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MVL Coral , Bhiwadi

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Location/place: Delhi

Name of company/service: MVL Limited

Project Name – MVL Coral , Bhiwadi
Company – MVL Limited
Date Of Possession – 31 Dec 2010.
Around 3.3 Lakhs of interest has been imposed upon me stating that my payments had not come on time whereas no demand letter was sent to me. On contacting their co-orporate office on 26 Jul 2012 at Gurgoan they had failed to produce any letter wherein demand was sent to me.
secondly – the reply given to me by their Head at Gurgoan (Mrs Sujatha )was that ” they are not supposed to inform any customer about payment since this will lead to late payment and company will earn interest” .

Thirdly My loan was sanctioned by LIC and they had paid them intialy the amount as per the progress of Project by MVL so i had no say in it, i had been paying LIC the EMI as per the sanctioned loan that is 23 lakhs it hardly matters to me if LIC pays them complete 23 Lakhs.

I have failed to understand that without demand letter how is Bank supposed to release the payment or i can ask the bank to release the payment.

Comments

24 responses to “MVL Coral , Bhiwadi”

  1. MuktaRai& VishalRai Avatar
    MuktaRai& VishalRai

    faced the same problem as you.They have levied late payment interest of approx Rs 1.25 lacs & approx Rs 3 lacs on flat no 706/c-5 & flat no 705/c-5. willing to fight it out in court.
    vishal& mukta

  2. MuktaRai& VishalRai Avatar
    MuktaRai& VishalRai

    faced the same problem in respect of flat no 705/c-5 & flat no 706/c-5 .The builder of mvl coral charged approx Rs 3 lacs & approx Rs 1.25 lacs as late payment charges.We are with you in fighting the case against the builder.Contact us on email

  3. MuktaRai& VishalRai Avatar
    MuktaRai& VishalRai

    note our emails [email protected],[email protected]
    regards ,
    VishalRai & MuktaRai

  4. Nilesh Jain Avatar
    Nilesh Jain

    I am also facing the same issue also they have been canceled my flat allotment saying the delay in payment. I am fighting the court case against them.

  5. ANISH Avatar
    ANISH

    Nitesh i am also fighting a consumer / civil case against MVL along with 7 others with the same reason. you can contact me on [email protected]

  6. RAKESH Avatar
    RAKESH

    I HAD BOOKED FALT IN 2012 AND PROMISED THE POSSATION ON MAY-2013
    AND TILL I HAD NOT GOT POSSATION AND THEY HAD GIVEN DEMAND LEETER OF RS 3 LAKHS

  7. Manish Gautam Avatar
    Manish Gautam

    Hi! I have seen all the negative comments against this builder. But after lapse of more than 1 year has the situation improved? In fact I wish to buy a flat in MVL Coral now. Can anybody suggest how the property is being maintained after completion?

  8. Rohit Gupta Avatar
    Rohit Gupta

    We are also suffering from the same issue –

    1. Delayed Possession
    2. Unreasonable High Interest Rates
    3. Service Tax Demand with no proper justification
    4. Increased Area with no proper proof..

    Despite paying 80% payment , they have cancelled our flat. We are going to file case against them. Do join us…

  9. Hemant Sood Avatar
    Hemant Sood

    Hi, I have faced the same problem. Have already paid more than 90% amount. Now they are asking for 4.00 lacs in interest and were offering possession without having any completion or occupancy certificates from the government. Then they threatened to cancel the allotment, and I took them to the consumer court. The case is subjudice and I am very hopeful of getting a positive judgement. In the meanwhile, I suggest that we can all get together and take further action against MVL. People can contact me on my email at: [email protected] or on my Phone: 9810755523

  10. vijaykumarjain Avatar
    vijaykumarjain

    myclyinder havvyleakege thiscomp. costmercare& gassagency compailent no (cc1501015) date 6/10/2015 and again call but not response

  11. Virendra Singh Avatar
    Virendra Singh

    I also have flat in Avenue 4 of Mvl coral and thinking to file a case on them.

    Please contact me on [email protected] if you want to join.

  12. Chetan Aggarwal Avatar
    Chetan Aggarwal

    National Consumer commission judgment Case numbers CC/142/2012, CC/158/2014 and CC/356/2014

    Background of cases
    17 buyers filled three cases in NCDRC for fraudulent practices adopted by M/S MVL Limited in their project MVL Coral, Bhiwadi, Rajasthan . M/s MVL Limited floated a scheme in the year 2006 and aggressively marketed the said project promising high living luxury apartments, specially designed Swimming Pool, 24 hour power back up, Modular Kitchen, Covered Car Parking, Garden, Play Area, Security Club house, Rain Water Harvesting, Wifi Internet, Gymnasium etc. The project was planned with five towers namely Avenue-1,2,3,4 and 5. Out of 5 towers, only tower no. 5 has been constructed at site as per approved layout plan. The numbering and layout plans of all other towers were changed for unprecedented gains by the builder. 3 complainants had booked in tower-5 and all others in other towers. MVL Limited could not obtain mandatory occupancy certificate for the said project.
    Court Orders
    In its order, the NCDRC on 7-12-2015 said 3 buyers of tower-5 will take possession. MVL Limited is directed to furnish the occupation certificate, within 9 months from date of orders, as agreed, otherwise, it will carry additional penalty in the sum of Rs.2,000/ per day for each of the complainants, after the expiry of said 9 months. There was a delay in providing possession in the premises in dispute. Consequently, they be paid penalty of delayed possession @ 15% per year,
    till the possession is given. MVL Limited is also directed to provide covered car parking, club membership, power backup, park facing flat, wherever applicable and corner flat, wherever is applicable, as mentioned in the agreement, within a period of 9 months, as already ordered, otherwise, it will return the entire amounts paid by the complainants, along with interest @15% p.a. from the date of receipt of the money, till realization.
    For all other complainants commission noted MVL Ltd. had changed its original plans and increased the number of floors, flooring area, ratio and density per acre. It has caused inordinate delay in completion of said projects. It has changed zoning plans, usage pattern, super area, carpet area and alteration of structures. This is an indisputable fact that the MVL Limited, of its own accord, arbitrarily and despotically, without seeking the consent of the allottees, has changed the tower number. This is deficiency on its part. The consumers cannot be compelled to accept the flats according to the sweet choice of the builder. The choice of builder cannot be imposed upon the consumers. It would be worst kind of highhandedness on the part of the builder.

    Consequently, all other complainants are entitled of refund of money. All the remaining complainants shall be refunded the money that they had paid with interest @15% p.a from the date they paid till realization.
    All the complainants are entitled to costs in the sum of Rs.25,000/each complainant.

  13. Gagandeep Avatar
    Gagandeep

    I had booked my flat in MVL, even my possession was cancelled..
    Lets fight together, it will make our case strong.

    Also @ Mr. Chetan Aggarwal provide ur contact info.. So that I can take guidance how you proceeded and all..

    Gagandeep
    7503589895

  14. Ramakantmishra1981 Avatar
    Ramakantmishra1981

    I had booked my flat in MVL, in HINDI HOMES in Sp.2009 . But till date i am waiting
    Lets fight together, it will make our case strong.

    [email protected] provide ur contact info.. So that I can take guidance how you proceeded and all..

    Ramakant mishra
    8860443744

  15. Dr.Muktesh Sharma Avatar
    Dr.Muktesh Sharma

    hi , can I join in the group and file a complaint in consumer court with all affected by the apathy of MVL owners ?I have paid all amount since long and have not received the allotted flat.

  16. Dr. Sunila Sharma Avatar
    Dr. Sunila Sharma

    As per Consumer court directives -“Consequently, all other complainants are entitled of refund of money. All the remaining complainants shall be refunded the money that they had paid with interest @15% p.a from the date they paid till realization.
    All the complainants are entitled to costs in the sum of Rs.25,000/each complainant.
    ” Let’s join together and make efforts to get the consumer court’s directive implemented by the MVL .

  17. Dr. Sunila Sharma Avatar
    Dr. Sunila Sharma

    Enclosing Consumer court comments before rendering the above decision :
    1. National Consumer commission judgment Case numbers CC/142/2012, CC/158/2014 and CC/356/2014
    Background of cases
    17 buyers filled three cases in NCDRC for fraudulent practices adopted by M/S MVL Limited in their project MVL Coral, Bhiwadi, Rajasthan . M/s MVL Limited floated a scheme in the year 2006 and aggressively marketed the said project promising high living luxury apartments, specially designed Swimming Pool, 24 hour power back up, Modular Kitchen, Covered Car Parking, Garden, Play Area, Security Club house, Rain Water Harvesting, Wifi Internet, Gymnasium etc. The project was planned with five towers namely Avenue-1,2,3,4 and 5. Out of 5 towers, only tower no. 5 has been constructed at site as per approved layout plan. The numbering and layout plans of all other towers were changed for unprecedented gains by the builder. 3 complainants had booked in tower-5 and all others in other towers. MVL Limited could not obtain mandatory occupancy certificate for the said project.
    Court Orders
    In its order, the NCDRC on 7-12-2015 said 3 buyers of tower-5 will take possession. MVL Limited is directed to furnish the occupation certificate, within 9 months from date of orders, as agreed, otherwise, it will carry additional penalty in the sum of Rs.2,000/ per day for each of the complainants, after the expiry of said 9 months. There was a delay in providing possession in the premises in dispute. Consequently, they be paid penalty of delayed possession @ 15% per year,
    till the possession is given. MVL Limited is also directed to provide covered car parking, club membership, power backup, park facing flat, wherever applicable and corner flat, wherever is applicable, as mentioned in the agreement, within a period of 9 months, as already ordered, otherwise, it will return the entire amounts paid by the complainants, along with interest @15% p.a. from the date of receipt of the money, till realization.
    For all other complainants commission noted MVL Ltd. had changed its original plans and increased the number of floors, flooring area, ratio and density per acre. It has caused inordinate delay in completion of said projects. It has changed zoning plans, usage pattern, super area, carpet area and alteration of structures. This is an indisputable fact that the MVL Limited, of its own accord, arbitrarily and despotically, without seeking the consent of the allottees, has changed the tower number. This is deficiency on its part. The consumers cannot be compelled to accept the flats according to the sweet choice of the builder. The choice of builder cannot be imposed upon the consumers. It would be worst kind of highhandedness on the part of the builder.

  18. Dr. Sunila Sharma Avatar
    Dr. Sunila Sharma

    Today’s news in TOI — Supreme Court has directed Amrapali to set up portal for refund claims
    [CJ Dipak Misra and Justices AM Khanwilkar and DY Chandrachud appointed advocate Pawan Shree Agarwal as amicus curiae and asked him to create a website for buyers]

    In an earlier petition filed by 17 + 3 buyers a favorable Judgement has already been given by NCDRC for MVL Coral, Bhiwadi for refund with interest and penalty for delay to complainants on 7.12.15.

    These are landmark cases which should facilitate the refunds case individually or jointly represented with a cost of an advocate’s fees.
    I have been talking to an advocate on the basis of previous decision given by National Commission in 2015 – and today’s news of a supreme court judgment of a similar nature in Times of India.
    If there are other people who are already representing their case and want us to join in or would like to make a new joint petition if none exists -for the same cause in the court ,please comment.
    please let me know.

  19. Dr. Sunila Sharma Avatar
    Dr. Sunila Sharma

    Dear MVL Coral investors –
    I have contacted a lawyer for looking into the grievances of all those who are fighting for non handing over our flats in MVL Coral Bhiwadi till date ,
    If there is an ongoing case [already filed in a consumer court] ,please inform here so that a rejoinder may be given by the advocate for the new joinees for the legal fight. A favorable judgement for investors in that project in the past is sure to make it easy for the advocate to sail through successfully.

  20. Dr. Sunila Sharma Avatar
    Dr. Sunila Sharma

    Please contact Dr. Muktesh Sharma at 99100 16282 –
    to join in and submit the joint rejoinder to the consumer court .

  21. Avatar
    Anonymous

    I have also booked a flat along with 4 other doctors in MVL coral with payments done through AXIS bank and am currently paying the loan EMI but have so far not seen any positive assurance from builders.
    Let us pursue the matter as abigger group for refund or possession.
    Dr. S. Dam.

  22. Ashish Gupta Avatar
    Ashish Gupta

    hi , I would like to join in the group and file a complaint in consumer court or at any other forum / court, with all affected by the apathy of MVL owners ?I have paid all amount since long and have not received the allotted flat.

    Also when i last visited the site of MVL Coral, Bhiwadi around 2 months back, Only the structure was ready of our building complex. We had paid the entire amount upfront, around 90%.
    Ashish Gupta: 98100-22488, Email: [email protected]

  23. Parveen Yadav Avatar
    Parveen Yadav

    I have also booked a flat at mvl coral ,Avenue 2 wing A, 5 th floor in year 2006 and paid 1678500( sixteen lac seventy eight hundred and 500 rupees and aggrieved by builder.builder not given possession even not ready to return my money.
    Parveen
    Mob.9999938044
    Email: [email protected]

  24. Sunil Karra Avatar
    Sunil Karra

    I had booked MVL Coral Flat in Oct 2012 & was promised for May 2013 hand over . Had paid the stipulted amount on time & Rs 20 Lakh loan i wanted which MVL executives promised to arrange , I got approval of loan from LIC Alwar but due to non availability of documents from society the amount was not released . Then after 6 months i arranged another bank HDFC . Later on i was charged extra 3,5 Lakh for the delay in payment plus FAR increase ( as they had were not able to construct 6 the apartment wing they put the vacant area to all ) I had tried all arguments but they forced me to pay the amount otherwise they were to cancel my booking . Then for the possession of flat i had to go to court then only i was given my hand over of flat . AT the time of hand over what ever defective things were notified is still not rectified or changed.
    The worst is since 2016 May i have the flat but couldn’t get good tenant every month Electricity Bill & Maintenance charges i m paying free , The maintenance charges are also so high @ 4725 per month. The security & maintenance staff are getting lesser month by month . The staff also changes very frequently in society Bhiwadi & head office at Gurgaon . Building condition is not properly maintained . Tower 4 is not completed it gives a haunted building look .
    Hoping some way the things of Society & Bhiwadi improve so that invested moneys worth is seen .

    Sunil Karra
    3 C 703 MVL Coral

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