounded all over by Janta flats/ LIGs, a fact that was never told to us till we visited the construction site.

3. The finishing shown to us in the sample flat are not true at all if we talk of our flat under construction. Further we were shown Italian marble flooring whereas the one being done for our flat is Vitrified tiles.

4. We were told that the rate per sq ft is 2500 till 30.06.06 after which wef 01.07.06 it would be 3000 per sq ft, however it is a false statement since the rate as on date is also 2500. Further the builder charged us the full cost of the flat aggregating to Rs. 30 lacs approx. at the time of booking and no interest on capital has been paid to us despite delayed possession.

Further we have visited the site personally many times and met the officials but nothing happened so far.
In view of the above false assertions we feel cheated. We advise everyone whoso invested or are intending to invest, don't go for this.
Comments India Building, Construction
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Comments

90 days ago by Awake Customer [send email]
I fully agree with you. They are simply playing with crores of easy money they got from public.

* A new floor has been added to Presidency heights now
* Presidency Heights has been added with 2 more flats on each floor from bottom to top
* Pinnacle height possession date changed from April'09 to Dec'09 immediately after 10% advance payment by customers
* No declaration of carpet area on broucher/website/catalogue
* No park

Supertech must be enjoying now and riding on property boom & hard earned public money, wait for 2-3 more years and it will be difficult for them to find buyers for their new projects.
90 days ago by Anoop Singh [send email]
You are very true in what you said. I have faced same problem for my Kaushambi flat last year.
90 days ago by Jitender [send email]
These shady activities of SUPERTECH LTD will hamper their brand value, which in turn will affect their future projects. If the grim situation is not improved by them, no one will even spit on their offers of future projects.
The property price boom has already entered into correction stage in NCR and from here prices will start to fall and so as the builder's margin.
2-3 years wait to see Supertech's doom is too much, as said by 'awake customer'. A wait of 6-8 months will show results of their misdeeds. Public unrest is spreading like wildfire with the help of media/internet.
With every passing day, more & more persons/companies are informed about about this malpractice to teach them a lesson. this is our hard earned money and we are going to relay loan for next 20 years, not a joke.
90 days ago by Jitender [send email]
Please reply through my mail id also to share more information about ICON project.
My purpose is to realise Supertech, that this is high time for them to awake
and
safe guard my interest as I have already booked a flat there.
89 days ago by Awake Customer [send email]
There is a forum of ICON customer. Please tell me how to approach or be a part of that forum. Through the forum we can exchange email id and keep us updated about project's progress and wrongdoings too. thanks.
78 days ago by Shailendra Singh [send email]
I was shocked to know this. I hope that all members of the socity can unite and get Supertech to deliver flats on time.
I am thinking of talking to my lawers and get their advice.
72 days ago by Jitender Singh [send email]
Dear All Customers of ICON,
I fully agree with Mr.Shailendra Singh's opinion of uniting all ICON customer to put pressure on company for not only possession date but also for quality of construction, fittings & fixtures etc. Mr.Shailendra, please publish your lawer's advice here to help us. Better if we also reply through mail option of this web site to keep us updated. My experience during 3-4 visits to the site for booking and payments are summarised below,

Synopsis:
-> 2 new flats are added on each floor of Presidency Heights
-> New top floor is added to same Presendency Heights, as a result only top floor flats are available now. Otherwise presidency heights was fully booked by mid of last year.
-> Carpet area for Pinnacle Height 1000 sq.ft flat is ONLY 566sq.ft. You can calculate it from room dimention given on www.supertechlimited.com. Industry standard is 15-20% lesser from super builtup.
-> Flats in Pinnacle Heights will be doubled by pasting pinnacle heights phase II to the existing tower thus doubling no. of flats.

Builders are doing these changes to get additional money thus trashing double population in the same land area. They think no one is watching them and GDA can be bribed to look otherway. I request all to please send mail to below id on weekly basis conveying your issues to realise supertech that they are being watched and people are raising voice & responding to their mischief .
Below are the mail id of managers of Supertech/ industry affluents/consultancy firms/Supertech's overseas partners etc. Please send your complaints to press Supertech to honor their commitment:- supertechcontact@fourthdimensionsolutoins.com, mediaparadisefriends@gmail.com, saurav.verma@karvy.com, ashish@karvy.com, rakesh@karvy.com, info@realtyverticals.com, supertech@atoneplace.com, navneet@indiahousing.com, manojsri@supertechlimited.com, emeraldsupertechlimited.com, avantgarde@supertechlimited.com, czar@supertechlimited.com, varun@supertechlimited.com, feedback@supertechlimited.com, vikasvashistha@supertechlimited.com, garry@bhaura.com, jolly@apnahome.ca, savita.leekha@yahoo.com, nrilondon@supertechlimited.com, info@homes4nri.com, jagchima@londonresidentials.co.uk, contact@fourthdimensionsolutoins.com, mediaparadisefriendsgmail.com, saurav.verma@karvy.com, ashish@karvy.com, rakesh@karvy.com, info@realtyverticals.com, supertech@atoneplace.com, navneet@indiahousing.com, , feedback@supertechlimited.com, vikasvashistha@supertechlimited.com, garry@bhaura.com, jolly@apnahome.ca, savita.leekha@yahoo.com, nrilondon@supertechlimited.com, info@homes4nri.com, jagchima@londonresidentials.co.uk; Rahulsharma@supertechlimited.com, contact@eldecoproperties.com, mcpaid@indiamart.com, ahcl@ansals.com, sales@dskdl.com, contact@jaipuria-group.com, marketing@rahejabuilders.com, sales@rahejabuilders.com, valsala@dlfgroup.in, contact@shipraworld.com, customercare@gaursonsindia.com, info@mahagunindia.com, info@gmrgroup.co.in, info@crossings.in, info@panchshil.com, info@jmdgroup.in,
4 days ago by Vs [send email]
Hello Fellow Investors/ Flat owners,

I personally visited SUPERTECH ICON today (July20th, 2008) and was completely surprised that all promises made at the time of booking were looking now of not materializing.

1. Work in Presidency tower is going very slow. People there have told us that money acquired is being siphoned off towards other projects. In hushed tones they are now talking of giving possession as early as only in Mar-Apr 2009 instead of earlier commitment of Sept. 2008. [Last visited in Feb2008 only structure was up and now after 5 months I was shocked to see that only plastering is going on till now and that too in snails speed.]

2. Since it is now evident that possession will be delayed, we talked of exercising the penalty clause, the letter for which was given to us at the time of booking. It was made clear to us that no one till date has got money through this clause even though some flat owners have come and fought/ argued for it. It now seems that it’s a trap just to lure customers without intention of fulfilling the committed penalty in case of delay.

3. The quality of construction as observed was not upto good standards. I have heard that people who have already started residing in other towers are complaining of poor construction and materials used. One of the confidant over there has suggested to get the money towards fixture and fittings refunded as they are of sub standard quality. It was learn't that Supertech was not doing this earlier but in light of pouring complaints they have now agreed to go for refund as an option.

4. Our flat which was supposed to overlook a swimming pool is now only giving view of jhuggi-johpri cluster and adjacent to it is water logged piece of area with waste thrown next to it. At the time of booking we were told that talks are in progression with these jhuggi-johpri owners to take the ownership of this adjacent land which Supertech will be able to materialize. Today we were briefed that talks have been inconclusive/ failed and we have live with that dreary/ poor view from the flat.

5. The Tower plan has been modified without any notification and they have added some more flats.

I have come back feeling miserable. I am paying hard earned money towards EMI and it seems its going down the drain and further I will not get my money’s worth. I am even feeling insecure to the extent to think if SUPERTECH will finally be able to generate funds to complete this project.

My long cherished dream of owning a flat is still far far away….courtesy SUPERTECH BUILDERS.

If there is forum for ICON customers then please do let me know how to join it. It might help to move together rather than pushing with individual efforts.

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