Read The Fake Scam News About Parsvnath Developers

Review By Vikas Malik: Sure, Parsvnath Developers scam is difficult to ignore. More so, when it is all over the internet and dominating the truth. However, it cannot last long as reality is way too different than how it has been presented. Since I have experienced their services and working style, I can vouch for their professionalism. Right from when you enter their office for the consultation to the moment you get the keys to your house, they stand beside you and help you at every step. I was very happy with the patience that they showed to my dubious nature.

I used to question them at every opportunity and call them whenever I felt stuck. And, never have they ever refused to clear out things or refrain from attending my queries. At the time of possession, I was so excited about my new home that I almost forgot the legal formalities and documents. But, Parsvnath developers handed over the papers without any delay. I have also recommended this builder to most of my acquaintances, and everyone is happy with their services.

Bogus Rumors About Parsvnath Developer Scam & Ripoff

Parsvnath Developers is one of the most known and reputed real estate companies in India with a huge list of happy and satisfied customers. However, like in other businesses, there are some ill minded elements present in the real estate world too. Once the company started achieving great heights, some negative elements started creating false and misleading allegations which resulted in the famous Parsvnath Developer fraud. This post throws light on some of the details of the scam that can help you find out whether or not Parsvnath is a ripoff.

With two decades of experience in commercial and residential real estate, Parsvnath Developers is one of the iconic names in the Indian Real Estate market. However, the fast success has come at a cost for the company. The competitors of Parsvnath Developers, particularly those who didn’t wish well of this reputed group, started to malign the reputation of the firm using the online platform. Let us try and dig a little deeper to understand the nature of the allegations which led to the infamous Parsvnath scam.

Taking Advantage of the Situation

Every big business, especially in the field of real estate, faces law suits and allegations from its customers. While some are true, many of them are just bogus to either take advantage of the situation or malign the reputation of the company. In the case of Parsvnath Developers, something very similar happened. It all started with a case where a group of buyers filed a case in which the builder has allegedly failed to complete the project on time. While the case is still pending in the court and the company is taking all the legal routes to sort out the matter, some competitors realised this is a good time to harm the company.

Fake Allegations

Soon, allegations against the company started pouring in. Many of these allegations came from people who had never even bought properties from Parsvnath. However, this alerted the buyers who were about to invest in the company's projects. Parsvnath scam became the headline used by competitors to target the company.

Fame Rumours

Thanks to the online world, spreading rumors has become rather easy. And the competitors used this well to damage the reputation of the company. Soon Parsvnath ripoff news was all over the internet. This alerted the prospective buyers further which made it all the more difficult for the developers to run the business.

What is the Reality

When these allegations were investigated into, it became quite clear that these allegations were false and baseless with not even an iota of truth involved. Hence, even though these allegations grew out of proportion, it did not impact the long standing reputation and trust of the customers which this group had managed to earn over the past two decades.

The Parsvnath Developer scam taught us many valuable lessons of which one was that never believe what is being said or written even if you see it in black and white. Make sure that you do your own homework and make your own opinion instead of blindly following some other person’s opinion.

Fake Parsvnath Developers Case

Review By Nishant Verma: With the increase in the interest of people to invest in real estate, not just the prices of the property are elevating, but the frauds and hoaxes done by builders are touching the sky as well. Every passing day, one or the other case of a builder cheating the customers is highlighting. Therefore, it has become difficult for people to trust any builder. As far as Parsvnath builders are concerned, then being an existing customer, I can swear by their integrity and work ethics. It’s not always that you find a developer as transparent as Parsvnath developers.

If you visit their site at Parsvnath Exotica, where I have invested, you will always find superior work in progress. Never have they ever used the cheap material for their construction projects. How about their staff? Not only are they helpful, but also greet every guest warmly and with a wide smile. Throughout the process of buying the property, they help you with every formality. Thus, in such a scenario, when you hear about Parsvnath court case, it’s not only disheartening but sickening as well.

Parsvnath Scam News: Always Aware with Competitors Fake Updates

Competitors in any stream of business are always on the lookout for new and different ways and means of bringing down their arch rivals. And this was what exactly happened in the case of Parsvnath Developers also. Parsvnath, a name to reckon with in the real estate market and having a pan-India presence in almost 40 odd cities, witnessed the darkest phase of their long standing and hard reputation and goodwill.  This post will help us understand as to what exactly happened in the case of the famous developers.

The whole country was taken aback when it learnt about Parsvnath news. This was because there was suddenly so much written about in the online space that in no time this news spread like wild fire, almost impossible to stop it. Now let us take a look at what exactly happened:

Nature of allegations levelled

Right from questioning the integrity and reputation of this reputation firm to levelling allegations of the company not living up to their promised commitments like giving possession in time, sales representatives misguiding and misleading the consumers to the company engaging in unfair trade practices, every possible allegation has been made against the company. There was not a single count on which allegations were not levelled.

How did truth prevail?

There was a lot of bad blood in the minds of the competitors of Parsvnath Developers which made them indulge in such illicit practices of trying to demean or undermine their competitors with the hope that customers will believe those allegations and the company will no longer get any more bookings.

However, if you take a look around in the Parvnath’s office or even browse through their website you will be taken aback to see the number of awards and the extent of recognition this firm has got for their honest practices, loyalty and commitment. When you see the goodwill or reputation supported by so many awards, your faith in the company not just gets restored, but it also receives a stamp of validation.

Loyal customers to the rescue

Not just awards and recognition, but even the loyal customers of this group came to the rescue of the Developers and vouched for their commitment and reputation. And, these customers were not just limited to individuals like you and me but also included heavyweight brand names like Aircel, Addidas, Big Bazar, Dominos Pizza, etc. to name a few with which Parsvnath had collaborated from time to time.

Thus, as they say, when you work towards your goal by not getting distracted by the small hurdles which come in your way, there is nothing which can go wrong with you and the case of Parsvnath Developers is the perfect example which illustrates that.