[Resolved]  Panchsheel Colonizers Pvt. Ltd — Cheated by Builders

Address:

Jaipur, Rajasthan

Against builder( Panchsheel Colonizers Pvt. Ltd)

I booked a plot of 200 sq. yards vide R.No. 10124 dated 08.08.2006 for Phase-II at Panchsheel Park, Ajmer Road, NH-8, Jaipur and allotted me plot No.G297. Panchsheel Colonizer has assured to give possession of the said plot within 2 years time. More than 5 years have been lapsed ever since my booking but there is no sign of the commitment Panchsheel colonizer made to the investors.

They spoke of no. of highlights to be part of this project as under:

1. Tivolli Resort(Hotel) to be functional in this project
2.Cricket academy
3. Golf course
4.Commercial Areas
5.Amusement Park

Colonizer intimated progress report vide their letter No. PP/Ph-IInd/2007-08/7092 dated 23.05.2008 through photographs proofs of Entrance Gate, Park, Cottage, Overhead Water Tank, Road Work, Sample Villa, Golf Course Area, Prominent Raod Junction, Sewer laying in progress.

It is regretted that Panchsheel colonizer has no ground reality on any of the counts spelt out in their Prospectus as well as on site. The colonizer is only keen in extracting money from its investors at any cost without developing any of the above area. Not an iota of the any of the above facility has even surfaced on their said project site. They have duped/cheated all their investors of their hard-earned money who booked their plot through internet and have been making false promises which they do not adhere/keep.

In view of the above ground realities I demand the entire amount paid by me(Rs.300000/-) be refunded to me with interest on it without further delay. Failure on their part to discharge the same will lead to legal proceedings against Panchsheel colonizer at their cost.

Mohinder Pal Narula
[protected]