Hyderabad Couple Arrested for Rs 22.5 Lakh Real Estate Scam
Bowenpally police have arrested a couple from Narsingi for defrauding two women of Rs 22.5 lakh in a real estate scam. The suspects created a fake venture and forged documents to deceive the victims.
Real Estate ScamBowenpally PoliceHyderabadFraudPropertyReal EstateSep 20, 2025
According to the police, the couple created forged documents and collected Rs 22.5 lakh from the two victims, Ramya and Veena, on the pretext of selling property. When the victims demanded the registration of the plots, the couple allegedly threatened them.
Following a complaint from the victims, the Bowenpally police booked a case and conducted an investigation. The couple was subsequently arrested and taken into custody. The police also recovered the forged documents and other incriminating evidence.
Real estate scams are not uncommon in the bustling city of Hyderabad, where the demand for property is high. Such scams often involve the creation of fake companies, forged documents, and threats to victims to prevent them from seeking legal action. The arrest of Parashuramulu and Madhavi serves as a warning to other potential fraudsters and a reminder to the public to be vigilant when engaging in real estate transactions.
The Bowenpally police have urged anyone with information about similar scams to come forward and report the incidents. The victims in this case are receiving support from local authorities to recover their losses.
Real estate transactions require careful verification and due diligence. Potential buyers should always verify the legitimacy of the seller and the documents provided. Consulting with a legal expert or a trusted real estate agent can also help prevent falling victim to such scams.
The police have also emphasized the importance of reporting such incidents to the authorities immediately. Quick action can help prevent the fraudsters from targeting more victims and can aid in the recovery of lost funds.
In this particular case, the swift action by the Bowenpally police has brought the culprits to justice, providing a sense of relief to the victims and a strong message to the community that such fraudulent activities will not be tolerated.
Frequently Asked Questions
What is the real estate scam that the couple was involved in?
The couple, Parashuramulu and Madhavi, created a fake real estate venture named Skanda Sri Infra Developers. They forged documents and collected Rs 22.5 lakh from two women, Ramya and Veena, on the pretext of selling property.
How did the victims discover the scam?
When the victims demanded the registration of the plots, the couple allegedly threatened them. This led the victims to file a complaint with the Bowenpally police.
What action did the police take?
Following the complaint, the Bowenpally police booked a case and conducted an investigation. They arrested the couple and recovered forged documents and other incriminating evidence.
How can potential buyers protect themselves from real estate scams?
Potential buyers should verify the legitimacy of the seller and the documents provided. Consulting with a legal expert or a trusted real estate agent can also help prevent falling victim to such scams.
What is the importance of reporting real estate scams?
Reporting such incidents to the authorities immediately can help prevent fraudsters from targeting more victims and can aid in the recovery of lost funds. It also sends a strong message that such fraudulent activities will not be tolerated.
Related News Articles
Real Estate Market Sees Gains Amid Positive Trend
Real Estate stocks rise as S&P BSE Realty Index gains 0.96% at 8117.27
Makers of 'Burj Khalifa' Enter Mumbai with Ultra-Luxury Villa Project
The real estate market in Maharashtra is set to witness a significant transformation with the launch of 'The Casa Venero,' an ultra-luxury villa project by the makers of the world-renowned Burj Khalifa.
Kanakapura Road: Bangalore's Emerging Eco-Friendly Real Estate Hub
Kanakapura Road in Bangalore is rapidly transforming into a sought-after real estate hotspot, with many residential projects emphasizing eco-friendly living. Green initiatives, landscaped gardens, and proximity to nature are key features attracting homebu
Maharashtra: Real Estate Sectors Anticipates Revolutionary Changes with New Government
The real estate sector in Maharashtra is buzzing with optimism as the newly formed government is expected to introduce transformative policies that could unlock significant growth and development in the industry.
Wakad and Wagholi in Pune Witness Significant Real Estate Price Growth
Pune's real estate market has seen impressive growth, with Wakad and Wagholi leading the way. Wakad, a prime area, recorded a 27% price increase, while the peripheral area of Wagholi saw a staggering 37% growth.
Hiranandani Group Makes Strategic Entry into Pune's Real Estate Market with Landmark Deal
The Hiranandani Group, one of India's leading real estate developers, has officially entered the vibrant real estate market of Pune by partnering with Krisala Developers on a significant 105-acre project.