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Showing posts from June, 2019

How to escape from Lodha's "Sales Trap" without losing money

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18th June, 2019, Mumbai: Many flat-buyers of Lodha Group's various projects -- especially Palava City, New Cuffe Parade and World Towers -- want a refund. They want to cancel their deal, and get their money back with interest. The usual reasons are: (1) build quality issues (2) delayed possession (3) carpet area deficiency (4) unfair trade practices (5) unauthorized or improperly authorized construction (6) mis-selling and false promises.

But getting money back from Lodha is difficult. The terms and conditions mentioned in the application form, allotment letter and agreement form make it clear that Lodha will retain 10% of the consideration amount, and make a lot of other deductions too.

So, how to get back your refund without losing a lot of money?


Well, friends, here is something you can try. There is a big loophole in Lodha's agreement format for various projects. It is a clause designed by Lodha's lawyers to trap customers, but this same clause can be used by you to …

Lodha World Towers: 35 floors may be demolished @ World View & World Crest

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Mumbai, 11th June, 2019: Unnoticed by investors, Lodha's dream of building a 441-metre 117-storey tower called World One -- supposedly the "world's tallest residential tower" -- has been given a quiet burial. For a whole decade, builder-politician Mangal Prabhat Lodha, after strategic acquisition of the land-rich Shreeniwas Cotton Mills Ltd, moved heaven and earth to get height permission for constructing a 441 metre World One tower, protruding into the flight path of planes taking off and landing from Mumbai's Santacruz Airport.  Airport Authority of India (AAI) bluntly refused to play ball. For nine years, AAI has resisted Lodha's persistent lobbying efforts, and given him permission for only 285 metres. So, after constructing over 80 floors in 2015, Lodha had to demolish the top floors; currently, World One is only 76 storeys high. 


But Lodha is still encroaching on Mumbai's aviation space. Although Airport Authority explicitly said that the other tower…

Our Correspondence with Lodha about World Towers Height Article & Video

Mumbai, 11th June, 2019: Below, I reproduce our complete correspondence with Lodha regarding this article (http://bit.ly/Lodha-World-Towers-Height-Article) and this video (https://youtu.be/ijgyJuLbe_E) about the unauthorized height of World Towers, Upper Worli, Lower Parel, Mumbai. I am putting these facts before the public domain at great personal risk. Because of the content that I am making public today, there is every possibility of my being falsely prosecuted, not only for defamation but also for criminal offenses like blackmail and extortion. Indeed, a well-orchestrated publicity campaign has been going on to discredit my sources and impute malafide motives to them, and to prosecute them.
Our correspondence leading upto today's publication is as below: 1) Our emailed request for rebuttal From: Krishnaraj Rao <krish.kkphoto@gmail.com>
Date: Tue, Jun 4, 2019 at 8:23 PM
Subject: Draft Article / Press Release on Lodha World Towers for your rebuttal / rejoinder

To: <abh…