Q:Right now there is no project in NOida where in you could get rate of Approx 3500 Rs per square feet Basic and we all invested here in the same rate bracket.........Now they are seeing this as gold mine because everywhere rates are approx Rs 4200 per sq ft basic rate .....They are demanding that all investors in Ajnara Ambrosia should withdraw their amount given to the builder and now after 5-6 months they will sell the same inventory at the rate of RS 4500-5000 per sq ft.............I might be wrong but something is fishy with Ajnara Ambrosia now........I have come to known that Ajnara is scrapping this project due to land problems.......But how can such reputed builder do this ??? Either this is game played by the builder or some consortium........Any inside story Please or comment ?? I have also invested in this project in last May 2012....There is hardly any response from the Ajnara office...
Latest Answer: This situation with Ajnara Ambrosia seems suspicious. If they are asking investors to withdraw and reselling at higher rates, it raises concerns. If land issues exist, transparency is needed. Many of us are affected, so legal action or RERA intervention might help. Houssed provides real estate insights and could have more info. Has anyone received a clear update from Ajnara?
