Nirala Estate from Nirala Developers

Starting a new thread as there is none on this project from Noida Extn despite over 50% flats booked claim by the developer and even substantial work (excavation Foundation casting/basement level) at the site.

    One of my relatives is a investor and has paid 30% without bank finance and it seems all lost for him.

      Many have paid even 95% with finance as they had a good difference in rate under docn payment option

        In sharp contrast to builders like Gaur, Amrapali, Supertech who have had senior representatives (MD/Chairman etc) facing the public and media this group has left all its investors to be handled only by junior executives

          Not once have they assured of any chance of money being returned - infact theya re already very open about the fact that they cannot return any (even with deduction) if they dont get releif from GNIA

          Need advise from senior members on how to deal with such a builder who has not invested heavy at the site and is still claiming that they are already/almost bankrupt

            Can investors ask the builder to furnish project accounts througha legal notice? i.e. as on date

              How can they force the builder to bring forth their key promoters to reply in person?
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