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Rs 2,004 crore, 19,000 people, 0 deliveries: Earth Infra’s Gurgaon, Noida buyers have life savings stuck

The Indian Express·Nirbhay Thakur·7 days ago
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R K Kapoor, 76, starts his mornings by logging on to the court website for an update on his case, hoping for some positive development. But each time he checks, he said, the uncertainty remains.

Kapoor, who used to run a business, put his life savings into a commercial shop in the TechOne project on the Yamuna Expressway, hoping for a regular income and financial independence in retirement.

19,000 buyers together invested around Rs 2,004 crore into nine projects of Earth Infrastructures Ltd (EIL) across Greater Noida, Gurgaon, Lucknow and Delhi-NCR.

Thirteen years on, he has neither the shop nor the assured return he was promised.…

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