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Noida: Builder cheated us, say homebuyers in Amrapali Heart Beat City

The project has been delayed due to a dispute over land

noida Updated: May 24, 2017 22:38 IST
Vinod Rajput
Vinod Rajput
Hindustan Times
Homebuyers attended a tripartite meeting with the builders and Noida authority on Wednesday.(Virendra Singh Gosain/HT Photo)

Homebuyers of Amrapali Heart Beat City housing project on Wednesday said that they have been cheated by the builders who misled them by not revealing that there was a dispute regarding the project’s land, which led to delay in delivery.

The homebuyers attended a tripartite meeting with officials of Noida authority and the promoters of the builders, at the Indira Gandhi Kala Kendra in Sector 6.

Located in Sector 107, Amrapali Heart Beat City project was launched by Three Platinum Softech Private Limited, Pebbles Prolease Heart Beat City and Amrapali Group in 2009-10 with a promise of delivery in 2014. However, the project got delayed because of a land dispute pertaining to Sector 107 between the Noida authority and land owners in village Bhangel. Now, builders developing the project have demanded an interest waiver on payments between 2013 and 2016 when the construction was disrupted.

“Both the Noida authority and the builders cheated us by hiding the fact that a dispute was pending in Allahabad high court and the Supreme Court over the land on which the project was proposed. Builders also keep changing the directors, thereby harassing us,” said Puneet Parashar, a buyer.

Amrapali Heart Beat City, launched on 30,000 square metres, has 2,100 flats and the civil work has been completed. However, construction has been disrupted since 2013.

Homebuyers also alleged that the builder has siphoned off money collected from them. “Had the builder not diverted our funds, the project would have been delivered in 2014 itself, before the construction was halted due to court orders. Now we demand an audit of the builders’ funds,” said Bhuvan Chaturvedi, another homebuyer.

Buyers also alleged that the builder has accumulated Rs200 crore in funds that were not invested into the project.

“We will get the builders’ funds audited so that homebuyers are aware how the the funds collected from them for construction have been spent. I have directed the builder to submit tower-wise completion schedule in 10 days and expedite construction work at the site. The builder will also not change the layout of the building map without the consent of 60% of the homebuyers,” said Shishir Singh, additional CEO, Noida authority.

Sankalp Shukla, promoter, Amrapal Heart Beat City, said, “The Noida authority should give us interest waiver for the period in which construction was disrupted. Also, buyers should pay the remaining amount due through escrow so that we can revive our project. The project was delayed due to the land dispute. The authority did not tell us about the dispute at the time of land purchase in 2009.”

First Published: May 24, 2017 22:38 IST