Another Stuck Project Of Jaypee Group. Review on Jaypee Aman Noida

In 2010 jaypee started making plan to make house and give possesion till 2013 at cheap rates near to Yamuna expressway, due to which I have also given some money as booking for house but till now( 2017) they didn’t gave a single house to any family.I am from middle class family and when I asked jaypee builder to give money back and they just start making excuses and always refuse to meet with me.Staff misbehave with me when I asked for information about the process and details of my house.Jaypee has done fraud with middle class family as Jaypee didn’t fulfill thier promise of thier customers.We are unable to do our registry till now as we have already given money for that.

Jaypee has cheated and harassed service class families by not doing anything till now. They are sitting on our money for last 4 years. If you ask for refund they will deduct our money and then payback. Investors Clinic are hand in glove with them. Beware of this company: Investors Clinic don’t ever buy anything from them.

• Forwarded message -

From: Chandrasekhar Subramanyam

Date: 1 April 2016 at 11:20

Subject: J P Aman Related

To: customercare@jalindia.co.in

I have booked a 2 BHK flat AMAN 0260205 in Oct 2011.

I got a letter Dt:6 Sept 2014 that the flat will be given possession in MAY 2016.

Pl. let me know whether you are sticking to this date or again it is postponed.

?Let me also know the specific reason for?Delay not simply saying circumstances  beyond control and we are doing best etc.

I need three to four months to arrange the money for balance aishwaryasingh23ment.

Pl. confirm

Prof S Chandrasekhar

Jaypee Greens has launched the project Aman on May 27, 2009, this 70 acre project is having 2/3 bed room flats of 850 – 1350 Sq.Ft, 9 hol.e golf course, at only Rs 2250/Sq.Ft possession will be given in 2012.

1. My 1st question – why any body from Jaypee is not involving in the deal?

I searched on net for any contact no of marketing personals of Jaypee Aman but that led me to a failure, every time it was a broker on the line.“No body gave me the number of the Jaypee Marketing Exc or manager”

2.Why every one is confused about the No of units of flats in 70 acre land?

During my conversation with brokers, I found that all brokers(almost 5) told me different numbers of units of flats. “Do they have approved Map for the project? If yes than why they are not sticking up at a definite number of units?”"If they don’t have papers than, how can they launch their project and ask for the money?”

1. Conversation with HDFC bank.A customer care executive of HDFC bank confirmed me that, papers of the property have still not passed by the Noida authority till 27th May 28, 2009.

4.Payment Plan for the Jaypee Aman.

20% of Basic amount+ IDC within 2 months of Booking. 10% of Basic amount within 4 months of Booking.10% of Basic amount on Excavation.They are collecting 40% of basic amount before the excavation?How much will be their investment into the project?At what stage of development will they ask to bank for finances?

5.Loading on super area.There is loading of 20% in the super area - as I was told by the broker but my calculation shows loading of 38%.

1. Construction of yamuna express way.The whole story started with this only, the land on which they are building the Project was allotted by the government as a payment of much hyped Yamuna Express Way – to connect Greater Noida to Agra – the project was launched in April 2001 and it was about to complete in 4 years, But it has constructed only 25 Km out of 215 Km. in 9 years.Are they liable to construct on the land, they are given as a payment of Express way which is not even 50% completed?What if government asks to stop this project in mid way?

Who will be responsible for the money of customers? Brokers who are indulge in the deal or the company which is indirectly collecting money from the market?