In 1997, I purchased a housing plot (About 485 sq m area)from a well reputed south Indian business group - VGP Group. I purchased the plot in Kodaikanal when they held their property show in Dubai in 1997 .I have all the related documents.But the problem is that they have not developed any infrastructure etc to build a home there and so feel cheated.I feel that the place is not suitable to build any home and looks like a jungle when I visited in May 2012.
They had promised to build a clubhouse, road, electricity and related infrastructure . The land has not even been marked into plots even after 15 years. Please contact me if you have been conned by this so that we can take collective action
I too have bought a plot from VGP in kodaikanal many years back but there has been no infrastructure developed by them which is why there has been no development in the area
ReplyDeleteContact me so that we can discuss on how we can get our money with interest back
Mahendra Vora
09173088055
Thanks mahendra I will get in touch with you
ReplyDeleteSIR
ReplyDeleteI ALSO BOUGHT A PLOT AND HAVE BEEN CHEATED. NOW SOME ONE WANT TO BUY THE PLOT. SINCE THERE IS A LOT OF DOUBTS ABOUT PLOT I CANT SELL IT.THERE IS NO PATTA. AS PER SEBI ORDER ARE THEY GIVING REFUND. DID YOU RECEIVE ANY REFUND.
I too have a Plot in Kodaicornwel Project,no develpoment seen after 24 years of investment, its still in the same position.If some one has any suggestions, lets get in touch.
ReplyDeleteI too had purchased 2 plots of 12 cents each, visited the place few times. I have been cheated by VGP. They have done nothing to develop the property so far.
ReplyDeleteN. Nair
I too had purchased 2 plots of 12 cents each, visited the place few times. I have been cheated by VGP. They have done nothing to develop the property so far.
ReplyDeleteN. Nair
+8304977830
I too bought at VGP KODAI CORNWELL
ReplyDeleteIF HAVE ANY NEWS CONTACT ME
+65 98252137
HANNIFA
Hi
ReplyDeleteThis is berlin from pethuparai near VGP KODAI CORNWELL. One of my client from chennai also owns 2 plots in CORNWELL LAYOUT. Since there is no plot markings we can’t find the correct location. Need to find other buyers too. Then only this problem will come to end. Now the land value in VGP CORNWELL 1-2lakhs/ cent... more details contact me +91 9159913330
Hi,
ReplyDeleteI too had purchased a plot in VGP CORNWELL.
If any news please contact me...
+6018-7863115 / +6017-7915239.
Mdm.Parames.
Malaysia.
Friends my brother Ramesh also owns a property in Kodai Cornwell. I suggest we form a whatsapp group to move forward. Time is running out. Please call me at +919830246820. I am based in Kolkata
ReplyDeleteI too bought 3 plots.VGP had taken money to build the infrastructures but till nothing was done.We should take action against VGP.
ReplyDeleteMy name is Sridhar Nageswaran .I am based in Kolkata. My brother purchased a property in Kodai Cornwell in 1995 when VGP had visited California. I have already mentioned earlier that there is no point taking action against VGP because court cases will go on and on without any result and we will be spending our money and time unnecessarily. It is far better to collectively form a group as many as possible and sell the property as it is instead of individually selling the plots. Your views please.
ReplyDeleteIf all of you are interested please let me know. I spoke to Berlin David Packiyaraj just now. He is a broker in that area. He told me that he recently sold a plot 300 metres from Kodai Cornwell @Rs.1.75 lacs per cent.He told me that if the owners come forward with their plot numbers then there is a possibility of getting a better deal for the property after he does a land survey and identifies the plots. I think we should all look into this and give our consent to him.After he verifies he will then give us an offer.It is up to us whether we agree to his price or not. Please confirm. Sridhar Nageswaran +9830246820. Email id nageswaran.sridhar@gmail.com
ReplyDeleteI have 2 plots contact +65 98252137
DeleteHannif
My name is Ramesh Nageswaran and my brother SridhR Nageswaran is acting on my behalf
ReplyDeleteIn my view we should identify maximum No of owners form a legal group by consent and sue VGP Cornwell on basis of violation of the sales agreement based on land costs interest charges and punitive damages
The owners need to elect a local committee from its members to coordinate with the lawyer to file the suit
Costs will need to be shared based on holding size
This is an option to selling but can be guided by same commitee
Ramesh Nageswaran
I too bought 2 plots when VGP market it in Singapore.
ReplyDeleteLets group together and find a way to sell it or develop the place.
My email
mohamedhannifa@yahoo.com.sg
I Prakash Srinivas bought a 12 cents home plot at VGP kodai Cornwell phase 2. They have not developed the layout. It is also an abode of elephants. My number is 9842297263.
ReplyDeleteMy name is Harris. I also purchased 2 plots.
ReplyDelete24 cents each plot. My contact number 9940026692. I am from Chennai.
I mean 4 plots
ReplyDeleteIn a further update it is said in the News that a very famous Actor P.R. purchased a plot there in Pathuparai and even built a house there. Without approval. So did he develop it there.
ReplyDeleteThere is a person who lives there and may know market value. His name is Thirupathi. Number is 99523 66111. Other wise we can all submit petition to pay us the principle and interest of maybe 4 percent per annum. And require them to rebuy property. We need a leader here,
Any better suggestion.
ReplyDeleteWe also bought in Kodai Cornwell project .Do not know whom to contact.
ReplyDeleteI bought 2 plots n want to sell
ReplyDeleteI bought 2 plots VGP Kodai Corwell II. Very keen to sell
ReplyDeleteMy name is Sunil, based in Singapore. I too have purchased a plot at VGP Kodai Cornwell wih registration done on 30 Nov 1999. no further updates on development and was unable to follow up.
ReplyDeleteMy email ID is sunildeep@yahoo.com.
I am from Singapore too.
DeleteHave 2 plots
mohamedhannifa@yahoo.com.sg
DeleteWe should all meet up.and settle the problem.
ReplyDeleteVGP scammed us.VGP had collected money to develop the land but till date ,nothing done.
I have plot in this layout we have to join and create a perfect group and make a solution for us.....
ReplyDeletei have patta for my property that is not a normal patta they issued tkt patta i didn't know about this patta if anyone knows please share me.,
ReplyDeletei am purushothaman from Chennai...
ReplyDeleteI have a plot. Feel similar to other disgruntled investors here. Please include me in WhatsApp group 9717435850
ReplyDeleteIt seems vgp group has chested many people
ReplyDeletewhat is current price ,any buyers
ReplyDeletePlease share you email ID
Deletei have 2 plots in Kodaicornwell, they have taken a lot of people for a Ride. Any one could suggest an approach method to some how atleast sell of the plots?
ReplyDeletePlease reach out to me on 9629488214
DeleteI came to know that SEBI has rejected the application of VGP and asked them to wind up the company and refund the amount to the investors as early as 1999 (under Collective Investment Scheme - CIS) Now we have to form a group (on email everyone can join in) and we have to send a notice to VGP with a copy to SEBI, EOW (Economic Offences Wing - TN Police) and if need be file a case under TNPID Act. Any legal battle will be protracted, so it is prudent enough to be smart and come out with whatever funds coms our way.
ReplyDeleteThe land is classified under Agriculture zone, and not yet converted into Residential / Commercial zone. Land is not sub-divided yet, and patta is not available.
DeleteI had purchased two plots of total 24 cents, and l visited many a times the place n enquired with vgp office about the promise they made in Dubai then. I don't know what to do. I get enquiries from buyers occasionally
ReplyDeletei did not opt for the plot against original forest area allotment
ReplyDeletewhich was not marked . all upside /slope/down topography
recently sold that
venkatesh