In 2022, Amit Prasad Rai booked a ₹79-lakh flat in Sikka Kimaantra Greens, Sector 79, Noida. He paid ₹28.5 lakh upfront, reassured by the builder that its lapsed RERA registration would soon be renewed. When banks refused his loan application, Sikka’s staff promised the issue was temporary. Convinced, Rai made further payments totaling ₹51.3 lakh.
But months later, he received an abrupt email: his booking was canceled. The flat he had paid for, he says, was later handed over to another buyer. Repeated pleas for either possession or a refund went unanswered.
From Complaint to FIR
On October 10, 2025, following Rai’s petition, a city court ordered police to register an FIR against Harvinder Singh Sikka and Gurneet Singh Sikka, directors of the Sikka Group, and four senior staff members. The complaint alleges cheating, intimidation, and conspiracy under Sections 420, 323, 504, and 506 of the Indian Penal Code.
FCRF Launches CCLP Program to Train India’s Next Generation of Cyber Law Practitioners
The FIR was lodged at Sector 113 police station. Investigators are examining financial transactions, project approvals, and multiple allotments of the same unit. The company has not issued an official statement.
A Familiar Pattern in India’s Real Estate Sector
Rai’s ordeal mirrors the broader crisis facing India’s homebuyers — stalled projects, expired registrations, and developers accused of double-selling or delaying handovers. Despite reforms under RERA, enforcement remains inconsistent. Buyers often lack leverage against builders with political or financial clout.
Experts say such cases highlight systemic gaps: underfunded regulators, prolonged litigation, and weak deterrents for fraudulent practices.
The Stakes Ahead
Police are expected to summon the accused directors in the coming weeks. Rai, still paying EMIs for a flat he never received, says he hopes the case will “set a precedent for accountability.”
Whether it does may depend on how quickly investigators act — and whether Noida’s real estate market, long a symbol of India’s urban ambition, can restore the trust it has steadily lost.
