Smartowner not returning Investments – A big real estate fraud

Name of Complainant Arun D K
Date of ComplaintAugust 21, 2025
Name(s) of companies complained against
Category of complaint Real Estate
Permanent link of complaint Right click to copy link
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Text of Complaint by Arun D K:

I have invested 15 Lakhs into Smart owner properties way back in 2016. Initially the lock in period was 2 years. After the lock in period i asked to return my money but they said we have to wait for the sales to happen and will get delayed by 1 year. Again after 1 year they said they are moving all the money from this project to debt funds which will give fixed return every quarter and minimum lock in is 2 more years. In the first year they gave some interest in 2019. After that they didn’t pay anything due to Covid and delaying the payments year after year. When i researched, came to know many people have been duped by smart owner and now they have projects all over India which is very alarming. What are the options for me as a minority investor to get my money back?

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Smartowner not returning Investments – A big real estate fraud

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