A 75-year-old real estate builder has been arrested by Delhi Police on charges of cheating and criminal breach of trust after homebuyers lodged a complaint. Surendra Kumar Hooda, promoter and director of AN Buildwell, was arrested by the economic offence wing (EoW) of Delhi Police after some homebuyers filed a complaint against him, according to a TOI report. These complainants had booked flats in the realtor’s Spire Woods project in Gurgaon. Reportedly, Spire Woods project was stalled after the builder abandoned it three years ago. Also, the real estate firm is under liquidation.
According to the report, at least 1,700 buyers have invested in two projects of AN Buildwell – Spire Edge and Spire Woods. Spire Edge in Manesar is a commercial project, while Spire Woods in Sector 103 is a housing project.
The company went into liquidation in 2016.
The big action was taken by Delhi Police after EoW officials acted on homebuyers complaint. These homebuyers had filed a police complaint at Sarita Vihar police station in Delhi in March 2016.
The company’s registered office is in Delhi.
Homebuyers had alleged that the builder was not arrested because of his political connections.