Jaypee Developers — subject: non refund of amount against cancellation of project by jaypee infratech ltd

We would like to inform that we have booked the following apartments in tower-1, buddha circuit studio - ii, jaypee greens sports city-east in the year 2013.in this regard we have already paid 40% amount for the above property but time has been crossed more than three years & nothing has been done till august 2016 & no information received. But after visiting their office on 26 august 2016 by us they informed that they were not going to start this project due to fund problem & project was cancelled. They asked to apply for refund of my amount & we submitted the application accordingly on 26 august 2016.in response to this, jaypee send email to us that the full amount will be refunded with 12% interest within span of eight to nine months after approval from management. But they informed on 12th january 2017 the first cheque of rs.1 lac of each will be issued in the month of february/march 2017.in this regard we have not received any information as on date.
We both are senior citizen & we put our all savings through hard earned money in this property & at present we are helpless.
At present i am heart patient & no source of any income, even not having any pension. So at present we badly need of money for survive.

Rakesh kashyap
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