Never ever Buy Rustomjee Property

I had booked a flat in March 2009 in Thane with so called reputed builder named Rustomjee and the property name is Rustomjee Urbania ( Acura Building ) . So it’s been more than 5 years now to book the flat.

At the time of booking the possession date for the said building was April 2011. I made my agreement in the year 11th January 2010 and as per agreement the possession date was May 2012. So, it’s been more than 4 years for agreement now and the possession has been delayed by exactly 4 years (1460 days).

The possession dates kept on changing 4-5 times in last 1460 days. Now today is April 2014 and Rustomjee’s pathetic management is not in a position to give us any confirmed date for possession of the property. Rustomjee is literally torturing us and we are thinking to go to consumer court.

We have paid more than 96 % of the total cost of the flat and we are even not getting tax benefit being under construction property. We have been paying hefty EMI’s and interest to banks and some of us are also staying on rent. Many of us are literally frustrated and regretting their decision to book with Rustomjee. I will not be surprised if somebody from us commits suicide.

It is my sincere request to everybody not to book any property with Rustomjee at any location in Thane, Mumbai or Virar. You will be only losing your hard earned money and will be only buying frustration.
Please spread this message to every individual whom you know and thinking to buy property with Rustomjee.