Another builder agrees to refund home buyers
Abdul Mapkhan Shah of MS Shah Developers holds meeting with 71flat buyers, whose money is stuck in a half-constructed project in Thane West; promises to pay back
Aday after Diipesh Bhagtani of JVPD Properties Ltd and Jaycee Homes Ltd told home buyers that he will liquidate company assets to refund them Rs 410 crore, another builder has now come forward with a similar proposal to bail out 71 flat buyers, whose money is stuck in a half constructed project in Thane West since 2013.
On Sunday, Abdul Mapkhan Shah of MS Shah Developers held a meeting with the flat buyers, agreeing to refund them and complete the project located in Kasarvadavli.
On October 18, Mumbai Mirror had reported about the agonising wait of the middle-class flat buyers for their dream home in the 12-storey Silverline project, which got stalled in 2013 due to a dispute between two brothers, Abdul Mapkhan Shah and Salim Mapkhan Shah, both directors in MS Shah Developers. Over 80 per cent of the buyers were looking forward to their first home, and for the past four years, they have been paying the EMIs on home loans, as well as the rent for the rented accommodations.
You can keep track of your real estate developer by Whatsapp Group of Real Estate Buyers on Best Real Estate Review Website on facebook.
Dallas cash home buyers Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with extra information? It is extremely helpful for me.
ReplyDelete