Residents staging protest against Jaypee Group
Home-buyers, who have invested in various projects by the Jaypee Group, on Thursday threatened to stage a protest next week against the developer for not delivering their flats on time. The homebuyers said that they would first try to meet the Jaypee management on August 30.
And, if their grievances are not redressed, then they would stage a demonstration in front of the developer’s office in the city, sporting black T-shirts. If our concerns are not addressed, we will lodge a strong protest said Markandey Mishra who is a home buyer and one of the main organizers of the August 30 protest, said.
Mishra claims to have invested in Jaypee Krescent Homes in 2011. The project was launched in 2010 and expected to be completed by the end of 2013. Only the ground floor of the 30th floor tower has been built and we have no clarity on possession date. All projects by Jaypee are delayed he said.
The project developers these days are delaying in delivering the flats. This has led to many people not buying flats which are yet to be complete. Probably the Jaypee Group will be taking some decisions on what to do.
Source: The Times ofIndia
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