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Ruparel Luminaire Scam
Hi Everyone, I am seeking advice and support regarding a frustrating situation with a property investment in India. We were promised a completion deadline of July 2026, but it's clear that this deadline is unattainable as the developers have yet to obtain the necessary Occupancy Certificate (OC) from the government. To date, we've invested ₹50 lakh in this project. Despite this significant financial commitment, we've received no concrete assurances or timelines for the project's completion. Instead, we're met with continuous delays and unfulfilled promises. This morning, the developers spoke to a my family member and mentioned an outstanding payment, implying that we would be charged extra for not making the payment. We've consistently communicated our readiness to make the payment, provided they produce the correct legal documents required for construction from the BMC. They mentioned that they will deduct 20% of what we have payed if we plan to back off. Furthermore, after expressing our intention to withdraw from the project due to these delays, another consultant responded with yet another unsubstantiated promise that the project would commence in January 2024. We are now in February 2025, and the project remains stalled with no substantial progress or credible explanations. The lack of responsiveness and accountability on their part is unacceptable. We've had to make numerous follow-up calls, often without any response, only to be met with false assurances. Has anyone else experienced similar issues with property investments? What steps did you take to resolve them? Any advice on how to proceed legally would be greatly appreciated. Also we are looking for people who have invested in Ruparel.4
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