#Indiabulls Sierra Vizag - Buyers Grievances due to IB's malified delays by more than 2yrs

The Issue

India bulls Real Estate venture in Vizag by name Sierra Vizag has looted buyers in the name of corporate brand and delivered "zero" flats to date delayed by almost 2 years. There is no communication or ownership whatsoever and customer grievances fall on deaf ears. We've booked flats during 2014/15 with expected handover according to our sale agreements as 36+6 months including buffer. Most buyers paid 85% of their agreed flat amounts to date incurring huge bank loan interests. They just cheated 600+ buyers, took our hard earned money and almost fled.

avatar of the starter
Ravi OgiralaPetition Starter
This petition had 342 supporters

The Issue

India bulls Real Estate venture in Vizag by name Sierra Vizag has looted buyers in the name of corporate brand and delivered "zero" flats to date delayed by almost 2 years. There is no communication or ownership whatsoever and customer grievances fall on deaf ears. We've booked flats during 2014/15 with expected handover according to our sale agreements as 36+6 months including buffer. Most buyers paid 85% of their agreed flat amounts to date incurring huge bank loan interests. They just cheated 600+ buyers, took our hard earned money and almost fled.

avatar of the starter
Ravi OgiralaPetition Starter

The Decision Makers

Indiabulls Real Estate Limited (IBREL)
Indiabulls Real Estate Limited (IBREL)
Sameer Gehlaut
Sameer Gehlaut
Indiabulls Real Estate Board of Directors
Indiabulls Real Estate Board of Directors
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