Nexus between builder and bank - sanctioning home loan on fake documents
I had taken a home loan from HDFC to buy a flat in Mathura. Before booking of above flat HDFC officers had confirmed me verbally that HDFC is providing home loan for this project ( some of the loans of other customers were sanctioned earlier ). Builders had failed to give the possession in time limit & denying to refund the money back. Through RTI it has been confirmed that the builders has constructed the project against the sanctioned plan which was later got compounded from local development authority. But it is revealed that my flat for which loan was sanctioned, was does not exist in the first approved plan thus was an illegal construction before compounding & my loan, as well as loan of some other customers, was sanctioned before compounding i.e on unapproved plan. Means builder had submitted the fake documents & false statement. to bank which bank does not verified, there seems a nexus between bank officials & builder. HDFC has denied to provide approved plan submitted by builder with them. Complaint has been registered with bank at all platforms i.e. on Bank's portal, their facebook account, E-mail, but they are not replying or responding. I had lodged my complaint against the builder to Govt bodies.
Now I wants guidance that...
Q 1. What action / steps should I take against the bank.
Q 2. Stoping of payment of EMI of bank, with or without communicating to bank is justified & as per law.
Q3 Shall I go to consumer court against bank
Asked 8 years ago in Civil Law
