What is security alchemist infra realty limited if it is to deposit money here?

Answer 1

People have firm belief in their minds that their money is most secured only in Banks,Post Offices or in various schemes of LICI. They cannot be entirely blamed as they have burnt their fingers by putting their hard earned money in various lucrative schemes of Chit Funds in the past. These funds allured the common people by offering interest as high as 48% paid for few months and then closed their offices and fled away. The basic difference with these Cos and Alchemist is that the latter is a List company of SEBI and registered with NSE,BSE. The accumulated money collected from the public is invested in their various projects under the Scheme 'Certificate of Property'wherein the investor is given the right of land proportionate to their invested amount, registered with appropriate authority and promise to pay an assured amount in lieu of the land. A Power of Attorney is executed in favor the Co. so that the investor cannot raise any objection regarding the development the land later on. The previous schemes have already started maturing and most of the investors have reinvested their amount, instilling confidence on the Co. Thus the investors' money is well protected in 'Certificate of Property' as in Banks, Post Offices, or in Lic products. One can go through the registered deeds by visiting their regional office. They can also visit their website and have a closer look at the performance of the Co.