Ferrous Infrastructure Pvt. ltd. — Real Estate Property Cases & Complaints Against Ferrous Infrastructure Pvt. Ltd.

Welcome to Ferrous Plots Allottee Association website. This has been created and funded by customers of Ferrous Builder. In the current time it seems that until and unless all customers of Ferrous Builder come together under one platform/roof there will not be much impact because it's quite easy for a powerful builder to deal with individual customers and still give them nothing other than false promises. So we thought of providing this common platform and now it's your turn to join this and strengthen this association. We all are in same boat, invested our hard earned money for our dream home and instead of getting possession of the house we all are fighting for our rights with the builder and we all are getting only false promises from the management of Ferrous Infrastructure Pvt Ltd about the project. We have filed no of RTI against the builder in concern departments and after getting the information from the departments we have shocked that 1. 1. Builder had not deposited the outstanding amount of EDC ( External Development Charges ) to DTCP ( Director Town and Country Planning ) and due to non deposit of EDC, license of the project is going to be cancelled and builder had charged / collect EDC from plots / flat allottee and builder had not deposit the EDC in HUDA account and Builder had not opened a designated account for collection of EDC payments from the allottee’s and it is a criminal offence as per the guidelines of HUDA Act. 2. Builder had not even paid the amount of the land in which project has developed and due to non payment of the outstanding amount of land multiples litigation are going on against the Sector 70, Township project even few FIR’s has already been lodged against the company and its management i.e. Mr. Ashish Seth, Mr. Surender Seth and other employee of the company who are involved in the offence. 3. Ferrous Infrastructure Pvt Ltd has not deposited the due EDC on account of Sector 89 project as per their agreement with Triveni Ferrous Infrastructure Pvt Ltd . Ferrous Infrastructure Pvt Ltd has already collected complete payment on account of EDC from innocent customers and company has not deposited a single penny on account of EDC to HUDA and due to non deposit of EDC project license is going to be cancelled. Due to this incident few complaints has already lodged against the builder and its management and on relay of the complaints few FIR’s are also registered. 4. Our association have in advance talk with the management of the Ferrous Infrastructure regarding the above mentioned issues and management of the Ferrous Infrastructure has given following assurance to the members only of the association : - a. The customers who are seeking refund will get the refund back with an interest of 24% compounded interest from the date of investment. b. The customers who are seeking home and ready for wait for the final possession which will take minimum next 2 – 3 years from today, will get a discount of Rs. 150/- to 200/- per sq feet. 5. It is a appeal of our association to all the customers of Ferrous Group to come and join us and we all will come under the one umbrella for safe guard of our hard earned money and raise our voice against the builders. Your support is much appreciated because it will give strength to all o[censored]s. Afterthat, we have realize that for getting proper justice we have to knock the door of court of law and we have filed criminal complaints before the Commissioner of Police against the Ferrous Infrastructure Pvt Ltd and its director / management and on the grounds of the Complaints, Police department has lodged FIR agianst the Ferrous Infrastructure Pvt Ltd and its management. Therefore, it's a perfect time to join the association, so if you want to join our association then the steps you need to take are: 1. Click on the link on the right hand side. You then send proof (scanned copy) of flat ownership to [protected]@gmail.com, this proof can be anything such as copy of allotment card or demand letter or payment receipts 3. Once your papers are verified then our administrator will add your email id to our Google Group and then onwards you will start receiving all the communications which are posted by FPAA office bearers