Rajesh and Sumant Theives of Axion Estates

My name is Mrs Joginder Kaur a NRI widower from London U.K.

I have a compelling story about Axiom Estates that needs to be told.

In recent years there have been many case of unscrupulous cheating Estate Agents, Realtors, Property Agents call it what you will, who have been duping clients out of their hard earn't money, and once deposits are exchanged then attempt to disappear back to India in the midst chaos hoping that the scandal will disappear.

Unfortunately I am a victim of such crime, I have been duped cheated and scammed which has been masterminded by the heads of #Axiom Estates #Rajesh #Goenka and his brother #Sumant Goenka.

My story

In September 2006 at the time a UK based representative for Axiom Estates Sunny Patel contacted me through a property show I had visited. He offered me a pre-launch project for #Unitech Build Tech project to be built off #Vandalur-Kelam Bakkam Road, #Chennai, #Tamil #Nadu and informed me that Axiom were acting as the exclusive master agent for Unitech. He went on to say if we made a down payment on this pre-Launch we would receive a lower sq footage price to the current market price. Further to this I was assured by Sunny of making profit on investment upon public release & was backed up with a contract to accrue interest at 9% on deposits/funds lodge until completion and handover of the project or when I flip the contract, in return receive a healthy premium of at least 30% return in investment.

I thought I was getting sound professional advice on investment so I decided to pay the UK arm of Axiom Estates 10 Lakh Rupees form my retirement account.

I waited for the Launch date for well over a year, with no correspondence from either the developer nor the so called master agent Axiom Estates.

Finally in September 2007 Axiom estates informed me there was no launch date, I was so upset & disappointed I decided to call it a day and recovery our monies and asked Axiom Estates for a refund with all interest accrued and due and promised they would pay back all monies due, lodged with Axiom forthwith.

Months went by and no sign of money or correspondence.

I instructed them to withdraw my application from Unitech with immediate effect and to send back a check for 10 Lakhs with all interest due as we had lost all confidence in the process and this market.

I called Avijeet Dass in India #Kolkota the head the so called Customer Relations  team asking for the refund who just kept on feeding me a story by dragging my case to the following month, following month game.

This went on to 6 months and further 6 months he kept saying they were waiting for the money.

Mr #Diju #Chatterji & Mr #Avijeet #Das of Axiom Estates was trying instil confidence in me was now in a flurry and supposedly relayed messages from #Unitech by offering to transfer deposits and any interest due to other projects such as the #Residence and #Sunbreeze in #Gurgoan which frankly was an insult to injury as I was not in a position to transact any further business with Axiom Estates nor willing to settle for any other projects in #Gurgoan.

I was so upset and distraught I asked to speak to the Head of the organisation, I was eventually put through to Sumant Goenka and explained my situation and told him it was my life savings. He was apologetic, reassuring and promised me that I would fully receive all monies due along with all the interest in a couple of months. I asked him where my money was as this was client money and not company money and was not authorised to use it.

He replied by saying "I'm sorry to say your money was absorbed by paying my bills, wages of my staff and general running my company".. I was infuriated and replied by saying that I demand that my money returned with immediate effect.

He said he will arrange it and surly in would be in my account within 2 months.

We later found out that at the time of booking permissions were not in place. We were never advised that the project was not to materialise until July 2009.

Also U.K based Axiom employees were not paid wages for 9 months they too jumped ship and to this day have not been paid. Subsequently the U.K offices that were based in Baker Street, London have now been closed.

I then called the India HQ of Axiom estates and spoke with Mr Avijeet Das who was to be the head of  the after sales department and the key individual in the organisation that Reports to Mr Sumant Goenka The head of the organisation.

I had spoken with Mr Das June 2009 about my refund. After numerous phone calls on a daily basis at least 3 times a day and numerous emails they kept on passing the buck from pillar to post and blaming Unitech. Stating it was they who is at fault and to blame.

We wanted to get to the bottom of this so we concentrated my efforts through Unitech’s management chain. We were finally escalated to Mr. #JaideepSingh (Senior Vice President) and explained the situation. He was very forthcoming and helpful and immediately instructed an enquiry then ultimately the refund.  The only problem that Unitech had was that the payment had to go back through the same channel it came from. Which was Axiom Estates.

We was not happy with this policy and made it clear that if this payment goes back to Axiom Estates it will be highly unlikely that we will receive back our payment given their track record on customer service and duty of care to their clients and staff. Clearly the company has liquidity/cash flow difficulties.

Axiom Estates assured me that payment would be released once it had been cleared into their account.

The cheque has been issued on the 19th March 2010 and cleared into the account by 1^st April 2010.

What should have been a simple structured purchase was now turning into a nightmare as Axiom Estates were holding on to my money and refusing to release it.

This client’s money was used without my authorisation when cleared into their accounts.

They have been making 101 excuses not to pay my stressed out my life savings. You name it they blamed it. Using all manner of tactics from who was the beneficiary to at one point blaming the delay on the RBI (Reserve Bank of India) for not paying our money.

At this point I was so distraught by this underhand action taken by Axiom Estates we demanded to speak and deal directly with Mr Sumant Goenka the Head of the company. When he finally spoke to us He was very apologetic for the delay and said that he would see to it that the payment would be honoured and processed and paid without further delay promised so much and delivered broken promises to which he has confirmed in an email that payment would be paid by the 20^th September 2010. After this date had passed Mr Goenka now simply refuses to take our calls or accept responsibility for his company actions. Now he does not respond to my call nor emails, texts or Skype. 

He has informed his staff to forward all calls made by us to Mr Avijeet Das who does not have a clue what’s going on in the organisation.

We feel cheated lied upon by this dishonest dirty company who has presence all around the world including #INDIA, #UK, #USA, #UAE, #DUBAI. 

I have decided to take this matter further by notifying investor’s, agents and developers dealing with this company.

I will be also contacting all media publications so this does not happen again.

Now you have herd my story, I would urge you to distance your self from this organisation as this would not be prudent and would ultimately detrimental to your legitimate organisation.

Unitech have now taken action and blocked all payments due to Unitech.

As you can see this is very serious if Unitech have decided at the senior level to stop dealing with these crooks.

Please note this is not an isolated case as this project alone there were 14 other clients that have not received 1 rupee.

This is amounts to around 1.5 Crore that I know about.

They have at least 30 other projects ongoing & pitching for more.

I do not want this happing to you…

  

Should you wish to discuss any of the contents of this mail, please email to the following address,  rak150@hotmail.com.

I wish he world & investors to know and be aware of what has happened to me along with other investors in the UK.

You’ve been warned!

  

Joginder Kaur

NRI London UK