Unending woes of buyers @ Bhuvanteja Infra

Ramesh came to Hyderabad for livelihood. Despite being a less educated, he strove heard to afford decent life for family. First, he worked in a hotel and later, joined a local company where he rose to the rank of supervisor. He took a rented house to live along with his parents and two younger sisters. He is also funding for education of his sisters. With ten years of hard work, he saved Rs 15 lakhs. Ramesh, who is longing for family happiness, learnt through a realty agent that he can own a house for just Rs 12 lakhs at Kadthal. Believing the agent, he paid entire amount to the builder and kept dreaming about the house where he will live after three years. He was also planning to get both his sisters married off, upon entering the new home.

But nearly an year later, he found that there was no progress in works and confronted the agent who gave different excuses. Even after two years, there has been no progress and he went to the company head office to confront the management. But his dreams got shattered when he fould people like him sitting there for money in groups of seven or eight. Seeing the situation there, he questioned the agent and even thought of roughing him up, but stopped as he wanted his money back. He went to ask the company MD about his money, but was made to sit since morning to evening. When he finally got to meet the builder who was dressed in gold and questioned about his house, the company MD simply stated that the apartment was stopped due to lack of permissions.

Ramesh only wanted to find a permanent shelter for his family. To fulfill his dreams, he handed over his life savings to the builder. Currently, he is not even able to take his sick mother to a good doctor. After running from pillar to post to get back his money, he is now tired and suffering mental agony as he has no where to go.

All those who bought flats from Bhuvanateja Infra, have similar and even worse stories to narrate. Buyers recall that Happy Homes project would bring them happiness, but never imagined it to turn into their worst nightmare. In 2020, Bhuvanateja Infra started a project called Happy Homes at Kadthal, and sold many flats. However, the project was canceled after a couple of years. However, no one is aware of reasons for its cancellation. Even after all these years, the money has not been returned to those who booked flats in this project. As a result, the buyers are in a distress.

After starting another project at Kollur and collecting the money, the company canceled the project again. How many people got their money refunded, remains a mystery. Though many people who bought flats in the Shamirpet project canceled their bookings, the money has not been refunded so far. Cheques given to some of them got bounced even as several others are forced to run around the Bhuvanateja Infra head office at Panjagutta every day. And yet, Bhuvanateja Infra MD Chakka Venkata Subramaniam has been sending them home by cooking up cock and bull stories as well as making false promises. Fed up with Venkata Subramaniam, some buyers are gearing up to file a police case against him.

There are many companies like Bhuvanateja Infra in Hyderabad whose owners are enjoying a luxury life using money collected from innocent people in the name of pre-launche sales. But the State government has remained a mute spectator for reasons known. Unless the government takes strict measures and keep tabs on fraudulent people like Subramaniam, more such scamsters are likely to enter the real estate market and con more people. It is high time that the State government wakes up from slumber and cracks down on companies like Bhuvanateja Infra.