Jaypee Infratech home buyers stage protest against delayed delivery

Home buyers in Noida, who booked properties with the real estate firm Jaypee Infratech, staged a protest against the company at Jantar Mantar and demanded that the government set a deadline for the delivery of their booked units

Scores of home buyers in Jaypee Infratech’s projects in Noida, on August 19, 2017, raised slogans against the company for its failure to deliver homes on schedule and also tried to march towards the Parliament building but were stopped by the police. Speaking to media persons, the protesters said they were waiting for delivery of their homes booked with the company for years and now they wanted the government to set a deadline by which they could take possession of the properties.

“A large number of home buyers are waiting for several years but there is no hope that it will be done any time soon. Now, we want the government to give a deadline, by which the homes will be delivered to us by the company,” said one of the protesters, Neeta Linz. Jaypee Group could not be reached for comments. Calls made to its executive chairman and CEO Manoj Gaur, remained unanswered.

See also: Jaypee Infratech bankruptcy: What options do aggrieved home buyers have?

The company, which is developing about 32,000 flats and plots across various projects in its township ‘Wish Town’, has been facing protests and litigation from home buyers, due to huge delays in completing the projects. The protesters were detained by the police, as they tried to march towards the Parliament building and were taken to Mandir Marg police station, from where they were released later.

 

Comments

comments