[Resolved]  IndiaBulls — Reply to the Notice Received under SARFAESI Act, 2002 for the Home Loan A/c:: HHLNOI00202980

Dear Sir/Madam

I am Rachna and I am the owner of flat in Supertech Eco Village 4(Flat number - J2/1706) in sector 16B in Greater Noida for which I have availed the home loan from Indiabulls.
I would like to confirm the receipt of your notice sent (on 3rd Jan 2022) to me against my Home Loan – HHLNOI[protected] under SARFAESI Notice section 13/2- Ref Number 14099/ HHLNOI00202980.
I would like to assure you that I am working day and night for getting this settled as soon as possible.
This is very unfortunate that we have to work in such a situation which is not caused by either o[censored]s but by the third party which is the builder in this case – Supertech Limited.
As per subvention scheme, Supertech was supposed to pay the pre- EMI until possession is offered (which Supertech failed to comply).
I still managed to pay many EMI from my end and had to stop in the end seeing builder doing nothing -neither in construction nor in EMI payments.
I had filed the case against the builder in Rera court seeking full refund (post done everything from my end to convince the builder for keeping their promise to pay the EMI until possession).
I am very happy to announce that ownerable Rera court (Greater Noida bench) has issued the RC(recovery certificate) in my favour directing Supertech to refund the full amount with interest.
I am in process of executing this RC now and in contact with Allahabad High Court lawyer and DM(district Magistrate) of Greater Noida.
As soon as the RC gets executed, I will settle the outstanding loan amount.
I would request you to DROP any further processing with regard to SARFAESI act processing until my RC gets executed.
I will keep you posted on the RC execution progress.
I would expect any further communication also to be sent to my mail ID - [protected]@gmail.com and my husband’s mail ID – [protected]@gmail.com as he is the co-applicant.

Thanks & Regards

Rachna