Skip to main content

AN Buildwell customers meet Sh. Manoj Tiwari; Seek justice to more than 1200 aggrieved investors

New Delhi, January 22, 2018: In a hope for a much desired relief for thousands of real estate customers in Delhi NCR, a group of over a 100 members of Federation of Spire Edge Customers Association (FOSECA), a registered association of the customers of Spire Edge project representing more than 1200 customers of AN Buildwell Pvt. Ltd., met Bhartiya Janata Party's Delhi President Sh. Manoj Tiwari, Member of Parliament, and updated him of the gravity of the situation.


FOSECA complained to Sh. Manoj Tiwari that the promoters of AN Buildwell Pvt. Ltd. are constantly misleading the buyers and investors of Spire Edge project. The customers have already filed legal complaints against AN Buildwell Pvt. Ltd. and its promoters Sunil Gandhi and SK Hooda. The honorable court has referred the case to the Economic Offense Wing (EOW) which is investing the case of fraud and money laundering against AN Buildwell Pvt. Ltd. and its promoters Sunil Gandhi and SK Hooda.   


Ms. Renuka Kulkarni, Secretary, FOSECA, briefed Sh. Manoj Tiwari about the harassments that the buyers of AN Buildwell has been facing since the launch of the project. Apprising Sh. Tiwari about the entire case, Ms. Renuka Kulkarni explained:
  1. The promoters of AN Buildwell Pvt. Ltd., Sunil Gandhi and SK Hooda first ensured that the company goes into liquidation to escape from their responsibilities and liabilities. However, Honb'le High Court of Delhi put stay on the liquidation procedure
  2. The promoters then tried various means to divert company's funds to other channels so that they can be held with minimal liability.
  3. Lastly, when the customers finally gave up and filed official complaints against the company and the promoters, they tried to mislead the customers by diverting the responsibility to company's consultants and other professionals. 

Ms. Renuka Kulkarni further stated that some of their members had even been intimidated by the promoters for speaking up against them, something that they had formally informed the investigating department.

Raising the doubts further, Mr. Vikas Sethi, President, FOSECA, said, "Why the aggrieved buyers are forced to bear the burden of someone else's mistakes. Why the authorities are not taking any action to safeguard buyers' interest. Is it deliberate?"

Sh. Manoj Tiwari was deeply moved by the plight of hapless aged investors and was extremely upset with AN Buildwell and its promoters. He immediately called up the Commissioner of Delhi Police and assured investors that he would personally accompany them to the Police Head Quarters on 23rd January, 2018. Sh. Manoj Tiwari further assured the complainants that he would not hesitate in asking difficult questions to the Police Department, saying he never believed in ‘Andha Kanoon’.

The Hon’ble Member of Parliament assured the buyers of his assistance and support in all the possible manner. The complainants, comprising investors and customers of AN Buildwell Pvt. Ltd.  were greatly motivated by Sh. Tiwari's pro-active approach and thanked him for his intervention.

FOSECA and SWBA, collectively representing more than 1200 customers of AN Buildwell Pvt. Ltd., have already filed a petition for Revival Scheme of the project in the Delhi High Court. 

Comments

Post a Comment

Popular posts from this blog

IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

New Delhi: The Income Tax Department has attached over 1,500 ‘benami’ properties worth Rs 43 billion in the last one and half years, around the same time as the introduction of the revised benami legislation, a financial daily has reported. According to a report in the Business Standard, Jaipur and Mumbai top the list, each with an attachment of 200 properties. This is followed by Lucknow with an attachment of 50 properties, Kolkata at 144, Chandigarh at 110 and Hyderabad at 100 properties. Patna has seen the least number of property attachments at 30, the report added. know more about  INTERNATIONAL LAND DEVELOPERS FRAUD  by clicking on it. “The I-T department has worked swiftly in identifying benami transactions since the enactment of the revised legislation. Over 1,500 properties have been attached so far. Many are on the radar. Search and surveys are on involving gold dealers, bankers, hawala operators, senior government officials, and politicians, etc,” Business Sta...
10 comments
Read more

Greater Noida West: The Hub of Affordable Realty

Greater Noida West is one such area under National Capital region which is buzzing with realty activities with almost 65 developers’ presence that have come up with a slew of projects here with multiple options. The location is destined to attract most of the middle income group customers as most of the projects being developed here are in the affordable range. In comparison with other parts of the Delhi NCR like Noida Expressway, Dwarka, Gurgaon Expressway, and NH-8, Greater Noida West, erstwhile Noida Extension is the only region which has become one of the favorite residential zones for middle-class buyers as the place offers properties in the affordable range . The area, once surrounded by controversies has moved ahead and is witnessing a set of planned infrastructural development. The area has the lowest property prices in the entire Noida region and is fast becoming a residential hub. Those who had invested in the region three years ago are already sitting on an appreciated pro...
Post a Comment
Read more

Professionalism and Transparency can make a Brand Excel

“The keys to brand success are self-definition, transparency, authenticity, and accountability”, these lines by Simon Mainwaring express the importance of transparency exquisitely. Transparency helps in building the trust of the customer in any business. Especially, when it comes to real estate, it becomes necessary for the developer to maintain professionalism and pellucidity as it is the matter of people’s dreams and aspirations. Get affordable housing ranges at  HomeKraftBy ATS  by clicking on it.  In the real estate sector, the accomplishment of the commitments works as the benchmark for the future projects. Both, established and the upcoming developer would never overlook the transparency factor. The primary aspect the buyer focuses on, apart from budget, amenities, and location, is the transparency and history of the developer that helps him in the decision-making process. Post RERA implementation, India has made improvements and hence shifted one spot up in the...
Post a Comment
Read more