2 directors booked for not providing possession of plots to buyers

New Delhi: The Economic Offences Wing (EOW) of Delhi Police have booked two directors of a private company in an alleged case of fraud by not providing the possession of plots to the buyers in the Greater Noida area.

The suspects in the case collected crores of rupees from various buyers. According to police, apart from two directors one more suspect (farmer) was also booked.

The suspects had vastly advertised their projects in Greater Noida and had shown it to be a well-planned township being developed by them with all the necessary infrastructures.

Accordingly, several persons were enticed by their advertisements and had purchased the plots in the project.

At the time of purchasing plots, the buyers were assured by the suspects that they would develop the Green Park Society into good residential society.

The suspects also demanded a huge amount towards development charges from the buyers.

“Hundreds of people applied for the plots in society and paid a huge amount towards development charges besides the actual registration/sale deed expenses,” police said.

The buyers waited till 2014 but the actual possession of their plots was not handed over to them.

The buyers approached the suspects and made several requests to them but they kept delaying the matter on the pretext to the other and did not even develop society.

Police further added that recently buyers came to know that the suspects have committed fraud with them by selling those plots which were already registered in the name of others.

“The major portion of land was sold in the proposed society to some other builder, who had already started construction over the land in order to make another society,” police said. A case has been registered in this regard.

Source : Millennium Post