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Supertech, Amrapali and Mahagun in Trouble – High Court quashes land acquisition in Sahberi, Noida Extension

Submitted by admin on Saturday, 14 May 201120 Comments

Anil Sharma, a manager in an MNC in Gurgaon panicked in the morning after reading that the Allahabad High Court had quashed land acquisition at Sahberi village in Greater Noida, the place where he had invested for a home in the Noida Extension residential scheme launched by a private builder. After a quick call to office requesting a half-day, he rushed to the site. He breathed a sigh of relief when the builder told him that his hard-earned investment was safe and he would get his home as promised.

However, the case was not the same for others. Most investors alleged that senior officials of construction companies could not contacted and their marketing staff did not have proper information.

“After reading the shocking news, I reached the Supertech office in Noida extension where we had booked a flat,” said another investor, Kuldeep Singh. “But the marketing executive assured me that all was well at their end,” Singh added.

Mohit Gupta, director (marketing) in Amrapali said that their Smart City project of 5,700 flats has been affected. Almost 4,000 flats had been booked. “We have chalked out an offer for our investors. We will offer them flats in the Dream Valley project in Techzone 4, a stone’s thrown away from this project. It will also have better features,” Gupta said.

“So far we have not been informed about any plans of the builder. Their assurances still have to be put down on paper,” said M Bhati, another investor.

RK Arora, MD of Supertech said that the group’s Eco Village II project has been proposed to be built on land of three villages – Ithera, Roja and Sahberi. “However, we haven’t been given the possession of Sahberi by the Authority so none of our projects have been hampered,” Arora said.

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20 Comments »

Anil Srivastava said:

I have booked a flat in Mahagun Mywoods. Although the SMS from Builder has come clarifying that the High Court Decision doesn’t affect my allottment, things are not clear. The Land acquired by Greater Noida Authority by consolidating various villages and subsequent auctioning the plots can be ascertained through documents and KHATAUNI which should be made public so as to clear the cloud over the issue. Till that time the banks also will not finance the project or those who have sanctioned will not disburse the loan.

- 15 May 2011 at 8:25 pm

Ravi Sharma said:

I dont know whether to feel bad or laugh at the explanation given by Supertech. They say that their project wont be affected because they dont even have the possession of the land on which they were planning this project…

How the hell were they planning to construct this project if they didnt have the land in possession??? Clear case of fooling the buyers… Government should take strict action against builders like these.. and general public should avoid falling into traps of such builders.

- 15 May 2011 at 11:39 pm

Manmohan Kumar Bassi said:

Sir,

I have booked an HIG Flat in Eco Village-II (A-2 Tower). Kindly let me know whether the said flat is covered under High Court quashes land acquisition in Sahberi, Noida Extension.

Thanks.

(M. K. BASSI)

- 16 May 2011 at 12:12 pm

ANUP KUMAR said:

Sir,

I have booked a Flat in Eco Village-II (D-12 Tower). Kindly let me know whether the said flat is covered under High Court quashes land acquisition in Sahberi, Noida Extension.

Thanks.

Anup Kumar Gupta

- 16 May 2011 at 2:55 pm

Rajesh said:

Hi, i have booked flate in Arihant Arden, which is nowhere in the news of denotification, however i am really tensed as i am not clear whether Arihant is part of it or not.

could somebody please advise me whether Arihant Ardent is safe or not.

- 16 May 2011 at 6:08 pm

Priya Shekhar said:

Sir,

I booked a Flat in Eco Village-II (H – 2 Tower). Do let me know the status of EV II. Also, confirm whether the said flat is covered under High Court quashes land acquisition in Sahberi, Noida Extension

Mrs. Priya Shekhar
Delhi

- 17 May 2011 at 3:22 pm

anita said:

what is the progress of Supertech EcoVillage I

- 17 May 2011 at 3:47 pm

sudhir Nainawati said:

I had also booked a flat in Supertech EV-II. My flat tower no. is B-29.

Although the Mail from Builder has come clarifying that the High Court Decision doesn’t affect my allottment, things are not clear. The Land acquired by Greater Noida Authority by consolidating various villages and subsequent auctioning the plots can be ascertained through documents and KHATAUNI which should be made public so as to clear the cloud over the issue.

I have given already more than 50% payment & I’m in tension. what will happen with me?? & with my money earned with very hard woork…….

Mkg. team of builder is ensuring but how can we believe on them?? without any document?????

Pl. let me know actual condition….

Rgds,
Sudhir Nainawati

- 18 May 2011 at 5:28 pm

SANJAY GUPTA said:

I HAVE BOOKED FLAT IN ECO VILLAGE-II AND I WANT TO KNOW THE STATUS OF ECO- VILL-II AND SHALL I TAKE BACK MONEY AS OFFERED BY THE BUILDER
PLZ SUGGEST ME WHAT I WILL DO

- 20 May 2011 at 12:57 pm

Ashish Srivastava said:

I’ve booked a flat in Supertech eco Village-II (B-2 tower-606). My broker tells me that only the small area of supertech(noida extension)is coming under sahberi village land.They Said Supertech vill-II will be made on 3 Village ie Itera, roja & sahberi gaon & you are not in trouble. Is it correct? I’m not very clear but map supports.
Will you please help me out. I am safe or not……………………
If you see the upper view of Supertech Vill-II then yoy will see SCT shape Tower.I had booked in C shape tower.
Please give me a fine & Correct suggestion

- 20 May 2011 at 3:21 pm

Aryan said:

To all People who booked their flats in Noida Ext.. I am confirming that Those land will allot back to farmers. Its all depends on builders, if they offer some high amount of money to farmers then only you can get flats at the same spots.

Now business point of view. They purchased land from govt at 10000 rs/sq meter(Official). Keep in mind that at least 2000 rs to 3000 rs per sq meter given to govt. officials as black money. so total cost is around 13000 to 15000 rs per sqmtr ..

If they need to pay around 5000 rs per sqmtr to farmers then they will not earn anything. and below that amount i don’t think that farmers will agree.

Now another question , how they will pay to farmers extra money? .. most of their money funded by banks and now after court order , Bank will unlikely to fund these builders.

—————————————-
My Personal Suggestion
—————————————-

If you can get your money back from builder even with 10% loss then recover your money. Real Estate is in big trouble. Demand is very less. Supply is very high so their prices unlikely to rise from current levels.

You can wait for 5 to 10 months and then you can buy homes at better locations with atleast 20% less money.

- 29 May 2011 at 3:01 am

Vikash said:

Hi,

I have booked a flat in Mahagun My woods and I am really worried as the broker (Gold Mine) is not taking my call after the High court order, but yes they sent a message on my mobile stating that the project is not affected.

I am really panicked as I am an outstation candidate and I do not know much about these builders and the scams etc. running around these, please advise can I cancel my booking and get the money back.

I have paid they approx 1.80lac in the month of Oct 2010.

Please advise as I really want to cancel my booking.

Regards,
Vikash Kumar

- 31 May 2011 at 9:21 pm

Manish Bahl said:

Sir,
I had booked a Flat in Eco Vill -2 in tower no D-19,the High court’s decision has created a panic and mental tension in me.Though on contacting the builder’s people are saying that their land is uneffected and they will soon clear the things and even construction is going on their site but will any body kindly clarify is the booking safe in the said Tower or I should withdraw my booking.Presently I m outstationed at varanasi.

Regards

Manish

- 6 June 2011 at 6:58 am

S Singh said:

I booked a Flat in Eco Village-II (B – 32 Tower). Do let me know the status of EV II. Also, confirm whether the said flat is covered under High Court quashes land acquisition in Sahberi, Noida Extension

- 7 June 2011 at 4:03 pm

singh said:

I have booked a flat in CZAR suites in Greater noida sector Omicron-1.
Can any1 let me know is there any dispute over this property as well.

- 6 July 2011 at 8:46 pm

Dipti said:

Supertech village 2 is highly affected. Lets meet them in their office and ask them for our money back. They are all liers. Eco village 2 falls right in the mid of shaberi village. Our Dreams are broken.

The MD is also giving a false picture by saying that it does not fall under shaberi village.

Its time to take a stand.

- 6 July 2011 at 10:46 pm

Aakash said:

Hi,
I have booked a flat in 16th Avenue, Gaur city 2, Noida extension.
Can anybody let me know that what is the fate of this project in future? At present I have deposited only 10% of the total cost. Plz. suggest what I should Do? Whwther I shiuld withdraw the deposited amount or go for wait and watch?

- 12 July 2011 at 6:20 pm

taruna said:

I too have one flat in B-18 Tower in Eco -II, & on meting I was told that yours is in ECO-III. I am agree with other investors opinion that we should try to get money back cos they will never tell the actual position. If so they should be told to provide site map along with actual location of vilages. They r having our mailsid and Mobiles but nobody cared to infor us about the status.

- 14 July 2011 at 12:02 pm

Vakul Aren said:

Hello.
I have booked a 2 BHK in Supertech Eco village 2, Tower B 3.I am being told by the builder that that area is safe and is not affected.Is this true and what is the potential loss I am lkly to face?

- 16 July 2011 at 11:33 am

pankaj kohli said:

hi my self pankaj kohli and i have flat in gour city gc5 and eco village 1 if u got some latest news or need my help to go some where then pl.contact me or mail me

- 24 July 2011 at 11:28 am