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Greater Noida: Sampada buyers protest, go to cops against builder

Posted by Urban Avenues on December 13, 2018
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The buyers demanded that the passports of the directors be confiscated and a forensic audit of the company’s finances should be done.

Greater Noida: Sampada buyers protest, go to cops against builder

GREATER NOIDA: Over 60 homebuyers of Sampada Livia, a project floated by PSA Impex Pvt Ltd at Sector Chi 5, filed a complaint against the builder and CEO Diwakar Sharma, accusing the developer of cheating the buyers.

The buyers demanded that the passports of the directors be confiscated and a forensic audit of the company’s finances should be done.

According to the buyers, the project was supposed to be a 750-apartment structure spread over 10 towers of 24 floors each. However so far, only four towers have been built with very basic construction. “Many buyers were duped as the project was initially being sold under the banner of Kendriya Awas Yojna as a project planned for government employees. We trusted and the first cheque of 10% was drawn in their name. However the rest of the cheques went to PSA Impex Pvt Ltd, so we don’t know how the company changed hands in between,” Kiran Kushwaha, a buyer said.

Earlier this year, UP-Rera had issued an order, asking the builder to refund the amount paid by the buyers. However, buyers claimed that the order has not been followed.

The buyers also informed that the CEO, Diwakar Sharma is lodged in jail and other company directors are not accessible. “We seek cooperation from respective authorities,” Akanksha Agarwal, a buyer said.

Vineet Jaswal, SP (rural), Greater Noida said, “The buyers’ complaint will be forwarded to Rera. It is up to Rera to take necessary action.” Brijesh Kumar Sharma, the only director whose phone number is available on record, could not be contacted when TOI called him up.

 

NEWS SOURCE:  https://realty.economictimes.indiatimes.com/news/

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