#Victims Of
Chordia Group x ABL Group
Park Regency Welfare Society
To fight for our homes, our money, and our rights.
We are a collective of rightful homebuyers who invested in Rajasthan’s First Sports City – Park Regency project — a dream that began in 2011, but turned into a decade-long struggle for justice. Park Regency Welfare Society (PRWS) stands united to represent the voices of hundreds of affected families whose lives were disrupted due to delays, legal complications, and a lack of accountability.
A Dream Promised But Not Delivered
“A maze of misinformation by Chordias and ABL, misleading the Enforcement Department and stalling justice.”
Madhu Chordia
Land Lady & Promoter of the Project: Park Regency
Record As Per RERA
madhuchordia1@gmail.com
+91 9829088988
29, Janpath, Shyam Nagar, Jaipur
Vinay Chordia
Husband of Madhu Chordia and owner of Chordia Group and POA holder
Chordia Group
Chordia Buildcom Pvt Ltd, Land Lady’s Company
As Per Record
Madhu Chordia – Director Till 14/05/2024
Adarsh BuildEstate
The Builder Company of Park Regency, Appointed by Chordia’s
Record As Per RERA
+91 141 4003666
www.abl.in
These are the key individuals, developers, and authorities responsible for the distress, trauma, and financial suffering endured by hundreds of families who believed in their promises. People invested not just money, but their entire life savings, dreams, and trust in a project that assured a secure, dignified home and a better future. Instead, what they received was a decade of uncertainty, legal battles, and emotional turmoil. The homes were never delivered, the money remains stuck, and no one has stepped forward to take responsibility. Despite repeated follow-ups, legal efforts, and appeals, there has been no transparency about where the funds have gone, nor any accountability from those in charge. The struggle faced by these homebuyers is very real, and the silence from those responsible only adds to the pain. We demand answers, action, and justice — through transparency, government intervention, and rightful compensation or delivery of what was promised.
A Timeline of Trauma…
“A Struggle of a Decade. A Distress That Feels Eternal. A Dream Turned Into Trauma.”
What began as the hope of a better life — a home to call our own — slowly unravelled into a long, painful saga of broken promises, legal chaos, and emotional devastation. The horrifying events that unfolded over the years are not just stories of delayed construction or financial loss — they are stories of shattered trust, of sleepless nights, of aging parents and growing children waiting for a roof that was never delivered.
This is more than a housing dispute. It’s a humanitarian crisis hidden in plain sight.
2011 – 2016
The Dream Sold
- 2011: Adarsh Build Estate Ltd (ABL), in partnership with Madhu Chordia (landowner, wife of Vinay Chordia), launched “Park Regency – Rajasthan’s First Sports City”. It promised 924 premium flats across 7 towers (A–G), with world-class sports amenities: tennis courts, swimming pools, squash court, golf zones, clubhouse, and more. Buyers invested based on these dreams, visuals, and brochures.
- 2013: A developer agreement (25/04/2013) was signed between ABL and Madhu Chordia, establishing project delivery timelines (3 years + 6 months grace after JDA approval). Madhu appointed her husband, Vinay Chordia, as Power of Attorney (6/12/2013), wherein it was nowhere mentioned in Tri-Party Agreement. Tri-party agreements were executed between ABL, Madhu Chordia, and the homebuyers. Bookings and payments began, some as early as 2011.
- 2016: Despite the project’s promised completion, construction remained incomplete. Conflicts emerged between ABL and the Chordia Group over funds, delaying the handover. More than 400+ flats were sold, and over ₹140 crore was invested by buyers including Government Taxes (Approx. 20+ cr) like Service Tax/GST/etc..
2016 – 2019
The Deception Unfolds
- 2017: With RERA coming into force, ABL applied for approval — but modified the entire project. They:
- Reduced the number of flats from 924 to 626
- Removed “Sports City” branding and renamed it to “Park Regency Luxury Apartments”
- Removed key amenities and altered the project map
- Changed the project layout without informing buyers, betraying the original concept
- 2018: Investors began receiving notices of a dispute between ABL and Chordia Group. The project came to a complete halt, yet demands for payment continued. The trust eroded, but legal clarity remained missing.
- 2019: The Enforcement Directorate (ED) intervened. Based on statements from Vinay Chordia and ABL, ED provisionally attached the project. However, buyers allege false and misleading statements were made to ED, causing a premature and improper attachment. This led to a legal deadlock, freezing the entire project and devastating over 600 families who had invested in good faith.
2019 – Present
The Legal Labyrinth
- 2019–2020:
- A Civil Writ was filed in Rajasthan High Court (WPC No. 20071/2019)
- RWA (Park Regency Welfare Society) filed intervention petitions in PMLA Tribunal
- ED confirmed the attachment on 31.03.2020
- 2020–2022:
- Multiple appeals were filed at the Appellate Tribunal and PMLA
- Rajasthan High Court dismissed writs (2022), advising buyers to approach ED/PMLA for remedies
- No flats delivered, despite nearly a decade of waiting
- 2023–2024:
- Fresh interventions were filed by RWA in CBI Court III, Jaipur
- On 9 Oct 2024, the PMLA Tribunal stated:
“Appellants may get their rights crystallized by appropriate remedies and approach the ED for release of property based on registered sale deeds.” - Buyers are still fighting to get either their homes or their hard-earned money returned
The Present Reality (2025):
- 600+ buyers remain without possession
- Many continue to pay EMIs without owning a home
- Multiple buyers have passed away without justice
- Some project structures are deteriorating, posing safety risks
- The principal accused — Madhu Chordia, Vinay Chordia, and ABL directors — walk free, despite being at the centre of a ₹140 crore+ buyer investment crisis
- Madhu Chordia broke the trust and Tri Party Agreement and took 57.7 Crores from this project. This statement was given by her husband Vinay Chordia.
- Using investors hard earned money, Chordia’s made more than 100 crores Rupees.
Initially Flats Promised in 7 Towers
Crores Invested
Crores Project Valuation By ED in 2019
Completion Time, Since 2013
Years of Suffering
Stand With Us. Speak Up for Justice. Support the Homebuyers’ Fight for Their Rightful Homes.
For over a decade, hundreds of families have endured false promises, financial exploitation, and emotional trauma — all for the simple dream of owning a home. Now, it’s time to raise our collective voice and demand accountability. Here’s how you can support the movement:
About Park Regency Welfare Society
“From Broken Promises to Collective Power. A Movement of Revolt. A Voice for the Victims.“
Park Regency Welfare Society (PRWS) is a registered, non-profit collective of homebuyers who invested in the Park Regency housing project in Jaipur with the hope of securing a peaceful, dignified life. What was promised to us in 2011 as “Rajasthan’s First Sports City” with modern amenities and timely possession, turned into a prolonged and painful journey of deceit, delay, and distress.
Over 600 families, including elderly citizens, women, and children, are still waiting for their homes. Many continue to pay EMIs for flats they never received. Some have lost their life savings. Others have passed away without ever seeing justice.
Formed in 2019, PRWS is the unified voice of these victims — committed to seeking legal justice, regulatory intervention, and public awareness. We represent the interests of every flat owner who trusted the vision shown by the developers, only to be betrayed by broken promises, illegal changes to the project plan, and a decade-long deadlock caused by mismanagement, fraud, and legal inaction.
Our Objectives
- Fight for the delivery of homes or rightful compensation
- Demand accountability from developers, landowners, and regulatory bodies
- Assist members with legal proceedings and documentation
- Serve as a formal platform for communication with government bodies, ED, RERA, CBI, and the judiciary
- Raise public awareness through media, petitions, and citizen forums
Our Appeal
We are not just fighting for walls and roofs — we are fighting for justice, for dignity, and for the right to live in the homes we were promised and paid for with our life’s savings. Behind every delayed flat is a family torn between hope and helplessness — aging parents, growing children, working individuals — all waiting endlessly for the security they were assured. We trusted the system. We believed the promises. We followed every legal and financial process. But in return, we have been met with delays, silence, and denial of responsibility from those who should have been held accountable.
Follow Us. Share Our Story. Be the Voice That Brings Justice.
Help us amplify the truth that’s been buried for over a decade. Share our journey, spread awareness, and stand in solidarity with families still fighting for the homes they were promised. Your voice can bring us closer to the justice we deserve.
🔗 Follow us on social media and be part of the movement.
#VictimsOfChordia
#SupportPRWS
#VoiceOfHomeBuyers
#JusticeForParkRegency
#ParkRegencyFightBack
#VictimsOfABL
#RealEstateJustice
#StandWithPRWS
#VoiceForTheVoiceless
#WhyInsvestInRajasthan
MAP OF 2011
Park Regency: Rajasthan’s First Sports City
The map promised a lifestyle — with sports, luxury, and community living. It sold us a dream that was never delivered.
UNINFORMED CHANGED MAP
Park Regency: Luxury Appartments
The map that changed their USP — and shattered our dream of a healthy, fulfilled lifestyle.
Download Facts
“The real documents, undeniable proof, and the lived suffering of the victims — every paper, every promise, every pain is documented.”
Blog Stories from the Victims
“The real-life stories, lived pain, and relentless struggles of the victims — voices that can no longer be ignored.”
The Promise which was never fulfilled
“This is the initial release for the trauma that awaited.”