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KDP ETHOS is a fraud launched by kdp group , they needed money for completing their project Grand Savana. so they launched Kdp Ethos. now after 2 years of booking they still don't have approval neither they will ever have, because their purpose is over. now as a buyer i am cheated. don't know what to do? any suggestions???

Q: KDP ETHOS launched by kdp group in raj nagar extn. was a fraud, they needed money for completing their project Grand Savana. so they launched Kdp Ethos. now after 2 years of booking they still don't have approval neither they will ever have, because their purpose is over. now as a buyer i am cheated. now there is a huge price gap for present properties.don't know what to do? any suggestions???
Replies (12)
1
Hi Riya
I am Deepak Kumar Shrivastava and I have also booked one 3 BHK flat in ethos. I use to be placed at far away places due to my employer's requirement. Presently I am in Pune. I think it will be better to continue with as builder has no option to use the land otherwise. Location is also fine and rate too. Only we should vigorously pursue with the builder about the progress on project.
Deepak Kumar Shrivastava


2
Hi Riya,
The best option is that we can make a forum/society named KDP ethos investors association, hire a lawyer and prey to the court that the land should be transferred in the name of the society ( if court will take cognizance of the fraud it will easily pass such order and restrain builder to sell/use the land. Apart from that you have to remember that unless you do not get any written intimation from the builder don't take your money back.
I have booked a unit in ethos and know some people (around 6 ) who have also invested there. I do not have time but if someone takes the initiative and make blog of KDP ethos fraud it will help unite the investor and will in turn be very useful to tame the builder

Karun Duggal, 9811163587
karunchess@gmail.com
Karun Duggal


3
Hi saurabh
The best option is that we can make a forum/society named KDP ethos investors association, hire a lawyer and prey to the court that the land should be transferred in the name of the society ( if court will take cognizance of the fraud it will easily pass such order and restrain builder to sell/use the land.

Apart from that you have to remember that unless you do not get any written intimation from the builder don't take your money back.

Karun Duggal, 9811163587
P.S.
I have one flat in ethos and know some people (around 6 ) who have booked in ethos. I do not have time but if someone takes the initiative and make blog of KDP ethos fraud it will help unite the investor and wil in turn very useful to tame the builder
Karun Duggal


4
Hi,
I managed to find khasra No. of KDP Ethos, Khsra no. is 920 if any one have any idea of GDA then please try to find what exactly the issue is with Approval. As per KDP officials road is not passed by GDA so the approval is not coming.
Regards,
Shorabh
Shorabh Sharma


5
Hi, this is Shorabh, I have booked two flats one is with my name and one is in my elder brother name, we also have several meetings with KDP owner and officials, however they are forcing us to take the money back. I also think that are want all of us to take our money back so that they could resell it on higher price. If any one of you want to contact me or my brother then please feel free to call us at : 9999191711; 9810041791
Shorabh Sharma


6
Everyone who ever has booked flat in KDP ETHOS. don't cancel u r bookings because that is what builder wants. because that project would be definitely relaunched with new price may be with new name, but if u have not cancelled ur booking, builder will have to give u flats on ur booking rates. u dont need any agreement for this just keep u r transaction details. it has happened in Noida Extension. Can anyone who has knowledge about legal issues can confirm it.
Riya
riya singh


Hi, this is Shorabh, I have booked two flats one is with my name and one is in my elder brother name, we also have several meetings with KDP owner and officials, however they are forcing us to take the money back. I also think that are want all of us to take our money back so that they could resell it on higher price. If any one of you want to contact me or my brother then please feel free to call us at : 9999191711; 9810041791
Shorabh Sharma,  Ghaziabad
25th May 2013


7
Hi i have also booked one flat in kdp ethos project i contact them many times but always says approvel is to come. Please contact me for further meeting.my mob.No.is 9811585285.
Vinod Kumar


8
Hi, I've also bought a flat in ethos. Kindly call me in any such meeting in future. schedule the meeting on sundays. my contact number is 9953464403
Mayank Tyagi


9
I dnt think they will close down the project, true there must be something wrong or the builder might have some intensions, because they promised a huge project with 4 Blocks and 400 residences. If they cheat, they will surely be dragged to court! What is the latest status?
Shefali


10
Hey riya, i think you should join owner's group of KDP ETHOS , You can accumulated more people who are going though same problem.
Doel Singha


11
Hi, guys, i think , if this is the case, you guys should take legal action and send them a legal notice. when they promised you for the possession??What the builders are telling?I think legal notice may help you guys to have a concrete way to deal with this.
Kanika Kumari


12
Dear Riya,
myself Vishal, one of the unfortunate buyers of KDP ETHOS. We some of the KDP buyers have united against this fraud done by KDP. Even we arranged 3 meetings with KDP officials and with Mr. Anuj Goel(Last meeting was on 3rd feb). We need your mass support to fight against this fraud.
vishalraj


plz provide your mail id to me so that we you can join the next meeting to be held soon.
vishalraj,  Delhi
5th February 2013


my email id is vsvishalsharma961@gmail.com
vishalraj,  Delhi
5th February 2013


and mine e-mail id is mayank.tyagi1409@gmail.com
Mayank Tyagi,  Ghaziabad
11th April 2013


vk17864@gmail.com
13th April 2013


13

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