Jaypee Developers Complaints & Reviews

I have purchased a flat in jaypee aman, noida sec 151 on aug 2012, they are supposed to handover the flat in aug 2014, its going to be 4 year from the purchased date, I m deeply in big trouble kingly help me, i m attaching a document. thanks kamala singh,

I have taken one unit in "Jaypee Buddh Circuit Studios Phase II on Yamuna Expressway Greater Noida(UP)" in May 2013.
Since two years no demand has been raised and when i personally visited the site no construction work was going on there.
When i asked to shift my unit in other project they refused it.
When I asked for the money along with the interest, they replied that they will give the money after cutting 20% money of the total flat amount.

I have already taken loan against this property and emi's are also going on.

As per their conversation there is no hope to get the possession of my unit near 7-8 years, my hard earned money is stuck with Jaypee Builder.
Please help me out.

Thanks
Viren
[protected]

Hi,
i have booked flat in jaypee aman in 2011 and they promise the delivery in 42 months but till now i have not received possession and not any late fees. even i m not getting any response from there side. the speed of construction is very slow. they have cheated the buyers. taken all the hard earned money of buyers and now giving just dates nothing else.

Lakhminder Singh
[protected]

Booked a 3 bedroom flat, 1650 Sq. Ft. in Jaypee Greens, Kensington Boulevard in 2010. The builder was suppose to give the possession in 2013 (36 months). However this is not been given till now rather in 2014, they sent me a letter that it is been delayed and will be given in 2016 November. I sent an email to them to either give me possession or give me my money with interest which I paid to bank. @11.30% per annum. I have already paid 95% of cost of flat in 2013.

I booked a 1BHK apartment in Buddh Studios II in Apr 2013 and now after three years the tower is still in its very initial stage of construction. As per the Provisional Allotment letter issued by the builder the property was expected to be delivered in 30 months from the date of the PAL and 6 months of grace period. Now the project is in the state where it will take another 3 years minimum to get delivered to its respective owners. They commit to pay the penalty of 5 Rs / Sqft /month which is nothing. We are liable to pay a much higher interest rate to the bank for the money we have invested in the project.

And now they are not returning the money back with interest or shifting my investment in any other project.

What action can be taken in this concern as my hard earned money is at a stake.

I have taken one unit in "Jaypee Buddh Circuit Studios Phase I on Yamuna Expressway" in June 2013.
Since two years no demand has been raised and when i personally visited the site no construction work was going on there.
When i asked to shift my unit in Wishtown project they refused it.
When I asked for the money along with the interest, they replied that they will give the money after cutting 20% money of...

Following FD's are due for payment since Sept/Oct 2015 but not paid

1) FDR No 43565 Due Date 22/09/2015 amt Rs 72, 610/0 Not Paid in Name of Apurva Varshney

2) FDR No 46435 Due date 11th Oct 2015 amt Rs 87, 132/- Not paid in name of Simontini Varshney

Hi, Its compliant against the Jaypee Sports City (part of Jaypee Infratech). I have a Plot (Size 209 Sq Yd) in their project called Yamuna Vihar which i booked in 2012. I made the down payment of 50% against the booking and they mentioned that i will get the possession within 18 months which never happened. On 20th August 2014, I visited their office in Noida and cancelled the booking. As per the contract, if i cancel the booking then they will deduct 10% of the amount from total amount and refund the balance amount. My unit number is B-106 in Yamuna Vihar. This is where Jaypee started harassing me, i am doing follow-up with them for last 1 year now and still i haven''t got my hard earned money. I have sent almost 100 emails till date to Jaypee Customer care and their management but every-time they assure me that i will get the payment within few weeks but nothing has happened till date. I have personally met them almost 10 times, spoke to almost everyone in their company but rather than getting the money, i am just getting the false assurance and promises. If we delay the payment by 1 day then they ask us to pay the 18% interest but now are they going to pay me the interest for this delay. I am really in a bad situation and needs my money from this builder. I need help from you. Regards, Anuj Jain

I have taken one unit in "Jaypee Buddh Circuit Studio II in Yamuna Expressway". They were supposed to finish the project till Nov'2015, but they have not started the project yet. When asked for the money along with the interest, they replied that they will give the money after cutting 10% money of the total amount, forget about the interest that they should give since its their fault that they did not start the project on time. When I try to call them in the customer care no reply comes and customer care representative picks the phone and do not answer . I had to personally go to the office many times . They are not even replying the emails .

The possession is due i July 2013. Till date only brickwork going on. I am not sure whether it will be completed one day. We have taken loan for which we are paying interest and this is just making fool of the middle class people. As we people cant go to court and we cant fight with these big builder so they are making fool o[censored]s

I have a unit in garden isles project in wish town noida. I am trying to avail home loan from my employer but response from Jaypee office in sec 128 is so pathetic, their work culture is even worse than govt employees. They are so reluctant to provide any document which is required for my home loan.They don't reply to any emails.their customer service is so poor, main problem is there is no way out you can escalate your problems and grievances. Pathetic jaypee

Personal Details : Name : Surya Prakash Unit Booked : jaypee kosmos Unit no 203 Tower No - 55 Booking Date : 10th of Fet 2010. Payment : 100 % Status as on date : After so many follow ups Jaypee group is not responding my request for exact status of my Unit. After personal visit so many times now they are saying that tower no 55 is not yet built and we will offer you some other unit but not responding after this. I requested so may time by phone call, personal visit and follow up mail even wth MD of Jaypee Group Mr. Gaur, but not getting any response. I want my hard earned money invested in this property should be not wasted like this and as promised, i should get my unit back.

Dear sir, I had booked plot of appx 210 sq yards at jaypee sports city at yamuna expressway. since the day i booked this plot i was misguided with wrong information and communication but still i waited the possession which was supposed to be jan 2014 amidst of trust deficit. I had paid more than 30% and assured that development charges will be demanded on possession. but their representative shrugged his shoulder that if it is not in writing then i can not revise the demand note and you should have taken in writing. Now; 1. they do not remember that they had given me concession of development charges be on possession. 2. they delayed the possession which was supposed to be jan 2014 as per terms of provisional allotment and they keep on misguiding on possession on their toll free helpline that it will be on time. finally i decided to get cancelled unit in aug 2014 with application of cancellation. there were lot of communication where they compelled me to give me in writing for deduction of 10% consideration of plot value. But i also insisted that when i have filed the application for cancellation of provisional allotment due to failure at your end then why i should suffer, but still if it is your policy then better you do whatever you want to do and refund the money according to you and tell me when i will receive the money. they told me it will take 90 days. Now 90 days have gone and unit is forfeited and when i asked for money they are saying that they will not pay untill i give in writing 10% deduction. My story is long so only tried to brief it here. they waised my time till date with false and unprofessional way and finally again came to point zero by saying that they will not pay untill i give in writing for deduction. I had served notice to them on 20th oct 2014 when they took first u-turn but before i go to consumer court i want to take help from your forum which my friend referred to me effective way for fast recovery of refund rather than court case. Regards, Kamal Sachdeva 2426/13 Karnal (Haryana)

I had booked one flat with this group more than 4 years ago and payment plan was construction based. They had completed raw structure construction of maximum block with a short span of time, just take more than 90% money bloc from the investors. I had visited Jaypee sight recently which is in as it is condition as it was almost 1+ year ago. They were suppose to give possessions to few blocks by July 2014 as per the sight engineer available last year but now there is no engineer or Jaypee official available their for giving any clear picture. If you will visit their office, then also nobody will give you any clear picture rather they will not even entertain you. They are just keep on announcing new new additions of Jay pee Aman -1, 2 & now 3 whereas they have not yet given possession to the investors of Jaypee Aman which was launched 5 years ago. This is clear matter of cheating and i would request all the affected people to stand and raise their voice against this .

Dear Sir / Madam, I wish to bring to your attention the anti-consumer policies being adopted by Jaypee, the biggest builder of NOIDA. I have booked a flat in 2009 in their Kosmos project. Promised delivery was in 2012. But now five years later the flats have still not been delivered. In the meantime, Jaypee has adopted many unfair practices: 1. Jaypee has increased super area of a previous project called Pavillion which was recently delivered, 4 years late. This increase in super area negated the compensation completely. Last minute increase in super area is against the UP Apartments Act, which in a recent Allahabad High Court Judgement is applicable throughout UP. I have been informed that Jaypee is planning to increase super area in all its flats - and Jaypee has sold over 30, 000 flats in NOIDA. That is 30, 000 customers whom Jaypee is planning to cheat. They must be prevented from engaging in this nefarious purpose 2. Jaypee has not paid any compensation to me at all in the last 2 years. They have said they will adjust in the last instalment only. However my monthly outgo of rent and EMI is right now - and I want compensation right now so that my monthly outgo is reduced. 3. Jaypee charges 18% and recently reduced to 12% interest in late payments. The same terms must also be applicable in the compensation due to me. 4. Indefinite delay must attract higher and punitive compensation. Currently, they are using the compensation of 2009 prices, whereas for 2014 this compensation is inadequate due to inflation. However they have taken my money from[protected] and are enjoying the interests from the amounts without delivering the flats. Through your channel, I wish to highlight these practices and seek redressal as follows: 1. Super area increase must be prevented because it is illegal as per UP Apartments Act. 2. Compensation from here onwards must be doubled to Rs. 10 per square feet and must be paid out on monthly basis in the form of monthly cheques. 3. Previous compensation amounts which have accumulated for the last 2 years must be subject to compound interest at the same rates which Jaypee charges to its customers for late payment 4. Compensation must be adjusted at the NEXT due payment and not the last due payment. If your channel is able to highlight these problems of customers and have these simple and just measures implemented it will go a long way in mitigating the suffering of 30, 000 people who have paid a total of 10 to 20, 000 CRORES to Jaypee as charges for their flats but are facing the harassment of supra-normal delay. Jaypee is a very big company and is a market leader for the NOIDA region. If they are made to adopt these customer friendly and just measures, then all other real estate companies of NOIDA will have to follow suit. I therefore request you to take up Jaypee as the main test case for reforming the real estate sector of NOIDA. Jaypee is a big company with stock market listing, national and international investors. I am sure that the company will take corrective measures as a result of your involvement . Thanking you and with regards, Samir Gupta

Jointly booked 2 units of flats at Jaypee Sports City-KASSIA, 1-4 bed room & 1-1 bedroom, at Greater Noida under Subvention Plan on[protected].Applied with AXIS Bank for the Subvention Plan as advised by Jaypee Group.AXIS bank rejected our application due to incomplete paperwork & issues with Jaypee Sports City with Greater Noida Authority. Paid Rs 16 lacs against these 2 units as per our funding under subvention plan without any delay.We were forced to change our payment plan from Subvention Plan to Construction Link Plan in 04-2011.This benefits JP Group as they do not pay interest on 80% loan on the units.Paid Rs.55,000 & Applied with HDFC, Kuwait for home loan and got it approved on May 2011 under CLP.We have been receiving demand letters without any response for all our queries and problems.We have requested that please waive of our interest because we were forced to change our Subvention plan to Const link plan due to problems of JP Group.We have been subjected to undue stress, financial loss, mental agony because of JP Group non transparent and inefficient policies.Just to solve the case and all pending issues, under great financial stress, we paid JP Group Rs 30 lacs more in 2 instalments i.e. in Oct & Dec 2011, as advised by their executive verbally. Since Dec 11 they have not waived my interest and after writing to them several times they officially responded to me few days back that they will not waive off my interest.When I told them to send some recent photographs they have sent me photos dated April 12. When i told them to send new photos concerning my tower they have failed to do such a simple thing. They are sitting on our hard earned money and there is NO PROGRESS ON THE site for the past 6 - 10 months.This is case of non transparency, conducting frauds, non fulfilling the promises given to customers.