Please beware of Dreamz Infra builder in Bangalore.
They also pose themselves as Dreamz Gk. Lot of people have either lost money or their money is blocked. They have no top level management. No credible people.
=======================
Neither their CEO, nor Sachin Naik are known in any circles. Further like any other companies none of the public and private bank has ever provided any loan to this company, for operating or any other purposes. So effectively they have never verified themselves. Don't risk your capital with them. Its complete cheat. They can run anytime, they have no real assets, they have bank guarantees.
They also pose themselves as Dreamz Gk. Lot of people have either lost money or their money is blocked. They have no top level management. No credible people.
=======================
Neither their CEO, nor Sachin Naik are known in any circles. Further like any other companies none of the public and private bank has ever provided any loan to this company, for operating or any other purposes. So effectively they have never verified themselves. Don't risk your capital with them. Its complete cheat. They can run anytime, they have no real assets, they have bank guarantees.
quarefoot properties are real home makers
SQUAREFOOT PROPERTIES - Thieves, Cheats, Frauds
DREAMZ INFRA is another name of squarefoot properties.
Goondas - Squarefoot Properties / Dreamz infra.
Thieves, Cheats, Frauds, Killer - Squarefoot Properties / Dreamz infra.
The Squarefoot Properties / Dreamz infra is a BROKER.
They will book one flat to MULTIPLE persons.
One dump who pays highest at end will get the flat.
Sometimes they sell single flat to MULTIPLE people too with FAKE papers.
They will RUN like a DOG for getting your booking money.
Once your cheque is cleared, they will AVOID you and search for another booking the same flat.
They will CHEAT you.
I booked a flat in Dreamz Infra.
They have taken 12 lacs rupees as booking amount.
TWELVE LAKH RUPEES - I have paid.
Can you think how many days savings will make TWELVE LAKHS rupees?
I took 10 years to make this money. But these FRAUDS took it at a single instant.
I have paid them in July, but no refund so far.
I have lost my MENTAL stability and so I have lost my JOB too.
I am writing this to make aware all the People NOT to get trap with such squarefoot properties.
I am SURE that someone will surely comment good thing on my review,
bcz they have HIRED excellent guys only for putting good reviews on internet.
Because of many bad reviews over mouthshut.com, they have DELETED that thread.
==============================================================================
DREAMZ INFRA is another name of squarefoot properties.
Goondas - Squarefoot Properties / Dreamz infra.
Thieves, Cheats, Frauds, Killer - Squarefoot Properties / Dreamz infra.
The Squarefoot Properties / Dreamz infra is a BROKER.
They will book one flat to MULTIPLE persons.
One dump who pays highest at end will get the flat.
Sometimes they sell single flat to MULTIPLE people too with FAKE papers.
They will RUN like a DOG for getting your booking money.
Once your cheque is cleared, they will AVOID you and search for another booking the same flat.
They will CHEAT you.
I booked a flat in Dreamz Infra.
They have taken 12 lacs rupees as booking amount.
TWELVE LAKH RUPEES - I have paid.
Can you think how many days savings will make TWELVE LAKHS rupees?
I took 10 years to make this money. But these FRAUDS took it at a single instant.
I have paid them in July, but no refund so far.
I have lost my MENTAL stability and so I have lost my JOB too.
I am writing this to make aware all the People NOT to get trap with such squarefoot properties.
I am SURE that someone will surely comment good thing on my review,
bcz they have HIRED excellent guys only for putting good reviews on internet.
Because of many bad reviews over mouthshut.com, they have DELETED that thread.
==============================================================================
Dreamz Infra are 100% fraud
Dear All,
Beware of Dreamz GK Infra company since they are big Frauds and cheating innocent people like Software Engineers, etc. It is is into Real Estate and selling Flats at very low price in Bangalore. They have earlier cheated many people to the tune of crores of rupees. They take advance 25% to 100% depending on the Bakra they find. Once you pay they will never get back to you.
When you step into their office they will try to impress you by offering free snacks, dry fruits, soft drinks etc... They also take you to a site in posh Taxi. They will run behind you till you pay the advance and after that they vanish.
Don't get fooled by these people. Earlier they had company named Squarefoot properties which they closed down after cheating many people. Very soon they will close Dreamz Infra as well and run away.
Be Alert and never ever fall in their trap even if they offer you at dirt cheap price. If they keep on following you report to the Police.
Many complaints with the Police have already been registered against this company and they are going to run away very soon.
They are posting good reviews/comments all over the Internet and have hired men for it. They have even opened a website names dreaminfrareviews.in for fooling/misleading people by good reviews.
Dont waste your time and hard earned money. Go for a well known builder who has completed successful projects earlier and never goto Dreamz Infra.
Beware of Dreamz GK Infra company since they are big Frauds and cheating innocent people like Software Engineers, etc. It is is into Real Estate and selling Flats at very low price in Bangalore. They have earlier cheated many people to the tune of crores of rupees. They take advance 25% to 100% depending on the Bakra they find. Once you pay they will never get back to you.
When you step into their office they will try to impress you by offering free snacks, dry fruits, soft drinks etc... They also take you to a site in posh Taxi. They will run behind you till you pay the advance and after that they vanish.
Don't get fooled by these people. Earlier they had company named Squarefoot properties which they closed down after cheating many people. Very soon they will close Dreamz Infra as well and run away.
Be Alert and never ever fall in their trap even if they offer you at dirt cheap price. If they keep on following you report to the Police.
Many complaints with the Police have already been registered against this company and they are going to run away very soon.
They are posting good reviews/comments all over the Internet and have hired men for it. They have even opened a website names dreaminfrareviews.in for fooling/misleading people by good reviews.
Dont waste your time and hard earned money. Go for a well known builder who has completed successful projects earlier and never goto Dreamz Infra.
Dreamz Infra is Fraud
MR sachin naik MD of dreamz infra. He has even changed his name. he had company called squarefoot properties. then he closed it its now called dreamz gk infra india pvt ltd. he is also starting company called master mind properties. His girl frnd Disha a kannada actress is 65 % stake holder in the company.he keeps hiring employees make them work for 2 months and fire them without salary. he sells appartment to customers where he wouldnt have even bought the land. nothing is his own. he makes fraud money from customer with 18 months of construction period . he doesnt own any land. he has criminal record against his real name in australia as well.
Friends and my dear fools,
ReplyDeletewe visited their fair yesterday, most of their employees are temp hire, lot of hype... we started probing about security of our payment what we got is round about answers. Then these guys are cheating no doubt and unfortunately they dont know how to cheat also, they dont even have proper building plans, what ever they are showing is a plan without any sign approvals and signatures.
The sales guys dont know what is Floor plan and plan for amenities, they are saying Swimming pool is hidden under basement, so not visible in plan :-) and
FUNNIEST THING...
Sales Executive is not ready to tell the name of the owner or top management...I am leaving it you frnds dont waste money and mental peace.
Police Complaint registered on you and people spreading false rumours on Dreamz Infra
DeletePOLICE FIR COPY and Lawyer Notice is attached
here
Hello DreamzInfra,
DeletePolice complaint filed on Dreamz Infra GK for Cheating the customers by giving false commitments, in HSR layout police station.
I am challenging you to furnish a complaint against me.. I am a customer of Dreamz Sahavaz paid an amount of 2,75 0000 last year feb and upon believing their sales person(jaynarayan and santhosh was that time, now numerous people came in and gone out) and the commitment they have done for delivering the home by this year mid.. I will tell you seriously guys till this time they haven't started anything on the site other than digging the ground.. Can Dream z personal reply for this? nothing has been done till date and they are assuring the flat to be ready by mid of this year if they fail to do so they are responsible for providing monthly rent as penalty...how its is possible.. they cant keep the word what they have given when they sold the flat.. MOU is done Sales agreement is done, nothing after that, no improvement in work.. so finally i was told that i will be getting a reply on Feb 2014 end i mean the CRM(Richa Sing) told me that they will be getting approval by feb end and starting the work on March 1st week. nothing all false promises. So i decided to take back my money. Thanks for cheating on me on my hardly earned money...
DeleteIf you people have been cheated by these company Dreamz Infra, Send my gift, TGS Layouts then inform to CBI. It is better option
DeleteThank you all for your suggestions.. Why am I Thank you..? Because I was about to commit mistake as all have done before.. Just yesterday I visited their office and saw how employees were busy in attending the customers. By seeing that I was kind of carried away. The senior people will try to answer all your doubts and offer you such a way that people like me will definitely believe them. I was almost got jacked by them. Luckily I told that I want some time to think and called my family who was at home.. They asked me to come home and do some research on the builders.
ReplyDeleteImagine what all offers I had got
1) 1300 Sqt flat for 32 lakhs that to in Konanakunte cross. (they say its upcoming project)
2) 4 to 6 lakhs worth of furniture free that is its fully furnished house ( inclues 42 inch TVand home theater)
3) they will help us get the bank loand even if we have issues with CIBIL ratings..
By all these talks I was kind of seriously started Dreaming.. Lucky me.. I cam home and did some home work on them.. Then i decided not to go with them..
Thank you all for saving me..
Police Complaint registered on you and people spreading false rumours on Dreamz Infra
DeletePOLICE FIR COPY and Lawyer Notice is attached
here
Hello DreamzInfra,
DeletePolice complaint filed on you ( Dreamz Infra GK) for Cheating the customers by giving false commitments, in HSR layout police station.
This comment has been removed by the author.
ReplyDeletehello ...
ReplyDeletei had a very bad experience with them.I thought i lost my 2laks which i invested in "SaiSangam" project which was located at Kanakpura. I had doubt when i was following-up them for registration. they give a phone number of their "lawer" (??) to followup for registration. i had called them so many times and never got any proper update. When i called their help desk to check the status of "SaiSangam" project, they given me a shock !! help line people ( their beautiful ladies at reception) told that, the project "saisangam" is no longer exists and dropped by Dreamz !! I just blasted on them for not informing the same and given strong warning to pay back my money. I think its my luck... i got my money back. I have recorded their telephone conversation and i have a video while they are doing their level best to cheat the people.
Nagendra.0011@gmail.com
Police Complaint registered on you and people spreading false rumours on Dreamz Infra
DeletePOLICE FIR COPY and Lawyer Notice is attached
here
Hello DreamzInfra,
DeletePolice complaint filed on you ( Dreamz Infra GK) for Cheating the customers by giving false commitments, in HSR layout police station.
Guys absolutely beaware of real state frauds.Just go through the below link http://harshasagar.com/2012/05/05/idiscuss-dreamz-gk-infrastructure-projects/ .Very bad they cheat the middle class ppl . Wonder hw they r escaping from the law
ReplyDeleteThanks Friends, I too was told they have not completed a single project. Sitting on peoples money and laying eggs.
ReplyDeletePolice Complaint registered on you and people spreading false rumours on Dreamz Infra
DeletePOLICE FIR COPY and Lawyer Notice is attached
here
Hello DreamzInfra,
DeletePolice complaint filed on you ( Dreamz Infra GK) for Cheating the customers by giving false commitments, in HSR layout police station.
Police Complaint registered on you and people spreading false rumours on Dreamz Infra
ReplyDeletePOLICE FIR COPY and Lawyer Notice is attached
here
Hello DreamzInfra,
DeletePolice complaint filed on you ( Dreamz Infra GK) for Cheating the customers by giving false commitments, in HSR layout police station.
Dear Dreamz,
ReplyDeleteWhat will happen with your police complaint? is police going to arrest all the people who are cheated by you ? Tell me the story about SaiSangam Kanakpura project ? Are you not cheated me ? You kept my money with you almost more than one year with out any update. You destroyed all my hopes. Lets police come in to the picture. I will explain them how you tried to cheat me. Common man can not fight legally with you. At least let them to share their views here. All are aware how many complaints are registered on Squarefoot and the relation between Squarefoot and Dreamzinfra. Try to gain some confidence from your customers by starting and completing the projects which you have committed. You should be ASHAMED.
If you people have been cheated by these company Dreamz Infra, Send my gift, TGS Layouts then inform to CBI. It is better option
DeleteHi Guys,
ReplyDeleteI see there is a lot of negetive vibe around, but the point is talking bad is easy but to actually experience anything and speaking about it makes more sense, isn't it!
It hurts seeing so much of negetive talks, i'm sort of dissapointed because it actually hampers the online media as well... there is a difference between mistakes and cheating, mistakes everyone make no one is perfect but to rectify it and to come up clean is what matters.
Writing is not my forte rather how many people would actually sit and type so much either, I'm just an common man who would like to have trhe online media clean and much more informative with real information which would help people, I feel I have invested so much of time here writing a comment, its only for the agression & sentiments of an eager reader/blogger.
Copy pasting comments here and there is just not what a true blogger does.
I'm not an amidst blogger, but today i feel like writing to convey myself clear.
Dreamz as an company, initially when i had seen their ads in newspaper, frankly speaking i was tempted initially seeing the pricing but again had a doubt as well. After a few cross checks online as well as by friends. Still i did not have a clear picture whether to go ahead, because owing an dream home in Bangalore is what i had always dream't about, with all the hard earn money every step should be taken swiftly. But as a commercial ad says " whats there in asking".
I made my mind and headed towards there office to get all the info. I feel i was pretty much acquainted by all there information provided for the projects.
As per my fellow blogger above has mentioned even i had registered for sai sangam kanakpura project.
But almost a year there was no update and even i was not in town to get any further info, i was worried but i had a thin line of trust left as my hard earned money would not go in vain.
Soon dreamz had reallocated Sangam project and everything was smooth again. to update further the initial construction has also commenced.
The point is construction business takes time, when we know that we are going for a pre launch, it needs a time of completion isn't it. Definitely if you opt for ready flats you pay and get in isn't it.
Brands don't come up over night, they work hard strive to get better and establish them. this company has also finished 2 successful years, which itself speaks for themselves.
Point 1) ***the point is talking bad is easy but to actually experience anything and speaking about it makes more sense, isn't it!***
DeleteAnswer 1) U mean, that i am taking (bad) easily with out having any experience ?? Read my previous post again. U will know my experience.
Point 2) ***there is a difference between mistakes and cheating, mistakes everyone make no one is perfect but to rectify it and to come up clean is what matters ***
Answer 2) Mistakes shoud happen once or twice, not always. if you are doing mistakes intentionally and trying to show it like a perfect "mistake" is differently cheating. Exactly this is happening with Dreamz
Point 3) ***its only for the agression & sentiments of an eager reader/blogger ***
Answer 3) It seems you are thinking that, its only about money !! You (Dreamz) failed at their promiss.Not only fail, it was a perfect cheating. ( if i wont ask about the status, they never come back) For Dreamz, its just a money. But you (Dreamz) never bother, how its effects.
Point 4) ***Copy pasting comments here and there is just not what a true blogger does ***
Answer 4) Search with the sentence "Dreamz infra revew" in google. Google shows the blogs at first two pages. All are opened by Dreamz with the title "Dreamz infra revew".All the blogs (opened by Dreamz) are full of positive reviews and you can not add any more comments in these blogs. Your (Dreamz) logic is, if any one search for "dreamz infra review" they get maximum positive posts, which are created (spammed) by Dreamz infra. So, is Dreamz infra true blogger in this case ??
Point 4) ***I'm not an amidst blogger, but today i feel like writing to convey myself clear ***
Answer 4) This is the one of notorious activities from DReamz !! You (ANUPAM BISWAS) are from Dreamz infra. And you are trying to give some explanation to my post.
Point 5) ***Dreamz as an company ......provided for the projects ***
Answer 5) This is generic way of blogging by Dreamz Infra team. We can find such style of typo in all the dreamz blogs.
Point 6) ***As per my fellow blogger ......construction has also commenced ***
Answer 6) Do not try to give such excuses. You (ANUPAM BISWAS and Dreamz) can not tell each story for each project which you proposed. I had experienced with SaiSangam. Who knows, how many already been stopped\cancelled\blocked. You never update any one of your customer until they chase you.
Point 7) ***The point is construction business takes time, when we know that we are going for a pre launch, it needs a time of completion isn't it ***
Answer 7) Really?? how much time it takes ? could you give proper estimation time for starting construction of any one of your project ? ; Dreamz announced lot many dates and postponing those dates continuously. All are aware of this. What do u mean by pre-launch offer ? as per my knowledge, when builder is ready to start construction with all the legal documents, he will announce for pre-launch offer. But, Dreamz have another definition. As per them, they select one land and start giving advertisement for pre-launch with out any documents. Which is against to law.
Point 8) ***Brands does not comeup over night**
Answer 8) Who told that, Dreamz Infra is a brand !!
Point 9) ***this company has also finished 2 successful years, which itself speaks for themselves****
Answer 9) How many successful years completed by "Squarefoot" ? Where is "Squarefoot" now ? Add Squarefoot experience also for DreamzInfra ( Squarefoot and Dreamz both are same). Dreamz will get total 4 successful years. Why you ( ANUPAM BISWAS) are telling its just have 2 years experience ?
Who cares if it have 4 years or 2 years successful years? What Dreamz is doing from 2 successful years other than collecting money. Is Dreamz do not have funds to start any one project which they anounced ?
I am again requesting you......Start construction of your projects. Be fair with your customers. You need to give such explanations as above.
Hi,, i am Ram, crime reporter from a reputed kannada news channel.. i was going through this site as one of my friend suggested me to check.. after seeing somany complaints i would like make it a big issue and awareness among the people who wish to buy the site or flat.. if u r interested kindly provide us the documents like check bounce receipt, reversal statement by the bank and booking certificate issued by the company.. kindly mail me to my mail id "ramygs@gmail.com". and dont hesitate to call me at 9980300112.. i assure u, we dont revel ur name or identity for the security reason.. Thank u....
DeleteQuestion to dreamz gk, your fir copy doesn't even have the Bangalore police letter head?
ReplyDeleteThanks...Guys !!!!!Yesterday I visited their office...they made everything there to impress...i got a luxuary trip to view their apartment near Silk board...The manager was pushing me to pay 1 lakh check and get in to a contract the same day itself(11 Am I visited the office, evening 6 he is pushing to get in to contract !!!!). So i understood something mysterious with Company...I told him, I will be back today after doing thorough check in the medai and with my friends....Thanks God...I saved my 1 lakh rupees...
ReplyDeleteHello Salim...
DeleteNot only 1 lakh rupees, you saved your valuable time and you are free now from Dreamz Infra torture. Just check the below posts. There are pure junks which are posting by Dreamz Infra. We can easely understand the Dreamz Infra ethics and standards here.
HDFC BANK and ICICI Bank – Black to White Scam – Cobra Post. Profitable for Analyse India
ReplyDeleteby Nooresh on March 14, 2013 12:21 pm
Hi,
This morning saw a couple of scary bbm messages in the morning as below.
Short Axis Bank, ICICI Bank and HDFC Bank
Cobrapost’s Shocking Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket – See more at: http://cobrapost.com/index.php/index.php/index.php/search#sthash.emarfKGI.dpu
Alert: Cobra Post guys is the one who started Theleka and exposed the Defense scam during NDA Govt. Keep watch on Axis Bank, ICICI Bank as they are on the list today for money laundering, RBI rules violation which will lead to cancellation of licenses or huge penalties if proved.. Documents on Cobrapost website were you can type bank name in search
Alert: Media stationed at Cobra post media conference.
These messages came to me around 9.15 to 9.30 am.
A hour or so later CNBC covered it on their channel. This is the link to their report on moneycontrol – http://www.moneycontrol.com/news/business/hdfc-bank-icici-axis-accusedmoney-laundering_838197.html#toptag
This led to a quick drop in Nifty futures from 5860-5870 to 5805 levels testing important technical levels on Nifty hourly charts and panic reaction creating a superb risk-reward opportunity for clients at Analyse India
Following are the messages sent to clients in our schemes with the timestamps .
QuickGains Premium
meraninooresh (14-03-2013 10:00:13): Buy NIFTY futures at 5805-5810 stoploss 5780 targets 5880-5890
Analyse Intra
Analyse Intraday (14-03-2013 10:03:31): buy nifty at 5805-5815 sl 5790 tg 5850
QuickGains Newsletter ( Pre- Market newsletter )
BUY NIFTY only between 5820-5830 STOPLOSS 5790 on closing basis TARGETS 5880-5900
Detailed chart as below.
Follow up – NIFTY – Newsletter
Book fully at 5875-5880.. Recommended at 5820-5830
Hello Meera Mishra, We know you are from dreamz infra. we checked few of your good reviews for Dreamz also. Why you are posting junks with fake accounts here ?
DeleteThey are biggest frauds in the world. I hv been cheated for 12.0 lacs without any property in their name Shloka 2 in hsr layout. pl do not book any flats with them.
Deleteif any Dreamz infra idiot guys looking at this blog contact me to narrate the story of my issue. I filed criminal n cheating complaint in hsr layout police station to recover my dues. pl call me on 966 396 3094 ivl tell how they cheated me .
Hi..even i havee paid around 10 L for this shloka2 project. dont know what to do now
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Hello Meera Mishra,
DeleteWe know you are from dreamz infra. we checked few of your good reviews for Dreamz also. Why you are posting junks with fake accounts here ?
Thanks guys.........its wonderful and life saver blog..........i am saved today by you guys, i was planing to book a flat in this week......thanks a lot!
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteDEAR ALL
ReplyDeleteLOOKS LIKE DREAMZ IS A CHEAT AND FRAUD.
I WAS ABOUT TO START MY INTERACTIONS WITH THEM FOR A BOOKING BUT CAME ACROSS THIS SITE. SAVED MY HARD EARNED MONEY.
PLEASE NOTE THAT MANY SITES AND BLOGS IN WHICH "FACTS AND TRUTHS" ABOUT THE DREAMZ INFRA HAVE BEEN PUT UP BY MANY GENUINE PEOPLE SEEMS TO HAVE BEEN HIJACKED BY DREAMZ ITSELF EXCEPT FOR FEW LIKE
- this one
- consumercomplaints
- consumerforum
EVEN IN MOUTHSHUT THEY HAVE MANY FALSE POSTINGS COMPLETELY BLOCKING OUT THE TRUTH OR YOU CAN NOT ACCESS THE POSTINGS ITSELF.
DREAMZ IS SUCCESSFUL IN CURTAILING THE "INTERNET FREEDOM" TOO TO SOME EXTENT, YOU CAN IMAGINE WHAT ALL THEY WILL DO IN REAL LIFE
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Hello AYUSHJI and Meera Mishra,,,, you people are proving that Dreamz do not have any business and social ethics. This is not "Complaint Board" to overwrite the originals with your junk.
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i was just planning to book flat.....this week. selling all my gold...and booking the flat. Thanks a lot for saving my life and dream gk torcher
ReplyDeleteI visited their office today & they showed me Shloka in HSR & Sneh in Marathalli behind New Horizon College...Looks like Sneh construction has started with foundation...Few concerns that I got into...
ReplyDelete1) offer was 35Lakhs with 30% payment (which is 11Lakhs), then they offered a discount of 4 Lakhs & came down to 31Lakhs as a weekend offer.
I wonder its a marketing strategy,
2) the flat that I thought would fit my need was shown as 2BHK with 1055 sq.feet in Cost List & Vacancy List, but when I saw the plan layout it was shown as 3 BHK. 3) This company is 3 year old & I see so may medals & awards that they have showcased in their reception..
4) they will help us get the bank loan, but not sure if their is a tie up, cuz they mentioned almost all banks in their list.
5) I see all youngsters & no senior ppl (beyond Age 30). They do have glamour to attract customers. I wonder customer serviceppl are permanent or on contract (no credibility in what they say)
By all these talks I was suprised if I really got a breakthrough and got a good deal.. .. I cam home and did some Google on them.. Then i decided not to go with them..
Hi Sir/Mam
ReplyDeletei was planning to book flat in Dreamz GK, but now am confuse. Please post you comments & valuable suggestions for me to decide.
HI Rajesh,
Deletewhat have you decided?
Hi Guys,
ReplyDeleteBeware of Dreamz GK ( Dreamz Infra India PVT LTD)
I have booked in “Saakar project” paying 30% advance,
They told They will get BBMP approval by Mid of Feb-2014. But till Now no approval. I hope they are simply bluffing.
Who all Booked in ” Saakar project” Need to form one group and collectively we can Legal action on them.
There Terms and condtion in MOU and Sale agreement not in favour of us.
Contact me on gajanan.beml@gmail.com or 8884095445
Thanks,
Gajanan
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good work. I already cancelled my booking
ReplyDeleteHello Sartha,
ReplyDeleteHow much amount did you paid to Dreamz? Project Name? Can you pls share here what is the reason for your cancellation.
-Sanjay
Hi All,
DeleteI am really grateful to each and everyone of you for taking your time and posting your exeperiences here !
I know most of you guys may not believe this ! last night around 7 pm I gave post dated cheque to dreamz Gk with out doing any background check on the builder!! Yeah I kicked myself for that and after reading all these blogs ..thank god ... I cancelled my cheque.
Thanks for saving my life savings !
The project is near hsr layout booking amount 2 lakhs
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Guys... I have paid 1 lakh booking amount for Dreamz sneh.... Any views??
ReplyDeleteI will definitely think before paying next amount.
Pls let me know real bloggers. . .
Hi Rashi,
DeleteEven I had paid 1Lac Rupees booking amount on April 2014.
I have cancelled it and they gave me a 3 month PDC.
The cheque was bounced two times till now.
They literally gave three dates till now but failed to keep their words.
I am still on talk with the Dreamz guys regarding how they will return my money.
If you are interested we can have a chat.
Hi Rashi,
DeleteI have given 3 lacs rupees cheque for booking but not yet cleared. What should I do? Shall I stop the payment?
Thank you all...you guys just saved me and my family!!! Thank you again
ReplyDeleteThanks for all this information friends. Thanks Gajanan also for your advice. Here is my experience:
ReplyDeleteI came to know about this project yesterday, contacted and wow, they had a property fare today itself. .. so lucky I was !!
So far, the customer care executive had given some details about the project, but dint want to discuss anything about the pricing.
Today morning, a cab came to pick me for the office visit. I reached there. And the plan was explained to me.
And that is where I was stumped!
The price offered for a 1055 sq ft. 2BHK was around only 25L, that too if you pay 50% of total cost, the price comes to be only 22L. On top of it, he gave me 10% more discount; thus the price comes to be only 19.8L. That is not an end. The so called director sir also promised me furniture worth 1L free from their side!!
Too good to be true, aint it!
But by now, all the viels have started to unveil. There was a lot of conflicts between what two different salesman told about the project.
Further, the director told me the price at which he had bought that land. 2700 psf. On slight calculation, it was easy to figure out that at price of likes of 19L per flat, the builder is in fact losing in place of booking any profit.
Bottomline: You are lucky to have read this post. I have just saved your hard earned couple of millions. Don't go for Dreamz Infra projects.
Thanks Rupak. Yeah, I also came to know about this builder day before yesterday.
DeleteThere are lot of cheating going on in Bangalore for apartments and free holiday membership...
Beware.. always invest in some known builder and the reputed ones.
Thanks guys..
DeleteYesterday I had booked a flat in Dreamz Sakaar(Horamavu), luckily gave post dated cheque!!
By seeing all ur comments I have blocked the payment ..
This comment has been removed by the author.
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ReplyDeleteHi Every one,
ReplyDeleteMay I know your suggestions about Dreamz Infra Project? because I heard so many good reviews and bad reviews.. On the first day they boarded us to an office and they gave cookies, toys for my kid..
They are more keen on money as my understanding based on their conversation..
Shall I know whether they are fraud or good?
even i am confused. do let me know if you get some info
DeleteThis comment has been removed by the author.
ReplyDeletei dont know whom to trust. there are mixed reviews
ReplyDelete
ReplyDeleteI was about to fall into their trap. I was looking for budget flats in bangalore so i started looking for properties in common floor, magic bricks, india property and many other sites. I contacted dreamz infra/GK because their prices were affordable. I went for site visit and saw many properties. They showed me completed property also which is in sarjapur and silk board. I was interested in their HSR property Dreamz Shloka. They said i have to pay 1 lakh booking amount and then pay 30% within 15 days. I paid 1 lakh and got the sale deed documents xerox. That day i came home and did a google search about dreamz shloka and i was shocked to see that people have booked 2 years back for that property and the construction has still not started. They tell you 2 months buy it can take 2 or three years to start construction. They have insufficient funds. Other big builders like prestiege, shoba, mantri, salarpuria etc have funds so they dont wait until they sell 30% of the flats in pre sale offer so you can trust them and buy. Never buy dreamz shloka because they don't have funds and they fool customers saying that they are waiting for BBMP approval. If you have lot of money and you don't worry about the waiting period then go ahead with dreamz or else buy under construction flat. Never book a pre sale flat in dreamz.
Hi Progzia,
Deletedid they return your 1L money? or given in cheque?
Thank you all for your feedback. How can I get my 1L money back?
ReplyDeletehey Bikash. even i need to get my 2lacs back. the cheque they gave has bounced back. do email me at ikhlaqsmvdu@gmail.com and ill inbox my contact number to you. we can speak
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Dreamzinfra sendmygift or SMG squarefootproperties tgslayout are same company - Completely fraud -Cheater
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteIndeed a fraud company. Please do not risk your capital. I too have the similar experience.
ReplyDeleteIndeed a fraud company. Please do not risk your capital. I too have the similar experience.
ReplyDeletethey r goondas. with gang, they colect miney and u dont get your flat . when u go to ask money they have goondas gang in back office. my god it was so terrible experience. please i request all not to book nay flat with dreams infra.
ReplyDeleteHi All Investors in Dreamz Infra, I too am one who has lost my hard-earned money. However, I feel I am a little lucky to realise within 24 hours depositing 1 lakh. I got aware of their actual money making / cheating activities going thru all the messages and surfing online.
ReplyDeleteI just want to remind you all the documents are not fake and if luckily they start construction even late property price will only shoot up.
Hence, I have sent an email to Dreamz CEO and fw other IDs shared to safe guard my property, but I have clearly messages to ensure my apartment is not cancelled and have agreed to pay only when construction begins.. by this I will pay price only as of today and if construction would start in5 years property value cam only appreciate, they have no right to cancel or ask for more money as everything is documented in mou.
I know I am taking a risk but I guess it's calculated risk. If it pays off I can be happy, if it doesn't I will have to struggle to get my money back.
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