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Tag: Anil Aggarwal

Axis Bank’s Presses Panic Button Issues Threat Letter to RNA Exotica flat-buyers

Mumbai, 30th August, 2016: To recover its Rs 100 crore project loan to RNA Exotica before it becomes a bad debt like BOI’s loan and SBI’s loan, Axis Bank is pressing the panic-button and threatening flat-buyers to immediately pre-pay large amounts (like Rs 25-50 lakh), forgetting about slab-completion schedules. Axis Bank has recently written strangely worded letters to RNA’s …

RNA Exotica: Nine ways buyers got screwed Royally !!!!!!!!!!!

Mumbai, 30 June 2016: Hundreds of savvy and well-educated flat buyers have purchased “luxurious” flats in RNA Exotica without noticing what their sale-purchase agreements clearly says: that RNA Exotica is actually a large and shabby slum rehabilitation scheme with a tiny island of rich flat-buyers. The rich people’s housing project is married and tied to …

RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan”

Media Release: RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” 22nd June, 2016: When builder Anil Aggarwal’s Skyline Construction Co approached Axis Bank for a project loan for RNA Exotica in 2011, the bankers forgot simple arithmetic. On two separate instances — in 2011 and in 2013 — Axis …

NRI Couple Cheated by RNA Builders in RNA Regal Project Kandivali

Mumbai, 5th March, 2016: Last week, one of RNA builders’ thousands of cheated flat-purchasers sent the builder a legal ultimatum, and started taking steps for going to court after discovering that their promised 17th floor flat in RNA Regal, a project in Kandivali West, is the proverbial pie-in-the-sky! In February 2011, Sandeep Kothari and Apeksha Khabiya, …