Nitishree Infrastructure Ltd — Delay in delivery of plot in nh 24 township

Address:	New Delhi, Delhi, 110012
Website:	www.shouryagroup.com

I booked a plot of 360 sq yards at NH-24 (Shouryapuram scheme Township) during 2005 @Rs. 7205/ yard and deposited Rs. 6.25 lakhs. Subsequently, two more payments of around Rs. 3.5 lakhs were made and total amount deposited was around Rs. 13.5 lakhs. Accordingly, plot no. was allotted to me during 2007. Thereafter, there was no progress in the project till 2011-12. During one of my visit during 2011, one of the executives at Nitishree site (NH-24) told me that the plots will be allotted soon and registered on first-come first-served basis, subjected to payment of about Rs. 10.0 lakhs. The builder increased the EDC/ CDC charges and the price per yard increased to around Rs. 12, 500/ yard. Moreover, it was told that there are no 360 yard plot and only 175 and 100 yard plots. Left with no other alternative, I deposited the amount and plot of 175 yards was allotted at very high price as compared to similar locations around the site. The plot was also registered with the Registrar Office, Ghaziabad. I visited the site recently after 3 years gap, but the development was almost nit as there were no signs of township. Infact, some of the plots meant for allotment to original investors were sold to other parties for higher prices. This is a very sorry state of affairs and the builder is using our hard earned money for his vested interests. There is no ethics and morality in the company. It's really high time now. We need to unite and fight for common cause to either get a well developed property as per the commitments otherwise our money will be drained. We need to seek legal advice and collect money for filing a case for resolving this issue. The recent landmark judgment by Delhi court against Unitech Company Directors has set an example to focus on delivery and honor the commitments to the home buyers. All aggrieved may kindly pass on their details at skl.[protected]@gmail.com, so that we can meet personally on a convenient date.