The notion of sports homes is not limited solely to wealthy nations. Excel Dwellings Bangalore recently brought the groundbreaking idea of Oxigen to India, showcasing its main development that covers an expansive area of 74.5 acres.
Notably, a significant portion of this vast expanse is allocated for recreational activities.
Excel Dwellings has established an excellent standard with their development known as Oxigen. The development provides high-end homes and house spaces within a luxurious environment.
Situated in an ideal spot along Sarjapur Road, this development provides convenient access to key amenities including healthcare facilities, schools, retail stores, office structures, and national highways.
The expansive luxurious villas, spanning across a vast expanse of 46.5 acres, provide an exceptional amalgamation of opulence & convenience. The sumptuous interiors are meticulously created, exhibiting exceptional attention to detail.
The high build level of the vehicle engenders a heightened sense of security and safety for its passengers. The sports city encompasses a total area of 8 acres with a wide range of amenities, such as Olympic-sized swimming pools, badminton tribunals, a rink for skating, & a golf course.
The gymnasium and its running tracks were both purposefully created to prioritize physical training. Moreover, this recreational facility provides opportunities for engaging in activities such as climbing rocks & beach volleyball.
The villa plots, including an expansive area of 20 acres, exhibit significant potential for financial gains. Excel Dwellings Oxigen was recognized as a highly anticipated development because of its exceptional features.
Hence, it has been observed that Excel Dwellings Bangalore has garnered a substantial number of unfavorable evaluations as per the feedback provided by its clients.
Excel Dwellings Bangalore: Customer’s Complaints
- One of the customers has complained to the corporation, alleging that Excel Dwellings Bangalore is a fraudulent enterprise. The individual secured the apartment by providing an advance payment or rebooking fee of 50000.
Subsequently, the realtor informed me that the home had been sold several years prior. Numerous instances have been revealed about the property, with a multitude of legal proceedings involving the corporation.
The legal representative of the organization furnished the previously absent documentation about the property. I made the decision to request a refund of my booking deposit of 50,000 rupees.
However, the party responsible for processing the refund informed me that 20% of the deposit had been withheld in accordance with the established regulations. To date, I have not received the payment owed to me.
- According to the lawsuit, the client alleges that during their tour to the property, they expressed a positive inclination toward it and expressed a desire to make an immediate purchase. According to Excel Dwelling Bangalore, there is a limited availability of properties for sale.
Since per the company’s manager, Mr. Rajesh, it was mentioned that the property’s documentation was not verified, since the verification process was already conducted by the banks for the loan paperwork. Additionally, the decision was made to refrain from incurring unnecessary expenses by verifying all the documents through a lawyer.
Subsequently, a manager contacted our party and informed us that another individual had expressed interest in purchasing the house on the following day. If one desires to acquire the land, it is imperative to do it promptly, as it has already been observed by another individual. We are prepared to acquire the land, thus he forwarded the necessary documentation and indicated that 20% of the total sum has been remitted upon reservation, with the remaining balance subsequently settled by the consumers.
Subsequently, we made the collective decision to provide the aforementioned documents to legal counsel, who promptly informed us that the property in question had already been sold and would not be made available for purchase by our party. We are experiencing a state of profound surprise and disbelief.
The individual in question exhibits a propensity toward dishonesty. The occurrence of fraudulent activities in the Excel Dwelling area in Bangalore has been observed.
Ultimately, a collective decision was reached to terminate the property, after which we were informed of their intention to impose a deduction amount of either 20,000 or 50,000.
It was asserted that the stipulation in question was not included in the contractual agreement. Subsequently, further attempts were made to establish communication with them. Currently, they are no longer in existence. A big scammer!!
- Based on the customer’s complaint, it is alleged that upon entering into a sales agreement with SSR Homes, two plots were purchased, one measuring 40×40 and the other measuring 40×30.
This particular location was commonly referred to as SRR HYDE PARK. The authorization for the property was granted to me during the same calendar year, as assured by Shiva and Vijay, who hold the position of sales manager at Excel Dwellings Bangalore.
Consequently, I allocated approximately 85% of my savings towards the acquisition of the property. Shortly, I will be required to travel internationally for professional purposes.
Upon my return, it was discovered that the land in which I had invested had not undergone the necessary legislative processes. I attempted to establish contact with the relevant party and informed them of the reimbursement of funds. However, I have yet to receive a response from them.
Subsequently, a correspondence was received, elucidating the presence of more investors in their enterprise. The individuals in question are engaging in fraudulent activities.
For the past to one and a half months, my spouse and I have been attempting to establish contact with them, but they have been consistently unavailable. The percentage of the investment was not returned to me. These individuals engage in fraudulent activities of significant magnitude and should not be relied upon or trusted.
- The refund for the purchase price of the plot by Excel Dwellings Bangalore has not been issued.
The disbursement of funds by Excel Dwellings Bangalore has been subject to significant delays. A period of six months has elapsed without any explanation being provided.
The party in question has previously provided us with a written commitment but has since exhibited a pattern of non-responsiveness by not answering or returning my phone calls.
The customer claims that he is experiencing a significant level of frustration and would strongly advise against engaging in any property transactions with them. Instances of fraudulent activities have been observing.
More Complaints from Excel Dwellings Bangalore Customers
- One consumer, Ritishjollly88, who has engaged with Excel Dwellings Bangalore, asserts that he has invested in fraudulent houses to realize his life’s aspirations. The motivation behind investing in the aforementioned fraudulent company stems from the occurrence of my sister’s wedding in the city of Bangalore.
The decision was made to acquire a residential property before the wedding ceremony. However, the progress of the job is characterized by a sluggish pace and substantial financial costs.
Before selecting the dealers, I had previously communicated to them that the task must be accomplished before my sister’s wedding. Regrettably, it appears that this objective will not be met.
Numerous items have been rendered unusable, prompting my expression of dissatisfaction; nevertheless, no answer was received from the responsible party.
Losers!!
- Subha Yoga asserts that the individuals associated with Excel Dwellings Bangalore, the organization in question, are deemed to be a group of individuals lacking responsibility. Consequently, I acquired a parcel of land within the Pebble Creek plan situated in Sarajpur.
The property is currently involved in a legal dispute, and the individuals responsible for its promotion are idling away their time.
- The grievances assert that SRR Homes & Excel Dwelling Bangalore engage in fraudulent practices and target uninformed customers who are enticed by extensive internet marketing shown on several real-estate platforms in India. Certain agents exhibit a level of proficiency comparable to that of a firm.
Fake properties!!
CASE STUDY
Mr.Yerneni Chakradhar V. Excel Dwellings Bangalore
Judgment
The complainant has initiated legal proceedings against Excel Dwellings Bangalore in dispute seeking the restitution of Rs.4,00,00,000/-, in addition to accruing tax at a rate of 18 percent per year at the beginning of the case until the amount is fully recovered.
We look at 34 different data points when analyzing and rating online money-earning opportunities. Once the research on these data points is submitted, expert contributors reach out to the company’s customers and associates to get more insight into their operation. Finally, all the collected information is presented in the form of this expert review.
All the data is extracted from publicly available information and the sources are given in the transparency section at the bottom of every report.
These reports are made possible by the collective efforts of contributors like you. If you would like to become a contributor then contact us here.
The complainant additionally aims to secure reimbursement for the expenses incurred throughout the legal proceedings, as well as any other remedies available.
As per the plaintiff’s allegations, the respondents are engaged in the enterprise of land development and the construction of villas along with additional structures in the vicinity of Bangalore.
The complainant has been acquainted with the members of the defendant’s Board of Management over decades of a business deal. The complainants placed their trust as well as a genuine belief in each member of the defendant’s Board of Management, performing duties.
The accused parties initiated contact with the complainant, seeking monetary support in the amount of Rs.4,00,00,000/- to facilitate the growth of their developmental & economic endeavors.
The individuals comprising the Board of Managers of the company in question made a commitment, guarantee, and pledge to reimburse the aforementioned sum no later than, together with an additional sum of Rs.4,00,00,000/- as interest.
The complainant, who was influenced by the aforementioned commitments, guarantees, and commitments, disbursed an amount of money amounting to Rs.4,00,00,000/- to the respondent.
About Excel Dwellings Bangalore
Excel Dwellings Bangalore is an independent residential area situated on Sarjapur Road, serving as the nation’s pioneering international athletic villa enclave. The project has an expansive area of 74.5 acres, of which 8 acres are specifically allocated to host sporting venues and provide modern amenities.
Following extensive study and surveys, Excel Dwellings Bangalore has built Oxigen, a strategically positioned location situated near three prominent IT hubs, notably ITPL, Electronic City, & Outer Ring Road. Located amidst the serene beauty of nature, Excel Dwellings Bangalore is a captivating and renowned home sports community.
The location boasts a plethora of amenities, including championship golf courses, shopping centers, medical facilities, and recreational retreats, ensuring a constant state of engagement for its inhabitants.
The commute to Bangalore International Airport is expedited by using National Highway 207, which is slated to be transformed into the Peripheral Ring Road shortly.
This characteristic renders it highly desirable & easily obtainable for residential purposes, thereby contributing to its popularity among potential residents. If you want to know more about the organization, you may follow the link: Excel Dwelling Bangalore.
Final Thoughts
The client’s experience with Excel Dwellings Bangalore has been unsatisfactory due to a sequence of unfortunate incidents and apparent misrepresentations. During a property tour, the customer exhibited a strong inclination towards a certain property and held the belief that it was potentially available for acquisition.
Subsequently, it was disclosed that the aforementioned property had previously been acquired by a different entity. The observed mismatch gives rise to issues regarding the openness & reliability of Excel Dwellings Bangalore’s operational practices.
Furthermore, the absence of sufficient document authentication and the accompanying reluctance to offer explicit responses regarding the property’s condition has resulted in a feeling of confusion and dissatisfaction on the part of the client.
The purported acts undertaken by Mr. Rajesh, the manager of the company, have engendered additional inquiries over the business procedures of Excel Dwellings. The unexpected implementation of a deduction quantity that was not explicitly specified in the contract further contributes to the apprehensions.
The majority of the client’s assertions indicate the potential presence of deceptive practices inside Excel Dwelling Bangalore. The issue at hand is of considerable importance, and the abrupt cessation of operations by the company further exacerbates the client’s feelings of dissatisfaction and grief.
Given the circumstances, it is evident that there exists an urgent requirement for openness, responsibility, and adherence to ethical principles within the real estate sector.
The case acts as an illustration of the significance of conducting comprehensive evaluations of property providers and engaging legal expertise when deemed essential to safeguard one’s rights.
The aforementioned incident encountered by the client highlights the imperative of heightened awareness and meticulousness in the context of property purchases.
