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Bengaluru realtors scurry for cover with $1 billion bad loans +Cheated Buyers
Loans worth more than $1billion, or about Rs 6,800 crore, given to various residential developers in Bengaluru over the last few years by non-banking finance companies (NBFC) are in distress and seeking bailouts as developers struggle to repay them due to sluggish sales and stringent regulations enacted recently.
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CM Khattar takes on fraud builders +Cheated Buyers
The Group Housing Society was registered under Haryana Cooperative Societies Act, 1984 on May 23, 2003 by a group of builders with the commitment to build 96 flats of different denominations.
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https://cheatedbuyers.com/project/santiniketan-builder-gurgaon

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Rajasthan RERA acts against 4 builders for violating norms in Jaipur +Cheated Buyers
Manglam Build Developers Ltd was allegedly found guilty for publishing advertisement in newspaper inviting booking for Manglam Aroma project in Patrakar Colony. Similarly, Shubham Group allegedly published advertisement for Shyam Vatika, a residential township, which is coming up on Diggi Road.
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http://cheatedbuyers.com/project/manglam-aroma-jaipur

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NCLT initiates insolvency proceedings against Era Housing +Cheated Buyers
Delhi bench of the National Company Law Tribunal has given its nod for corporate insolvency resolution process against Era Housing and Developers (India) Ltd. The insolvency process was initiated at the request of state run IFCI Ltd. which had stated that the firm has been a non-performing asset (NPA) on its books since 2013. The firm owes around Rs 150 crore.
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http://cheatedbuyers.com/project/era-housing-faridabad

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Harassment by Real Estate Developer +Cheated Buyers
Real Estate developer - Pacifica Infrastructure has come out with its flagship township in Chennai. The township is called Pacifica Aurum. Even after 3 years delay the project is nowhere close to completion. While the builder forced consumers to pay for delay in instalments, it is now close to 3 years since the project completion is delayed.
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http://cheatedbuyers.com/builder/pacifica-infrastructure-company-chennai

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Complaint against Merit magnum money magnum vimal builders terraform realty +Cheated Buyers
Dont buy to get cheated and money wasted for cruel Money magnum builder
The builder Nainish shah and his partners are cheaters. They have litigations for this project as per RERA which was hidden from buyers. They changed date of possession to 2025.
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http://cheatedbuyers.com/builder/merit-magnum-money-magnum-vimal-builders-terraform-realty-thane

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Pune-based Wadhwani Commercials charged with grabbing Rs 7 crore land +Cheated Buyers
In a case of major land fraud, a Pune resident has claimed that his land worth Rs 6.92 crore has been grabbed by another person by forging the documents.
Khemchand Bhojwani, a resident of Park Street in the Wakad area has lodged an FIR with Sanghavi police that his land, situated at Pimple Saudagar, is being claimed by Naresh Wadhwani, a renowned builder from the city.
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http://cheatedbuyers.com/project/wadhwani-commercials-pune-amp-pcmc

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Pune Realtor #EIPROInternational told to hand over flat to buyer +Cheated Buyers
The state consumer disputes redressal commission has ordered Mumbai-based realty firm EIPRO International Limited to hand over the possession of a flat in a housing project at Mouje Chinchwad to its purchaser within two months. The commission also directed the firm to pay Rs2.25 lakh compensation and cost to the purchaser for causing mental agony due to the seven-year delay in possession.
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http://cheatedbuyers.com/builder/eipro-international-limited-pune-amp-pcmc

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Promoter of Mumbai's Dixit Realties arrested in second cheating case +Cheated Buyers
The EOW arrested builder Shirish Dixit of Dixit Realties in another cheating case filed by a group of lawyers. Dixit was arrested for allegedly cheating 21 tenants of a Wadala building. Dixit had entered into an agreement with the tenants in 2008 and promised to complete the redevelopment work in 34 months.
#BestRealEstateReviewWebsite #RealEstateForumIndia #WhatsappGroupofRealEstateBuyers
http://cheatedbuyers.com/builder/dixit-realties-mumbai

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UP industries minister warns Noida builders of stern action +Cheated Buyers
Home buyers demanded action against builders who have delayed delivery of flats. They also demanded that the Noida and Greater Noida authorities ensure realtors deliver flats without further delay.
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http://cheatedbuyers.com/builder/amrapali-group-delhi-and-ncr
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