New Delhi: As a part of our continuous coverage to highlight the plight of home buyers in NCR region, we throw light on another such developer which has failed to deliver on many of its projects. The Jaypee group has several of its projects delayed across NCR and is at the receiving end of home buyer's wrath for years now.
We spoke to one such home buyer Naveen Hasija. Hasija promised his mother to get her their new home in Jaypee Aman in 2012. He lost his mother and couldn't fulfill his promise. But Hasija continues to fight for what he calls his rightful property.
“I have lost my mother in the meantime and she said she wanted to come and stay in this house. Who is going to take care of the sentimental value of these houses? It's a total fraudster’s setup. I have written to Manoj Gaur, they don't bother to respond,” Hasija says.
It’s not just Hasija’s fight, but that of nearly 3500 homebuyers who are awaiting their home in Jaypee’s Aman project in Sector 151 in Noida. Launched in 2009, the developer promised to deliver the flat in 3 years’ time. Even after 8 years, there is no sign of progress. Buyers claim they have paid almost 95% of the flat cost and are on the verge of bankruptcy.
"I invested in 2009, but haven’t been able to get any return till now. It looks very unlikely to get our home now,” says an aggrieved buyer to NDTV.
A lady investor adds, “We have no idea why there is no construction happening. Both my husband and I together paid Rs.33 lakhs in 2009. They told us they will give us possession by 2012.”
It’s not just the delay in delivery that is raging the buyers. Buyers allege that Jaypee is planning to construct additional towers around Aman and they will have to share common facilities with new home owners. The proposal was never mentioned in the builder-buyer agreement.
A furious Jaypee home buyer says: “The plan which was showed to us, on the basis of which we invested, that plan today is null and void. We have paid Rs.1 lakh for the club membership, why will we want that additional 1600 people when we are already 3000 members.”
Aman is just one of many delayed projects in Jaypee’s long list that includes; Wish Town, a 1,162-acre mixed-development project, the 2,500-acre Jaypee Greens Sports City, and a 450-acre Jaypee Greens project in Greater Noida. Some these have been delayed for 5 years now and buyers are scrambling for a way out.
Sahil Sethi, Senior Associate, Saikrishna & Associates suggests that aggrieved buyers should get together to resolve the matter.
Sethi says, “Get together in the form of registered associations. If there are organizations, go and join them. Get a sense of what's happening in project, talk to developer. See if it can be worked out you and developer, if the same is not happening, then approach appropriate forum such consumer forum, civil courts.”
Errant developers could be in for a long-term legal battle with home buyers, this, especially after consumer court ruled in favour of buyers in Kalypso court, a part of wish town project in 2016. The court ordered the group to pay a 12% annual penalty to the aggrieved home buyers and more buyers are likely to follow suit.
Jaypee is yet to answer our phone calls, e-mails or text messages on the matter.