Noida Developer Arrested in ₹165 Crore Bank Fraud, Projects Stalled

Hey Noida folks, how closely are you checking the background of your builders these days? Just heard that Anil Mithas of Unnati Fortune Group has been arrested for allegedly diverting a massive ₹165 crore in bank loans. Apparently, this money was supposed to be for the Aranya and Alder Grove projects. The buzz is that the funds were siphoned off, which is why those projects are now stalled. This is a serious blow for anyone who invested in those projects, and a stark reminder to do thorough due diligence. Are you currently looking to buy property in Noida? Share your experiences and any red flags you've encountered. Let's help each other stay informed!