GREATER NOIDA: Two directors of residential society AVJ Heights in Sector Zeta 1, Greater Noida, were arrested on Thursday for allegedly mortgaging the flats they had already sold to buyers. The police had filed a case for cheating and fraudulent activity against the accused Vinaj Jain (45) and Vipin Aggarwal (40) at Surajpur police station six months ago.
According to police, there are 12 towers in AVJ Heights in Sector Zeta I. There are 1,800 flats in these towers, of which 1,200 are occupied. The AVJ Heights Apartments Owners Association had accused the developer of fraudulent activity by talking huge loans against the flats of residents without their knowledge.…….read continue