EOW files FIR against ATS Infrastructure due to homebuyers' complaints
Real Estate

EOW files FIR against ATS Infrastructure due to homebuyers' complaints

The directors and promoters of ATS Infrastructure have been accused by homebuyers of deceiving them in connection with the company's project named 'Marigold,' resulting in the Economic Offences Wing registering a First Information Report (FIR). It has been alleged by approximately 1,860 individuals that they have suffered a financial loss of Rs 120.9 million, causing both mental distress and economic hardship for those who invested in the aforementioned project. The police have reported that no arrests have been made at this point, and investigations into the matter are currently ongoing.

According to the FIR, Getamber Anand, the director of ATS, was actively seeking individuals to invest in the 'Marigold' project. This project is situated on a piece of land measuring 11.1 acres in the village of Harsaru, falling within Sector 89A of Gurgaon, and is being developed by the company. The FIR alleges that in 2018, Anand, in collaboration with other directors of ATS RBPL, manipulated and persuaded the complainants to invest in the 'project.'

The directors and promoters of ATS Infrastructure have been accused by homebuyers of deceiving them in connection with the company's project named 'Marigold,' resulting in the Economic Offences Wing registering a First Information Report (FIR). It has been alleged by approximately 1,860 individuals that they have suffered a financial loss of Rs 120.9 million, causing both mental distress and economic hardship for those who invested in the aforementioned project. The police have reported that no arrests have been made at this point, and investigations into the matter are currently ongoing.According to the FIR, Getamber Anand, the director of ATS, was actively seeking individuals to invest in the 'Marigold' project. This project is situated on a piece of land measuring 11.1 acres in the village of Harsaru, falling within Sector 89A of Gurgaon, and is being developed by the company. The FIR alleges that in 2018, Anand, in collaboration with other directors of ATS RBPL, manipulated and persuaded the complainants to invest in the 'project.'

Next Story
Infrastructure Urban

Dalmia Bharat to Train 300 Women for Auto Sector Jobs

In a key step toward advancing women’s empowerment through skill development, Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Cement (Bharat) Ltd., has signed a Memorandum of Understanding (MoU) with Red Carpet Learning Institute, a prominent training and skilling partner. The MoU was formalised in Noida, New Delhi, under DBF’s flagship initiative DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing).This collaboration aims to provide industry-aligned training to 300 women across 10 batches in specialised job roles within the automotive sector—namely, Automotive Showroom Host..

Next Story
Building Material

Hyderabad to Host National Meet on High-Rise Structures

The Association of Consulting Civil Engineers (India) [ACCE (I)], Hyderabad Centre, will host a two-day national conference on Next-Gen High-Rise Buildings – Advancements in Composite and Steel Structures on 11 and 12 July at the ESCI Campus, Centenary Convention Centre, Gachibowli, Hyderabad. The event is expected to attract 800 participants from across India, representing a wide spectrum of the construction and infrastructure sectors.More than 14 prominent speakers will deliver sessions on critical topics including sustainable urban growth, resilient infrastructure, and the use of advanced..

Next Story
Equipment

Putzmeister Unveils 1405 D Classic Concrete Pump

Putzmeister, a global leader in concrete equipment with over 65 years of expertise, has launched its latest innovation—the Stationary Concrete Pump BSA 1405 D Classic—tailored specifically for the demanding conditions of Indian construction sites.Described as “performance simplified,” the 1405 D Classic is built to handle real-world challenges while offering ease of operation, robust design, and consistent results across a wide range of applications including high-rise buildings and infrastructure development. The pump boasts a 13 per cent increase in hydraulic capacity, 6 per cent mor..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?