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MTech Developers / MTech developers is a fraud!

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Two years back I have paid advance for booking a villa in MTech Developers Beach Village Project in Goa, I visited the place few months back, there seems to be progress and many thing that was told while booking is not accurate, they seems have no mood start construction work. I decided to cancel my booking and the whole game started there after, they took 3 months to give a post dated check, once I deposited after waiting for 2 more months, the check returned back.

I found few interesting fact about these builder from the following link


I am not sure what I can do get my money from this so called reputed (they get reputed by paying big money to TV ads and then suck money from people like me) fraud builder.

If you are thinking about any project that has been listed in their wen site (http://mtechdevelopers.com/home.html) I would suggest not to waste your hard earn money, don't get fool by their commercials.


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A  16th of Sep, 2007 by 
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Based some research I found the following info. Even if I don't get my money back, I would like the future investor to review and take a correct decision. IMO, this is a fraud company don't even invest with them.




Also read these news articles, you will know how great M-Tech builder is...

CORTALIM, AUG 8 — The fortnightly meeting of Sancoale Panchayat passed off peacefully, with the panchayat body passing a resolution pertaining to the controversial housing project by Delhi-based M-Tech at Sancoale.

When the panchayat assembled, the resolution on the project was taken up first as per the demands of the villagers, which was passed unanimously.

The panchayat decided to place the file before a special gram sabha meeting, before the panchayat could accord any approvals to the project as per the villagers demand. The panchayat also agreed to inform the PDA of the villagers’ objections to the said project.

Deputy Sarpanch Ramakant Borkar and Panch Premanand Naik accused their opponents for misguiding the villagers, which led to the ugly incidents during the previous body meeting on July 31, which was adjourned due to chaotic situation.

Former panch and activist Simon Carvalho was arrested and three others were granted anticipatory bail, after Sancaole Sarpanch Sharda Rathod filed complaint of molestation among other charges.

Verna PI Nolasco Raposo, who was present at Panchayat office with a strong police force, faced accusations from Carvalho who accused him of registering false case against him and others with inquiring into the complaint. Executive Magistrate Sheru Shirodkar was also present.

Interestingly later, in a decision which could have widespread repercussions, the panchayat body in a split decision decided to hold gram sabha at Upasnagar near Zuari Nagar on August 26.

According to panch Tushidas Naik, 7 panchas — Premanand Naik, Deputy Sarpanch Ramakanth Borkar, Bhoj Naik, Girish Pillia, Nilesh Dalvi, Rocky Vales and Sarpanch Sharda Rathod — voted for gram sabha to be held at Upasnagar near Zuari Nagar, while Panchas Tulshidas Naik, Parvati Bingui, Antonette Carvalho and Jamina Pereira voted against the venue.

The demand for holding the gram sabha at Upasnagar ground was made by the crowd who are mostly migrants at a rally at Zuari Nagar to protest against the alleged assault on Sarpanch Sharda Rathod.

Most of the migrants are living illegally on Sancoale Communidade land and have been issued election cards on bogus house numbers. A memorandum to delete their names from the electoral roles was made to the deputy collector by Sancoale panch Premanand Naik and others about a couple of months back.

Meanwhile, former panch Simon Carvalho has termed the decision to hold the gram sabha at Upasnagar as illegal, since neither the sarpanch nor the panchayat body has the powers to convene the gram sabha.

“As per the Panchayati Raj Act, the gram sabha should have been convened in July. Since the sarpanch failed to hold the gram sabha in July, Section 5 (4) empowers the BDO to hold the gram sabha,” he said.

Sancoale gram sabha witnesses noisy scenes over M-Tech project

VASCO, JULY 31 – The Sancoale gram sabha witnessed noisy scenes on Tuesday as the panchayat members and villagers clashed over the controversial high profile real estate project of M-Tech Builders.

As soon as the gram sabha gathered, a group of villagers under the banner of Citizens Action Committee for Protection of Soncoale demanded the panchayat to pass a resolution opposing the real estate project of M-Tech Builders. The group, led by former sarpanch Simon Carvalho, alleged that if the project was allowed, it would change the demography of the village.

According to Deputy Sarpanch Ramakanth Borkar the citizens’ group was informed that their demand would be discussed after the agenda for the day, was dealt with. But the citizens group, which refused to wait until discussion on the agenda was over, began using abusive language against ruling members; and Sarpanch Sharda Rathod who feared unruly scenes adjourned the meeting to prevent the same, he added.

Sarpanch Rathod said Carvalho used uncivilized language against her and even threatened to outrage her modesty. “Carvalho and his group called me an outsider and I had no business to occupy the sarpanch post,” she said. However, opposition member Tulshidas Naik refuted charges made against Carvalho and others saying “it was a ploy to silence the voice of villagers against M-Tech Builders.” Naik said Carvalho neither threatened to outrage Ms Rathod’s modesty nor used uncivilized language against her.

Later, Ms Rathod’s lodged a complaint against Carvalho at the Verna police station, following which he was arrested under sections 354 (outraging modesty of women), 506(2) (threat with dire consequence), 143 (unlawful assembly), 504 (abusive language), 332 (obstructing public servant from discharging lawful duty). A case has also been registered against Peter Dias, Theresa Pereira, Chetan Dourado and Ramakanth Naik under various section of IPC.

Four Sancoale panchas deny allegations

CORTALIM, AUG 1 - Four panchas of Sancoale panchayat have denied allegations levelled by Sancoale Sarpanch Sharada Rathod against former panch Simon Carvalho, which led to Carvalho’s arrest on Tuesday.

In a letter to the Verna police, the panchas Tulshidas D Naik, Jamina Periera, Antonetta Carvalho and Parvati Bingui contended no one was physically assaulted and that no books were torn. They alleged that it was Carvalho who was dragged by the police downstairs and made to sit in the jeep.
They claimed that the police jeep was immediately followed by the ruling panchas, including the Sarpanch, and the panchayat secretary, who locked his chamber before leaving.

Earlier on Tuesday, the news of Carvalho’s arrest spread like wildfire and about 200 villagers assembled in the panchayat and refused to leave till late evening, demanding the immediate release of Carvalho and an apology from the sarpanch for making false allegations of molestation against Carvalho.
As PSI J Dalvi failed to convince the agitated crowd, Mormugao SDM Levinson Martins along with Verna PI Nolasco Raposo and SDPO Deu Banualikar tried to pacify the crowd.

Later, the crowd dispersed after Martins informed that the villagers are also at liberty to file compliant and informed that Carvalho could be released if any bail application was moved in the court. He said the present issue of M-Tech developers could be resolved by a special gram sabha meeting.

He requested that an application be moved by villagers to the sarpanch, failing which the BDO would direct the panchayat to hold the grama sabha and also expressed his help to convene the gram sabha.

The villagers fear that the proposed site for housing complex will have an adverse consequences to wild life, which provides shelter to thousands of monkeys and the other animals.

Meanwhile, the villagers have dismissed as rubbish the proposed Zuari Nagar bandh on August 2 and reminded that the most of the migrants are living free of cost and illegally on Sancoale communidade land.

Sancoale deputy sarpanch resigns.

VASCO, AUG 13 – Sancoale Deputy Sarpanch Ramakant Borkar resigned on Monday morning, after accusing some vested interests in the village of creating hurdles in the development of village.

In his resignation letter submitted to Sarpanch Sharda Rathod, with a copy to the Mormugao Block Development office, Borkar claimed that the vested interests do not have any knowledge of the issues in the village and have been highlighting the M-Tech developer issue, which had been initiated before his ruling panel could take over the panchayat.

“The M-tech builder issue is now being turned into a communal issue. This project was opposed by the panchayat body and was marked for a special gram sabha to discuss the issue. However, the vested elements in Sancoale are not ready to solve the issue in an amicable manner,” said Borkar. He claimed that constant criticism by villagers had forced him to resign from his post.

It may be recalled that the M-tech developers have acquired an area of about 35,000 sq mtrs of land in the hilly area of Sancoale for constructions of luxurious bungalows. Villagers fears that the ecology of the village would be adversely affected, if the project goes ahead.

Sancoale dy takes back resignation

CORTALIM, AUG 16 - Sancoale panch Ramakanth Borkar on Thursday withdrew his resignation from the post of deputy sarpanch. The withdrawal or resignation comes following pressures from ruling panchas and his voters.

Mr Borkar had sent his resignation letter to the Sarpanch Sharada Rathod on August 13 accusing vested interests of creating hurdles in the development of the village.

Sancoale village is presently going through bad times over the controversial housing M-Tech project which is coming up in the thick forest area and also the decision of the panchayat body in a split decision for holding the gram sabha at Upasnagar near the migrant dominated area of Zuari Nagar for the first time.

Meanwhile, it is now revealed that the change in zoning on which the controversial housing project is to come up was done in 2001 and the conversion sanad was obtained in July 20th, 2007.
A  11th of Oct, 2007 by 
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I too have invested there and have applied for cancellation, could you please share your number and name. May be you can help me in this.

Sudhir Guglani
A  6th of Nov, 2007 by 
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Ive not yet applied for cancellation, but what do you think is the future of this project as of today ! ie 7th Nov. 07
N  30th of Nov, 2007 by 
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I am also planning to ask for refund but still awaiting. The project is apparently going to delayed due to local opposition. Do you know if the NOC and licenses have been obtained ? Is everything clean legally? Do you know anybody who actually got a refund? Do we get any decent return on the 10% booking amount? It may be a good idea to ask for a Demand Draft rather than a cheque that can bounce.

Please email me.

Your well-wisher,
siddhivinayak dot krupa at gmail dot com
N  4th of Jan, 2008 by 
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siddhivinayak dot krupa at gmail dot com
A  10th of Mar, 2008 by 
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Why don't u go to consumer court, they work fast and always in favour of consumers.

Try and confirm.

N  31st of Mar, 2008 by 
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Since there is big fraud is happening in real estate market so one must conscious about buying and selling their property i have got an information that some real estate developer sold same property two times.

as i came across a site www.hotgurgaon.com especially real estate section they have some good information about real estate at


but before apply for any real estate plz chk all the details like the customer satisfaction previous record of the company.
A  29th of Apr, 2008 by 
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How to recover money from Developers,

Hope U are not an property agent rather a genuine investor. U can lodge your conplaint at Economic Offences Wing - Delhi Police, Malviya Nagar, (inside Police Training Acedmey). This is on the road from AIIMS to Kutub Minar on left. The PS is open 24x7 and U will be needing copy of reciept + cheque bounce evidence + Application in duplicate. Action will happen in 15 days. I have already registered my complaint. Mail me once u have filled the FIR so that we can all club the issues together. Regards, contact in case of any clarification. ronie1974@rediffmail.com
A  9th of May, 2008 by 
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I am still trying to get my Goa Beach Village refund from Amit Jha of MTech Developers. I have not used my connections yet to put this developer in trouble but if need be, I will be able to take many serious actions against M-Tech Developers for fraud. Consumer Court, FIR with Police, Publishing in leading news papers about cheating customers are some of the immediate actions that I am going to take other than having my people find out where Amit Jha or Mehinder Sharma and his family are residing...

I will update you all about the progress...
A  18th of Jul, 2008 by 
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m tech is a big fraud
A  21st of Aug, 2008 by 
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Has anyone got a refund yet?

I am finding it especially difficult to keep in contact with this developers as i am from London.

Has anyone been to their office?

If anyone could provide any updates on this developer, i would be most appreciated.

Pls Email me.

Kalpen (London)
A  4th of Sep, 2008 by 
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i am in the same prdicament.iagree with vinayak. we mvst get together and take concrete action
N  8th of Sep, 2008 by 
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I gave booking(10%)and first inst. for a villa in CG-I, bhiwadi some 18 months ago now they are asking for another inst. and giving assurance (verbal) to allot me the no. of it.Pl. tell me what should I do?
They have told about the possession in 09(Dec.) or in 2010(Feb. or March).
Pl. guide me what should i do?Is there anyone who holds in this CG-I Villa project.
A  11th of Sep, 2008 by 
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I paid two installments through an agent in Delhi over a two year period. Even as late as May 2008 the M-Tech and the Agent sent a note saying -good news the construction has started and wanted 3rd payment. Now I understand that nothing is happening and my agent tells me the project is having problems and people will get their money back. I think all those who put the money should take joint ction directly or through their agent to demand money with compensation.
A  18th of Sep, 2008 by 
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The M-Tech is complete Fraud. I went personally to check the status of M-Tech Height and after 2 year of booking, they made a sample flat. I am having a serious doubt that they will start the full blown construction. They only did that to receive the 2nd installment.The other property developer in last 2 year already completed their 80% project. I got the confirmation from my agent that they are slow in getting anything moving and got the sugesation to apply for the refund.
N  22nd of Sep, 2008 by 
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I have two bedroom booking in Glare Dharuhera by the same developer. As I am living in London so can't really know what is the current situation of development. If anyone has any information, please share !!

A  23rd of Sep, 2008 by 
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All those who are commenting here : please join this mailing list to take collective action against MTech's fraud :

A  6th of Nov, 2008 by 
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I have also booked one 2/bhk flat in Cammilia Garden-1 of M-Tech Developers at Bhiwadi Rajasthan about two years back.I have paid two installments and also got allocation of my flat.They have given allotement letter with flat number and tower description.But they have not mensioned any possession date and also other terms and conditions.During my visit to site in august/08, I have found two nos. of towers raised upto 8 storeys and foundation work for all other towers was also completed.They are pregressing but with too slow pace.If you observe construction speed of other builders they are too fast than M-Tech.Some projects which started later than M-Tech are at almost finishing condition.Everything is doutful but I have decided to stay with M-Tech for some more time.Let's watch the situation a little more and see what is going to happen in future.Kindly share if you have any latest information.One more thing, they have also anounced loan from pnb bank but I have not enquired about confirmation of this info.
N  12th of Nov, 2008 by 
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I had booked a 2 BHK flat in Camellia Garden, Bhiwadi some 2 years back and have also paid one installment.I visited the site last month.Incidentally it was a holiday(Vishwakarma day) so no work was happening but I was told by someone atthesite that the speed of work has picked up in the last 10-15 days preceeding my visit.Roof slabs for 2 towers have been cast till the top floor and excavation and PCC for another two towers was completed.I spoke to some brokers in Bhiwadi who said to hold on as the Company's position seemed to be improving.The builder did have tie up with PNB but I'm not too sure if things worked out since I too had applied for a loan and I was told that since PNB was working very slowly they have moved the files to LIC Housing Finance Ltd. I am still waiting for LICHFL to approve my loan.I haqd invested with a long term horizon and do not mind if there is a delay in the handing over of the project but I certainly do not have the appetite to bear a loss. Can someone please advise me if my money with builder is safe or not because I know for sure that even if I go for a refund it will take at least 10 months before I get my money.
N  19th of Nov, 2008 by 
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Whats happening on Camellia Garden II . I have paid 2 lac 2 years back . was told that project is under clearnace . However in 2 yrs nothing has happened. Now - someone told me that they never had the land

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