The First Information Report (FIR) was registered following a complaint by Manoj Anand, a retired official from the Department of Telecommunications. According to the FIR, Anand had booked a 300-square yard plot in a housing project launched by the company in 2004. However, nearly two decades later, the project was discontinued, and the accused allegedly transferred the land to associate firms, leaving investors empty-handed.
Long-Running Fraud Allegations
Anand claimed that he initially paid Rs 1.5 lakh to secure the plot and later made additional payments, totaling Rs 3.56 lakh, after the company announced receiving a No Objection Certificate (NOC) from the Jaipur Development Authority (JDA).For years, the project remained listed under the company's 'upcoming projects' section on its website, but in 2023, it was mysteriously removed, triggering alarm among investors, the FIR stated. Despite multiple attempts to contact the company, Anand failed to receive any concrete response. The company's office either ignored his calls or redirected them to a fax machine, the FIR added.
More Victims Come Forward
Several other investors, including Jitender Thakur, Mohinder Singh, Manoj Chaudhary, and Sandeep, have also filed complaints, alleging similar fraud. They claim that between 2004 and 2005, approximately 2,000 plots were booked, with the company amassing around Rs 50 crore from prospective buyers.Instead of fulfilling its commitment, the company allegedly transferred parts of the project land to its associate firms between 2014 and 2019. Shockingly, one of these collaborators launched a new project on the same land and received a JDA license in 2020, subsequently selling about 300 plots to the public.
Authorities are now investigating the matter, and police are expected to take action against those involved in the alleged scam. Investors are demanding justice and accountability from the accused firm.
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