FIR against Emaar MGF for delaying villa possession

A Delhi resident on Friday filed an FIR against real estate firm Emaar MGF in Gurgaon for alleged delay in the delivery of a villa, according to News 18.

The case relates to Emaar MGF’s Emerald floors project in Gurgaon where the complainant Sanjeev Sachdeva claims to have booked a villa but the construction of the project has not started for the past five years.

The complainant also alleged that he has already paid 30% amount of the villa costing around Rs 2.2 crore.

The company has seen several homebuyer protests recently for delay in projects such as Palm Drive and Emerald Hills in Gurgaon.

Dubai-based Emaar Properties PJSC has also recently decided to part ways with its Indian partner MGF Developments Ltd, ending a decade long joint venture.

Source: ET Realty

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