More than 400 people who had booked flats in Teen Kanya, a housing project of Bengal Shelter Housing Development Ltd, in New Town (Kolkata), are in distress after State Bank of India announced that it was taking possession of the project to recover dues in excess of Rs176 crore. The project is half-complete. Most flat-owners bought into the Teen Kanya project because the state housing board has 49% stake in Bengal Shelter Housing Development. Three directors of a real estate company, Ajay Kumar Singhal, Pankaj Kapoor, and Manoj Kumar Goyal, were arrested by the economic offences wing (EOW) of Delhi police for allegedly cheating around 200 investors of over Rs10 crore under the pretext of allotment of flats at Sonepat (Haryana). The real estate company offered flats at Sonepat with a club, swimming pool and other facilities without having any valid licences or permission from the authorities to develop such a project.
The accused had promised to hand over the flats within three years but construction at the site never started. The victims ran from pillar to post and made every possible effort to recover their deposit amount. A case of cheating and criminal conspiracy was, finally, registered at the EOW police station based on the complaint of Hari Om Goyal, one of the investors.
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West Bengal Government should immediately take protective action to save innocent buyers. We request, WB CM, who is a saviour of the poor and innocent to look into the matter and render necessary helpASAP.