Delhi Real Estate Scandal: Retired Official Loses Rs 3.5 Lakh in Housing Project Fraud
A real estate company in Delhi has allegedly defrauded a retired Central government official of more than Rs 3.5 lakh in a long-standing housing project that was abruptly closed. The project, which started in 2004, has left numerous investors without thei
Real Estate FraudHousing Project ScamDelhi Real EstateManoj AnandJdaReal EstateFeb 27, 2025
The complaint was lodged by Manoj Anand, who retired from the Department of Telecommunications, Government of India.
According to the FIR, the company launched a housing project in 2004, in which Anand booked a 300-square yard plot.
However, after nearly two decades, the project was closed abruptly with the accused allegedly transferring the land to its associate companies, leaving Anand and other investors without their promised plots.
“I applied for the plot in 2004 by paying an initial amount of Rs 1.5 lakh.
Many other transactions were also carried out as per the accused’s demands, totalling Rs 3.56 lakh, including the receipt for Rs 2.06 lakh following the company’s announcement of receiving a ‘no objection certificate’ from the Jaipur Development Authority (JDA),” the FIR stated.
The project was prominently displayed on the company’s website under ‘upcoming projects’ until 2023 before it was suddenly removed, raising concerns among the investors.
Anand said that despite repeated attempts to contact the company, he was unable to get a clear response on the present status of the project.
The company refused to provide any clarity, and phone calls to its office either went unanswered or were redirected to a fax machine.
Other plot applicants also expressed similar grievances, claiming the company allegedly transferred the land to one of its associate companies by using funds collected from the prospective homebuyers.
Four more victims — Jitender Thakur, Mohinder Singh, Manoj Chaudhary, and Sandeep — have also filed complaints against the real-estate company.
They alleged that approximately 2,000 plots were booked in the housing project between 2004 and 2005, with the company collecting around Rs 50 crore as booking amounts.
Despite receiving the funds, the company allegedly sold parts of the project land to its associates between 2014 and 2019.
The complainants also claimed that the company’s collaborator launched a new project on the same land, for which the JDA issued a license in 2020, selling approximately 300 plots to the public.
This scandal highlights the need for stricter regulations and oversight in the real estate sector to protect investors and ensure transparency.
Victims are urged to come forward and report any fraudulent activities to the authorities.
Frequently Asked Questions
What is the main issue in this real estate scandal?
The main issue is that a real estate company in Delhi allegedly defrauded a retired Central government official and other investors of a significant amount of money in a housing project that was abruptly closed after nearly two decades.
Who is the primary complainant in this case?
The primary complainant is Manoj Anand, a retired official from the Department of Telecommunications, Government of India.
How much money did Manoj Anand lose in the housing project?
Manoj Anand lost a total of Rs 3.56 lakh in the housing project.
What actions did the company allegedly take that led to the fraud?
The company allegedly transferred the land to its associate companies, sold parts of the project land to its associates, and launched a new project on the same land with a JDA license.
What steps can potential investors take to avoid such frauds?
Potential investors should conduct thorough background checks on real estate companies, seek legal advice, and ensure that all transactions are transparent and documented. They should also be wary of companies that do not provide clear communication or project updates.
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