A developer who has been in the news for not being able to refund money or handover homes to investors has finally expressed intention to do so. JVPD Properties Private Ltd, who had failed to handover flats to investors for its Mira Road and Powai projects, has given three options to their investors and homebuyers. Few of the aggrieved investors of Powai had even approached the Economic Offences Wing. Also, since the last High Court order we have refunded full and part payments to 100 plus investors. I wouldn't like to comment further as the matter is sub judice and we are waiting for an authenticated copy of the order passed by the High Court."

Source: dna November 05, 2017 02:26 UTC