[Resolved]  Ferrous Infrastructures Pvt Ltd — duped 22 lacs by Ferrous Infrastructure Pvt Ltd M.R AMIT SETH

Address: South Delhi, Delhi

This is to bring to public's notice that Ferrous Infrastructure Ltd,Undertaking projects in Faridabad are REAL FRAUDS.They will give you false promises of completing the construction in 2 years. They duped me and 3 of my friends. We paid a hefty amount of 7 lacs each and Ferrous infrastructure had given us in writing that the flat's possession would be given in 1 year and construction would be complete in 2 years. We gave them money in 2006 may and till now (March 2010) the construction is not complete. We thereby filed a consumer case against them in Consumer Court,Kutub Institional area,New delhi. The court finally found them guilty of misrepresntation and duping us of money. In lieu of this they have been ordered to pay 12% P.A. simple interest to us along with 1 Lac per party as litigation cost and for
mental agony. So as an honest suggest,don't even think of making any booking with Ferrous. They are frauds in the market. Stay away.

if anyone has been already duped by them,file a case against them in consumer court,new Delhi. You are liable to get the same relief as we got.

Their lawyer didn't even appear at the date of execution application hearing,after the judgment was passed. This clearly reveals frivolous intentions of the builder. I have invested 14 lacs as principal amount and even after the court judgment (to pay about 22 lacs in all), got no reply form the fraudulent builder
Their website is www.ferrousinfrastructure.com/ . The case was abhishek vaidya versus Ferrous infrastructures via case numbers 116/2008 and 117/2008 in the Kutub Institutional Consumer Disputes Redressal Forum. The customer code as per their records are 2006/SI/36/330 and
2006/SI/36/332. The MD of this fraudulent builder is Amit Seth. Their office number is[protected]