Absconding realty group director nabbed in Lado Sarai
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Absconding realty group director nabbed in Lado Sarai

Surpreet Suri was absconding since 2018 after the group was served three RCs. 

Absconding realty group director nabbed in Lado Sarai HIS GAME'S UP: Surpreet Suri after his arrest

Surpreet Suri, director of 3C group, was arrested for allegedly defaulting on payment of over Rs 100 crore Gautam Budh Nagar district sub divisional magistrate, Dadri Rajeev Rai.  He was absconding ever since the realty group was served three recovery certificates (RC) in 2018 leaving hundreds of buyers awaiting possession their flats in the lurch. 

The three RCs, valued at Rs 35 crore, Rs 65 crore and around Rs 4 crore respectively, were issued against the group.

According to official sources, Suri was arrested from his Lado Sarai office in South Delhi on the instructions of the district administration. He could be tracked down after a rigorous manhunt and has been sent to the lockup, an official said, adding, the administration is now on the lookout for other two directors – Vidur Bharadwaj and Nirmal Singh – who are still absconding.

Once director of a real estate group, now cooling his heels in the lockup
Once director of a real estate group, now cooling his heels in the lockup