Sovereign Developers and Infrastructure Limited (filed for Insolvency) - Bengaluru
2.1/5
★
based on 8 reviews
Contact Sovereign Developers and Infrastructure Limited (filed for Insolvency)
| Address : | No. 16, 2nd Floor, S.D. Complex, New BEL Rd, Jaladarshini Layout, Bengaluru, Karnataka 560054, India |
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| Phone : | 📞 +999799 | ||||||||||||||
| Postal code : | 560054 | ||||||||||||||
| Website : | http://www.sdil.in/ | ||||||||||||||
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Kiran Reddy on Google
★ ★ ★ ★ ★ Builder initally sold flats at Unnathi for 14l. Many people invested. Project was supposed to handover in Nov2012. so far it was not given.
Builder sent esclation charges of 851000Rs per flat which is close to 60% of the initial price as per agreement.
Lot of us had good hopes on this builder that we were getting out house. Now all we are left is a legal battle in courts and headaches.
Please do a through research on the builder before hand to save yourself form the trouble
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ram mohan on Google
★ ★ ★ ★ ★ Absolutely no point in reading these reviews, i have a real experience with them, no problem at all by the developers, They are very good, after booking flats we came here in google for searching the official website, but some competitor might have written some bad comments about the builder. Sovereign developers are very good as per my knowledge and experience with them.we had compared many builders like sobha,prestige,RR and alpine, but all we rejected because of the price they are quoting is too high,But Sovereign developers are the one who gave us the fair price and we just booked because of the wonderful location,100% i would recommend people, just visit the sites and decide,@ some nonsense people will write about any business anything,but seeing is believing so visit the place and have live experience.
Office is @ New BEL rd.get cont No from website.
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Krishna Murari on Google
★ ★ ★ ★ ★ We (1600 Apartment Flat owners) for Unnathi Project, We booked Apartment Flat on April 2010 @ 14 +1 = 15 Lakh and as per agreement, Builder suppose to complete the Project by November 2012.
Instead of Completing the project Builder asking Extra amount of approax 11 Lakhs (8.51 Lakhs + Taxes) . Otherwise Builder Threatening to Cancel the Flat. We have already paid 95% of Total amount as per agreement.
But now Builder forcing us to pay the extra amount (That is not mentioned in the agreement) otherwise they will Cancel Flat. Builder have almost stopped work on current project and selling other under construction Project (like Sona and LakeView) to customers.
We don't have any other option other than legal battle, (because Builder management is not agree to talk to customer). Now am trying to aware to other customer (Who is booking or already booked flats from this Builder for other project like Sona and LakeView) be careful/ready for extra demand in future from Builder.
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MK Gowda on Google
★ ★ ★ ★ ★ builder is very rude and threatens the customer, avoid this builder .
first they comes up with a lowest price in bangalore offering tag, agreement is one sided with all clauses favoring them, no project status up date on time and even you ask for the same they wont reply at all.
no communication from the builder after you invest your money, harasses the customer by sending combined demand notes and threaten them for cancellation if we wont pay on the date which the builder given.
so many hidden charges poping up when the project progress. model flat shown with aircondition points, washing machine point, exhaust point but they later says it is not mentioned in the agreement so you have to pay extra for all these . its a clear cheating.
they threatens to cancel the flat if the customer communicate the other owners through forums or ask them directly for any clarification related to the project.
project status is pathetic . project launched in April 2010 and now after 2 years, only the pillar structure is completed and we paid almost 90 % of the amount.
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Roopa Thammaiah on Google
★ ★ ★ ★ ★ I have had a harrowing experience with this cheat of a builder. Paid almost 30 Lakhs in 2012 for two Under construction flat, got the registration done, the flat was then sold to Times of India. The builder has the guts to tell me , they have done this as i had delayed my payments, however they had no qualms of accepting the payment every after they sold the flat to someone else. This is 2019, the cheat Mr. Deepak, has not returned the amount that i have paid till date. Wish i could give minus rating. Please dont fool common people who are investing their hard earned money like this
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sounder rajan on Google
★ ★ ★ ★ ★ There is no option to give 0 stars. When I invested, the information on the builders was not there. So, anyone reading this review should back off from SDIL even if they offer for free. Invested in 2009, and yet to receive my flat. SDIL filed bankruptcy. And buyers like me have no hopes. This sums it all. So, stay away
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swapan das on Google
★ ★ ★ ★ ★ Builder in only interested in garbing money for customer without giving any service in return. The project which schedule to be handed over in December 2012 is still not completed although the more than 99% money had been taken from the customer by the builder.
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Emelia on Google
★ ★ ★ ★ ★ Builder is fraud don’t waste your hard earned money.
They had taken booking money in 2014 but their Lake-view Bangalore project got cancelled in 2015. SDIL did not returned the money until now.
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