[Resolved] BPTP Park Elite Floors Faridabad

[Resolved] BPTP Park Elite Floors Faridabad — FRAUD BY BPTP

N NIKHIL MALHOTRA from Delhi, Delhi Aug 28, 2009

I HAVE BOOKED ONE FLOOR IN BPTP PARK ELITE FLOORS, NEHAR PAR AREA, FARIDABAD, HARYANA AT A COST OF RS.16.08 LAKHS WHICH IS TO BE PAID IN INSTALLMENTS. THIS IS A CONSTRUCTION LINKED PAYMENT PLAN. I WAS TOLD BY THE DEALER THAT I JUST HAVE TO PAY THE BOOKING AMOUNT (RS.2 LAKHS, NON REFUNDABLE) AND THAT REST OF THE AMOUNT IS TO BE PAID IN INSTALLMENTS WHICH WILL BE EASILY FINANCED BY BANKS. NOW THE PROBLEM IS THAT NONE OF THE BANKS OR FINANCIAL INSTITUTIONS ARE GOING TO ADVANCE ANY HOME LOAN ON THE PROJECT BCOZ THE PROJECT HAS NOT BEEN APPROVED BY THE HARYANA GOVT. THE COMPANY HAS OVERSUBSCRIBED ITS BOOKING BY ABOUT 10-20 TIMES, A ROUGH ESTIMATE IS THAT FOR ONLY 800 ODD FLATS, THE COMPANY HAS BOOKED ABOUT 4000+ APPLICATIONS AND IS ASKING FOR PAYMENTS AS SCHEDULED. EVEN I HAVE PAID THE 1ST INSTALLMENT OF RS.2.02 LAKHS FROM MY OWN POCKET. NOW THE BANKS ARE NOT FINANCING THIS PROJECT AS IT IS NOT APPROVED. THE COMPANY DOES NOT HAVE THE LICENCE FOR ITS CONSTRUCTION. IF I DON'T PAY THE NEXT INSTALLMENT WHICH WILL BE DUE IN ANOTHER 60 DAYS. THE COMPANY WILL CANCEL MY BOOKING AND WILL GIVE ME BACK THE AMOUNT OF ISNTALMENT PAID MINUS THE BOOKING AMOUNT. IS IT POSSIBLE TO TAKE THE COMPANY TO THE CONSUMER COURT AND GET MY MONEY BACK. PLEASE ADVISE ME SOON. MY MOBILE NUMBER IS [protected] Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

Raghav004

from Delhi, Delhi

Jul 10, 2016

You may view the follow:-
The Hon'ble Court of Ms. Anju Bajaj Chandna, Special Judge (PC ACT) (CBI)-06 New Delhi District, Patiala House Court, New Delhi has order for the lodgement of FIR in the matter Mithun Aggarwal v/s M/S BPTP vide Criminal Revision No. 16/15 Unique ID No. 02403R[protected], consequently FIR No. 0137 dated 17/04/2016 is registered at Police Station Connaught Place, New Delhi. The said FIR has also been referred to SFIO by the court.

The Haryana Police has also lodge an FIR in the matter of Sanjay Gupta v/s M/s BPTP vide FIR No. 0101 of 2015 at Police Station Sector 56, Gurgaon under the direction of CM WINDOW HARYANA available at respective Deputy Commissioner Office in Haryana.

R.c.

from Noida, Uttar Pradesh

Sep 26, 2016

It is clear that BPTP will not deliver our flats.
In case anyone knows if other allottees have filed a court case against BPTP please let me know. I would like to join that and also contribute both in terms of money and knowledge to ensure that either the company delivers the flats or is made to pay.
My contact [protected] and [protected]@hotmail.com.

Shikha14

from Bengaluru, Karnataka

Feb 16, 2017

Dear all

I have also paid 85%of the amount with respect to Bptp elite floor. Kindly add me in the group. As per last communication from them possession date is pushed to Feb 18 which is also doubtful

I m ready to take legal action

Pls add me in the group
Shikha
[protected]

Rampal2

from Delhi, Delhi

Oct 14, 2019

We have paid 85% of the amount to BPTP Ltd and that was many many years ago. The customer care cell have been giving fresh deadlines every time, conveniently adopting dilatory tactics. Construction of the flat in block PA, Park Elite Floors, Sector 77 is incomplete by miles. Everything is in tatters. Rusting Iron grilles, sewage ?, water connection ?, no toilets, incomplete kitchen fittings We are not interested in the flat now as buyers cannot be forced to accept delayed flat. NCDRC recently (refer 11 July issue of TOI) ordered builder to refund entire money with simple interest @ 10.56 % p.a. I have no idea which is the appellate authority in case of small investors. NCDRC deals only in cases having cost exceeding one crore rupees. Here there was a delay of only two years. In case of BPTP, first cheque towards booking was encashed by BPTP in June 2009. So more than ten years already elapsed.

Sunil
[protected]