Amrapali Group — Non delivery of golf home project

Address:New Delhi, Delhi, 110092

It has been long to hear anything positive from mr ak sharma - chairman amrapali group. Note that the project has been started in 2009 and most of the people booked the flat by 2010 and all have been assured by the entire team of amrapali group that delivery would be 2012 but nothing has been done in this regard. After that kisan protest came in lime light and due to legal complication amrapali halted the project and somehow it has been restarted with the assurance of delivery of project by 2015 but total 7 years has been passed and nothing is proceed at the site. Most of the people have paid more than 90% payment but now amrapali has halted the project due to non availability of material, labour and payment to staff. It is quite surprising that the person who contested ls election in 2014 having networth of more than 825 crores (See all article of anil sharma amrapali lok sabha election in google) is now running of short of money. Despite no payment to labour no material purchse and good inflow of all buyers still they don’t have money. After pressure from media and news they have assured that work would commence soon and they have started a help line as well but with again false assurance with all vague answers. Through media pressure they have set up temporary questions/ answers session but those were again pre-fabricated and well planned answers. We all buyers are running from pillar to post and paying expensive emi and rent as well but there is no sign of early construction and commencement of work. And moreover their own labour is on strike due to non payment and entire golf home site is stand still and office is occupied with cunning people who are expert in giving vauge answers or threaten with legal complication and create fear if anyone talks about legal terms due to one sided signed contract. We have strong fear that now mr ak sharma is going to be bankrupt or flying away. Due to one sided legal contract signed by buyer, he is waiting for legal remedies into it as it is solely one sided contract, he will have escape route in it, as he himself wants people should go legal and he can stand in front of law that he has nothing to do with it or he doesn’t have any money but having so called pure intentions but what about all innocent buyers who have invested. We have questions in mind

A) what will noida authority do in this matter as we have paid more than 90% payment to amrapali?
B) whether amrapali have all legal clearances of the project or not? If yes, all buyers must need copies, if not then why project has been flagged off?
C) what is far sanctioned and what has been made? If there is difference? Then do they have the approval or not?
D) whether amrapali have paid entire amount of land to authority or not? If not? Then how bank finance the project?
E) what is the condition of completion certificate?
F) what is the financial condition of all amrapali group as on time related to golf home project? Is it into loss,
G) how come he contested ls election and showed networth of more than 800 crores? Was it his own money or simply playing with buyer’s money?
H) have they open escrow account of this project or not? Or they have the legal escape route in it?
I) what is idea behind opening charity hospital and given to daughter and and son-in-law? Is it escape route or diversion of funds?

Also need to ask the auhtority following?
A) what is the total area of land allotted to amrapali and under conditions?
B) all conditions has been fulfilled by amrapali or not
C) far allotted to them and far used by them?
D) any security for buyers or not?
E) what is government role in interest of buyer’s interest and save them

We need answers and justice in interest of fair practice of work. We do not want up to become most corrupted states in terms of investor trust.
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