When Mr Sethuraman signed the allotment letter with the builder on March 11, 2025, and forked out Rs 1.6 crore, he assumed the stamp duty and registration charges would be paid by the builder, as stated in the allotment letter. However, when the time came to sign the sale agreement, the builder backtracked and said they wouldn’t pay it.
The builder had also promised a gated township with exclusive internal roads and a recreational ground just for homebuyers. However, the reality was that the internal roads were public-access roads and the recreational ground was taken over by MSRDC, making it accessible to everyone. Sethuraman said that this caused about 33% dilution in value of his plot and so he was unhappy.
