Cheated by builders

Hitendra (Querist) 14 July 2014 This query is : Resolved
Hi,
If u know, there is a project named Omega City-Behror (Rajasthan). I have also invested in that project via Decent Colonizers, but it seems that the project has been cancelled without any information to the investors. Neither Decent nor Omega has provided any communication to this regard. They had provided an assurance of 24% interest return in case of such scenarios but seems they are not interested in paying back to the investors. They are not responding to the phone calls too. They say that the person who has signed the letter is not an authorized to provide the assurance.

What can a common man do in such case to get the money back along with interest & penalty from such builders?

Please advice.

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Devajyoti Barman (Expert) 14 July 2014
File a case before the consumer forum.
Without seeing the agreement no further advice can be given .

Rajendra K Goyal (Expert) 14 July 2014
All the documents and papers need to be referred, consult a local lawyer.

Raj Kumar Makkad (Expert) 14 July 2014
Contents of your agreement are required to be gone through prior to providing you final advice. Better consult locally.

ajay sethi (Expert) 15 July 2014
agree with experts

T. Kalaiselvan, Advocate (Expert) 17 July 2014
You may consult a local lawyer, take his advise for filing consumer case or cheating case and proceed as per his advise.

Hitendra (Querist) 17 July 2014
Thanks to all for the valuable advice :-)

Raj Kumar Makkad (Expert) 17 July 2014
Most welcome from your side.

Jeetender Gupta (Expert) 22 June 2015
An FIR No. 530/2014 PS Dwarka North, Delhi has also been registered against the builder / promoter U/s 420 120B IPC

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