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megha (STA)     06 April 2013

Sahara prime city pune - investment advice

I have invested in "Sahara Prime City Limited - Pune" project for 2.5 BHK apartment in Dhanori, Pune.

Initially, I was informed the project will begin in October 2012 and will get the possession in January 2015.

Till date the project has not been started and I did not receive any information or commitment for the commencement of project.

I have already paid 3 installments (i.e; booking amount, advance allotment amount and allotment amount) of 2.9 lakhs each.

After hearing news about Sahara-SEBI I am confused to continue with this investment further.

Please let me know whether my investment is secure or not?

If not, should I discontinue with this investment and ask for refund of my amount paid.

 



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