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Why jaycee is doing fraud buisness.

Q: I have property in bhagtani riyo phase 2 from 3yrs now after 2yrs I ask for cancellation and refund as their no progress but they denied they force me to be in 1more yr in locKing period and then they will cancel and refund my money but now after 1 yr also now they are denying though commitment is on paper they are not ready to fulfill that they are showing that jaycee is big brand and investers are just common people so they can just Harres us.fraud company jaycee
Replies (12)
1
Now what can be done
vandana


2
Swati and abhijeet where u stay even I am been frauded by Bhagtani . Its better youll call me on 9987528254 for details ahead Vandana
vandana


3
Hello Buyers,

Realty giant Jaypee Infratech has filed for bankruptcy. The Allahabad bench of the National Company Law Tribunal has classified the company as an insolvent company. The company has 270 days to turnaround its situation, failing which the companys assets would be liquidated.

For more details about real estate news visit best real estate review website Cheated Buyers
Priya Jain


4
I booked the flat in Bhagtani Riyo in 2013. I have given my hard earned money of around 11 Lakh to Bhagtani builder as 30% of downpayment. But even after 4 years of booking nothing happened. It was agreed that if they do not obtain the requisite clearances for the land title and/ or intimation of the disapproval from the period of 12 (Twelve) months from the date hereof, plus a grace period of 6 months, then in such event, then they will refund the amount till paid by me together with interest thereon calculated at the rate pf 15% p.a. from the date of payment.
bhagtanivictims


5
I booked the flat in Bhagtani Riyo in 2013. I have given my hard earned money of around 11 Lakh to Bhagtani builder as 30% of downpayment. But even after 4 years of booking nothing happened. It was agreed that if they do not obtain the requisite clearances for the land title and/ or intimation of the disapproval from the period of 12 (Twelve) months from the date hereof, plus a grace period of 6 months, then in such event, then they will refund the amount till paid by me together with interest thereon calculated at the rate pf 15% p.a. from the date of payment. i don't have any other option except to sue him in court
bhagtanivictims


ANY WHTSAPP GROUP AVAILABLE FOR JAYCEE BHAGTANI RIYO PL LET ME KNOW 9987528254
vandana,  Mumbai
18th June 2018


6
Both the phases of this project are stuck for 5 years now. The buyers and investors are feeling helpless as there is not a movement in the status. The project has been in pre-launch status for years now. This is so typical of Bhagtani's projects. Hence it is important for people to go through developers track record and then only decide on buying. Also, such builders do not even maintain a proper communication with the buyers which is the most frustrating part.
Propsurf
Jigna Maheshwari


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PropKeep,  Delhi
27th October 2016


7
Hi

I had also booked in Bhagtani riyo phase 1 in sep 2012. now for last 3 months i am requesting them for refund but they are not listening.

We need to take collective action.

KST
KS Thakur


8
My next meeting is next week if they don't fulfill their commitment I am definitely going to take all possible action as they are using my money I will let them use my money for more yeasr but I will go legal and social both now because they are just making us fool.I don't want to be a fool
swati gupta


Is there a whatsapp group for home buyers of jaycee projects?pls text me on 9821920880
Sunil Bhatia, Apartment Resident 
1st October 2016


ANY WHTSAPP GROUP AVAILABLE FOR JAYCEE BHAGTANI RIYO PL LET ME KNOW 9987528254
vandana,  Mumbai
18th June 2018


9
My next is next if they fulfill their commitment I am definitely going to take all possible action as they are money I will let money for more year but I will go legal and social both now because they are just making us fool.I don't want to be that
swati gupta


10
Hi Friends!!
Why don't you take the help of social media to drag the builder like Amrapali Builders have been forced by the social media. You can also Tweets. Even ABP Live News and Aaj Tak have started complaint online. You can write down to them. May be that help you.
Arup rajan


11
Hi,
There is no progress on site in Jaycee Bhagtani Rio Phase-1, Whenever we ask for status they gave me a date which is 6 months later. Think of taking out the money and invest in some other projects where we can get real profit and our money will be in safe hand.
Anuj Gupta


12
I am agree with you Swati....
No one knows when will e get our flat possession and the Bhagtani's don't want to clear what is the actual reason behind the delay. I will say that they are simply enjoying our hard earned money. They have protected themselves with our hard earned money by investing in their other projects with the planed terms and conditions. I just want to know how many from you have opted for the refund and how many switched to other projects?
Abhijit Thanki


13

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