[Resolved] M-Tech Developers — Refund my money

 
69 Reviews
India
 sudhir guglani
. I requested M-TECH Developers (CEO Amit Jha) on 29th Sep 2007 for the cancellation of my booking of above said Flat and return my money I paid so far. He took the original receipts of payments I made and cancelled the booking of the flat but didn’t return my money. I have visited their office 15-20 times and have called up ten’s of time just to get the cheque for the paid amount. Finally I received the cheque dated 22nd Nov 2007 which is 2 months after the date I applied for.

The cheque I received is not signed properly by the authorized persons and it is not being accepted by the Bank Personnel. When I went back to the Developer and asked him to either rectify the mistake or give me the Bank Draft against the cheque he refused for both. I am still following up with Amit Jha (CEO M-TECH Developers), he doesn’t receive the calls and when I talk to his Personal Assistant (Arvind Aggarwal) he misbehaves with me and doesn’t talk to me properly. So far I haven’t received any positive reply from either of them.

Whenever I visit their office I see a lot many customers like me hanging around to get the Bank Draft against the cheques which they have received and are getting bounced. This shows that this Developer is not at all reliable.

I request you to please get my hard earned money back ASAP as I am in urgent need of it.


Sudhir Guglani
[protected]
Complaint marked as Resolved 
I got my money back, I had to follow up with the local police station Sriniwas puri the police officials helped me get my money back.

Complaint Status


[Jun 26, 2014] M Tech Developers customer support has been notified about the posted complaint.
Complaint comments  68 Comments     Updated: Share0Tweet0

Comments

chequ — refund my money

To the DGM Sbi new delhi
my name is manoj Kr sharma my A/c no: [protected] swasthya vihar branch ph no: 22462467 delhi my A/c cheuq deposit kolkata. date 30/4/08 Rs 400000.00 transfer to delhi sbi to wrong charge Rs.1633 my complent is branch maneger swathya vihar delhi 110092 date: 3/5/08
no action for my complent in your branch
sir look my meter and take the action refund extra charge
thanks
Manoj kumar sharma
M: [protected]
im also facing same problem ... and can't find any solution mr. Amit jha isnt pick d fone and Arvind aggarwal misbehaving asusall and some of M-Tech employee said that take legal action against him ...
I am also going up with the same problem...do call me and we will try and make a group to take a legal action
Dear friends

This is to keep you posted and informed as regards M-TEch developers that I have already filed a complaint under section 138 of the NIA act against the directors for dishonour of cheque and have also filed complaint in the District Forum for grant of compensation including refund of the money. The allegations are a) Arbitrary deduction from the amount paid at the time of refund of the amount by cheque b) post dated chques which were issued have been returned unpaid on behalf of my dear friend Mr Yuvraj Sharma. I have prayed for that M-Tech Developers are liable to pay interest on the amount for the entire period and compensation for mental agony and harrasment besides cost of proceedings.

Please note the process may taken 6 to 8 months however it need to be started. Merely telephoning Mr Jha the COO or the MD may not help.

An association can be formed of the aggrieved investors and a collective action can be taken before the District Forum or MRTP Commission.
Hi,
My money is also stuck with M Tech. They are not willing to repay it back. I shall form part of assosiation to take legal step against them..

Regds
Amit
Hi everyone I am also facing similar problems.Cheque bouncing, pay order/DD not being given.etc etcplease tell me how we can take collective action to get our money back from M-Tech
Dear friends

This is to keep you posted and informed as regards M-TEch developers that I have already filed a complaint under section 138 of the NIA act against the directors for dishonour of cheque and have also filed complaint in the District Forum for grant of compensation including refund of the money. The allegations are a) Arbitrary deduction from the amount paid at the time of refund of the amount by cheque b) post dated chques which were issued have been returned unpaid on behalf of my dear friend Mr Yuvraj Sharma. I have prayed for that M-Tech Developers are liable to pay interest on the amount for the entire period and compensation for mental agony and harrasment besides cost of proceedings.

Please note the process may taken 6 to 8 months however it need to be started. Merely telephoning Mr Jha the COO or the MD may not help.

An association can be formed of the aggrieved investors and a collective action can be taken before the District Forum or MRTP Commission.
Are they doing anything on Site ?
Mtech developers have closed their office in Lucknow overnight, on phoning their Delhi office they have no reply on when they will give the refund. Our money is blocked with them & I feel they have run away from Lucknow with our money after Mayawati govt cancelled their Licence. Please advice what to do.
HI, I M PARVINDER SINGH

SAME PROBLEM WITH ME I HAVE BOOKED A VILLA IN M-TECH BHIWADI CAMEILA GARDEN AND I WENT TO THIER OFFICE TO CANCEL THIS AND THEY DONT EVEN REPLY ON PHONE AND WHEN I VISIT THIER OFFICE THEY WAIT FOR SOMETIME THEY DONT WANT TO REFUND MY MONEY THEY SAY PAY MORE AND THEY WILL GIVE ME ALLOTMENT PAPER, BUT I DONT WANT TO GIVE THEM MORE MONEY.

WHEN I ASK FOR REFUND THEY TELL ME TO GET THE NO OBJECTION FROM THE DEALER SOME SAHIL ESTATE WHEN I CALL THEM THYE ASK ME TO PAY THEN 2 LAC ONLY THEN THEY WILL GIVE ME NO OBJECTION EVERYONE AT M-TECH IS NOT READY TO LITSEN PLS HELP US ALL

PAVINDER SINGH
[protected]
Dear Friends,

We have been taken for a ride and it is a scam. We have to take immediate action by getting together as soon as possible and plan our move collectively. Individually we do not have a chance, but if we all meet and get together, irrespective of the project you applied for, we have a strong chance of getting our money back.

We need as many persons in our endevour to prepare our case. M-Tech will not listen to anyone, as they have already siphoned all our money and these projects are all ficticious.

Walter Johnson
Yesterday alos i visited their office & mr Jha has nothing but to give repeated assurances. Its high time that these people get punished & we get our money back. Earlier in 2007, Star News had carried a report & they frantically refunded the amount. If anybody has some connection with a News Channel, then their services can be availed to put pressure on them.If nothing else, then atleast we all can meet at thier office on a fixed date & time, so that we could be HEARD.
Regards
[protected]@gmail.com
HI,
I HAVE INVESTED IN ONE OF MTECHS PROJECTS, 3YEARS BACK, NO PROGRESS TILL NOW, NEED UR HELP
REGARDS
INVESTOR-[protected]
Hi
I too booked a plot in Camillia Garden Phase II and never got its allottment. I paid more than 2 Lakhs.When I went for cancellation, they tell me about NOC etc from Agent and i can see from their face they are just fooling around.
I can also see a lot of other people here who are having their money stuck and it seems a big scam.
1. We meet up and form a association to take collective action.
2. We need to form a separate group online. I think one group already exists, if not then i ll create one.
3. Pool in some money, consult a lawyer and take legal action.
But for doing all this we need regular meetings. Suggestions are welcome.
Hi All

Well i am also one like you guys, can we make a groop and start some kind of legal action against them

Regards
Gupta
[protected]
let us start the group. If anyone knows the media contact then do let us know. I will be back in Delhi in 2 weeks time, then we can meet face to face as well.
Hi,

I am glad, I checked this...I was about to make another payment to Mtech...I have already paid good amount.. This is pathetic that we work our hearts/body out for this hard earned money and these guys have no respect for it. I am eager to join the group and take money back. I guess it's best to take a ready flat though it may cost somewhat more.

I have visited site at Bhiwadi 3-4 times, looks like they have made progress but it's dead slow progress.
I fully agree to the complaints of M-tech. I would like to know how this m-tech builders can be handled.
I am an investor in M-Tech Camilla Garden Ph-II project in Bhiwadi, Rajasthan. I booked a plot in it in early 2007 and still waiting for any further news on it. They say that they have still not received the 90-B license. I recently went into the Ashram office in New Delhi and asked for refund of my money alongwith interest to which they refused saying that refunding back with interest is not the company policy.

I have recently checked into numerous complaints filed by other investors into their silmilar schemes and it really looks like this is a total fraud company. We investors having put our hard earned money have been duped by these handful of cheaters.

Why don't we all come forward on a single platform and put pressure on them for refund of our money alongwith interest and compensation for the mental agony. Remember, working in a group will sure make them come on their knees rather than doing efforts individually.

Pls come forward to form a group first and then approach some agency which can come to our rescue.

Thanks,
Hi all,

We need to meet once, I have an idea to bring this companies fraud in front of the people and also have idea to get our money back but for this I need support of all the people who had invested in this company.

So lets co ordinate with each other and fix a meeting to finalise about my action we are going to take against them.Intersted people do call me for the meeting.

Regards,
kumar.
[protected]

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    M-Tech Developers - Refund my money