Show us report on 51 builders’ funds: Buyers

  • | Monday | 11th February, 2019

We have been requesting that the Noida Authority release the document and bring it out in the public domain. Repeated calls to several Authority officials on whether they would release the report went unanswered.Currie and Brown had been engaged by the Authority on November 8, 2017, to trace the finances of 51 builders. When we approached the Authority, we were told that the builders had requested that their details be not made public. The agency found irregularities in the finances of 14 builders, following which a forensic audit was ordered in the first phase in 2018.The remaining 37 builders were investigated in the next phase. The Noida Authority had also issued notices to builders like Unitech Logix , 3C Company, Gardenia Aims Developers, Granite Gate, Red Fort Jahangir , Omaxe and Pebbles Prolease, among others.“The Currie and Brown report is crucial for buyers to pursue their cases in court.

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