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Complete Fraud
Apr 12, 2017 08:04 AM 11683 views

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I bought a 3 bed room apartment in Fortune towers in the year 2011. Paid 95% of the agreed amount through bank loan more than a year ago.


The bank wouldn't release the last 5% of the loan amount until registration is done. And Aditya wouldn't do registration until they get the last 5% percent as well. So I paid that last 5% more than 8 months ago.


Registration is still not done. Now they are asking for interest on the late instalment from the customers who didn't pay the entire 100% . Very tricky situation. Looks like they don't have any money to complete the rest of the work.


It seems the Aditya Constructions owner(Thota guy) invested a lot of money to get party ticket in YSRCP. And ended up losing a lot of money and hence all the issues.


13 projects of Aditya constructions are in the same situation it seems.


I may not have sounded frustrated, but the situation is real real bad.


Stay away from these guys.


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