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    Kiran Israni
    Provisional
    Dash  ·  
    Nov 21, 2020

    ANSAL PROPERTIES COMES UNDER SUPREME COURT SCANNER AFTER HOME - BUYERS COMPLAIN OF CHEATING AND DIVERSION OF MONEY

    in News Updates

    Source - India Legal


    The Supreme Court asked an explanation from real estate firm Ansal Properties and Infrastructure and its promoters for allegedly cheating thousands of home buyers who invested in their Lucknow project but didn't got any possession. Earlier, two other real estate firms – Amrapali and Unitech had come under the scanner of the Supreme Court. SC heard a petition filed by a batch of homebuyers in Sushant Golf City Hi-Tech Township project of Ansal API.


    A two judge Bench of Justices D Y Chandrachud and Indu Malhotra issued notice to the company and its chairman.

    The bench also took response from the state government and police as the home-buyers alleged that the government authorities failed to take action on complaint filed by them against the company for cheating them and diverting their money.

    Now the matter will be heard after 4 weeks.

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