Jaiprakash Associates / Jaypee Group Complaints & Reviews

Hi Sir,

Pls update on the FD status of the following folio No.00364633 as it got renewed on 9th Oct 2015.
But still no update about the deposit… We couldn’t contact through Phone too…
It is a very long delay… Take it on priority and close this issue.
Almost amount of Rs.36305 is on hold.. and no interest is given for the hold period…
We are in need of money for urgent requirement.Take it in priority and settle the amount.

I have booked a house in April, 2014 at Boulevard Court Apartments, Tower B01 in Jaypee Sports City, Greater Noida. Till the date there has been no progress and the construction has yet to start. By personal visit to the office and many mails have asked for a refund. Sadly there is no response.

It is most unfortunate that company of such reputation is causing misery to me and many other people.

FRAUD JAYPEE

We need to file a suit collaboratively & seek interest on the Booking Amount.

Regards

Shobha Kandpal
[protected] Customer ID JSEBCB010303

I booked a studio apartment in 2013 in budh circut studiotowers phase 2 in jaypee greens sports city. I have invested rs 7, 30, 000 till now in installments and no construction is going on. The company is refusing to refund my money and neither they are building any apartments. Customer care centre do not give any information the company is fruading me as a customer and all. I want is my refund of rs.7, 30, 000 hard earned money and all the applicable interest of 18% on it.

My FD of Rs. two Lakh in the name of my wife receipt no. 00367666 matured on 5 Oct., 2015. All required documents were submitted, but till now did not get any reply regarding the reimbursement inspite of my repeated emails and registered posts. In the website, company is claiming that company law board (CLB)/NCLT has granted three or six months extension. As soon as the date approaches the CLB again extend the date for next period without considereing the harassment to investors and without posting a single line of assurance to the investors. There s no mention in this notice of the last date for which the company has cleared refund. I request that the matter may be taken seriously.

Sir,
My fd # 00378680 matured on 20/11/2015. Duly discharged fdr already sent to jal.
Having not received the maturity amount we made many phone calls and wrote many letters/emails to the respective authorities. Normally on phone staff were to hardly to get by, and on our rare lucky day if phone was received by staff we got the same reply that it will take few months for repayment.
Please help us getting our repayment.
Thanks.

Aruna k. Shah,
Mumbai.

I have booked studio apptt from my gpf fund in the year 2013. However tilldate nothing has been heard from the company. Please basked company to give uptodate. Inspemt 15 lacs for the booking of two apptt from my retirement funds hoping some appreciations but I was wrong. Company has cheated us and keep our had earn money without any justifications. I want to file case against company for return money along with interest.

I have invested in Jaypee Associates fixed deposit scheme via FDR: 00413760 [Maturity Date: 08 May 2016] for which maturity amount has not yet been received as of today. When we call at Jaypee Associates office [at sec 128], we are directed to FD department where no-one picks up the phone [be it any time of the day on any day].

Have already sent the FDR certificate to your regd office for redemption around maturity date.
Could you please update us on whats the current status and when are we going to get the maturity amount?

I had booked 1bhk flat in budh circuit 2 studio apartments in 2013. After depositing 8 lacs there had been no communication from the company. They are neither processing any refund not giving any timeline for possession handover. I need complete refund along with the interest on the sum deposited as i my hard earned money has been used without giving me any share of the profit.

I am a retired person approaching 66 years of age. My aforesaid fixed deposit got matured on 31.01.2016. On my submission of FDR at their site office in Noida on 22nd February 2016, I was assured of the payment with overdue interest in June 2016 . Thereafter I have been reminding the Company time and again . Also have been visiting to the Express Highway office and requesting the person in the fixed deposit section. I am yet to receive this amount and since I need the amount urgently for medical treatment I request the payment be made at the earliest.
Thanks & Regards,
Alok Chatterjee

My FD No.00386926 for Rs.50, 000/- with this company matured on 21.12.2015 and I have sent the FD certificate to them for payment. So far I have not received the payment nor any reply from them. I am a retired senior citizen and non-payment of my hard earned my money is causing mental torture and hardships.

Please help me in arranging this payment at the earliest.

Chandran Keli Puthanthara
emai. [protected]@gmail.com

I had applied for Fixed Deposit( non-cumulative for 36 months duration) for Rs 20.00 lakh ( vide Folio no. 00363558 dt. 10.10.2012 of JP Associates for Rs 20 lakhs for 36 months duration ) which got matured on 10.10.2015.

Quarterly Interest amount was Rs 56, 838/- which used to be paid regularly through online credit. There has been no single occasion when interest amount not deposited in time during last 36 months.

However, on maturity, when certificate was surrendered on[protected] to JP Associates office at Sec-128, Noida personally, they had said the amount would be credited at year end instead of immediate payment due to fund problem.

Now that more than 1-year is elapsed, JP Associates neither paid interest for the last 1- year nor making payment of principal amount.

Help needed to get the payment due with interest from the company.

Please note for the following FD's, principal and interest amount is not paid still. Would appreciate your immediate action here.I am single earning member of family and depending parents on me.

FD no Opening date term Principal amount
[protected] month 7 Lakh
[protected] month 1 Lakh

I am incurring heavy financial loss and willing to get the amount back the soonest

D.Majumder
[protected]@hotmail.com

Hi,

I had taken one 1.5 BHK unit at JAypee sports city noida phase 2 in may 2013 and after mid 2013 no demand has been raised and no construction updated from jaypee. My Loan is going on and paying Emi on the same.
Jaypee has cheated all of the buyers for the same project.

No construction update . I need my money back with interest & will be filing an FIR against Jaypee.

I have booked a studio apartment in buddh studio apartments in may 2013. Possession was supposed to be given in dec 2015. Construction is not taking place at all now. Company is not taking calls or answering email queries. Please add me to the whatsapp group for taking legal action. Contact no. [protected]

Debasish

Hi,

I invested in budh circuit studio 1&2 in april 2013. Since then i have not received any demand against the clp and i have currently paid 40% of the property cost.

Today i visited the jaypee office and i have been told that the developer is ready to refund the money with 12% pa interest. This sounds too good to be true from a developer who is fighting multiple law suits across india.

I will request others who are invested in the same project to reach out to me and we can jointly form a group to find a solution and recover our money.

Please reach out to me at [protected]

Jai nargas

Dear sir/madam
I have invested in jayprakash associates limited, fixed deposit scheme. The maturity date was 12/08/2015. I have yet not received maturity amount of my fixed deposit, i have sent fd certificate on due date duly discharged by me. Jpa personnel are not responding any of my letters or reminders during last one year..

Details of fd are as follows;
Depositor : rama shankar verma
Deposit amount - rs 5, 00, 000=00
Fd receipt number — 00541242
Maturity amount - rs. 500000 + interest
Investor code …1063267
Due date - 12/08/2015 dear sir/madam

Dear sir,
I have deposited the amount of rs. 1, 00, 000 as a fd scheme of your company. Fd details are give below:-

Name :- manju devi
Fd receipt no.[protected]
Investor code - 1223853
Scheme - cumulative
Deposit amount - 1, 00, 000/-
Maturity value - 1, 45, 220/-
Date of deposit - 22.10.2012
Due date - 22.10.2015
Broker code : 3022001 rr investor retail services pvt. Ltd.

I have not received the maturity amount yet. My financial condition is critical. You are requested to kindly send the maturity amount of my fd in my bank account provided by me.

Thanking you.

Yours

Manju devi.
Qr. No. 1442
Street - 38
Sector - 9d
Bokaro steel city - 827009
Jharkhand
Email : [protected]@gmail.com
Mob: [protected]

Sir My FD no. 347866, 358986, 387138, 352679 of Rs. 6 Lakhs on dtd. 23.05.2015 to 15.06.2015 is matuired & I am too need of money so please help me & Release my payment.

My/our fds nos.00345554 rs.150000 due
Date13/05/15 inv. code:1209127. and
Other fd no. 00368012 rs.150000 due date:22/10/15 inv. code:1209127. both sent by regd. post on maturity. yet not paid with interest due thereon. i am under treatment. dr. told for heart operation. pl. release my both fds. maturity soon. holder of fds saroj ambalal thakkar. pl. expedite payment at the earliest. thanks.

I have forwarded fd receipt no.:[protected], deposit date – 28/08/2012, deposit amount rs. 1000000/- interest rate @ 12.50% pa in non-cumulative scheme, which had matured on the date – 28/08/2015 and it was sent to you through jm financial, baroda by maruti courier under pod no:[protected] on the date 07/08/2015 at your registered and corporate office-sector, noida 201304, up.

It is not at all accepted from the company of your repute to subject the retired senior citizens who have invested their life time earnings in your company. It is most disturbing that you have not even acknowledge the receipt of fd receipt nor you have conveyed the reason for this delay of 12 months in releasing the payment. Moreover you have failed to inform when you will make the payment of the principal amount of the fdr with the overdue accrued interest amount of the last 12 months period?

I have sent you the reminder letters by speed post on the dates-23/10/2015 and 22/12/2015 to which you have not responded so far.

I request you to consider my case on priority basis and release my long awaited dues with accrued interest immediately and oblige.

Regards,

Phiroz s. Patel

Copy to jm financial, baroda.