Blacklisted
Builders South India feb 2020
|
SL No
|
Developer Name
|
Project Name
|
Location
|
Reason
|
1
|
Golden Gate Properties
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped;
Legal issues in many projects
|
2
|
Vsan Infrastructure
|
Bangalore
|
Cheated Customers ; promises not delivered
|
3
|
Sigma Builders
|
Sigma Serenity
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped
|
4
|
DS max
|
Bangalore
|
Blacklisted in Market; All Projects deviation observed
|
5
|
Triguna Properties
|
Bangalore
|
Usage Deviation Observed in many projects (Converting
residential apartments into hostels)
|
6
|
S & S properties
|
Sands Royal Park, Sands gateway
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped
|
7
|
CRMS/CMRS Builders
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped
|
8
|
Dreamz Infra
|
Bangalore
|
Fraud Builder
|
9
|
TGS developers
|
Bangalore
|
Fraud Builder
|
10
|
Sumadhura constructions
|
Bangalore
|
Multiple Funding; Not to confuse with cat A developer
Sumadhura Infra
|
11
|
Ittina Mahaveer Builders
|
Bangalore
|
Violations in projects and no BESCOM/BWSSB permission; Not
to confuse with Cat A developer Mahaveer Group (Reddy Structures)
|
12
|
B M Developers
|
Bangalore
|
Multiple Funding and Inflated cost sheet
|
13
|
Oceanus Developers
|
Bangalore
|
All projects work stopped due to financial issues
|
14
|
Vajram Builders
|
Bangalore
|
Not to confuse with Vajram Estates
|
15
|
Terracon Developers
|
Bangalore
|
16
|
SV Edifice Pvt Ltd
|
Bangalore
|
17
|
S2 Group
|
S2 Avani, S2 Avantika
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped
|
18
|
Richmond Builders
|
Richmond Pride
|
Bangalore
|
Multiple Funding and Inflated cost sheet
|
19
|
Surya Homes
|
Surya Homes
|
Bangalore
|
Multiple funding & inflated cost sheet; Work Stopped
|
20
|
Chowriappa Constructions
|
Chowriappa constellation
|
Bangalore
|
Work Stopped & Financial issues
|
21
|
AMR Builders & Developers
|
AMR Oaks, AMR Aster
|
Bangalore
|
Project in Anekal work stopped and builder absconding
|
22
|
Yashaswini Builders
|
Yashaswini Meadows
|
Bangalore
|
Work Stopped
|
23
|
Aditya Developers
|
Bangalore
|
Hyderabad Based Developer
|
24
|
Aishwarya Shelters
|
Bangalore
|
25
|
Happy Homes
|
City Square
|
Bangalore
|
26
|
Southern city developers
|
Bangalore
|
27
|
Manasa Shelters
|
Bangalore
|
28
|
Maharaja Builders
|
Maharaja Enclave
|
Bangalore
|
29
|
Mahima Land & Developers
|
Bangalore
|
30
|
Nikhil Property developers
|
Bangalore
|
31
|
Siera Property developers
|
Bangalore
|
32
|
VDB Developers
|
VDB Azure, VDB Carnival
|
Bangalore
|
Multiple Funding and Inflated
cost sheet
|
33
|
MVS Builders
|
Bangalore
|
Inflated costs in anekal
project
|
34
|
RR Enterprise
|
Bangalore
|
Multiple Funding and Inflated
cost sheet; OCR Adjustments
|
35
|
Pushpam builders
|
Pushpam E Town
|
Bangalore
|
OC Issue, GP Plan for
apartment
|
36
|
Neha Builders
|
Bangalore
|
OCR Adjustments and inflated
costs
|
37
|
SPS developers
|
SPS Enclave
|
Bangalore
|
Multiple Funding and Inflated
cost sheet; OCR Adjustments
|
38
|
Shanders builder
|
Dwellington
|
Bangalore
|
Multiple Funding &
Profile funding
|
39
|
Shubh Developers
|
Shubh Enclave
|
Bangalore
|
Drain issue only - Some
portion of layout only. Demolition happened for flouting buffer norms
|
40
|
Tirumala Developers
|
Thirumala Splendor
|
Bangalore
|
Drain issue only
|
41
|
Pioneer Developers
|
Pioneer Sun Blossom
|
Bangalore
|
Inflated Cost sheets (Issue
is with Pioneer developers and not Pionier); OCR Adjustments
|
42
|
Suvastu Housing pvt ltd
|
Projects like Kingsquare,
Oakleaf, astoria parK
|
Bangalore
|
Work Stopped
|
43
|
Sai Residency
|
Sai Prithvi Elite
|
Bangalore
|
Work stopped, Builder Frauds,
Blaclklisted Builder
|
44
|
Elite constructions
|
Elite Shine
|
Bangalore
|
Profile funding, Multiple
funding, Fake OC
|
45
|
Bollineni Developers
|
Bollineni Silas
|
Bangalore
|
Drain Issue and Slow Progress
|
|
|
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