[Resolved]  Ansal API — Project not approved - Sushant Megapolis (Freesia Terrace)

Address:Bulandshahar, Uttar Pradesh

I am Deep, from Delhi. Me and my husband, jointly have invested into a flat (build up unit) by Ansal API - Sushant Megapolis (Freesia Terrace) in Adjoining Greater Noida in March 2012 in the payment linked plan.We have paid 25% of the build up unit cost and then we applied for the bank loan at HDFC, the bank took processing fee from us and get the loan approved. During our appointment with the bank in the month of Sept 2012 we got information that the Project is not approved by any bank for the loan. Since then we have been asking Ansal API Greater Noida Sales Head and CEO with more than 5 email reminders and several phone call regarding projects approval and constantly they are replying back that project will get approved shortly. From Sept 2012 - till date same response is coming from them. Recently in Dec 2012, we have also asked them to share the process to refund my 25% Payment with interest charges and the bank loan processing fee, but now there is no response from them.Despite of this is going on they are sending us demand letter for more money and charging us the interest on the unpaid amount also.Please suggest the best way to get my 25% payment back from Ansals API. I was shocked to see yesterday announcement that they have 2000 cr sales in last 9 months. I am sure people like me are part of this big amount they have taken from public
Thanks
Deep
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Aug 13, 2020
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ANSAL API — Megapolis Fairways Apartment

I have booked one apartment in Ansal API project megapolies (Fairway).Till date developer is not providing any progress details.My reque in this projectst to all of you please don't book any plot or flat in this project this is a flopp project.
Dear Deep Kaur,

My name is Deepak Jain and i also booked in Freesia and facing same kind of issue so can u share your contact details or call me at [protected].
.The project is a scan in itself.-They dont have the land yet-The connectivity has been pending for 6 years and would take another 6 years.-The diverted funds are being used in other projects-The project is under dispute from various factions - environment ministry, villagers and investers.-They can cancel your allotment in case they are unable to acquire land without giving any reason and pay no interestFor
Details :
http://www.indianrealestateforum.com/real-estate-greater-noida/t-ansal-megapolis...
Dear All,

Please come on the below online platform make strengthen our unity against these builders. Please like this page and join to discuss our issues.

https://www.facebook.com/ansalfairway

Warm regards,
vivek Anand
Hello,

Kindly contact me in case of fighting legal battle against M/s Ansal API

Regards,

Harsh Parekh
Advocate
Email : [protected]@gmail.com
[protected] (M)

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