Faridabad builder, sons arrested for cheating

Three directors of a real estate firm were arrested on Tuesday in a cheating case. HT reports.

Three directors of a real estate firm were arrested on Tuesday in a cheating case.

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Anil Goel, MD, Piyush Buildwell India Ltd, and his two sons Amit and Puneet, were arrested from their Sector 9 house. They were produced before a local court which sent them to one-day police custody.

The real estate firm had been accused of demanding Rs. 9-10 lakh over 'fit out' letters from over a thousand flat buyers. The firm could not give completion or possession letters to them since its licence, which expired in 2009, has not been renewed.

The police action came on a complaint filed by one Vinod Sharma of Sector 29, Faridabad, in September 2012. "This money was not mentioned in the buyer-builder agreement signed in 2007, and we were shocked to receive this `Fit out' notice from the builder," Sharma said.

The trio was taken to mini-secretariat in Sector 12 where they remained inside ACP Darshan Lal Malik's office for hours. They were produced before the court in the afternoon.

Police said though there were many complaints against the company, the directors have been arrested in connection with Sharma's complaint only.

The police tried to arbitrate among flat buyers and the Goels at Malik's office but it took them into custody after talks failed. "They were arrested in one case only, though there are many complaints against this group," said Navdeep Singh Virk, Joint Commissioner of Police, Faridabad.

"We tried to convince the buyers. It is not a major issue," said Atul Gautam, head, corporate communications, Piyush Buildwell.