Oberoi Realty Limited accused for fraud. Fraud are increasing in the Real estate world. Well known developer Vikas Oberoi has landed in trouble after a resident of one of his own projects lodged an FIR against him. Vikas Oberoi is the owner of Oberoi Realty Limited Meghwadi police in Jogeshwari has filed the the case and is investigating the matter.
Mohit Bharadwaj filed a case on luxury project on Jogeshwari-Vikhroli Lik Road. Many years ago project completed. Bhardwaj complained that not only the size of the flats was smaller, but the height of the ceiling was also lesser than what was promised, among other things.
“We were promised amenities such as club house, swimming pool squash court, spa, party hall, jogging park, tennis court,amphitheatre, camping site, plaza, landscaped garden, bamboo garden, skating rink, gazebo, and so on. Bharadwaj presented a rosy picture.
Additionally, he claimed that as the project neared completion. However, the buyers found out that the number of flats on each floor was much higher. “In place of the camping site and amphitheatre the developers constructed one more building. The complaint stated the name as Oberoi Grande. Splendour and Grande included 400 apartments. “The developers have cheated and has done fraud to the flat buyers to the tune of Rs 142.56 crore,” stated the complaint.The Magistrate court ordered to file FIR against Oberoi.
Meanwhile, Oberoi Realty spokesperson said, “This FIR is absolutely bizarre. All allegations are factually incorrect.We have fulfilled all our legal obligations. In fact, the complainant has got no relief till date from any of the legal forums that he has approached. Therefore, Oberoi Realty is a law-abiding corporate and adheres to the highest principles of corporate governance and ethical business practices. We are confident of proving the same in any court of law.”
