Green city — Refund for a pre launch

Dear Sir,




I had booked a 200 square yard plot in Sept 2006 with GeenCity Buildtech Pvt. Ltd. A-3, Sec-59, NOIDA at their Bhiwadi NRI City project with a view to build my house. I had paid a booking amount of Rs. 200, 000/- ( Rupees Two Lakh) in Sept 2006 and was informed by their dealer, that I would get the allotment in early 2007 after the Rajasthan Govt. gave its approval of 90-B--i.e. the license, to the builder. However, M/s GreenCity failed to obtain the requisite license and the delay is already over two year.



As per the agreement with Green City through their dealer, in case they are unable to offer allotment for whatsoever reasons within 9 months of application, they are liable to refund the full amount of Rs.2 lakh plus 11% simple interest i.e. from May 2007 onwards (i.e. 9 months from the date of booking) upon 30 days notice by me . So how can they withhold my refund?



Earlier in Feb 2008 when I used to call their staff, there were a lot of excuses like income tax raid at our office we are not giving any refunds as there is no money, M.D. has refused refunds such and such staff is on leave all staff has gone to Vaishno Devi etc. Later their staff blocked all communications---they did not pick up their mobile phones (Nos. [protected], [protected], [protected] etc.) despite my having called them 50 to 60 times in the last one month of course they never got back to my missed calls. Even their receptionist (tel.no.[protected] says she cannot fix my meeting with the M.D. as his itinerary is never known. Since mid- Jan 2008, they have either cooked up cock and bull stories so as not to pay up the refund and as of late they have successfully thwarted all my efforts to communicate with them.



This builder is a cheat for the following reasons:



1. Pre-launches are banned by the Govt but he collected money from the public which was illegal. Frankly I was taken in by the high pressure advertisements in dailies like the Times of India and Hindustan Times which appeared continuously and frequently for months. When I booked it I admit I didnt even know there was a ban on these pre-launches. Later I was surprised how the Government was allowing this hoodwinking by such builders.



2. The 306 acres of land that he claims he owns in Bhiwadi is neither in his name nor in the companys name. Upon my insistence, I was shown some photocopies of land sale-purchase deeds of some fragmented pieces of land now in vague names that he claims to be his cousins or relatives. So where is the land? And how much? To deceive people he has put a Green City billboard on a one acre piece of land in Bhiwadi almost 8-10 kms before where his relatives may be holding some land in their names. Other builders like Piyush City and M-tech who started at the same time and were more genuine have already got approvals and made considerable progress. The intentions of green City are, however, suspect!




3. He has been fooling us for over two year that the license is just a month or two away. In Oct 2007 he admitted the delay and offered to transfer our money to his other projects



4. Fearing that investors are getting restless and will ask for their money, to allay their fears, the builder has now, in March 2008, issued some frivolous and phoney offers of allotment to investors without even getting Rajasthan Government approval for the project. Where is the land in Green Citys name?



5. A similar thing had happened when last year in Mar 2007, he asked us for the 1st instalment ( actually 2nd if booking is considered 1st ) which he should have asked only after offering allotment . To entice investors he offered a lollipop 5% discount as Holi Bonanza and some people got fooled and actually paid up but regretted.



6. Progress in his other projects in Panipat, Dharuhera, Agra is almost nil despite his claim of licenses having been approved. There is only one sample flat in Dharuhera to entice more investors. His motto is--talk big to collect maximum money from fooled investors-but do little so that no money is ever spent. God only knows (actually the Govt. should) where all our money has been siphoned and what he is doing with it! He has been claiming that his upcoming projects are Ghaziabad, Jaipur, Lucknow, Meerut, Mohali, Rohtak, Sonepat, NOIDA, Greater NOIDA, Gannaur, Kundli, Rewari, Neemrana actually none of these are in sight or in existence. These are apart from Bhiwadi, Panipat, Agra, and Dharuhera, his ongoing projects where too progress is negligible. So he claims seventeen projects without even owning land at most of theses places. And of the little land where ever he owns, actual progress is nil. This itself is reason enough to believe that this builder is a big time fraud and will vanish with our money.



7. Another suspicious move of this builder is: He has closed down two of his three offices. Delhi office: 1008, Ansal Bhawan, New Delhi has been shut down and so has been his branch office: J-10-11, 2nd floor, sector-18, NOIDA Only his corporate office-- A-3, Sector-59, NOIDA remains now. After having collected huge money from the public during the property boom, will this builder do the vanishing act soon? Will he loot our hard earned money and scoot?



8. When one investor asked for his money with interest, the M.D. Mr. Jitendra Chowdhary and one of his friends (who claimed to be a lawyer) even claimed that he is not liable to pay any interest to investors as the so called agreement does not hold ground as per law and is a useless piece of paper. And as we looked up our papers, we have discovered that this street-smart cheat has resorted to another trick. The paper has been made to show as an application by us for booking the property with clauses and the paper has been only stamped by the dealer, with no signatures by the dealer or builder ---very smart so the intention to cheat and fool the gullible public was already there in Sept 2006 when I booked the plot. This we have discovered now to our dismay.



9. For the past 3 months he has been resorting to dilatory and very evasive tactics. He is not releasing/ refunding my hard-earned money over which he has no right whatsoever. The deal has fallen through as he has not been able to deliver his promises. From the above facts and incidents, I am convinced that Mr. Jitendra Chowdhary, M.D. and his staff is a bunch of thugs and cheats. I request you to kindly investigate/ register a case against him and his company and help me get my hard-earned money back before he goes underground.You Can pls me call for more Information Kindly help



Thanking you,

Sincerely,

Vijay Bhatia

C2D/36 A

Janakpuri

New Delhi

Ph [protected]