Save the Amrapali Home Buyers!
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We, the home buyers of Amrapali - Noida, Greater Noida and Noida Extension (Greater Noida West), Mostly we have booked our flats in year 2008, 2009, 2010 so on, However, there is no sign of getting our home even after 7-8 years of booking. To have a home of its own is no less than a dream of a man and he saves each penny to buy a home one day. So, are the buyers in NCR. Currently even the construction is on hold and the builder is on verge of insolvency.
After putting all our hard earned money into buying a flat and after paying 80-90% of the flat amount, we have been waiting for over 7-8 years. There is no development taking place and the builder has halted the work. Apparently because they are not getting enough money from the financiers. Looking at the construction progress, there is no sign of even getting our flat in next 3 years or so. Where are the buyer at fault? Is it a crime to have a dream of a man to have a home of his own?
We as buyers, booked our flats because the authority had given the approval to builders to build homes and banks were financing the projects. Since then, we have been paying our EMIs to the banks along with the rents in our current accommodation. Not to forget that the rent is increasing every year and the school fees of our children are increasing every year. Authority is silent because they have got the money from builder. Where do we, the buyers go? Every day and every month, we are draining our hard earned money with no sight of getting our homes in any near future.
If we fail to make payment of fees to our children’s school on time, they will be thrown out.
If we fail to make the EMI payments on time, banks will further add interest and penalty on us.
Being people from the middle class families, we believe that we have got into the spiral of draining our money and banks and builders have cunningly trapped us. We booked the flats because these were being financed by the banks. Then how can the banks wash off their hands? They certainly have a stake on this and they cannot remain silent and keep taking our EMIs.
We sincerely hope and request our Honorable Prime Minister and the Honorable Chief Minister to intervene on the matter and resolve.
I request to all home buyers to support this so that our voice can reach to the concerned authority, and stop paying EMI, so that government can listen us.
Thanks and regards,
Amrapali Home Buyers
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