- Buyers stage protests at Bhuvanteja Infra office
- 200-300 buyers from 10 projects
- Bought flats in pre-launch sales, only to got trapped
Around 200 to 300 buyers who bought flats in six projects, are coming in groups to the Bhuvanateja Infra office at Panjagutta and clamouring for return of their money. This situation has become a routine affair now. Some of them have been running around the company MD Chakka Venkata Subramaniam for about a year, but has become an expert in sending away those who came for money by either giving some excuse or making them sit for hours together. However, some buyers who got tired of his excuses, have decided to settle the matter and are creating a ruckus at the company office on a regular basis.
While working at Parijata Developers some years ago, Chakka Venkata Subramaniam used to travel by an Activa scooter. But ever since he became an expert in duping people in the name of pre-launch sales and collecting money from them, he got into the habit of buying luxury cars and staying in luxury star hotels. The victims are alleging that the money belongs to innocent people, using which he has been leading a luxurious life. Ironically, the agents who sold plots and flats in Bhuvanateja Infra’s projects, also got themselves in troubled waters. According to information received by Real Estate Guru, this Bhuvanteja Infra company has sold properties in around 10 projects in pre-launch sales in Hyderabad alone.
- Happy Homes Apartments, Shamirpet
- Happy Homes 2 Villas, Shamirpet
- Bhuwanateja Aura-1, Velimala
- Bhuwanateja Aura-2, Velimala
- Bhuwanateja Bloomdale, Medchal
- Green Valley, Capra
- Golden Nest, Isnapur
- Happy Homes, Kadtal
- EVK’s residence, Kollur