Vardhman Technobuild Private Limited (Vardhman SNG Plaza Gr Noida) — Criminal breach of trust after taking complete payments

Address:

110092

I SAVITRI DEVI have invested in Commercial Space no. 361 & 362 on
3rd Floor, Vardhman SNG Plaza, Pari Chowk, Greater Noida launched by above said company having regd. Office at-

112, Indraprakash Building,
21, Barakhamba Road,
New Delhi-110001.

Under ‘Assured Return’ scheme @ 12%. As per clause no. 1.9 of the Builder Buyer
Agreement, the company had undertaken to complete the construction of the unit
in question on or before March 2014 in all respects and to render the unit fit
for occupation and possession by the said period. Inspite of the fact that I have made the complete payments, the construction has not so far
been completed. I came to know informally that there are some approval issues
relating to parking, construction, licence clearance etc.

Apart from this, it has stopped to pay assured return cheque from April 2014
onward. In the past they issued the cheques for assured returns which also got bounced.

I have also issued the legal notice to their Directors at below address
Mr. HARINDER BASHISTA/ Mr. VIVEK GUPTA/ Mr. RAJU VERMA/
Mr. JAIDEEP AGGARWAL
SNG VARDHMAN TECHNOBUILD PRIVATE LIMITED
401-414, 4TH Floor C-Block, Plot No.58, Shahpuri Tirath Singh Tower,
Janakpuri, New Delhi – 110058
But this builder Vardhman Technobuild is such a fraud company that never listen to the investor, since they have received the complete payments from buyers. So they hardly bother. They are not making the Assured returns payments, not depositing TDS amount to the Govt Accounts and not providing the possession even after the delay of more than two years of the committed date of possession.

My submission is that there should be some Strict Action against such Fraud Builders and the Govt should not allow these builders to operate in future.
I WILL STRONGLY WARN TO ALL BUYERS TO ESCAPE THE BUILDERS LIKE VARDHMAN TECHNOBUILD, TO SAVE THE HARD EARNED MONEY.
I request you to kindly take action against this company to get back my hard
money with the current market price of commercial shops in that area.


SAVITRI DEVI[protected]