Sunday, November 19, 2017

IREF - Subscribed Threads Update

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Dear ck.kislay,

You are subscribed to the thread "Noida City Real Estate Updates" by Cookie, there have been 3 post(s) to this thread, the last poster was MANOJa.

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates

These following posts were made to the thread:

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates

Posted by: MANOJa

On: November 19 2017 10:38 AM

[h=1]Two real estate managers of Earth Infrastructure held for cheating investors of Rs 41 lakh[/h] Anil Kumar Shahi, SHO, Sector 20 police station said, on August 31, 2017, an investor, Nupur Aggarwal had registered a case against four directors and two sales managers alleging fraud.[URL="https://realty.economictimes.indiatimes.com/author/479234140/shafaque-alam"]Shafaque Alam[/URL] | TNN | November 19, 2017, 09:21 IST [URL="https://realty.economictimes.indiatimes.com/tag/noida"]NOIDA[/URL]: Two sales managers of a real estate firm were arrested on Saturday for allegedly cheating an investor of Rs 41 lakh on the pretext of providing office space in Gurgaon. The accused, identified as Bushra Alam, a resident of Daryaganj and Nishant Arora, a resident of Saket, worked for [URL="https://realty.economictimes.indiatimes.com/tag/earth+infrastructure+limited"]Earth Infrastructure Limited[/URL] in Sector 16, Noida. In February 2017, [URL="https://realty.economictimes.indiatimes.com/tag/delhi+police%e2%80%99s+economic+offences+wing"]Delhi Police�s Economic Offences Wing[/URL] had arrested the firm�s managing director, Avdesh Kumar Goel on charges of cheating homebuyers and indulging in criminal conspiracy. Another director, Vikas Gupta is absconding. Anil Kumar Shahi, SHO, Sector 20 police station said, on August 31, 2017, an investor, Nupur Aggarwal had registered a case against four directors and two sales managers alleging fraud. Aggarwal made payments of Rs 41 lakh through cheques on different occasions from 2013-15 for the office space as promised. The developer had issued allotment letter to Aggarwal in May 2014. �But, in December 2016, he issued allotment letter for another location,� the complainant said in an FIR. On asking about the change, she was informed, the developer did not get permission for construction at previous location so the space couldn�t be delivered. The developer also refused to return the payment. The complainant then approached the court which directed Noida police to register a case against all the accused. [url]https://realty.economictimes.indiatimes.com/news/regulatory/two-real-estate-managers-of-earth-infrastructure-held-for-cheating-investors-of-rs-41-lakh/61709043[/url]

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates

Posted by: MANOJa

On: November 19 2017 08:18 PM

[B]NCR homebuyers submit complaints against builders at BJP headquarters[/B] [URL="https://timesofindia.indiatimes.com/toireporter/author-Sharmila-Bhowmick-479234316.cms"]Sharmila Bhowmick[/URL]| TNN | Nov 18, 2017, 22:02 IST [IMG]https://timesofindia.indiatimes.com/thumb/msid-61705127,width-400,resizemode-4/61705127.jpg[/IMG] NOIDA: Over 400 homebuyers from all over [URL="https://timesofindia.indiatimes.com/topic/NCR"]NCR[/URL], today gathered at [URL="https://timesofindia.indiatimes.com/topic/Patel-Chowk"]Patel Chowk[/URL]metro station in New Delhi at 11am in the morning and walked up to the [URL="https://timesofindia.indiatimes.com/topic/Bharatiya-Janata-Party"]BJP[/URL] headquarters at [URL="https://timesofindia.indiatimes.com/topic/Ashoka-Road"]Ashoka Road[/URL] and submitted a deputation at the office. The group was deterred once at Patel Chowk and once again at Ashoka Road as they did not have necessary permission to take out a rally. However the buyers submitted a detailed complaint letter with the BJP office claiming attention to their long drawn issue of non-delivery of apartments. "Despite being held back by the police, we submitted a letter with the BJP headquarters today. We primarily went to their office as BJP is the ruling party in NCR region and they have a responsibility towards our situation. Before the election, senior party leaders had committed to us that the buyers concerns will be addressed. So we just took our complaints to them today formally," Shweta Bharti, general secretary, Noida Extension Flat Owners Welfare Association ([URL="https://timesofindia.indiatimes.com/topic/Nefowa"]Nefowa[/URL]), said. [B]"Among the key points the home buyers have mentioned in the letter is that they should be given a relief from paying EMIs until the houses are completed; that a government construction agency be deputed for completion of those apartments which are long overdue. Buyer also stated that while getting registered in RERA, many builders are distorting completion dates. For those apartments which were supposed to be handed over in 2012, some bu ilders are filling in completion dates as 2022 or 2024, so the sanctity of earlier commitments are gone anyway. Who is checking this?" [URL="https://timesofindia.indiatimes.com/topic/Abhishek-Kumar"]Abhishek Kumar[/URL][SIZE=13px], president. NEFOWA, said.[/SIZE][/B] "Builders are still distorting floor-area ratio at various projects. So we want to what action has the government taken at all with respect to the buyers issues," Indrish Gupta, co-founder, Nefowa, added. [URL="https://timesofindia.indiatimes.com/city/noida/ncr-homebuyers-submit-complaints-against-builders-at-bjp-headquarters/articleshow/61705126.cms"]https://timesofindia.indiatimes.com/...w/61705126.cms[/URL]

With warm regards,
Team IREF

https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/noida-real-estate/47500-noida-city-real-estate-updates

Posted by: MANOJa

On: November 19 2017 08:27 PM

[h=1]Two real estate managers of Earth Infrastructure held for cheating investors of Rs 41 lakh[/h] Anil Kumar Shahi, SHO, Sector 20 police station said, on August 31, 2017, an investor, Nupur Aggarwal had registered a case against four directors and two sales managers alleging fraud.[URL="https://realty.economictimes.indiatimes.com/author/479234140/shafaque-alam"]Shafaque Alam[/URL] | TNN | November 19, 2017, 09:21 IST [URL="https://realty.economictimes.indiatimes.com/tag/noida"]NOIDA[/URL]: Two sales managers of a real estate firm were arrested on Saturday for allegedly cheating an investor of Rs 41 lakh on the pretext of providing office space in Gurgaon. The accused, identified as Bushra Alam, a resident of Daryaganj and Nishant Arora, a resident of Saket, worked for [URL="https://realty.economictimes.indiatimes.com/tag/earth+infrastructure+limited"]Earth Infrastructure Limited[/URL] in Sector 16, Noida. In February 2017, [URL="https://realty.economictimes.indiatimes.com/tag/delhi+police%e2%80%99s+economic+offences+wing"]Delhi Police�s Economic Offences Wing[/URL] had arrested the firm�s managing director, Avdesh Kumar Goel on charges of cheating homebuyers and indulging in criminal conspiracy. Another director, Vikas Gupta is absconding. Anil Kumar Shahi, SHO, Sector 20 police station said, on August 31, 2017, an investor, Nupur Aggarwal had registered a case against four directors and two sales managers alleging fraud. Aggarwal made payments of Rs 41 lakh through cheques on different occasions from 2013-15 for the office space as promised. The developer had issued allotment letter to Aggarwal in May 2014. �But, in December 2016, he issued allotment letter for another location,� the complainant said in an FIR. On asking about the change, she was informed, the developer did not get permission for construction at previous location so the space couldn�t be delivered. The developer also refused to return the payment. The complainant then approached the court which directed Noida police to register a case against all the accused. [url]https://realty.economictimes.indiatimes.com/news/regulatory/two-real-estate-managers-of-earth-infrastructure-held-for-cheating-investors-of-rs-41-lakh/61709043[/url]

With warm regards,
Team IREF

With warm regards,

Team IREF

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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