News

Managing Director Of Jaypee Infratech Along With 3 Officials Accused Of Duping

As per the sources of police, the managing director of Jaypee Infratech along with three more officials of the same firm have been accused of misleading and double-crossing an investor.

A resident of Ghaziabad, who had invested in Jaypee Infratech, has filed a complaint at a police station of Dankaur against the Managing Director, Chief Manager, Senior Chief Manager and Joint Managing director of Jaypee Infratech, on account of being duped and deceived by the firm.

The resident of Ghaziabad has accused the firm saying a flat was booked by him in the “Sports City” project by Jaypee Group in 2013. He was promised the possession in 3 years by the developer.

But, according to him, when he went to the site after the deadline, the construction work was not even started by the Jaypee Group.

Later, the complainant went and approached the YEIDA (Yamuna Expressway Industrial Development Authority) and he was informed that Jaypee Group had not even received the layout of that particular housing project.

Going with what has become very popular nowadays, the complainant informed about the entire thing to the Chief Minister, Yogi Adityanath, in a tweet. Later, a legal complaint was filed by him in the police station.

Team iPropUnited

Share
Published by
Team iPropUnited
Tags JaypeeNews

Recent Posts

Land deals surge by 48% in 2024, with Delhi-NCR taking the lead

Over 40 land deals were recorded in the Delhi-NCR micro-market, with Gurugram contributing to 60%…

5 days ago

Personal Finance Tips for Young Professionals

As a young professional, building a strong financial foundation early in your career can set…

2 weeks ago

The Importance of ESG (Environmental, Social, and Governance) in Modern Business

In recent years, ESG (Environmental, Social, and Governance) has become a critical framework for evaluating…

2 weeks ago

Why Premium Housing is Gaining Popularity Among Millennials

In recent years, the demand for premium housing has seen a significant rise among millennials,…

3 weeks ago

Year-End 2024: Industrial & Logistics Sector Drives 10% Growth in Private Equity Investments

Data reveals that the Indian real estate sector attracted $4.3 billion (Rs 35,600 crore) in…

3 weeks ago

Why Tier-2 and Tier-3 Cities are the Future of Indian Real Estate

India’s real estate market is undergoing a profound transformation, with Tier-2 and Tier-3 cities emerging…

4 weeks ago

This website uses cookies.