Investors land up at builder’s house, find him nowhere

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GURGAON: A day after angry investors, who had booked flats in ‘Cambrian Forest’ housing project in Sector 95, gathered outside the police commissioner’s office, 100 of them reached at the Faridabad house of the owner of SKM Refcon Pvt Ltd, only to find him missing.

The investors had paid Rs 10 lakh each as booking amount for their flats in the Cambrain Forest condominium project. The builder, SKM Refcon Pvt Ltd, however, has not started any construction and has shut down its Delhi office. “We went to the house of Sumeet Kumar Malhotra in Faridabad and found no one there,” said Nalbir Singh, an investor who is spearheading the campaign against the builder. Worried investors met Malhotra’s father who said that he was not in talking terms with his son for several years.

The investors are now planning to approach the department of Town & Country Planning against the builder.

http://timesofindia.indiatimes.com/city/gurgaon/Investors-land-up-at-builders-house-find-him-nowhere/articleshow/24793793.cms

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