Amrapali Dream Valley project’s actions against MD

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Homebuyers of Amrapali Dream Valley project have written a letter to the Prime Minister’s Office seeking the permission for impounding of the passport of Amrapali MD Anil Sharma. These Dream valley project included flats of different variants but the highest number of buyers were of 1bhk flats in Noida, Amrapali.

The buyers are in a fear that Sharma may try to leave the country as the project is far from complete. Amrapali is one of top investors who is in debt of owing huge amount of money to Noida and Greater Noida authorities. Most of its projects are sold but is far from construction.

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In a letter of appeal to Prime Minister Narendra Modi submitted on February 22, Dream Valley buyers have requested that impoertant measures should be taken to safeguard the interests of buyers who have deeply invested in Amrapali.

Meanwhile, the Noida homebuyers’ association on Thursday demanded explanation from the Noida Real estate authority on lack of investigation on their part and keeping a check on defaulting builders. They wrote a letter seeking answers from the GNIDA, Nefowa referred to therecent arrest of Earth Infrastructure owner Avdesh Goel by the Delhi Police in response to complaints by the Economic Offences Wing. Goel was arrested on February 20 on the basis of complaints by investors in Amrapali.

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