Hello,

This so called Lodha group started marketing their new venture in Hyderabad, without even getting approvals.
I booked the flat in Nov 2010.
Paid the 20% downpayment by June 2011.

APplied for Home loan in June 2011, but since they haven't got approvals, bank holded on my application and there was improper documentation from Lodha to the bank as well. Bank demanded proper documentation and asked me to hold on to it.

1. They got approvals on Jan 30 2012
2. I've reinstructed the bank to reprocess my home loan aplication on Jan 31 2012.
3. There was a documentation issue from Lodha's side which let my bank hold on my application; and finally they have provided the necessary document to bank on July 19th 2012.
4. On 20th July 2012, bank told me to reinitiate my application.

Having said this story, there was no single mistake/ delay fro my end. But the builder has got problems of approvals and documentation because of which bank holded off the HL applications.

During this period, Jan 30 2012 till today, Lodha is keeping on adding interest charges for the late payment (come on, what late payment, whose problem was that?) which is coming around INR 2 lacs now. I reminded them the whoe situation and asked them to resend the revised demand letter waiving off all the unnecessary interest charges. There were several emails from me, several calls from me on this, but there is no single response to my emails nor to my calls. It is being delayed even more to add on interest charges for this period as well.

I would really want to take it legally against this builder 'Lodha' which is since day 1 giving us the mental torture and harassment for money, illegally.

Please let me know whether I should be really filing an FIR/ case against this builder. i would liek to take a serious actions against such type of imnecile behavior from this builder.

Thanks,
Bharath