NR Builders’ case: Bail plea of two rejected 
Our Correspondent 

Noida, March 4
After the Noida Authority lodged an FIR against the management of NR Builders for having sold flats in Sectors 48 and 142, there is total chaos. 

While the bail applications of U. K. Kesarwani and Rajesh Jain have been rejected by the court, the builders of Kesar Gardens and Gulmohar Garden apartments are reported to be bringing in political pressure on the district administration and the police.

Kersarwani and Jain had collected the full price of land of three apartment buildings from the flat allottees but failed to deposit it with the Authority. Both owe Rs 10 crore to the Noida Authority.

N. K. Jain and Naseem Ahmed, managers of NR Builders, have been named in the FIR lodged in the Sector 20 police station. The builders are learnt to have announced a new scheme for Sector 142 also on a piece of land situated on the proposed Ghaziabad–Noida–Faridabad highway. This land is in the notified area, which is under the Noida Authority’s possession now. 

This builder has also used the name of a cooperative housing society. But the price of the land has already been remitted to the office of the ADM, LAR, by the Noida Authority.

But N. K. Jain, MD of the firm, has claimed they have the documents pertaining to 3,622 hectares in the name of Consumer Protection and Housing Development Society. The CEO, Noida, however, stressed that this land had been notified and was in the possession of the Noida Authority.

Flats sold, yet builder owns not an inch of land 
Noida, February 27
A sensational fraud by a fake group housing society has come to light here. The society had come up with a scheme and sold dreams of flats worth Rs 34 lakh to Rs 58 lakh each in the area notified by the Noida Authority. This company had claimed to be constructing 10 towers of nine floors each whereas the company does not own even an inch of land. 

NR Pride is a group housing project of NR Builders Pvt Ltd in Sector 47. The company, which has opened an aircondioned office at D-44 in Sector 2, claimed that it was going to build 580 flats in 10 towers of nine storey flats each in Sector 47. 

The company had claimed it would make flats with 1200, 1500, 1700 and 2000 sq ft. space each which would be priced between Rs 33.26 lakh and Rs 57.95 lakh. The company demanded 10 per cent amount as registration fee which many people are understood to have deposited. NR Builders Pvt Ltd has, thus, collected crores of rupees as registration money. 

The company, according to its brochure, demanded 65 per cent of the total cost within 45 days of booking. The land of the group housing society has been shown by NR Builders as adjacent to R.S. Nursery in Sector 47. The name of Avas Samiti is given as Haji Pura Muradabad Avas Samiti and is said to have been registered on December 19, 1989. 

The society is said to have bought 3,622 hectares of land in Noida’s Hajipur village. Its chairman is M. C. Maheshwari of Ghaziabad while other members include Vijay Bharti of Barola, Satinder Sharma of Ranjit Nagar in Delhi, M. L. Singh Yadav of Sector 6 and Sudha Saxena of 454-A, Sector 19. 

The society claims to have procured land under Khasra No. 446, 447, 448, 449, 450, 451b and 452 from Samshuddin, son of Abdul Karim of Surajpur, in November 1991. This land was given by Ved Prakash and Prakash Jay Ram of Hajipur to Samshuddin.

According to Noida Authority sources, this land had been acquired on February 21, 2002 under Section 6 and the possession of the said land was physically handed over to the Noida Authority by the district administration. Right now, the land is under the possession and control of the Civil Construction Wing of the Noida Authority.

The society had requested the CEO, Noida, on November 4, 2005 for permission for land development cess and land use change. This request letter was signed by Vijay Bharati. The Noida Authority officers, however, clarified that since the land had been acquired by it, there was no question of issuing any permission about it.



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