The buyers alleged that the company launched a project in Noida Extension, named Gayatri Aura, in 2011.
NOIDA: The directors of a real estate company in Noida, Gayatri Hospitality & Realcon Limited, have been booked for fraud, cheating and forgery on the orders of the chief judicial magistrate after a complaint by a group of homebuyers.
The buyers alleged that the company launched a project in Noida Extension, named Gayatri Aura, in 2011 and took bookings but hasn’t even excavated the ground to start construction.
B P Singh Jadon, a lawyer who represents one of the buyers, Sunit Awasthi, said the company was to build 1,500 homes in Gayatri Aura in Sector 1 of Noida Extension. “The company was allotted 17.5 acres of land in Sector 1. My client Sunit Awasthi booked a 1,195 square feet flat in Gayatri Aura in 2011 and has so far paid Rs 16 lakh. Thereafter, despite repeated meetings and promises by the developer, no construction has been started on the plot of land,” Jadon said.
The case against the company was lodged on July 2. Awasthi claimed nearly 1,000 residential units had been sold by the developer. “All these families have put their hard-earned money into the project and are awaiting their homes,” he said. “People have made 30% to 90% payments against their bookings, which were all made in 2011 and 2012. However, till date, not even the ground has been excavated by the builder,” he added.
Another investor, Deepak Jain, said every time buyers complained, the builder would say farmers had not ceded possession of land. “In May 2016, we approached the Greater Noida Industrial development Authority (GNIDA) and discovered that the developer had sold the plot to someone else,” said Awasthi. “When we confronted the company, they got abusive and refused to refund our money,” added another buyer, Deepak Gupta.
The buyers initially went to the police but sought judicial intervention because the cops’ response was “unsatisfactory”.
“On July 2, the Gautam Budh Nagar chief judicial magistrate directed police to file an FIR under relevant sections of the IPC,” said Alok Jain, also an investor in Gayatri Aura. He said several other complaints against the developer were pending with the CJM.
“The FIR has been registered at Noida Phase-III police station under sections 420, 406, 467, 468, 471, 120B and 504 of the IPC against Hari Om Dixit and Kalyani Chaturvedi, the two directors of the company Gayatri Hospitality and Realcon Limited located in Noida’s 63,” said Phase-III police station SHO Pankaj Pant. “An investigation officer has been appointed,” he added.
Deepak Agarwal, CEO of the Greater Noida Industrial Development Authority (GNIDA) said they had not received any information about the developer. “If the developer has violated conditions of the lease deed and allotment norms, suitable action will be taken. Our aim has always been to protect the interest of the homebuyer and we will continue to do so,” he said.
The company could not be contacted for its response despite repeated calls.