Real Estate Forum on Residential Project Review for ERA Cosmo City Phase I in Sector-103, Gurgaon

Latest Answer: By the time you are reading this reply might have aware about the ongoing situation about the project. But sill I would like to let you know that investor and buyers in cosmos city project are in big trauma after SEBI's declaration. Shri S. Raman, Whole Time Member, SEBI, has passed an order on June 05, 2014 in the matter of M/s Adel Landmarks Limited (formerly known as M/s Era Landmarks Limited) directing not to collect any fresh money from investors under its existing scheme; not to launch any new schemes or plans; to immediately submit the full inventory of the assets owned by M/s Adel Landmarks Limited; not to dispose of any of the properties or alienate the assets of the existing scheme which ultimately going to hamper interest of investor. You can read blog on this issue on website: Propertyclubindia/Is Era Developer and its customers are in big trouble?