Noida, Oct 19 (IANS): Many builder groups including Amrapali, Jaypee, the 3C Company and Supertech defrauded the investors by registering the booking in the name of residential projects and leaving them incomplete to finish their own commercial ones first.
By giving the commercial spaces on rent, the builders earned big profits. Jaypee Builders prioritised the completion of Wish Point in Sector 134 Noida, Pavillian Arcade in Sector 128, Kalypso Arcade in Sector 128 and Jaypee Commercial in Sector 133, Noida.
The other groups did the same by taking money from the residential flat owners and leaving their projects incomplete.
The buyers are upset at not getting their houses even after paying a huge sum of money and are tired of constant false assurances by the builders.