Sir, I had booked a studio apartment in Kessel I Homes project of AMR in 2009 and paid the full amount upfront with monthly assured returns. The company has stopped paying the monthly interest since December, 2013. Even the tax deducted at source has not been deposited by the company. When I approached them on the matter of TDS, they issued post dated cheque for the TDS amount which also bounced.

When I approach the company, they are non-committal, rude and generally keep transferring calls from one person to another. The project is nowhere in sight. The biggest surprise is that not only are they refusing to refund money, they continue to sell further flats at much higher rates in the market and continue to cheat more and more people.

I suggest, we form an association of investors and approach the courts to ensure that our hard earned money is not gobbled up by these people. Regards, A K Sethi