Hyderabad Couple Arrested for Rs 22.5 Lakh Real Estate Scam
Bowenpally police in Hyderabad have arrested a couple for defrauding two women of Rs 22.5 lakh in a real estate scam. The suspects, Parashuramulu and Madhavi, operated a fake venture and forged documents to deceive the victims.
Real EstateFraudHyderabadBowenpally PoliceArrestReal Estate NewsSep 20, 2025
The couple, residents of Narsingi, had set up a fake real estate venture named Skanda Sri Infra Developers. They managed to deceive two women, Ramya and Veena, by forging documents and promising them plots of land. The victims handed over Rs 22.5 lakh in exchange for the plots.
When the women demanded the registration of the plots, the couple allegedly began threatening them. This behavior prompted the victims to file a complaint with the Bowenpally police. Upon receiving the complaint, the police initiated a case and swiftly arrested Parashuramulu and Madhavi.
The Bowenpally police have stated that the couple's fraudulent activities were well-planned. They had created a convincing facade to lure unsuspecting buyers. The police are now working to recover the funds and ensure justice for the victims. The case is still under investigation, and the police are urging anyone with similar experiences to come forward and provide information.
This incident highlights the importance of due diligence in real estate transactions. Prospective buyers are advised to verify the credentials of real estate developers and ensure that all documents are genuine and legally valid.
Frequently Asked Questions
Who were the suspects in the real estate scam?
The suspects were Parashuramulu and his wife Madhavi, residents of Narsingi.
How much money did the victims lose in the scam?
The victims lost Rs 22.5 lakh in the real estate scam.
What was the name of the fake real estate venture?
The fake real estate venture was named Skanda Sri Infra Developers.
What did the couple do when the victims demanded plot registration?
The couple allegedly began threatening the victims when they demanded the registration of the plots.
Which police station handled the case?
The Bowenpally police station handled the case and arrested the suspects.
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