Parsvnath Developers fraud complaints are bogus and fake?

Running a business can be quite tricky. Not only does starting a business require lot of investment and risk, but the success of any business depends heavily on your end customers’ feedback or review about your business. In such a situation, if your competitors try to bring you down, your reputation can go for a toss. And this is what happened in the case of the Parsvnath Developers fraud.



The Parsvnath Developers fraud was one major incident which caught the attention of people all over the country. When investigated into this matter to find out the real culprit behind this whole controversy, it turned out that it was an attempt made by some competitors of Parsvnath Developers to malign them and so that buyers will stop buying flats from this otherwise reputed company. Let us now see the Parsvnath Developers complaints which were the starting point from where the whole so called Parsvnath Developers Scam took place.

Brief Bio About the Group

For all those of you who may not know, Parsvnath Developers is one of the biggest and by far the most trusted real estate company having a pan-India presence in almost as many as forty different cities in the country.  Loyal customers of this real estate company have time and again vouched for the level of commitment which the company has towards its buyers and which is something the competitors are not quite happy about. As a result, competitors of Parsvnath Developers indulged in spreading false and fake rumours against this esteemed organisation.

Nature of complaints and allegations Levelled

Competitors of Parsvnath Developers reached a new low when they started posting and sharing all wrong, false and misleading information about the group online thereby miss-using the online platform for their selfish and vested interests. Because online business thrives on anonymity, competitors took undue advantage by creating fake ids and then alleging Parsvnath Developers that their quality of construction is poor, the group fails to live up to their commitment and they also indulge in several unfair trade practices and so on.

Outcome of such baseless allegations

The natural consequence of such allegations and Parsvnath Developers complaints was that prospective buyers who had already booked their flats from this company started having doubts and also started asking for refunds of the amounts which they had paid for their properties. All this resulted in giving a major blow to Parsvnath Developers. But many still stood by Parsvnath Developers and vouched for their reputation, reliability and commitment. And eventually, those who doubted also understood that Parsvnath Developers is a credible company. In the end, it was as they say. ‘All’s well that ends well!’ for Parsvnath Developers!