Seeking fast action to Get refund our Hard Earned Money Back From Bhagtani Group Builder who done Fr

DATE: 26/06/2019(Reminder) Date: 26/10/2018 To, < [deleted]>, < [deleted]> [deleted]. < [deleted] Mr. PRIM MINISTER INDIA /Chief Minister Maharashtra/Joint Commissioner of EOW Mumbai Sub: Dear Sir Sub : Seeking fast action to Get refund our Hard Earned Money Back From Bhagtani Group Builder who done Fraud of More than 800 Cr from 2588 Nos of Family ( Home Buyers) Several home buyers had invested amounts ranging from Rs 7 lakhs to 50 lakhs per flat in the proposed Bhagtani Riyo project and were given ‘provisional allotment letter’ on letter head of JVPD properties Pvt. ltd., announced in 2012-13 by Bhagtanis in two phases in Mira Road east. The proposed project was advertised as a residential project on ten acres of land, adjoining the western express high way in Kashi Mira with 14 Towers proposed to be constructed in Phase-1 and seven towers in Phase-2.(As per Affidavit submitted in the court on dated 24/10/2018 under Criminal Anticipatory Bail Applications 1533/1935/1725 of 2017 -Project BHAGTANI Riyo Kashimira , Total Investors Phase 1-554 +Phas-2 -608 =1162 nos., Total Principal Amount due is Rs 116.39 Cr ( Phase 1-Rs52.18Cr + phase 2 – Rs64.21Cr) , Rs 13.5 Cr paid to trust towards Value of Development Rs80 Cr paid to Trust by JVPDPP Ltd company under Agreement dated 15/12/2012 In 2012 JVPD properties Pvt Ltd had put up very big hoardings (image attached) in main key locations in Mumbai city, also advertised through newspapers and hired agents to lure home buyers. At the Proposed Riyo site, barricading was done to show the home buyers the existing land. Taking in to consideration the approach to site and affordable cost of the flats, many home buyers booked the flats in Riyo-1 & 2, by paying Booking amount in excess of 20% MOFA Limit say 30%, 50% to 100% depending upon rebate offered of the total cost of the flat & even addl. cost of parking in some cases along with service tax @3.09%.. After couples of years later when home buyers started to follow-up & inquire the status of the project, Bhagtanis and their customer coordinating team informed the home buyers that this is others land and yet not have been transferred and file is in legal process of getting it completed. When all the investors started following up for status of the project he (Bhagtanis) continued with the same story. Furthermore, builder used to inform that IOD will come soon and project will be started within couple of months. The builder continued with the same excuse up to 2016, that project land will be transferred within six months and then company will apply for development of land and for approval for the project to BMC. As per PLOA they use to commit In case this Riyo -1 & 2 if project will be delay or flats possession not provided in time the company will pay interest @ 15 % to home buyers for the delayed period or since received of payment with the interest