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Amrapali के 16 प्राजेक्ट्स को NBCC शुरू करेंगीं । Supreme Court Updates 02/August/2018

NEW DELHI: The Supreme Court today said diversion of funds collected from investors by real estate developers was a "malady" and it wants to stop this "nonsense" once and for all. The apex court observed that if builders were diverting money invested by a person in a particular housing or commercial project to complete other projects, it, prima facie, amounted to misappropriation and criminal breach of trust. A bench comprising justices Arun Mishra and U U Lalit observed this while it was hearing a matter related to embattled real estate major Amrapali Group.

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Scam ! Jaypee Infratech Insolvency a Collusion of Bank and Builders

Jaypee Infratech was quickly pushed into solvency as soon as home buyers started protest for refund, now it is seemed to be scam of bank and builders, to keep home buyers deprived from money-back on possessed flats.

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Watch : Jaypee Group's Chairman Manoj Gaur tries to pacify protesting home buyers

Jaypee Group's Chairman Manoj Gaur today reached among protesting home buyers and tried to assured them that their invested money will not go anywhere. But, protesting buyers went out of control. Watch to know more.

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