Monday, 4 September 2017

Noida: UP Cops finally lodge an FIR against Amrapali Directors

Saturday provided a breakthrough for the home buyers of Amrapali Dream Valley who successfully registered an FIR against the defaulting directors of Amrapali in the Bisrakh (in Greater Noida) Police Station. Amrapali Dream Valley, a residential project of Greater Noida, has been stalled by the developer citing an ongoing fund crunch.    

The FIR, filed by  Ashok Kumar stated that when he had booked a flat in 2009 the developer had assured possession within a stipulated period of 36  months and that there was an agreement to support this claim. As per the agreement, an extension of six months was permissible for the developer. However, today after eight years, possession has still not been given.
The complainant stated that there are about 1000 home buyers in the stalled housing project, who obviously are contending with the same situation. Individual buyers have already paid nearly 60 to 70 percent of the total cost of their booked flats.
Kumar states that buyers are now suspecting that the developer has invested their money in some other housing project or in some personal luxury purchase. This translates to a serious case of cheating and forgery with buyers as they have all invested their hard earned money in this project.
UP Police has registered an FIR against three directors.  Noida Society News
This includes Anil Sharma, Chief Managing Director of  Amrapali group; Shivpriya, Director of Amrapali Group and Mohit Gupta, Director of the company. They have all been booked under section 420 (for forgery) and 406 (breach of trust). 
The FIR has been registered with the Bisrakh police station in Greater Noida and further investigations have already commenced.
Interestingly, earlier the UP police was not lodging the FIR against the developer saying that the matter does not fall under its purview.  apartment management software
The complaint has been lodged only after a high-powered committee appointed by the CM intervened in the matter and ordered the police that FIR has to be registered. 
Buyers of different housing projects being developed by the Amrapali Group have been carrying on an indefinite agitation outside the corporate office of the company for 22 days now. The flagship issue highlighted in the protest is possession.
Though local MLAs, MPs and ministers of the UP government have assured the protestors that they shall extend all support to ensure that possession is delivered by Amrapali, the protest rages on. The home buyers say that they want these assurances to be delivered in writing and not words. 
Incidentally, encouraged by the CM's mandate to lodge FIRs against defaulting developers, suffering homebuyers have also lodged FIRs against Supertech, Alpine Realtech, JNC The Park and Today Homes .