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Tribune Information Service
Zirakpur, September 24
The Mohali police at this time booked the administration of Gupta Builders and Promoters Non-public Restricted (GBP) for duping scores of buyers by taking cash from them on account of residential, business properties, funding and different actual property dealings.
Numerous buyers at this time approached the Mohali police with their complaints after studies of the builders fleeing the nation began gaining floor.
Police officers mentioned there have been comparable complaints in opposition to yet one more actual property agency, which had been being investigated.
Individuals from the tricity, Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir amongst others had invested their hard-earned cash in varied housing tasks. They alleged that the true property agency administration and the workers had been incommunicado for the previous one week. Places of work of the agency have been locked for the previous one week.
On a criticism of Mohali resident Sarika Poplani, administrators Satish Gupta, Raman Gupta, and Pradeep Gupta, all brothers, have been booked.
“As many as 35 individuals approached us at this time. They’re claiming a fraud to the tune of Rs1,500 crore by the GBP administration. The police have begun investigation. The quantity may very well be much less or extra because the builders have a number of tasks in Zirakpur, Mohali, Kharar, New Chandigarh and different locations. Extra buyers are more likely to file complaints within the coming days,” mentioned Mohali SSP Satinder Singh.
SP (Rural) Ravjot Grewal mentioned: “A case has been registered in opposition to the administration of the GBP Group below Sections 406, 420 and 120-B of the IPC on the Zirakpur police station.”
GBP managing director Satish Gupta didn’t reply to repeated cellphone calls. A case is already registered in opposition to the group for unlawful reducing of plots in New Chandigarh. Two instances of promoting business websites in Sector 66 with out the approval of the competent authorities are within the investigation stage.
The GBP builders’ residential and business undertaking, Camelia, in Kharar and GBP Centrum in Zirakpur are below building since 2016. Residential and business undertaking, Athens, on the Airport street can be mentioned to be incomplete. In New Chandigarh, a proposed residential colony is but to enter the development stage. Sources mentioned a UK-based conglomerate had signed an settlement with the group to speculate cash in crores, however now it has pulled out of the undertaking.
Individuals from tricity, different states amongst buyers
Individuals from the tricity, Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir amongst others had invested their hard-earned cash in varied housing tasks. They alleged that the true property agency administration and the workers had been incommunicado for the previous one week. Places of work of the agency have been locked for the previous one week.
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