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- The company has not even finished one project so far.
SAS Infra started the prelaunch project at IDL Lake in Kukatpally. They are promoting on social media that they are constructing a 30-storey project on 20 acres. A total of 13 towers will be constructed in this project, which has not received RERA approval. SAS Infra, which has started many projects in the last few years, has not completed a single construction project till now. However, it continues to collect money from people by starting projects in pre-launch. The news is heard in the real estate sector that this company is selling flats in pre-launch due to a lack of funds. SAS Infra has covered the infamy of using the money coming from the newly launched project to take up old projects.
What’s SAS infra’s background?
A company named SAS Infra has been constructing the SAS I Tower building, an IT and commercial building at Nanakramguda, for several years. Three towers are being built on about 1,20,000 square feet in an area of 11 acres. Proposed to build 36 floors, it has installed boards in the name of the Embassy since yesterday. Now, the embassy boards are not visible at the site. Many more structures have been started. However, not a single project has been completed so far. So, smart investors should consider all the facts and think twice before making a final decision. In prelaunches, flats come at a lower price. However, there is no guarantee that the project will be completed or not.
