Homebuyers intensify protest against Amrapali

Noida: Irked over the delay in possession of their flats, a group of homebuyers from various residential projects of real estate giant Amrapali group continued their protest for consecutive fifth day outside the builder's office in Sector-62 Noida on Wednesday.

The buyers are threatened by the insolvency of Jaypee builder's group as the Amrapali builder's group is also one of such category.

The builder's group owes thousands of crore rupees to the three authorities of Gautam Buddh Nagar and many other banks.

Harassed by the builder, ignored by the authorities, the homebuyers have announced to sit on an indefinite relay hunger strike outside the builder's office.

The agitating buyers demanding their homes or a refund from the realtor.

They have waited for at least three years beyond the promised date of delivery of their assets.

"Since past many years we have been protesting against the errant builder for the delivery of our flats. We have knocked the doors of the previous government as well as the present but it seems like our words have fallen on the deaf ears.

"We have to take leaves from our jobs to come and intensify the protest. We think that this country is not to live for the middle class strata as even after paying heavy taxes and contributing to the growth of the country, our interests are ignored everywhere," said Raj Veer, who bought a flat in one of the Amrapali's project in 2010.

The buyers have demanded the arrest of the Chief Managing Director (CMD) of the group Anil Sharma as he alone has made thousands of home buyers suffer.

They also demanded that the interest on EMIs till possessions of their flats should be waved off.

Meanwhile, the Finance Minister of India, Arun Jaitley, on Wednesday tried to provide a respite to the homebuyers of Noida and Greater Noida.

On Wednesday, the minister said, "The government has full sympathy with the agitating Noida homebuyers and they can seek relief under the insolvency law."