Investors Clinic — non refund of booking amount in array

Address:

Gautam Buddh Nagar, Uttar Pradesh, 201301

Dear mr. Saurabh arora (Investors clinic),

1. I am approaching you through this complaint forum as you are the only person i know who has been the single point contact for my investment through investors clinic in “amrapali adarsh awas yojna”
2. At the outset i would like to bring out certain things about myself, so that you can assist me further :-
(A) i am a serving army man with approx. 25 yrs of service with the indian army. I was commissioned in the year 1992 and i have had the opportunity to serve in almost all the theatres, ie in the jungles of east, deserts of rajasthan, glaciated terrain of ladakh & kargil, plains of punjab, valley of kashmir etc.
(B) i have actively participated in’ operation vijay’ or the so called ‘kargil war’ and have faced live action, which i am proud of. My daughter was one day old when i was called for the war, which i happily went and to my luck and god grace survived, even though approx. 100 artillery had landed close to me, i had lost my near and dear colleagues in the same war.
(C) for the last two years i have been posted to kashmir valley (Kupwara) in active counter terorrism and counter insurgency role. I have been actively involved in many operations in the valley to ensure peace in the region. However, due to harassment being faced now, due to a failed investment with investors clinic, i am not able to concentrate on my task/ work.
3. I had invested an amount of approx. Rs. 15 lakh on suggestion from your esteemed company in ‘amarpali adarsh awas yojana’ in february 2016. During the initial interaction your company had recommended me investing in the project as it was a sound investment with a reputed builder. I suppose before suggesting me to make an investment in the project, your company would have done the background check of the company, the project, the registration, land availability, permissions etc. Etc. I had invested my hard earned money in the project just on your recommendations and your companys’ reputation.
4. I have got no intimation from amarpali regarding receipt of cheques (Handed over to your representative in your presence) and whether i have been registered in the project or not. The brochure of the project says that, “this revolutionary idea (Of adarsh awas yojna) earned the trust of more than 4000 happy families and helped them achieve the dream of owning their home. Amrapali group really looks forward to creating more such oppurtunities for government employees and various other public sector employees.” your company was the service provider for the project and i was lured into investing in a project supposedly for government employees, in one of the faq’s it is mentioned that service charge being paid towards investors clinic by the client are in lieu of the various services being rendered by investors clinic throughout the process starting from the booking of the unit until possession. However, it seems now that your company is not providing any services and returning my money which has been invested on your recommendations in a project which has not taken off.
5. Most of the time your answer is that the builder has not got any money, i suppose that your company is hand in glove with the builders in managing funds for them, this is an economic and a financial crime of highest order. Your company recently was involved with an fm channel for providing a flat to martyrs family (A noble cause), the tag line being – “deenge unko ghar, jo ladte hain border per”.

However the tag line should have been, seeing your double face dealings – “cheenege unka ghar, jo ladte hain border per”

Just because i am a simple army man who is serving in highly active counter insurgency and counter terrorist area, fighting the terrorists daily, you have consumed my life savings and have financed a project which was never to take off, hence siphoning it to the builder and probably getting huge amounts yourself. Your ceo & founder - investors clinic, is supposed to be the one who dreams with open eyes and works relentlessly because his dreams dosen't let him sleep, however it seems he has become a dreamer, who gets up in the morning and forgets his dream and ensures that none of the investors have a sound sleep.
6. Your company and management is truly set in a different mould, for a real estate marketer (S). Sharp in conducting business, unassuming while dealing with colleagues and associates and of course fleecing the innocent investors. I am going through a severe mental trauma and financial crisis and am not able bear this harassment being meted out to me. You have given me an option to invest in some other project and you will transfer my principal amount only to that project wherein i have to pay additional rs5/6 lakhs also. Please clarify the status of interest on the amount invested on your recommendations now for approx. Two years? I recommend following options, or else this army man would have to take assistance of government, press, media and judicial system :-

(A) return my principal amount of rs 14, 43, 000/- (Rupees fourteen lakhs forty three thousand only) with requisite interest accruing on the same since march 2016.

(B) suggest a project wherein the payment options remain the same as were in the adarsh awas yojana, and transfer the principal amount with interest into that project.

7. I hope and wish that you will come up with some solution at the earliest and will not harass this army man, so that he can serve the nation with peace of mind.

Yours faithfully, col anurag mehra - [protected]