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Vatika, its directors booked for fraud after Noida court order

Dated on: Sunday 2nd April 2023

A city-based builder and its directors have been charged with forgery, fraud, and criminal conspiracy. Assotech Ltd, a real estate firm based in Noida, claims that Vatika Limited entered into a deal with them in 2012 to build a group housing society on 10 acres of property in Gurgaon. A Vatika spokesperson refuted the charges, claiming that Assotech owes them money, including payment for the land as well as fees paid to DTCP on its behalf by Vatika.

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