POLICE ACTION UPDATE – SURAKSHA INTEREST EXPLOITATION CASE

Following continuous follow-ups with the ACP and Joint CP, and under directions of ACP, Noida, a police-assisted verification was carried out today at Suraksha Realty Office, Sector-128, Noida.

Date: 5 November 2025
Time: 1630 hrs

In Attendance:
👤 Homebuyers: Mr. S.V. & Mr. S.S.
👮‍♂️ Noida Police: Three officers present
🏢 Suraksha Realty: Mr. Vrashank Bhardwaj (Official Representative)

 
Key Findings (On Record):

Suraksha admitted to charging compound interest (“interest on interest”) before the police.

Police termed this practice as “unlawful compounding.”

Suraksha was directed to submit the following documents:

Full NCLT Order relied upon.

Year-wise interest calculator used for demand computation.

Full complete Justification for escalation of interest dues from ₹3 lakh to ₹19 lakh in step by step.

Police also confirmed that multiple homebuyers have lodged similar complaints.

All evidence collected will be forwarded to the ACP for a decision on FIR registration.

Note: More homebuyers coming forward will make our case much stronger.

 Police have already confirmed multiple complaints — collective evidence will help ensure strict action and FIR registration.