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Jaypee Infratech Complaints & Reviews

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Updated: Jun 21, 2024
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Jaypee Infratech reviews & complaints page 6

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C
cutpal
from Delhi, Delhi
Jun 10, 2016
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Address: Gautam Buddh Nagar, Uttar Pradesh, 201304
Website: Indian consumer complaints forum

I have deposited Rs.200000/- in 19.04.2013 vide my FDR No.64333 which was matured on 19.04.2016 and the total maturity amount is Rs.290440/-. But i received only Rs.200000/- which is my principle amount only but still the interest amount of Rs.90440/- not received so far. hence would request you to please get me the interest amount as on date which i need very badly for my son's admission to the college as he passed out class 12th exam.
Jaypee Infratech customer support has been notified about the posted complaint.
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    J
    jafar husain
    from Gurgaon, Haryana
    Jun 1, 2016
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    Hi,

    I bought a studio appt in Jaypee, Studio phase 2 on Yamuna ExpressWay, But after taking around 30%, they didn't contact me. When I contacted them they are asking me to take my back with 12% interest, but they are saying it orally, neither they send me any communication for the same, neither they are giving me any date, up to when I'll get my money back.

    Jafar
    [protected]
    Jaypee Infratech customer support has been notified about the posted complaint.
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      J
      Juhivyas
      May 6, 2016
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      Address: 400067

      Hello i m sonal vyas
      I m retired
      I need interest for my monthly expenses
      I have invested my whole life saving in jaypee infratech as a fd
      Now it mature last year but they r not returning my principal amount nor interest
      Fd is name on sonal vyas
      Amount is 50 lakhs
      Is there any law still alive in india ?
      Then
      Pls give me justice
      So i can live peaceful life after whole life struggle
      Thanks
      Jaypee Infratech customer support has been notified about the posted complaint.
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        P
        pheroze unwalla
        from Mumbai, Maharashtra
        May 5, 2016
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        Address: Mumbai City, Maharashtra, 400058

        Fd 60095 due for repayment on 10.12.15 for amount ofc70000/-

        Not a word from your end as to when I will get my money back. Surely a small amount fir you, but a big amount for a retired person and a cancer patent to boot, should not be too much of a problem unless you have decided not to honour your commitment. I am borrowing from friends and relatives to pay for my cancer treatment and if you are or gone through cancer, you will realize the costs involvrd
        Jaypee Infratech customer support has been notified about the posted complaint.
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          M
          MK Rajput
          from Haldwani, Uttarakhand
          Apr 22, 2016
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          Address: Gautam Buddh Nagar, Uttar Pradesh, 201301
          Website: www.jaypeegreens.com

          I booked a flat in jaypee greens city in 2009 which was supposed to deliver in 2012 (36 months)

          Name of the project : jaypee kosmos
          Location : sector-134 noida
          Unit no : km00040907
          Sales order no. 5539
          Customer code : 303812
          Customer name : nisha thakur
          Unfortunately after 7 years of booking i am still waiting for possession
          Please help me in this matter

          Regards
          Nisha thakur
          Jaypee Infratech customer support has been notified about the posted complaint.
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            S
            S M Anwar Basha
            from Chennai, Tamil Nadu
            Apr 12, 2016
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            Address: Gautam Buddh Nagar, Uttar Pradesh, 201304
            Website: www.jaypeeinfratech.com

            I furnish below the copy of my email complaint sent to company law board and copied to jaypee infraech limited, which is self explanatory.

            From: [protected]@hotmail.com
            To: bo.Nd.[protected]@nic.In
            Cc: jpinfratech.[protected]@jalindia.Co.In
            Subject: reminder: fixed deposits - jaypee infratech ltd.
            Date: sat, 9 apr 2016 08:02:54 +0530

            Reminder : 09 april 2016


            We are senior citizens and have been subjected to lot of inconvenience and mental agony for having not received our fixed deposit maturity amount on time.
            From: [protected]@hotmail.com
            To: bo.Nd.[protected]@nic.In
            Subject: fixed deposits - jaypee infratech ltd.
            Date: sun, 20 mar 2016 18:21:49 +0400

            Hello sir/madam

            Hearing of new delhi bench of the company law board on[protected] at 10:30 am
            C.P.No. 10/03/15

            Name of company: jaypee infratech limited.


            Jaypee infratech ltd.
            Redemption of fixed deposits on maturity.

            Fixed deposit receipt nos. 59858 and 59859 maturity date: 07/02/201

            We have returned back the following signed original fdrs to jaypee infratech limited through bajaj capital ltd., chennai on 06th january 2016:

            Fdr 59858 (Investor code: 0047446) maturity date[protected] maturity amount rs.3, 00, 000.00 (Rupees three lakhs only) and
            Fdr 59859 (Investor code: 0047446) maturity date[protected] maturity amount rs.2, 90, 440.00 (Rupees two lakhs ninety thousand four hundred forty only).

            We have not yet received our fixed deposits maturity amount.

            We are senior citizens. We request you to take up the matter with jaypee infratech ltd., to refund our fixed deposit maturity amount together with the interest for the elapsed period, at the earliest.

            Please acknowledge.

            Looking forward to hearing a favourable response, soon.

            Thanking you

            Yours faithfully
            Ruqhsana anwar
            Anwar basha

            Mail addressed to jaypee infratech ltd. Is attached below.


            From: [protected]@hotmail.com
            To: jpinfratech.[protected]@jalindia.Co.In
            Subject: redemption of fixed deposits
            Date: wed, 2 mar 2016 09:41:10 +0400


            Hello sir / madam

            Redemption of fixed deposits
            Fixed deposits receipts nos. 59858 and 59859 maturity date: 07/02/2016.

            We have returned back the following signed original fdrs to you through bajaj capital ltd., chennai on 06th january 2016:

            Fdr 59858 (Investor code: 0047446) maturity date[protected] maturity amount rs.3, 00, 000.00 (Rupees three lakhs only) and
            Fdr 59859 (Investor code: 0047446) maturity date[protected] maturity amount rs.2, 90, 440.00 (Rupees two lakhs ninety thousand four hundred forty only)

            We are senior citizens. We request you to refund our fixed deposit maturity amount together with the interest for the elapsed period, at the earliest.

            Please acknowledge.

            Looking forward to hearing a favorable response, soon.

            Thanking you

            Yours faithfully
            Ruqhsana anwar
            Jaypee Infratech customer support has been notified about the posted complaint.

            Jaypee Infratech Ltd — Non receipt of quarterly interest on FD

            I have two FDs, with FDR No. 48115 of Rs 1.50 lacs and FDR No. 65769 of Rs 0.32 lacs. Company has stopped the quarterly interest. Anil Gurjar Pune
            Dear Sir/Mam,

            As per the update, due int for Jan-Mar 2016 got released on 04.04.2016. And on seeing swift performance of the Company in clearing payments, Hon’ble CLB has, vide Order passed last week, further extended time for payment of matured FDs after 31st March 2015 in the following schedule:

            1.Deposits matured during the period from 1.4.2015 to 31.03.2016 to be settled by 30.09.2016
            2.Deposits maturing during the period from 1.4.2016 to 31.03.2017 to be settled by 31.03.2017 .

            CLB order copy will be available next week. You Can send their queries at [protected]@jalindia.co.in or call at[protected],[protected]Link Intime).


            Please Note: Company Law Board is no more in existence, any communication related to hardship should address only to NCLT (National Company Law Tribunal).

            Please find below details as requested :

            Also, you can apply under hardship by sending letter to the NCLT (National Company Law Tribunal) Delhi along with the relevant documents.
            Grounds on which hardship cases may be considered :
            1. Senior Citizen-Age Proof, FDR photocopy, and covering letter
            2. Medical Issues-Doctor Prescription, Medical supportive Documents, FDR photocopy, and covering letter
            3.Marriage Purpose-Marriage Card, FDR photocopy and covering letter

            Below are the documents required for Hardship :
            - FDR's copy
            - PAN copy
            - Request letter
            - Medical documents

            Letter to be addressed to: Bajaj House, 97, 5th Floor Nehru Place, New Delhi - 110019


            Regards
            Customer Service Team

            Bajaj Capital Ltd
            FDR No: 71586 / 5464, Investment Date & Amount :[protected], Rs.30, 000 /-, Maturity Date & Amount:[protected], & Rs.Rs.37, 904/-; Holders: K. Vijayalaksmi & G. Kalyanam. 91-[protected], [protected]@gmail.com

            No:21 /10- New ? old Door Nos., Dhandapani Street, T. Nagar, Chennai - 600017. Tamil Nadu State

            An amount of Rs. 30, 000 /-, which is the principal Amount was only paid by a cheque on,[protected], But, the interest portion was not taken care No amount of communication is not effect.

            Need your involvement please.
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              K
              Kaushal Kr
              from Mumbai, Maharashtra
              Apr 11, 2016
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              Address: Gautam Buddh Nagar, Uttar Pradesh, 201304

              We (Me and my wife smt. Babita singh) invested in fixed deposits of m/s jaypee infratech ltd in january 2013 for a period of 03 years. The details of investments are as under -

              1. Fdr no. 57662, investor code - 0046377, amount invested - rs. 30000/-, date of maturity - 16.01.2016, maturity amount - rs.43566/- (First holder - babita singh / second holder -kaushal kumar).

              We sent the fdr to its registrar m/s link intime india pvt ltd as advised on the back of fdr for payment of maturity proceeds by speed post on 29/12/2015. Thereafter no response neither from the company nor its registrar.

              Kaushal kumar
              Mumbai.
              Jaypee Infratech customer support has been notified about the posted complaint.

              Jaypee Infratech Ltd — Non receipt of interest of fixed deposit

              My family having three deposit each of Rs 35000 interest up to June 15 has been received however interest from July 15 not received my name is patel sureshbhai Mangalbhai, Gujarat state Vallabh vidyanagar 388120 please reply
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                S
                sonalsing8
                from Kolkata, West Bengal
                Apr 9, 2016
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                Address: Gautam Buddh Nagar, Uttar Pradesh, 201304

                Dear sir

                I have deposited rs 35, 000/ (Rupees thirty five thousand only) on dated 20/12//2012 and its maturity date was 20/12/2015.I have already submitted fdr receipt through broker bajaj capital at kolkata office. Till date i have not received principal amount as well as interest.
                To get maturity amount what to do ? Please advice.
                Details are given below.

                1)name of depositor's : sangita singh
                2) fd receipt no : 00385463
                3) investor code : 1232404
                4) scheme : cumulative
                5) broker : bajaj capital ltd. Kolkata

                With best regards
                Sangita singh
                Jaypee Infratech customer support has been notified about the posted complaint.
                Dear Sir/Mam,

                As per the update, due int for Jan-Mar 2016 got released on 04.04.2016. And on seeing swift performance of the Company in clearing payments, Hon’ble CLB has, vide

                Order passed last week, further extended time for payment of matured FDs after 31st March 2015 in the following schedule:
                1.Deposits matured during the period from 1.4.2015 to 31.03.2016 to be settled by 30.09.2016
                2.Deposits maturing during the period from 1.4.2016 to 31.03.2017 to be settled by 31.03.2017 .

                CLB order copy will be available next week. You Can send their queries at [protected]@jalindia.co.in or call at[protected],[protected]Link Intime).


                Please Note: Company Law Board is no more in existence, any communication related to hardship should address only to NCLT (National Company Law Tribunal).

                Please find below details as requested :

                Also, you can apply under hardship by sending letter to the NCLT (National Company Law Tribunal) Delhi along with the relevant documents.
                Grounds on which hardship cases may be considered :
                1. Senior Citizen-Age Proof, FDR photocopy, and covering letter
                2. Medical Issues-Doctor Prescription, Medical supportive Documents, FDR photocopy, and covering letter
                3.Marriage Purpose-Marriage Card, FDR photocopy and covering letter

                Below are the documents required for Hardship :
                - FDR's copy
                - PAN copy
                - Request letter
                - Medical documents

                Letter to be addressed to: Bajaj House, 97, 5th Floor Nehru Place, New Delhi - 110019


                Regards
                Customer Service Team
                Bajaj Capital Ltd
                Latest Update!

                The SC has also directed that buyers, who have opted for refund, should not be sent notices for EMI defaults

                Homebuyers are constantly puzzled as complexities of the case keep deepening even after seven months when the National Company Law Tribunal (NCLT) admitted IDBI Bank's plea against Jaypee Infratech under the Section 7 of the Insolvency and Bankruptcy Code, 2016.On March 21, the Supreme Court (SC) asked Jaypee Infratech to deposit Rs 100 crore by April 6 and the next Rs 100 crore by May 10. The SC has also directed that buyers, who have opted for refund, should not be sent notices for EMI defaults.As per latest reports, Adani Group has emerged as the highest bidder and the task of completing 25, 000 flats and villas might be undertaken by the Adani Group. However, it is yet to be intimated. While the Adani Group had submitted a revised bit, Kotak Realty Fund and Cube Highways refused to do so. However, their existing bids still remain valid and it is yet to be seen which firm emerges a clear highest bidder. In a new turn of events, it has been reported that Jaypee's assets have been undervalued and this includes land as well as the expressway. This puts a question mark on the transparency expected in such valuations and now lenders are seeking clarification. Jaypee is yet to deliver 25, 000 units in the Noida market and it would take other players and financiers supporting it to complete these projects. Now, four companies, including Adani Group, Sajjan Jindal’s JSW, Suraksha Asset Reconstruction Company, a syndicate comprising of Kotak Realty and Cube Highways are willing to acquire Jaypee Infratech. Sources say that these companies have been asked to come with revised offers that would be overseen by an expert panel in days to come. Initially, there were about 20 bidders that were interested.Last week also saw IndusInd Bank Ltd transferring six crore shares of Jaypee Infratech Ltd held by the company that stood in its favour. This makes up 4.32 per cent stake of Jaypee Infratech. Shortly after, Jaypee’s stocks surged 4.47 per cent.Homebuyers in a dilemmaFor real estate buyers, the real worry is the significant delays that they have to deal with. Meanwhile, banks haven’t spared them either ‘threatening’ with legal recourses which could mean attaching the property and sale of assets.In such a case, homebuyers should approach the judiciary. As in Supertech’s case where the developer firm was asked to pay the installments, homebuyers can always seek the judiciary’s intervention if they see that it might be difficult to take possession of the flat they have paid for. Experts also point out that while it may be unfair to expect homebuyers to continue with the EMIs, they should not stop paying the EMIs without permission or consultation.Affected homebuyers took to social media with pleas put forth to the government to help them get their units. Some others are asking for other developers to join Jaypee and finish the projects. There are also buyers who have been posting images o[censored]nder-construction projects of Jaypee, wondering about the completion schedule.
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                  sps501619
                  from Chennai, Tamil Nadu
                  Mar 19, 2016
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                  Address: Gautam Buddh Nagar, Uttar Pradesh
                  Website: jalindia.com

                  Fixed deposit fdr no 350678
                  Date of fd.09/06/2012
                  Amount of fd- rs 80000/-
                  Date of maturity 09/06/15
                  I have forwarded the fd receipt and not received the matured payment back
                  Jaypee Infratech customer support has been notified about the posted complaint.
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                    A
                    ashok38
                    from Delhi, Delhi
                    Mar 8, 2016
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                    Address: Khordha, Odisha, 751018

                    I have send the original proceeds of FD No.49653 & investor Code 0041528 on 06/10/2015. The said FD matured on 01/11/2015. I have neither received any acknowledgement nor any cheque. Please look into the matter
                    Jaypee Infratech customer support has been notified about the posted complaint.
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                      Namrata Birla Chowdhury
                      from Vadodara, Gujarat
                      Mar 2, 2016
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                      Address: Gautam Buddh Nagar, Uttar Pradesh, 201304
                      Website: www.jaypeeinfratech.com

                      Want to know the status @ FD with JP Infratech. Had deposited Rs.30000 which matured on 7/11/15 which I haven't yet received .
                      Jaypee Infratech customer support has been notified about the posted complaint.
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                        S
                        snowgem
                        Feb 16, 2016
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                        Address: Gautam Buddh Nagar, Uttar Pradesh

                        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. My Customer ID :JSEBS27B0201, UNIT NO : BS207B0201 .
                        After writing several mails no reply. I want my amount back as the project is delayed.kindly help me to resolve this issue,
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                          Ajaisomvanshi
                          from Raebareli, Uttar Pradesh
                          Feb 1, 2016
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                          Address: Gautam Buddh Nagar, Uttar Pradesh, 211002
                          Website: www.japeegreens.com

                          Hello Sir, I purchased a 2 BHK flat in Jaypee Integrated Township in Noida Sector 139 Tower 31 in January, 2010. As the expected period of 36 months over in 2013 but still the matter is pending. The authorities have not informed us.


                          Regards,

                          A P Singh
                          Allahabad
                          [protected]@rediffmail.com
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                            Rhingorani
                            from Gurgaon, Haryana
                            Jan 25, 2016
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                            Address: Gautam Buddh Nagar, Uttar Pradesh, 110024

                            I have bookedone a flat in jp budh circuit 2 but till 3 years no delivery if the project received when I visited there off in sector 128 noida they clear that project is scrap and we can give money after 6 month without interest

                            After my regular follow up they are not returning my hard earned money and there officials are saying that I can approach court

                            All original docs has been submitted I am in great need of money pls help

                            Regards Rohit hingorani [protected]
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                              vishalchch
                              from Delhi, Delhi
                              Oct 23, 2015
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                              Address: New Delhi, Delhi, 110089

                              I travelled on Yamuna E-way on 21st Oct15 from Noida with return passage to and fro Mathura . The return passage was obtained at Jewar Plaza vide txn ID [protected] dt 21st Oct15 at 10:34 AM by paying Rs 385/- . The said return passage was valid for 24 hrs i.e. till 22nd Oct15 10 : 34 AM . On my return journey on 22nd Oct15 from Mathura, entry on plaza 4 was allowed at 10 : 20 AM . But to my utter shock they denied exit from Plaza 3 at 10 : 54 AM stating that the return passage become invalid . My complaint is that once I made entry on E-way within stipulated time of 24 Hrs, how could my exit restricted due to time lapse . Was I not property of E-way after my entry on it ? Was not E-way responsible for my smooth exit ? Toll officials made me wait for almost 30 min on Plaza 3 while arriving out at solution to my mentioned queries . They rejected my written complaint and charged Rs 105 extra for exiting toll plaza 3 Therefore, request to look into the matter and provide me justice which would be beneficial for public at large . I would really feel consumer has been protected if you award me justice . Please find images of return slip and written complaint for ready reference .
                              +2 photos
                              Hi, while returning on the same day within 10 hrs of noida agra ride at 2 toll, the tall guy stopped us and says 2 pay double tall while our was fast tag and money was deducted from my account. But he did not listen us & charged 310 rs kindly look at this matter and return our money attached are the screenshots of my Paytm wallet & slip

                              Excess Toll collected - Comment #3963858 - Image #0
                              Excess Toll collected - Comment #3963858 - Image #1
                              Please check this slip also

                              Excess Toll collected - Comment #3963859 - Image #0
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                                pkvarma
                                from Gurgaon, Haryana
                                Oct 21, 2015
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                                Address: Gautam Buddh Nagar, Uttar Pradesh, 201304
                                Website: www.jaypeeinfratech.com

                                We applied for Redemption of FD Receipt no 41230 investor code 0034485 for Rs 1, 00, 000/-on 17/08/15 But so far payment has not been received as yet. Please make the payment immediately. Also it is to bring to your kind notice that I have not received the interest payment for the last few quarters. This also please be made immediately. Promod Kumar Varma 15-A/C Siddhartha Extn, New Delhi 110014 [protected]@gmail.com
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                                  SHRAVAN JAIN
                                  Jun 26, 2015
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                                  Address: Varanasi, Uttar Pradesh

                                  Sir, The cumulative fixed deposits Nos. 26603. for principal amounts of Rs. 25000/ each due on 22/2/2015 are till date unpaid. Please help expedite the redemption as the funds are needed urgently for medical reasons. Thanking you. SHWETA JAIN
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                                    sumistry
                                    from Ahmedabad, Gujarat
                                    Jun 14, 2015
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                                    Address: Vadodara, Gujarat

                                    I Suresh Mistry had kept 30000/- INR in your company for fixed deposit on dated 19/05/2012 and the fixed deposit number is 30681, it's maturity date was 18/05/2015. But your has not yet sent the deposit amount to me so far. Similarly other fixed deposits was done in the name of my wife Indira Suresh Mistry, fixed deposit of 30000/- INR of which the fixed deposit number is 30680 As I am in need of the amount please check and do the need as soon as possible.
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                                      sumistry
                                      from Ahmedabad, Gujarat
                                      Jun 10, 2015
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                                      Address: Vadodara, Gujarat

                                      Respected whose so ever is concerned, I Suresh Mistry had kept 30000/- INR in your company for fixed deposit on dated 19/05/2012 and the fixed deposit number is 30681, it's maturity date was 18/05/2015. But your has not yet sent the deposit amount to me so far. Similarly other fixed deposits was done in the name of my wife Indira Suresh Mistry, fixed deposit of 30000/- INR of which the fixed deposit number is 30680 As I am in need of the amount please check and do the need as soon as possible.
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                                        kvarun.bans
                                        from Noida, Uttar Pradesh
                                        Jan 31, 2015
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                                        Address: Gautam Buddh Nagar, Uttar Pradesh

                                        I have purchased a flat in Jaypee Aman in N21-401. It has been transferred to my name from previous owner 'RUCHIKA MEHTA' as per Ref :20632/389235/AMN0210401 with all terms and conditions. My Customer ID is JGAAMN210401. As I bought this flat in resale, so have paid more than 80% cost of the flat while buying. I am paying EMI to my bank on paid amount.I have communicated with JAYPEE authority. They told that allotted flat will be offered in Nov 2016 (After two years from now). When I asked about delay penalty, JAYPEE Authority didn't share any information regarding delay penalty clause. As per my provisional allotment letter which was issued on 22 Jan 2010. It's mentioned in allotment letter that the possession date is 30 month from the date of issue. Expected possession date comes out as July 2012.Now, It's Jan 2015. It's already delayed by 2 years and 6 month. Please help in getting the details about following information. 1. Exact Possession date of my tower. 2 Details about the delay penalty applicable for me. 3. Detail about next demand.
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                                        Genuine problem.
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