FIRs against Amrapali Leisure Valley, director for duping several investors
New Delhi: Economic Offences Wing of the Delhi Police on Saturday registered multiple FIRs against Amrapali Leisure Valley Pvt Ltd and its Director Anil Kumar Sharma for cheating multiple investors over the last decade by promising them flats and villas and misappropriating the booking amounts while not delivering the projects.
According to one complainant, the accused approached him with a villa project to be constructed in Greater Noida. The accused was selling a villa with parking space to the complainant for a price of Rs 60.5 lakh at a booking amount of Rs 4 lakh.
The complainant subsequently transferred the booking amount and signed an allotment/buyer agreement in August 2010. He was promised to get the delivery of the property within 18 months of receiving the booking amount.
The complainant eventually had to take a loan of nearly Rs 36 lakh in order to pay the remaining amount for the villa, for which he is still paying interest.
According to the complainant, the developer failed to even finish construction of the project. And in addition to this, the developer also charged close to Rs 1 lakh under the pretext of having to pay Noida Authority.
In another FIR against the aforementioned accused, the complainant alleged that the developer duped investors by assuring them that they had necessary permissions from concerned authorities for the construction. And based on that, several advertisements were taken out in newspapers, inviting members of the public to invest.
Complainants in both FIRs said that company employees and Director Sharma were coy about arranging meetings at the site office after receiving the necessary booking amounts. Even when the complainant from the second FIR went to the Delhi Government Mediation Centre, the accused kept avoiding them. In addition to this, she also alleged that the accused developer has not yet paid outstanding arrears to concerned authorities in as many as three other construction projects in the Greater Noida area.
The complainant from the first FIR also alleged that after being handed an unfinished villa, he was further asked to pay Rs 8 lakh to a third party developer for the completion of his property.
Both complainants have alleged that the accused have continuously duped multiple investors in such projects and misappropriated crores in the name of collecting booking amounts and paying relevant authorities.
A case has been registered u/s 406/420/120B of the IPC against the accused and his accomplices at EOW.