Noida-grape noida – The news of bringing earthquake in the real estate industry of NCR has come out. Sitting close waiting to get his dream house for years 70 thousand flat buyers There has been a big relief news for. Supreme Court Done Builders and banks/NBFC nexus Check of Order for CBI Have given, which has created a stir in the entire real estate sector. This step Supertech, JP, Unitech and Amrapali For example, thousands of complaints have been raised against big names.
Historic order of Supreme Court: Strict eye on builder-bank alliance
The Supreme Court made it clear that the buyers who Subvention scheme Under the flats were booked, he was deliberately misled. In this scheme, home buyers were given the option to book the house by paying only 10-20%. The condition was that the builder will give the interest of EMI to the bank till the flat possession is received. But the opposite happened.
The builder filled the interest for a few months and took the buyers into confidence and then suddenly stopped payment. The loan amount was diverted to other projects, which also stalled the construction work. Due to this, flat buyers could neither become the owner of the house, nor repay EMI and declared a defaulter.
CBI directed to make SIT, hearing will be held every month
Supreme Court has made this mess A special investigation team for CBI investigation (SIT) Has ordered to be made. Court of UP and Haryana Instructions to DGPS It is given to hand over the experienced police officers to the CBI for investigation. Also, an interim report will be sought after hearing this case every month, so that the investigation will continue.
thousands of buyers hard work and lifetime earnings at stake
According to an estimate, such in Noida and Greater Noida More than 70,000 flat buyers Those who have not found a house till date. Most of these people Middle class Those who come from Pre-EMI scheme Bought flats under. The names of these projects are:
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21 Projects of SuperTechMany of which have been staying for years
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Jaypee Greens Wish TownWhich was once considered a symbol of luxury
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Unitech And AmrapaliOn which many scam cases are already underway
Bank and NBFC suspected role: double hit on buyers
Banks and in this real estate sector scam and Role of NBFCs Has also been taken under investigation. According to the Supreme Court, many banks knew the projects that were given loans Solvency Was suspicious. The builders received a hefty amount from the bank and a loan was run in the name of the buyers, whose payment was not recorded.
According to a report, 19 financial institutions Invested in supertec projects, in which complaints from more than 800 aggrieved buyers have come to light.
Buyers’ pain: “Dream house has now become a scary dream”
Complaints of flat buyers are extremely touching. Many people have been filling both fare and loan together for years. Some lost the job, some had to face mental stress.
Amita SharmaWhich has bought flats in Greater Noida West, states:
“The flat was booked in 2014. Capture has not been found till date. EMI is also going and now a defaulter has been made. Life is ruined.”
Question on the government too: Why not take action in time?
Due to increasing number of real estate scams Role of state government and authorities But questions also arise. Noida and Greater Noida Authorities did not take strict action against the builders in time. Despite the implementation of the RERA Act, there is no adequate action in such cases System negligence It reflects.
What will happen now? Hope vs. reality
Now that the Supreme Court has ordered the CBI inquiry into the case, Relief to flat buyers Hope to meet. If the investigation became transparent and strict action was taken against the culprits, then this step A new trust in real estate sector Will produce
However, the question is also whether these buyers will get their home or will this investigation be entangled in a long judicial process?
Expect justice
This case is not limited to just one city or some builders. it Real estate model running all over the country Highlights the shortcomings of. The pain of more than 70 thousand buyers has moved towards relief from a judicial action today. If this action goes in the right direction, then perhaps in the coming time Every middle class house buyer of India can get their right and dream home.