Hi Guys
Let me share my genuine experience with you about this company – Alliance Group / Urbanrise. They are very good at mesmerizing customers. Every real estate project of this company has a very nice Marketing office. Hospitality is also good. You will feel that Apartments which they are selling in Chennai and Hyderabad are priced reasonably. Now, the inner story.
1. Construction pace of all their real estate projects move very very slow. If you consider the delay and calculate the cost of the delay, you would realize that you have ended up paying far more than the market price.
2. Though they use the MIVAN framework in construction, the quality of cement and steel they use is very sub-standard. Very cheap quality. One of my friends is working as an engineer in one of their projects and he advised me not to buy a property here. He revealed that only 10% of cement and steel they use are of decent quality and this they would highlight to their customers that they use top quality cement and steel. 90% of steel and cement they use are of very bad, cheap and local made quality. These poor-quality cement and steel are kept hidden and customers are shown only the good brands. This is how they cheat. Their old constructed buildings have a lot of issues like seepages, cracks, corrosion, poor sewage etc.
Therefore, my sincere advice – Please don’t buy any property/apartment/villa from this builder. I cancelled my booking and took my amount back.