Need Justice/direction to resolve Issues I am having with Wave city Project in Noida. I want to bring the cheating and fraud case done by Wave group to many Aam Adami. I booked a flat in Elegantia tower of wave group in Wave City Centre, Noida, so that I could live there. They mislead me by quoting L&T has started the construction 2 years ago while no construction has been made from last 2 years. I have lost value in terms of Principal value invested but also Interest loss. Whenever we are asking the status of project they give same response that Piling is in progress from last 2 years. I have purchased this flat to start living there after getting the possession in 3 years, But as per Wave construction speed it looks the project will not be able to get deliver till 2020.You can think if they took 2 years to do piling then how much time they will take to construct 50(app) storey building. I have paid 40 lakh rupees to them and paying heavy Interest on same, because of this I am undergoing Mental torture and Money crisis as I need to pay monthly Interest on same. We are putting hard earned money to buy house to live but such kind of builder’s does not have any kind of botheration. I would request you to please guide me so that I could get my money refunded in full plus 18% Interest Rate (which they have imposed in case of any delay payment)
I have requested wave group for my money of 40lakhs+ to be returned back with18% of interest that they have unethically used for other projects for last 2+ years. But they are refusing for same and not responding to my emails. Recently, CCI has imposed major fines to DLF and on similar grounds Wave group should also be punished. If I would have delayed a payment then Wave group would have imposed 18% interest and in all fairness thats what Wave should pay back to me.
Wave group and its employees have made fake promises and it is a criminal breach of trust, hurt and cheating and misappropriation of money for intentionally extortion the large amount of money for their building raise dirty business. That as this is the unfair trade practice, malpractice to appoint liar & mischievous Sale Representative like Shishir Yadav, Noida to do false promises & fraud and entrap my hard earned money in many years of work, into their large projects .This is not right and not ethical to fool the Aam aadmi and eat their hard earned money. They are such cheats. What will happen to my family if i lose all my money. Please help.