Ansal Properties comes under Supreme Court scanner after home-buyers complain of cheating and diversion of money

21 November

Ansal Properties comes under Supreme Court scanner after home-buyers complain of cheating and diversion of money

A petition was filled by a couple of people who have invested in Sushant Golf City Hi-Tech Township project of Ansal API. This petition was further directed by bench of two Justice DY Chandrachud and Indu Malhotra and they issued notice against the chairman of the company. The supreme Court has also sought an explanation from the firm Ansal Properties and infrastructure regrading the cheating thousands of home buyers who had invested in its projects almost a decade ago and are still waiting for their homes.
The Supreme Court has also seen such cases earlier by two other real estate agents Amrapali and Unitech.
The Supreme courts has also asked the government and the police as the home-buyers has stated that the government authorities and police has not taken adequate steps to ensure the cheating and diverting their money.