A group of persons who had deposited money with a property promotion firm for buying a flat in an upcoming township at Viswasapuram on Sathyamangalam Road on the city outskirts beyond Saravanampatti thronged the Police Commissioner's office complaining of delay in handing over the flats.
Nearly 150 property promoters approached the City Police Commissioner, Amaresh Pujari, and stated that the town ship project was launched in 2006. The project was envisaged for a township with 3,600 houses on 113 acres of land. The project had houses priced from Rs. 20 lakh to Rs. 1 crore.
The houses should have been handed over by now but a lot of work needs to be still done. Now, there were reports that those who had booked flats should pay Rs. 36 lakh instead of Rs. 20 lakh because of the escalation in the cost of construction materials. Attempts to bring the property promotion firm to the table for talks had failed, they said.
The Commissioner has asked the Crime Branch to investigate into the case. Meanwhile, the firm is said to have initiated dialogue with the agitated buyers for hammering out a solution on the issue.