One of my uncle also bought a site in it for around 2500 RPSF before recession (2008-2009).
Supposed to be a nice layout with good plots till I read these reviews.
Source:
http://www.rateitall.com/i-923769-reliaable-developers.aspx
The owner of Reliaable developers along with few staffs attacked on one of the residents of Reliaable LakeDew Residency because he complained against them in BDA. The BDA engineer was a mole and was working Reliaable developer people only. He got this person name from the BDA office. Those people attacked this resident (owner of a plot in the layout) in front of many people with rods and big stones. He was seriously injured. He was also warned of dire consequences if he approached police or BDA. They didn't let him go to a hospital so that he can't take a medical report which required for an FIR. They took him to a nearby hospital and got him treated and then let him free after warnings.
Reason- They have not completed the work in Reliaable LakeDew Residency near HSR Layout even after 6-7 years of launch. They want to hand over the layout to residents without completing the development. But the residents are not ready for it. This matter is being stretched for long. When this person (owner of a plot in layout) reported to BDA commissioner, the BDA engineer leaked this information to the Reliaable developers.
Truth - Reliaable developers have made HUGE (I mean it) money by selling lands to people. But they don't put money in the development. Once all the plots are sold, they stop development. If it takes too long, they will construct some bunglows in the vacant plots and will rent/lease it for film shooting or parties of big people. The worst part is unbelievable. They won't let the residents use the small gym in the small clubhouse telling there is no electricity. But they themself use it on will with whole family. You don't need to believe my words. Just visit their LakeDew Residency project in Bangalore and you will know that each of my word is true.
Source: I am an owner of a plot in the Reliaable LakeDew Residency, and have been an active member of residents association from the starting. They are a typical example of Reddy goons in Bangalore. First talk sweet, take money and then beat. Please stay away from these people and there project. I request to you. Please help me spread this news and words about Reliaable Developers. Pass/Forward/Circulate this review to any community (or family and friends) you know. Thanks a lot.
PS: I would have not given even a single star in the rating but its mandatory.
I liv in USA,,few of my friends purchased plots from them. I did not hear complaints from anyone.i think in blore all realtors hav pros and cons. I intact had visited few of their projects before buying,I was happy n so went ahead n bought it. I had a chance to talk to the owners of RD,they r pretty nice n I was surprised the main person is a doctor,unlik other realtors who are goons n uneducated uncivilized people without ethics
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