Aliens Developers Pvt. Ltd. return our money

Facts:

Total Amount paid to Aliens till date - Rs 25 lakhs plus

Booked the flat in-  Nov-06

Promised Date of Delivery -  3 years i.e November 2009

Delay as on Feb 2012 - 2 years 4 months

Discussion for cancellation of flat initiated in - Apr-11

Formal letter to cancel booking given in-  Jun 2011( 2 months delay was due to Aliens not giving the resale/booking cancellation form on time. We sent back the form in two days)

According to the sale agreement, our money should have been returned in - 45days

No. of mails (only reminder mails) that we have sent to get our money back - 17
No. of times that we have visited their office to get our money back - 11

No. of phone calls that we have made to them to get our money back - lost count

No. of days that we had to wait to get to speak (only speak, NOT meet) to the Managing Director, Mr. Hari Challa - More than 2 months

All this inspite of both of us having very demanding jobs. We are not even accounting for the man hours lost, lost time with our daughter, and the emotional and mental stress that we are experiencing in the entire process.


They have given us 5 post dated cheques starting from May 2012 onwards to repay MY money. Reason: They needed to pay to HUDA. Using our money to pay to HUDA? Is that how companies work? I have spent 12 years analyzing companies and financial markets. These are tell tale signs!

This happened in November 2011 (8 months after the initiation of the talks). But we need our money urgently. So we requested to speak to Hari Challa. It took 2 months to get to speak to him.

Hari Challa offered to pay the rent of the house we are living in currently, or to pay us interest when we finally got to speak to him after chasing for more than 2 months. But all we are asking for is to repay our principal. That’s All. Not a penny more. Not a penny less. He promised to pay us Rs2lakhs per month till the month of May, and from then onwards the previously given post dated cheques would be honoured.

Forget about the interest that we would have earned on the Rs25lakhs over the years, even if they had returned our money within 45days of the letter of cancellation of booking, at the going Fixed Deposit rates, we would have earned an interest of Rs1.8lakhs till date. And as per the contract, for delay (leaving the grace period of 6 months), they should have paid us Rs3/-(much lower than the industry standards) per SFT per month, amounting to close to Rs1.2lakhs. But we are not asking for all this. We are just asking for our principal.

To get the Rs 2lakhs per month agreed y Hari Challa, we have made numerous phone calls, 2 visits to their office, written emails. We could get a DD of Rs 2 lakhs at the end of all this. But they have refused to give post dated cheques for the rest of the months. For the balance cheques, they made several commitments, every time it was TOMORROW. Broke each of their commitments.

If the MANAGING DIRECTOR’S word cannot be trusted, what kind of company is this? What kind of people work in this organization? Do we need to call them, visit them, and email to them these many times each month to get our own money back?

And Mr. Hari Challa wants to build a WORLD CLASS company. Indeed. He should be ashamed to even utter those words. With cronies of the likes of Suresh working for him, its not far before he is dragged to court by some disgruntled customer.

As Naseeruddin Shah says in the movie A Wednesday, its not that we can’t do things to hurt them (i.e take them to court or send goons or publisize what they are doing), its just that we are so caught up in our day to day work, that we do not have the time or the energy to do it. But there is a limit to tolerance. While people like us cannot resort to goons, we can surely take advantage of technology.

So as a first step, we are posting this on my Blog.

In the second step, it will go to the mailing list of our respective companies’ employees and contacts.

In the third step, we will post this on facebook, orkut and twitter. Including on the facebook account of Hari Challa. Let his friends also read about his world class company and him.

In the fourth step, we take this to the media.

Fifth and final step, gandhigiri. We will stand with placards in front of their office to get our money back.

It is sad that we even have to think of all this. We would glad just take our money and have nothing to do with Aliens ever. But they are forcing us to resort to all this. We are educated and busy people. We are ashamed that we have had to deal with people like Suresh who cannot even be called human, to say the least.

It is our earnest request to all the potential home buyers to not even consider any of the properties of Aliens.