[Resolved] Shreya Developwell Pvt Ltd — Delay in completion of your project | |
To, Managing Director, Shreya Developwell A- 8 Swasthya Vihar , Vikas Marg New delhi Sub: Delay in completion of your project Dear sir, My name is Viswas Bhatt and I have booked a flat in your scheme called Hindon Heights in Jasmine -II tower. The company has committed to give possession till august,09. However the truth is that the construction speed at the site is very slow almost stopped for last six months and more. I have checked other builder’s site also and found that their speed of working is normal. All the other projects which were started after shreya develop well have done well and are very well ahead of shreya. All this creates several doubts in my mind and I need clarifications on following points: 1) I believe that the funds which were supposed to be utilized for this project have been diverted to some other project by Shreya Develop well and due to recession in real estate market during last year this fund either has blocked or lost somewhere. 2) There is some legal hurdle in the project and company is hiding the facts from us. 3) The date of completion of the project is in dark and company itself does not know the deadline of completion of project. Since every time when I go to the site, the marketing executive there give different dates of completion and they are even not sure of it. 4.) There is a feeling of insecurity within us that our money has been invested somewhere else and company is having crunch of fund to complete the project timely. 5.) Keeping the faith in your company I had chosen the scheme of cash down payment and has paid 95% amount of the flat in advance which seems to be such a foolish decision on my part. I have been paying EMI since Jan,08 as well as rental of the house I am living in. I am not able to meet my financial requirements due to delay from your side and bearing double burden and do not even know for how long this burden has to be borne by me. 6.) Under income tax act I can take the benefit of the EMI of the loan I am paying only if the possession of house is given. If I do not get possession in the year 09-10 I will be losing income tax of 30% on 150000 which is 45000 annually. As well I will have to do investment of Rs. 100000 to save my income tax which would be additional burden on me which otherwise would have been met by principal portion of my loan EMI. 7.) There is a clause of penalty of Rs 5/- per square feet in the agreement with us and the period of penalty will start from August, 09 in my case. I doubt that there may be some loop whole in this penalty clause also and company will find some way to escape this penalty In the light of above I am very insecure and feel cheated by the company and have a doubt whether company will fulfill its commitment or not. Kindly clear the status and revert me so as to make me take further course of action. Regards, Viswas Bhatt G-106, Patel nagar-3 Ghaziabad(U.P.) Moble: [protected] Customer code: HH-733 Property no.-Jasmine-II/605 Project: Hindon Heights Was this information helpful? | |
Aug 13, 2020 Complaint marked as Resolved | |
 24 Comments | |
Comments
We had also booked 2BHK, flat no.202 and 3 BHK 602 in the above scheme.
we had booked one plot also.
but besides every month visit, the situation remained same. NO PROGRESS ...FALSE PROMISES by SHREYA officials...
One gentleman Sanjeev always told lies.
They have good lineup and understanding with Banks from whom we took loan.
Almost 50 investors have reported from ghaziabad . There is a association formed by Mr. P.C.Goyal, 200(kothi no, i am forgetting this moment), Sector 8, Ghaziabad...He is president of this association... He have lodged cases in consumer forum'
my contact no. in india[protected]. I am NRI and have been cheated by the company Shreya...they have taken 10 lacs as booking ammount. and GIC, Noida are pressurising us to pay EMI.
I had met them in Nov. 10, 2009 but they are also a part of Shreya.
Even PC Goyal may be also their relative. I have paid him /association 6000+12000=18000, charges for filing a case . he was telling that he has lodged case in consumer forum as well as national consumer forum.
but nothing is done so far...
Pl. meet with him if you feel comfortable.
In short we all investors are badly cheated...
shreya have stopped work since dec 2008 and till tghis date no progress.
They have purchased lands in major cities and have opened a office in Yojna vihar, near kadkad dooma court, delhi
we had booked one plot also.
but besides every month visit, the situation remained same. NO PROGRESS ...FALSE PROMISES by SHREYA officials...
One gentleman Sanjeev always told lies.
They have good lineup and understanding with Banks from whom we took loan.
Almost 50 investors have reported from ghaziabad . There is a association formed by Mr. P.C.Goyal, 200(kothi no, i am forgetting this moment), Sector 8, Ghaziabad...He is president of this association... He have lodged cases in consumer forum'
my contact no. in india[protected]. I am NRI and have been cheated by the company Shreya...they have taken 10 lacs as booking ammount. and GIC, Noida are pressurising us to pay EMI.
I had met them in Nov. 10, 2009 but they are also a part of Shreya.
Even PC Goyal may be also their relative. I have paid him /association 6000+12000=18000, charges for filing a case . he was telling that he has lodged case in consumer forum as well as national consumer forum.
but nothing is done so far...
Pl. meet with him if you feel comfortable.
In short we all investors are badly cheated...
shreya have stopped work since dec 2008 and till tghis date no progress.
They have purchased lands in major cities and have opened a office in Yojna vihar, near kadkad dooma court, delhi
advmegha's reply, Jul 31, 2019
Hei Mr. Sushil,
I am an advocate by profession and have got relief for one of my clients against the same developer.
You can also contact for further details or advice.
Regards
Megha
9818032322
I am an advocate by profession and have got relief for one of my clients against the same developer.
You can also contact for further details or advice.
Regards
Megha
9818032322
Recently, in some cases which I fought in Consumer Forum on behalf of my clients, the recovery has been effected from Shreya Developwell. My contact No. is [protected]
I recently visit the 124 AGCR office of Shreya Developwell and it seems court has sent him the notice and sealed his property.
Those who believe we have to explore other alternatives as well apart from court cases and police complaints (as both are not working) then please contact me on my cell to discuss for options available with us. Approaching media with national reach to build some pressure could be one such solution...
United we stand, divided we fall
Vikas
[protected]
United we stand, divided we fall
Vikas
[protected]
Can any body has update as to how many cases are going on against Shreya and what is the status . has any investor got his money back till date.
How many court decisions have come till date and what do they contain.
Viswas Bhatt
[protected]
How many court decisions have come till date and what do they contain.
Viswas Bhatt
[protected]
i visited the site yesterday and found that the site has been deserted. But i have not found any court notice there whihc tell us that the site has been sealed by Court.
Some nearby shopkeeper told me that police force came and got the labour ruan away from there.
Who sent that police force. Is is outcome of some court case or other wise.
What is the status of the cases being fought be PC goel and association.
Viswas
[protected]
Some nearby shopkeeper told me that police force came and got the labour ruan away from there.
Who sent that police force. Is is outcome of some court case or other wise.
What is the status of the cases being fought be PC goel and association.
Viswas
[protected]
Dear Investors,
Some of my clients whose cases I fought in Consumer Court, have got their investment recovered. If you are also interested, please contact me at [protected] [protected]@yahoo.co.in
L.G. Dass, Advocate
[protected]
Some of my clients whose cases I fought in Consumer Court, have got their investment recovered. If you are also interested, please contact me at [protected] [protected]@yahoo.co.in
L.G. Dass, Advocate
[protected]
Vishwas
He got the notice from GDA to close the site permanently as they declared him defaulter last month. The reason I heard from his inside sources is he didnot submit the amount due to GDA related to this property.
Releted to EDC/IDC charges, I believe.
regards
Deepak Duggal
He got the notice from GDA to close the site permanently as they declared him defaulter last month. The reason I heard from his inside sources is he didnot submit the amount due to GDA related to this property.
Releted to EDC/IDC charges, I believe.
regards
Deepak Duggal
@L.G. Dass, Advocate
Dont make people fool, share the details with us regarding what you have done so far. And what is your expectation from us(in terms of money).
Dont make people fool, share the details with us regarding what you have done so far. And what is your expectation from us(in terms of money).
As I have already stated, in some cases which I persued in consumer forums/courts, orders favourable to the consumer/investors have been passed and even the recoveries have been made from Shreya Developwell. If someone is interested to approach to the consumer court, he may contact me at [protected] L.G. Dass, Adv
Dear Investors
There is no question of making anybody fool on my part. The only solution to get recovered the amount from Shreya Developwell is to approach the consumer court first. L.G. Dass, Adv [protected]
There is no question of making anybody fool on my part. The only solution to get recovered the amount from Shreya Developwell is to approach the consumer court first. L.G. Dass, Adv [protected]
Mr. L.G.das do you know any advocate can't advertise their profession and service. you are violating the rules of advocate act.
friends i met Mr P.C goel last sunday at their resisdence regarding my grievences against shreya developwell. I am also a victim of shreya developwell and i am also a practicing advocate at ghaziabad. I have cheated 130000.00 Rs through an advocate Mr S.P.Singh(sehashtra pal singh) . he has given me false assurance last five years but know condition is very severe. they have shut their office at ghaziabad as well as delhi.shreya developwell is well organized white coller criminal gang and S.P.singh is a main member of this gang he is the person who only knows the whereabouts of rajeev gupta. I met Mr goel for my help and i hoped that they will help me but beside my help he demanded 10000.00 Rs. i was shocked i said him that i want help but he refuse to share any information regarding cases. friends i think Mr. goel is working for their profit. know i have collected vital information regarding rajeev gupta director of company . any person who is agrived and cheated by the company can approch me for help. i am going to file an F.I.R against the directors and gang members of this company and i hope they will arrest very soon. any person who has any information regarding this he may contact me my mobile no. [protected] ashok kumar sharma. [protected]@rediffmail.com
friends in the above comment amount is 1300000.00( thirteen lakh) which had been cheated by them.
Hi,
I have also booked one of Flat in Hindon Height under Shreya Developwell since project was under suspect I jave intitited for refund of my booking money.But Shreya is just avoiding to refund the same.Can any body suggest how to take it forward and recover the money.
Regards
Dinesh
[protected]
I have also booked one of Flat in Hindon Height under Shreya Developwell since project was under suspect I jave intitited for refund of my booking money.But Shreya is just avoiding to refund the same.Can any body suggest how to take it forward and recover the money.
Regards
Dinesh
[protected]
Hi,
I suggest we should fight the case jointly instead of individually, PC is doing his best as a secretary of the association, he got more than 85 members, we need to strengthened our association to fight with the gang of cheaters and put them behind the bars.
Thanks,
Anil Sabharwal,
I suggest we should fight the case jointly instead of individually, PC is doing his best as a secretary of the association, he got more than 85 members, we need to strengthened our association to fight with the gang of cheaters and put them behind the bars.
Thanks,
Anil Sabharwal,
In some of the cases, orders have been passed in favour of consumers and recovery has been made from Shreya Developwell. If interested, pl call [protected]
I hav also has been duped by Shreya as i booked a flat 3bhk in 2006 but analysis of all the posts lead us to conclude that first shreya is the cheater and now the other agencies are reaping the harvest .After one blow it becomes very difficult to trust even any lawyer.All mint money .
Dr Shikha Saxena
Dr Shikha Saxena
I would request all the victims to atleast filed the Police Complaint if not done yet in Anand Vihar, Police Station followed by notice through your lawyer/advocate. High Court/SC change the rules recently where in, if any complaint filed against the builder by the victims then builder has to deposit the 10% amount of the Property in Court in order to start the proceedings for every case.
Scenario
1) 20 cases by different victims
2) Each victim holds 1200 sqft flat @35 Lakhs each
3) Against every case, builder has to deposit, 3.5 lakhs in court (non-refundable).
4) 70 Lakhs to be deposited by the builder
Just think of the scenario, I am sure he will try to settle the matter out of court and if you agree to will at least get the Principle amount and then it depends on your negotiation skills to get the interest on the principle amount. I understand the whole process will take some time but I am sure you will see some progress.
I did the same in January 2013 and based on my complaint, Shreya representative called me up and asked me to come to the office to sign an agreement. As per agreement, he confirmed to refund the entire Principal Amount by May 2013.
And till date(18-July-13), I received 3 Lakhs out of 4.65 Lakhs. But again, they stopped the refund of balance amount. I am planning to go to Police Station to file another complaint for harassment, Extortion and cheating against Rajeev Gupta and team. Also planning to send another letter to Shreya to inform that this agreement stands cancel and now I want Interest part along with the remaining principal amount.
Overall, I am happy with the progress I made without the help of association.
Positives:
1) Recovered 65% of Principle amount.
2) Saved one time fees which people are paying to form the association and small amount against each hearing to Lawyers.( I am 100% sure that the lawyers are in touch with Rajeev Gupta and his team and giving them vital information.
3) Direct meetings/dealing with Shreya representatives
Negatives:
1) Lose Interest part
2) Still 1.65 Lakh balance pending with Shreya ( I am sure they will refund without getting into the complexities of another Court case).
Deepak Duggal
deepak.[protected]@gmail.com
Scenario
1) 20 cases by different victims
2) Each victim holds 1200 sqft flat @35 Lakhs each
3) Against every case, builder has to deposit, 3.5 lakhs in court (non-refundable).
4) 70 Lakhs to be deposited by the builder
Just think of the scenario, I am sure he will try to settle the matter out of court and if you agree to will at least get the Principle amount and then it depends on your negotiation skills to get the interest on the principle amount. I understand the whole process will take some time but I am sure you will see some progress.
I did the same in January 2013 and based on my complaint, Shreya representative called me up and asked me to come to the office to sign an agreement. As per agreement, he confirmed to refund the entire Principal Amount by May 2013.
And till date(18-July-13), I received 3 Lakhs out of 4.65 Lakhs. But again, they stopped the refund of balance amount. I am planning to go to Police Station to file another complaint for harassment, Extortion and cheating against Rajeev Gupta and team. Also planning to send another letter to Shreya to inform that this agreement stands cancel and now I want Interest part along with the remaining principal amount.
Overall, I am happy with the progress I made without the help of association.
Positives:
1) Recovered 65% of Principle amount.
2) Saved one time fees which people are paying to form the association and small amount against each hearing to Lawyers.( I am 100% sure that the lawyers are in touch with Rajeev Gupta and his team and giving them vital information.
3) Direct meetings/dealing with Shreya representatives
Negatives:
1) Lose Interest part
2) Still 1.65 Lakh balance pending with Shreya ( I am sure they will refund without getting into the complexities of another Court case).
Deepak Duggal
deepak.[protected]@gmail.com
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