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IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

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IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

Last updated: January 11 2021
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  • #21


    Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

    DB Buyers
    Attached Files
    Last edited August 21 2016, 01:50 AM.


    • #22


      Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

      ALLEGED RS 300-CRORE SCAM BY YASH BIRLA-LED COMPANY - 10 properties connected to Birla Group attached

      The properties include a row house at Kemps Corner, flats at Nepean Sea Road and Bandra, and a 4,000 sq mt plot at Oshiwara

      More trouble's in store for industrialist Yash Birla as the state Home Department has attached 10 properties of the Birla Group in connection with the alleged scam of over Rs 300-crore involving Birla Power Solutions Limited (BPSL).A first information report (FIR) had been filed against the firm and its chief financial officer PVR Murthy two years ago, and the deputy collector launched the process of serving notices regarding the properties being attached earlier this week.

      The properties in Mumbai that have been attached include a row house at Grand Paradi, Kemps Corner, a flat in Ashoka Apartments on Nepean Sea Road, a 4,000 sq mt plot at Oshiwara, and an apartment in the Sagar Darshan Society on Carter Road, Bandra. The deputy collector, who has issued the notices, has also sought a valuation of these properties.

      Yash Birla and BPSL, through advocate Ramakant Gaur, filed an objection saying there was no need to attach his ancestral property. “After the government notification, an affidavit is supposed to be filed by the competent authority within 30 days, which was done three days later.Moreover, there are no reasons assigned for attaching ancestral property such as the Grand Paradi row house,“ Birla said.

      Gaur further said that more than 9,000 of the 11,000 investors have been paid, and the value of the properties far exceed the pending amount.

      Mumbai Mirror had reported in 2014 that the debt-ridden BPSL had told the high court that it will refund money it collected over eight years ago from investors under its corporate fixed deposit (FD) scheme. The BPSL had said that it will raise funds through family and friends, and also through internal accruals by reviving the company and launching some cutting edge products in the portable genset sector. BPSL had promised to clear all dues within a span of eight years as per the proposal submitted to the HC. Now, with the Home Department attaching the properties, the court will hear objections if any, and take a decision to make the attachment absolute, or modify the process.Following this procedure, the properties would be ready for auction.

      The BPSL allegedly owed Rs 329 crore to its unsecured creditors and investors, and the Economic Offences Wing (EOW) in 2014 filed a 5,000page charge sheet against the company's managing director and group CFO PVR Murthy, saying the company accepted cash deposits and offered up to 42% annual interest, but defaulted not only on the interest but also on the principal amount of thousands of investors.

      The Home Department notification, issued on March 19, said that the state government was convinced that the company will not be able to return the investors' and creditors' money. “The government has to protect the interest of the depositors, and hereby attaches the properties of the said financial establishment,“ the notification said. The attachment also includes 69 bank accounts.
      The deputy collector has instructed the tehsildar, the assistant district collector, and the assistant district registrar that no transaction should be allowed on the attached properties.


      • #23


        Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

        5 ‘ developers’ held for not developing

        The accused had duped over 20 people to the tune of R 10 crore between 2010 and 2014 by selling flats in a Kandivli project that was never constructed

        IT’S the age- old con.

        Developers sell flats and promise timely delivery, but when the time comes, they bail out. On Saturday night, the Malad police arrested five such developers who cheated over 20 people under the pretext of selling them flats in a project that never took off and duped them of over R 10 crore. The accused were arrested from various parts of Malad and produced before a holiday court that remanded them in one- day police custody.

        The arrested accused have been identified as Denesh Nahata, Bipin Sanklecha, Kamal Vyaas ( from Sanjog Developers) along with Mohammad Badgujar and Babu Badgujar from Soni and Associates.

        According to officials, between 2010 and 2014, the five accused drew in people with the claim that they were jointly developing a property at New Link Road in Kandivli and took bookings for the same. They assured their victims that possession would be given within three years of receiving the booking amount.

        They even gave out allotment numbers for flats. However, once the promised 36 months passed, the builders started avoided their calls and messages.

        After over four years passed with no development in sight, 16 victims approached the Malad police on April 29, 2015 and registered a complaint against the developers.

        Victims speak One of the complainants, Ketan Jasani ( 39) said, “ I was lured in by their low rates. I booked four flats at a total price of R 2.19 crore. Till date, I have also paid a total sum of R 1.19 crore in cash and cheques. The builder allotted me flats in a building that is still not constructed.” The police investigation took over a year and finally culminated in a sweeping arrest of all five accused on Saturday night.

        Police says “ We have arrested the five accused. The FIR was registered last year, but the police was investigating the matter till yesterday and finally made the arrests. They were produced before the holiday court and remanded in one- day police custody,” said a police official from the Malad police station.

        5 realty partners held for duping 17 of Rs 4cr

        Five partners of a developer firm have been arrested for allegedly duping at least 17 people of over Rs 4 crore after promising them flats in an slum rehabilitation authority (SRA) project at Lalji Pada in Kandivli (W). Kandivli resident Ketan Jasa ni, whose father and three uncles booked four flats in the project in 2010, claimed that Dinesh Nahta, Mohammed Badguzar and three other partners of Sanjog Developers did not construct the building despite taking token money .Instead, they sold the project to another builder who completed the SRA building. “At least 17 victims have complained to us. The builder neither constructed the building not returned the token money ,“ said Malad police senior inspector Sudhir Mahadik.

        In an SRA project, the builder rehabilitates the illegal slum dwellers on the same plot and commercially exploits the remaining plot that is allowed as a freesale component.

        “My father and uncles sold their agricultural lands in our hometown to book the four flats for a token of Rs 25 lakh each. The builder promised us possession in 2013,“ Jasani told TOI.

        Himmat Viradiya, another complainant, said he booked a flat after seeing an advertisement of the project. “The builder was to construct our building in the ex tra FSI he would get after completing the SRA building, but he kept delaying the work. Unable to complete the project, Sanjog Developers sold the project to another builder, but did not inform him about our money or flats,“ Viradiya added.
        The five were arrested on Saturday and booked under IPC sections 34 (common intention), 406 (breach of trust) and 420 (cheating and dishonestly inducing delivery of property).

        Five arrested for duping flat buyers in SRA project

        Malad Police arrested five people for cheating 20 flat buyers to the tune of around Rs 10 crore in a Slum Rehabilitation Authority (SRA) project in the Western suburbs.The accused has been identified as K a m a l Vy a s , D i n e s h N a h a t a , Mohammad Badgujar, Babu Badgujar and Vipin S, were arrested by the Malad police on Saturday. They had been remanded in police custody till today.

        According to police, Vyas of and his associates allegedly took money towards flats in his 24-storey project situated at Laljipada on Link Road in Kandivali (W).

        “In return, Vyas handed over the allotment letters to us but later on sold the entire project to another developer. When we demanded our money back, he said that we'd have to ask the other developer,“ said Ketan Jasani, one of the flat buyers who filed a complaint with the police.

        According to Sudhir Mahadik, senior police inspector at the Malad police station, a first information report was filed last year. In a yearlong probe, police recorded the statements of several people, including the complainants, agents and associates of the builder's firm and found that Vyas and four others had cheated the flat buyers.

        Meanwhile, the accused have been arrested under sections 406 (punishment for criminal breach of trust), 420 (cheating and dishonestly inducing delivery of property) and 34 (acts done by several persons in furtherance of a common intention) of the Indian Penal Code. Police say that more arrests cannot be ruled out in the case.
        Last edited August 22 2016, 10:54 AM.


        • #24


          Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

          Realtor cheats 23 families with fake permit

          Case over not granting possession of flats reveals the entire Homai Mahal redevelopment project is illegal as builder never had due permission

          Twenty-three families of Vile Parle's Homai Mahal housing society have been left without a roof over their heads after a case against their redeveloper for not granting them possession of their flats revealed that the entire project was illegal.The five-storey Homai Mahal housing society was given for redevelopment in 2009 to Icon Builders and Developers. The builder allegedly said that he had a commencement certificate (CC) from the BMC to redevelop the building into a seven-storey structure. According to the society members, the project was expected to be completed in 30 months, but it got delayed by two years.

          Padmanabh Nair, secretary of the society, told Mumbai Mirror, “We kept asking the builder ­ Sachin Kelkar ­ for our flats. But we were forced to take the matter to court when we did not get possession of the flats even after six years.“

          Nair alleged that after building three storeys, the builder stopped the work. However, after insistence from the residents, he completed the seven storeys, but stopped short of handing over the flats. But the court case revealed that the BMC had not only issued no CC to Kelkar, but he had also forged the signature of the former secretary of the society to fabricate resolutions passed by the society to get a fake CC. A complaint regarding the forgery was registered with Vile Parle police in April.

          “We have been living on rent since 2009 but Kelkar stopped paying rent for us since last year. We are in so much trouble now. This building also holds emotional value for us. The builder kept saying that he had two CCs but the BMC had issued none,“ Nair rued. Advocate Ameet Mehta said, “There are 23 families who are fighting for their own houses and it was a shocking revelation that the CC itself was not valid. We will not give up and will take this fight to its logical end.“

          The court terminated the contract saying that there was no permission given for the construction of the additional two storeys and that Kelkar had forged the signature of the former secretary of Homai Mahal housing society.

          The police have now been ordered to file a detailed report on the case for the next hearing.

          The builder refused to comment on the issue.

          Last edited August 22 2016, 10:05 AM.


          • #25


            Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

            Builder declares woman dead to usurp land worth Rs 10cr

            Family finds Kasarvadavali's 60-yr-old Anita Patil, who is hale and hearty, was declared dead in 2012 and builder has `fake' power of attorney to take over her plot; hearing scheduled for today

            Kasarvadavali's 60-year-old Anita Patil ­ hale and hearty ­ was in for a shock when a letter from the local tehsildar arrived asking if her family had any objection to her 12,000-square-foot, worth a whopping Rs 10 crore, getting registered in the name of a leading builder at Ghodbunder Road in June.Patil was told that the builder had in his possession power of attorney letters in the names of her entire family stating that since she was declared dead in 2012, her family had no right to object to the transfer of her property.

            Patil and her son Ajit, who runs a transport business, immediately took up the matter with the sub-divisional officer and a hearing for the same is scheduled for today at the tehsildar's office.
            But things got out of hand when local goons, accompanied by at least 20 policemen, showed up at Patil's plot of land on Friday demanding possession of the land.

            However, after resistance from Patil, Ajit and other family members, the group left the plot.
            Speaking with Mirror, Ajit said, “The plot belongs to my mother who is well and alive. It is part of a 70,000sq-ft ancestral plot, out of which 12,000 sq ft belongs to her. But on enquiring with the tehsildar, I learnt that my mother was declared dead in 2012 and the tehsildar's office had issued orders stating that we, her family, had no rights to the land or any right to object to the transfer of the plot.“

            Ajit took up the matter with a Wadala-based NGO after Friday's incident.

            Shiv Kumar Chauhan, a member of the NGO said, “When we checked with the police, they couldn't give any details about what kind of documents or orders they had to take possession of the said property. The property is in litigation and a hearing is scheduled on Monday. But the policemen and the builder's goons were in a hurry to take control over the property before the hearing. The woman who has been shown dead in the documents produced for registration of the property in the name of the builder is alive and stopped the policemen herself on Friday. They have man aged to produce fake power of attorney, fake death certificates and many such documents to claim right over the property.“ Patil has been the owner of the plot of land for the last 60 years.However, the builder has submitted documents showing that she died in 2012 and her deceased husband, Dwarkanath Patil had signed a deal with his brothers in 1994, handing the plot over to the said builder.

            “My father died in 2013 and until then, he was never willing to sell the land. We do not have any papers regarding any sale of land and my mother, the owner of the land, is still alive,“ Ajit added.
            Despite repeated attempts, there was no reply from the builder.

            Meanwhile, senior police inspector, D D Tele, from Kasarvadavali police station, said, “I have no idea about any such development but I will have to check. It seems that the plot is in dispute and one of the claimants had tried to erect some structure, so the police was called.“


            • #26


              Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

              Clearly a case of civil disputes being settled by dragging police administration into the picture, though the forgery of death certificate etc would be in the criminal case domain. Would be interesting to know how the police would now address the case, since the owner is still alive. This is the second case in the last 2 years I am hearing where the so called dead owner is very much alive.
              Last edited August 23 2016, 10:54 AM.


              • #27


                Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

                Builder declares woman dead to usurp land worth 10cr - Mumbai Mirror
                Realtor cheats 23 families with fake permit - Mumbai Mirror
                All new ways of landing people into trouble.
                New skill to be learnt-Rock climbing also.
                Some builders may ot legally hand over and then you must be like Spiderman to climb,jump.
                All these to satisfy our dream of a dream house.


                • #28


                  Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

                  Multiple Housing regulators


                  • #29


                    Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

                    Hex World project
                    Attached Files


                    • #30


                      Re : IREF Crime Patrol FIR Cheating cases in high court lodged against Mumbai, Thane, Navi mumbai Builders

                      HC clips wings of high-flying bldr who left tenants in lurch - Times of India


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