2,000 investors, Rs 800 crore paid, but not a brick laid for project launched in 2009
Eight years ago, a large residential-cum-commercial project, the kind that have sprung up across Gurgaon and other parts of NCR over the years, was launched in Manesar. It got nearly 2,000 buyers, who saw their investments taking concrete shapes on a 104-acre plot. But today, the barren plot is all they have to look at.
The project, Aditya Niketan, never took off. Collectively, the investors say they have paid a whopping Rs 800 crore to the developer, ABW Infrastructure Ltd. And they are worried their money will sink because the plot is mired in litigations, a CBI probe into deals for the land is on, and an RTI reply has informed them the developer did not acquire approvals or licence for the project.
ABW Manesar Allottee Welfare Society, the association of buyers, claimed 1,974 allottees had paid Rs 800 crore as well as Rs 45 crore as external and internal development charges to the Haryana government through the developer for ABW Aditya Niketan, the township was to come up in Sector M1.
Three FIRs have, meanwhile, been filed against the developer, two by homebuyers and one by the department of town and country planning (DTCP), in 2016. But these have failed to provide any relief to the buyers till now. The developer could not be reached for comment.
Read more about ABW Infrastructure on CheatedByers.com
- Officials of ABW Infrastructure booked for cheating
- Police probes Delhi-based builder for duping man of Rs 15 lakh
No comments:
Post a Comment