Ats infrastructure not honouring guarnteed buy back

ATS Infrastructure, known for its reputation and goodwill to honour their commitment, encashed this image and started selling high-end luxury 3BHK and 4BHK residential apartments under "Guaranteed Buyback and Subvention Scheme" in Sector 104 and Sector 109, Dwarka Expressway, Gurgaon to local residents and NRI’s. 2. There are around 175 consumers who booked apartments in ATS Triumph and ATS Tourmaline in Sec.104/109 Dwarka Expressway, Gurgaon in 2014 under the "Guaranteed Buyback and Subvention Scheme" from ATS. 3. Each apartment was sold for between Rs.1.50-3.00 crores depending upon the size and facilities. 4. ATS guaranteed Purchaser/Investor to buy back the apartment at a premium after expiry of 3 years from the date of booking. 5. ATS agreed to pay 18% per annum interest for the period of delay on the total repurchase price payable to the Purchase/Investor. 6. ATS was liable to pay to the Bank all installments, Pre possession EMI, interest to the bank directly and keep the Purchaser/Investor fully indemnified in this regard. 7. It is pertinent to note that most of the investors opted for the scheme as it coming from a highly reputed developer with an indelible track record. 8. A Memorandum of Understanding (MOU) was duly signed between ATS and Investors for the scheme and a Tripartite Agreement was signed between the Bank (loan provider), ATS and Investors. 9. Investors were told in mid-2017 (after 3 years), that they are 10. In mid-2018 (after 4 years), investors are told by ATS, that they will not do buyback nor pay any interest for 1-year extended period. 10. The investors are cheated as ATS have enticed us in buying the flat by giving false assurance and then running away from their commitment. The total cheating will be in excess of Rs.500 crores combined. 11. Please advise . We cannot even file a complaint with rERA as the project is not listed.