Is this builder a legitimate deal? Or are people going to lose their money and investments with another fraud?

Abhishek, Delhi

29th February 2016

Investment Advice in Morpheus Pratiksha, Sector-1, Greater Noida

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Replies (8)

Hi everbody,

My flat number is B1-1506. I still posses this flat in the name of Avirup Maulik. Asking Morpheus for return of my money. They are not at all replying to any of our letters or mails. Hence, please do not buy this flat without asking me, otherwise you will be in problem. If the builder approaches you, please contact me at +919836077284. I am based at Kolkata and fighting my best to get the return. If any of you are already contesting legally, I can also join you and the necessary legal charges would be borne by me.

Ashok Maulik, Kolkata
+919836077284; +918876599688

Ashok Maulik,

14th February 2017

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Hi Gaurav,
Kindly give me yours contacts,i have more then 23 people they are victum of by back scheme. we are going teke action against morphues,my no is ,9990382768.

Gaurav, Delhi

17th June 2016

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I have been allotted Flat No. 2201 Tower B in Morpheus Greens in Sector - 78 Noida against investment made with Company. This is information for all concerned and Do not purchase this Flat as I have Full power to take possession or sell to this flat to any one since builder is defaulter and all the cheques issued by the company have bounced.

Ramesh Malik,

14th June 2016

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This developer is a fraud, please don't go with them. Check there accounts they do not have any money. There cheque bounce.

Sanjana Mohan,

12th April 2016

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They are frauds.

Sanjana Mohan,

12th April 2016

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Hi evgerybody,
I have some information about this builder as i have inquired about this project. Morpheus developers have completed one project in Noida Sec 78 which is Morpheus Greens. Their second project was Morpheus Bluebell which was initiated in 2010 but its construction is still going on. It had one more project as Morpheus Violet which stopped after few months of its launch. So, before taking any decision check all the due diligence for a safe riding.

Gautam Das, Delhi-NCR

4th March 2016

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hi ,

But they are not responding the queries of the buyers.No one have much information on project Morpheus Pratiskha.i alretady marked many emails to them and no response receive yet. They marked and add parking and other charges without knowledge of buyers and its already mention on the MOU that its not mandatory.Please help me out from my issues if they are really good Builder.

lata sikri,

20th June 2016

Hi Hemant,
You are right. I have been a victum of the buy back scheme Morpheus Pratiksha has introduced. I invested in sec 2013 and they promised to return the money at rate of 30%. When the time came to get my hard earned money back, and I deposited the cheque in the bank, it got returned with a note, insufficient fund. I have all the MOU and other documents. Can any one suggest what should I do next.

Saran, Noida

4th March 2016

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Hi Saran,
I think you should take the advice of a legal expert or should file a case in the consumer redressal forum for deficiency in service and ask for the compensation. Builder is responsible for the delay and should pay the entire amount along with interest.

Shailja, Delhi-NCR

4th March 2016

This happened with us as well, they are frauds.

Sanjana Mohan,

12th April 2016

Hi All,
My self Sandeep Tripathi and I have a unit in Morpheus Pratiksha. I just let you know that there is meeting with Builder on 10th July'16 at site office of Morpheus Pratiksha. I request to all please come and raise your voice. Kindly provide your contact detail or call or ping me at +91 9310696669. I have around 50 friends who have flat in same project.

sandeep, Apartment Resident

6th July 2016

Hi Abhishek,
Don't believe in any rumors. If you are really planning to buy property then you must visit the developer's office ask for the legal documents, verify it by a legal expert, see the location advantages, connectivity of the roads, transport system in the locality and the basic amenities from the project site.

Hemant, Noida

4th March 2016

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