How this Doctor lost Rs 1 lakh by booking flat in SIGNATURE GLOBAL CITY GURUGRAM | Property Purchase
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- Опубліковано 22 тра 2023
- Dr Subhash Madan and his wife Savita booked a flat in Signature Global through a well-known broker and influencer Mr Amit Sangwan. This is a detailed description of his experiences as a buyer.
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
krish.kkphoto@gmail.com
Twitter @BravePedestrian
Mumbai
#realestate #signatureglobal #gurgaon #underconstruction #gurugram #delhincr
Thanks Krish for exposing the unholy nexus between brokers and builders. Their aim is to first trap the customers and take an advance payment. And thanks to Dr Subhash for speaking up against injustice. There is a very fine difference between Breach of Contract and a White Collar Crime. We must extend all help to Dr Subhash to recover his money.
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Good on you Doc and Krish for deciding to expose this group. At this stage I guess its just not about recovering the the money but also about teaching a lesson to all the heartless brokers and builders out there. You should also get a compensation for all the pain and stress caused by them, so they don't dare try to dupe others from their hard earned money. Stay strong Doc and Krish and wishing you lots of luck.
Doctor saheb is so honest and genuine,thank you for alarming us
Thanks for sharing; Please take care of your health and do things that you enjoy. This is going to be a long battle and a happy mind will give you the energy to fight these cheaters without letting them ruin your peace of mind
What surprises me is people are continuously getting fooled coz of this Amit Sangwan.
very true
I have been waiting for one Amit Sangwan video.
Thanks Dr saab for sharing your experience amd Krishna sir for giving him the platform. Under construction property investment in India are very risky, Rera is also not effective in protecting buyers.i remember the supertech twin tower demolition, buyers who bought flats in that lost years of wait for their dream home all because builder was doing illegal stuff.
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Gurgaon me bahut rates increased hai and chacha/Amit Sangwan/Sango life sutras is fooling so many people
Unsubscribe kar do aise chor admi ko
Koi bhi Amit Sango ke chakkar me na fase
Very true
That's true. Mjhe wo bhudha pagal lgta h
Wo sochta h jese patanjali wale ne coca cola zeher h bol kr prachar kiya tha aise hi wo gurgoan k rate badhega..sala 16×2=8 h apne log 2016 se ptri sdko pr bethe h dusro ko gyan de rha h..
Haan yar woh Family money ke naam par bewakoof bna rha hau logon ko
Thanks and lot Dr. Madan. Your video has reached to us well on time. We were just planning to deal with them. Now we will not even think of associating with such a dishonest builder in any mannner.
Really sad to listen to your story. This is a normal practice by agents to say that the miney gets refubded by the builder but you said the truth. It is difficult to fight with them. The time and effort it will take is frustrating and eventually you withdraw. But the truth is in front of everyone now. Thank you for sharing.
Thanks for making people aware.
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Amit Sangwan/ Sango Life hmm that guy is a good salesman 😂
Valuable efforts by krishna sir.
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Thank you sir ..aaj now i understood never be in a hurry ..jo likha hai whi vishwas kare ..
Thanks alot sir for sharing the valuable knowledge.
Amit Sangwan is no. 1 Fraud broker of Gurgaon he involves in many illegall practices with builders to get huge commissions and making false promises with customers. So avoid this type of people otherwise you will get regret in Future like this Uncle is Regretting now.
He gives only 10 minutes to explain any project and want us to deposit amount, itni der me to koi sabji bhi nahi kharidta
Thanks for sharing sir, an eye opener
Thanks Dr. Sahab share your experiences
Sir the research and groundwork you did after booking should have done before. Never ever trust builder or his agent (like sangwan) they are all there to make money at your expense. Lootne baithe hain. Sangwan ji koi mahan sadhu nhi hain inspite of what he claims ek average (Chor) real estate agent hi hain...
Boycott Signature Gobal
Thnx sir you saved my money as I was in process of booking a flat
Helpful for so many clients , Never ever work with such brokers and unknown projects or new !
Total scam is going on and everybody wants to earn no matter it's legal or illegal.
Better to find a good broker , Try n invest in builder floors instead of appartments
Thank you for sharing your story and exposing the scam, Dr Madan.
Gurgaon property builders are not reliable and partly responsible for the inflated rates.
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Amit sangwan is like..lelo property asap kuch nhi le paoge baad m, emergency fund jaruri nhi hota, mutual funds bekar hote h, he becomes family advisor, financial advisor , doctor, engineer anything on daily basis
U forgot vastu and divorcé counsellor
All his roads end on the door of an under-construction flat in Gurgaon. :)
He creates a fomo of not buying house. My grandfather bought a house of 20000 in 1960 , now it is 2 crores , aaj bhi sell ho sakta hai, 30 saal baad 20 crore ka hua to bhi le payenge log, everything will grow not only property
Sango claims he's around 45 in age😁
yeh amit sangwan aka chacha ka lite-version bhi hain market main (pawan kumar informative) _ saala maha makkar dealer hain _ FOMO create karta hain
Thank You Very Much 🙏🙏🙏.
Great video... !!!! Thanks a lot for saving so many buyers.. !!!!!! Really appreciate.
I hope signature global should refund you immediately with interest. We are with you. Action should be taken against the misguiders
Aap bol rhe ho Modi Ji
@signtureglobal we all are in high alert now!
Thanks for exposing the broker and the company
PLS DONT BUT ANY PROPERTY OF SIGNATURE, they have charged me maintenance charges even without the flat is ready and sending me offer of possession. I have faced issue in SG 92, charged me the maintenance charges for a year(2024-2025) without even getting ready. So MR. PRADEEP AND LALIT ARE ALL FAKE. Pls be mindful before doing business with them, starting facing issue from one month APRIL 24.
Thanks for this , I was going to to book this tomorrow with one lakh rupees but now I will look for some other project
Thanks @Krish, This video and your prompt guidance helped me a lot. Got a response from signature team. Hopeful that I will now get my money back
Thank you Krish with your support, I was able to get my refund :)
@@purujain3130 I just booked a property with them, gave 1 lakh and now I am tensed in case if I need a refund. Could you please guide me how you follow through to get the refund so I can take the same steps? How Gurgaon properties are rising, I am still getting a good deal in 37D.
I am going through the same pain as you are going at the moment. After 1 month they have asked me to submit documents for a refund. After seeing your video, I am not that hopeful but will surely go through this process and fight for my money.
No, PLEASE DON'T go through the process that the builder wants you to go through. It is usually a trap, because they make you sign surrender evidentiary documents and submit affidavits etc which means you will be renouncing your claim on the property WITHOUT getting your refund. Please Whatsapp me on 8169471229, and let us discuss how to get your refund through proper correspondence.
App akele Nahi hai when i went to do the BBA i found that ever investor who booked either in affordable or in every one of their project all of them had only regret for booking with signature thanks for making this video
We are with you dr. sahab
this has become a new trend... these builders are scamming this money we support you Sir, in any situation
Signature global and many builders like them have adverse terms conditions in their application which they make the buyer fill at the last minute typically in the evening when the buyer comes to give initial token payment. It is a psychological trap to make unaware buyer continue with the purchase.
Check with a RERA lawyer , I think you can get back the refund as RERA recognises builder buyer agreement only and merely filling an application form does not bind the buyer to continue with the purchase.
God help Gurgaon if signature global is doing like this
Even I am facing similar issue with Runwal Gardens Dombivili... CRM neither responding for cancellation acknowledgement nor sharing Runwal group cancelation and refund policy document. Just asking to go back to the sales team who says the token/booking amount is forfeited. Any help on this will be really appreciated.
Amit sangwan is just another dealer but in different form
But all their other projects are in full swing. All the affordable houses for eg. and quality good too.
I appreciate you for exposing this builder - dealer nexus, so that no innocent person get cheated in future. Kindly take legal action to get your booking amount back.
Thanks for bringing this out , Krishna Rao ji and Dr. Madan. I am in a similar position with M3M , Gurugram builder. Builder took pre-rera booking amount which itself is legal non-compliance. When I asked for refund, builder is asking me to sign a contract for allotment post rera. My intuition says that my legal position will become weaker if I sign another document post rera.
You intuition is correct. These documents are usually designed to weaken you in case you go to court. Call me after 3 pm to discuss your case. My nos are 9821588114 and 8169471229.
An eye opener
For new launches
Rera should intervene in such cases
Do Not sign any document, And M3M Can not take your money without your confirmation. U can withdraw ur EOI Money Just ASK UR BROKER
M3M is now going through a roller coaster ride….. always try to stay away from such company…. Specially in under construction projects
This is story of many first time home buyers. Signature Global has been doing this with so many buyers. I know a person first hand whose 1.2lakh was forfeited in similar fashion by signature Global.
Amit S be like - Arre ye to dhoti khol raha hai 😂😂
More power to you!! Rip these thieves off!
I also had faced similar situation with Signature Global with one of their projects with "Retain or Refuse" offer for a particular period. I had transferred one lakh believing what was tbe offer for the flat. But later i found, tbey backed out for one of the furnished apartment offer. I sent them email to refund my one lakh within the mentioned period as tbey backed out of tbe offer.
I thought Signature Global's image is good and they will instantly refund my amount to my account as i had opted for Refuse. Never got suitable response from tbe Cc and management and the directors even.
It took me 4-5 months to get back the amount which should have taken 4-5 minutes as everything was done in tbe mentioned period by them.
Then i decided not to ever invest in any of Signature Global project ever. Whatever is showed about a company or management is not always right.
Even Tata and Godrej are the same type of crooks. Don't fall gor their so-called good reputation.
Gurgaon real state me cha-cha Jaise log bhut hai. Stay alert .thanks for sharing.
Raise on various FB channels like gurugrammers and other famous channels.
Builders will be builders.... We common people should be extremely careful and firm while dealing with them... Govt should ban selling until OC is granted to project... This is govt law failure
We should go to Consumer forum.
One of representative of Signature Global discussing about a commercial properties in Sec 92 with me, now if he will call me again then I will share the link of this Video to him.....and will say BIG NO...
I've canceled my meeting with a broker tomorrow for Sig Global Sector 92 Phase 2, thanks fir sharing.
Hope you hadn't paid any token amount to signature ...else you will be in same cycle as most of us here
This is just 1 lac. People in gurgaon lossing lakhs of rs. monthly due to fraud builders. Almost 1500 buyers stuck with Mahira homes each 25 lacs rs
I have doubts on Tathastu as well.
What do u mean just one Lac , even one rupees of any ones hard earned money should be refunded with respect.
These days even Government officials are supporting these builders by ignoring their illegal acts.
The best options to buy property is:
1) Any NBCC project, under the supervision of Supreme court or any Government scheme project like DDA or Affordable housing in case you are looking for under construction.
2) Buy only and only a ready to move project if you are going to a private builder.
SIGNATURE GLOBAL SBSE JYADA AFFORDABLE BNA RHI H...
Never Go in booking flats.
Go for resale. You pay little price more. But the advantages are many.
Location/Floor/hassle free/ documentation etc.
I just purchased suncity project 6 months back in resale.
i already know amit sagwan is a chor and he just to earn money
@Dr. Subhash,
Generally, brokers wouldn't help you with this. You are in the right hands making the right communication with SG.
It's important to note that the regulations and judgments of the Real Estate Regulatory Authority (RERA) vary from state to state. Therefore, it is advisable to avoid referencing MAHA RERA in your case since HRERA has its own set of rules and judgments. It would be more beneficial to build your words based on the specific provisions of HRERA.
You would surely get your money back. But it could take a quarter or so. You are not alone here facing similar issue. Its just that you came out to speak about it. Kudos to you."
Sir the point is why the brokers don’t tell the truth on how many units have been sold. Every project is sold like there are no units available and this is what has happened here also. RERA is a toothless tiger. Why such information is not available to the buyer so that he is not misled and is not in hurry to buy a unit
@@divanshk The point is why are you expecting truth from brokers? Get yourself educated before investing anywhere. On HRERA or say any RERA, units sold/available are updated quarterly. Follow that information and make an informed decision.
@@HarekrishnaDixit Didn't expect such a blunt reply from a RE broker like you (in context the first line you wrote in above reply). Is it not the moral responsiblity of brokers towards their client to aware them about such practices of builder?
Seems all brokers are there just to take hefty commissions from builders and just fooling out their clients.
Sorry to say, but your reply also shows how you would handle such a situation if you were in place of Mr. Sangwan.
@@ajnaagarnaagar7324 I interact a lot with the brokers on a daily basis they all are like this only. You took it wrong, I am not a broker. They don't have moral ethics. Now the point is, as a buyer what we can do on our side. That's what I focus on. This is how I educate the public.
@@HarekrishnaDixit Alright, I thought you are a broker as you also own a similar RE YT channel. Thanks for clearing your stand on this.
Really disappointed as I got to know about this reality today, even the guy claiming being no. 1 clarity giver is unable to provide real clarity to clients.
I think you have a decent YT channel and you must provide "real clarity" to buyers via the same about this situation today as you interact with brokers until the self claimed clarity giver comes upfront and clears his stand on this.
Thanks.
Good one...this builder needs to be exposed..their brochure during launch time shows many amenities, roads connectivity but in reality nothing is seen. All bogus.
Thanks sir , I got my money back within 30 days of payment with the help of your guidance
how did you get it?
Really sad to see this old man going through all this
Old or young why should any one go through this, even small shop has refund policy. And if its non refundable it must be clearly mentioned that the booking amount is non refundable simple.
@@rajsharma-eh8qd yes agreed 👍
He is a real estate broker & infuencer. He is only money making machine. Influening & Fooling the People to buy Particular real estate developer Property
I paid an Eoi for a godrej project in gurugram through Mr Amit. I didn’t go on go buy and got the whole amount back within 30 Days. Not all builders are fraud. We as consumers are responsible for our money and no one else.
Hi sir did you get the money or it is still pending
❤
Amit sagwan looks itself fraud
Don't invest in this project. I also invested in SG Park 5. They promised they will give my unit by Dec 2022. But I visited recently, Still construction in process and also they are asking to pay maintainance charges from April 2023. Already they are 6 month behind and asking for maintenance charges for under construction unit
This is really scary maintenance even before possession for a under construction project ? wow that is new
Learning : till the time you are not sure about the project and have sufficient money.. Do not give any cheque to anyone.. Be it anyone
I am READING A book named raccteer by Jhon grisham. Injustice is Injustice that's all
What is the updated status, did he got the refund ?
Gurgaon property rate increases unusual and going out of reach from normal earrings people’s.
Then go settle in noida
Going through the same process and it's so exhausting! They are asking for so many documents and affidavits to get the refund.
signature global refunded my affordable housing check after 1 year of draw..and that too i had to take leave and collect from their ofc
Can you tell me the exact details that you went through?
I'm also going through same, and wanting refund for sector 37 D II
Main aj hi apni wife se keh raha tha ki yaar ek flat khareed lete hai and we were considering signature global. But looking at this video. No sir , i am gonna hold off on buying a flat and gather more corpus and go with a better builder
Can he file a complaint in RERA/court?....any suggestions pls
This is the reason why people should not buy or invest in such projects ! Better to buy builder floors , ultimately you get the return well !
Sad to see that these fraud multi billionaires are not sparing even senior citizen who try have one home in stage of retirement.
Shocked to find Mr. Amit Sangwan's name in this deal/case
Our experience has been good in dealing through Amit Sangwan team for SG 93 project
Shocked to hear this about Amit sangwan
Please consult a lawyer n give them a notice through the lawyer .
lawyer is also going to fleece gullible people and spend more than lakh
easy to say but impractical to pay lawyer fees >1Lac
File a case on broker also
Complaint in RERA ... although do not expect too much..
Good sir,ye dono taraf se batting karta hai
This is utterly shocking to hear !!! So even HRERA is a toothless tiger.....
Very sad to hear this
@krishnaraj Rao sir i have been a recent victim of fraud by signature global sales team, they have offered me a channel patner discount of 6 lakh 40 thousand on thier official email id and now saying your discount will not be paid as thier is clash with some other broker which i visited earlier for some other project of signature global and now they will not pay me my discount what could be done in this case?
Dear uncle...plz keep your morale high and take these bulls by horn...set example which would encourage other cheated PPL also to fight for themselves
ताऊ जी , No 1
Is No 1
बच के रहो।
😢😅
Krish, could you possibly (albeit legally) retag and retitle this video so that it shows up prominently for all users and blind believers of the content creator in question?
Actually, I don't want to make special efforts to go after him. Let people figure out where the truth lies.
@@KrishnarajRaoUrbanNaxal you are hiding the truth yourself. Why don’t you mention haryana rera’s position on forfeiting booking amount after allotment?
@@KrishnarajRaoUrbanNaxal title is misleading. He didn’t loose money. It’s forfeited for cancelling booking post allotment.
@@sd51847 You mean to say every state RERA can have a different position? Can Haryana RERA have a position that is different from the Supreme Court's judgement? Because that's what Maharashtra RERA's position is based on -- a Supreme Court judgement.
@@sd51847 You say he didn't lose money, means he still has it? Is it like a new credit card, where he can pay for goods with a new Signature Global card swipe? Of course he lost the money.
As for "forfeited", from where does the company derive the right or authority to "forfeit" i.e. confiscate his amount, WITHOUT the existence of a contractual binding between them? No agreement means no contract was broken by the doctor. So, forfeiture is for what exactly?
#AmitSangwan sir there is a big allegation on you... kindly clarify.
Bhai yeh Banda mujhe starting sai he Fraud lagta hai. Eski apni baate Builder kai liye conflict h jati hai. GLS ko etna promate kiya aur etna bekkar haal h uskai delivered project mai
why is he been treated here as a celebrity? yeh banda Astrologer , real estate broker , clearity giver, social worker , tax advisor , marriage counselor, stocks and Mutual fund advisor aur pata nahi kya kya samjh reha hai apne aap jo Jack of all trade master of non , Just a sick person nothing else. Thode din main food blogger bhi ban jaye ga
Same thing has happened with me
Kya chindi company hai , with respect to the level of transaction they are dealing in 1 lac is like peanuts for them . Why would they harrass retirees like this for such a small amount. Wo ghar koi na koi khareed hi lega its not like their money is lost. Shameful.
amit sangwan (chacha) _ iska lite-version bhi hain market main (pawan kumar informative) _ saale dono makkar dealer hain _ FOMO create karte hain _ bhole bhale ghar kharidaron ko 1 rupee ka maal(10% discount batakar 90 paise ka bechte hain) _ jiski value hi 65 paise hoti hain. In makkar dealeron ne poora market ka mahol kharaab kar rakha hain 😡
The Crux of the matter is: Never fall for this trap of "hurry up or lose a great unit". Nowadays Token is in fashion as well. In fact, never go for a site visit before groundwork. With all due respect sir, whatever research you were doing post all this incident (visiting past projects of builder, check quality, gather existing customer feedback etc), I think that's where things should have started,
I have lost 2 lakh 5 thousand in year 2019 no builder buyer agreement signed. Bogus company plz share me where to file complaint
Sir have you got your refund back or still fighting with these cheats ?
Truly - I Booked in October 2023 one flat in sector 79B in Gurgaon, some reason i canceled this in feb 2024, after some follow-up my booking amount return in 90 days 1L
Your number plz
God save from amit sangwan
Amit Sangwan is higly mis leading the buyer
Never enter an under construction flat as ur money is at risk with builders. They r waiting for such buyers to trap them. Hence go for a resale flat.
For 1 lakh this is going to ruin there whole real estate business in gurugram which is so sensitive. In modern real estate market in India they are so many laws to protect consumers money from the developer.
This video will only be viral with NRI forum, domestic consumers and also the current buyers and it will soon affect there business.
It is better they refund it asap. Not worth it troubling an senior citizen/doctor for 1 lakh rupees 👎
Mr. Amit sangwan ne kya reply diya aapko, kya inability batai
Signature global was not cheated it is cheated by influencer Amit.
Its all done by Signature globle....If you don't know the reality....you should not comment.....
what nonsense , Money is been received by signature in their ESROW account and they have to refund it as the the buyer is not interested in their project any more, Agent is the one who committed that the money is refundable so he must involve and get the money paid to the customer simple as that. during the booking the agent was at the front seat now for refund he must take the lead and solve the issue.
First of all everyone should unsubscribe sangwan channel and live peacefully. Otherwise, he will make you buy every real estate oof Gurgaon - good or bad.
What is cost of real estate in gurgaon? Why so costly?
Ye Agarwal saare fraudster hote hai
What’s so sad to see is that educated and experienced people like sir in this video end up falling in trap. Feel sorry for you. One thing to lean from Sango type people is that we need to have awareness about all the aspects of life. Ki aapko astrology, real estate, nutrition, lifestyle ki itni knowledge Joni chiye ki koi chutiya na bna sake. Cash is king and as consumers we are most powerful but our lack of self confidence makes us feel inferior and take stupid decisions. To all the youth- learn and become a warrior, we are on our own and nobody will help us.