Hyderabad Police Arrest AP Realtor for Rs 8 Crore Investment Fraud
An Andhra Pradesh-based realtor, Gogula Lakshmi Vijaya Kumar, was arrested for defrauding investors in Hyderabad of Rs 8 crore through buyback and pre-launch schemes. Kumar, the director of AV Infracon Private Limited and AV Organo Farms Private Limited, lured investors with false promises of high returns and legal ownership.
Real Estate FraudInvestment SchemesHyderabadGogula Lakshmi Vijaya KumarAv Infracon Private LimitedReal Estate NewsJun 26, 2025
Vijaya Kumar executed agreements of sale, MoUs, and sale deeds to make investors believe that their investments were legally valid. However, he later duped them, never registering the plots or returning the money. The Cyberabad police arrested Kumar based on a complaint filed by a Hyderabad resident.
Kumar reportedly initiated investment schemes, such as investment plans, land buyback offers, and pre-launch housing deals, by promising high returns and legal ownership of real estate. He assured investors a 50 percent return on deposits after one year. Additionally, he offered 2BHK flats at low prices in semi-gated or high-rise projects with a delivery period of two years.
To gain the trust of investors, the accused executed Agreements of Sale, MoUs, and even Sale Deeds. However, he never registered the plots or returned the money. The fraud was initiated in 2021 when Kumar and his associates posed as legitimate real estate developers. The money collected from depositors was allegedly diverted to other personal and undisclosed investments.
The case was registered under Sections 316(2) and 318(4) of the Bharatiya Nyay Sanhita (BNS) 2023, and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999. The police are now working to recover the funds and bring justice to the affected investors.
This incident serves as a cautionary tale for potential investors, highlighting the importance of thorough due diligence before committing to any investment scheme. Investors are advised to verify the credentials and legal standing of the companies and individuals they deal with to avoid falling victim to such fraudulent activities.
The arrest of Vijaya Kumar is a significant step towards ensuring the integrity of the real estate market in Hyderabad and protecting the interests of investors. The police have urged anyone who believes they may have been affected by this fraud to come forward and provide information.
Frequently Asked Questions
Who is Gogula Lakshmi Vijaya Kumar?
Gogula Lakshmi Vijaya Kumar is the director of AV Infracon Private Limited and AV Organo Farms Private Limited. He was arrested for defrauding investors in Hyderabad of Rs 8 crore through various investment schemes.
What investment schemes did Kumar offer?
Kumar offered investment plans, land buyback offers, and pre-launch housing deals. He promised a 50 percent return on deposits after one year and offered 2BHK flats at low prices with a delivery period of two years.
How did Kumar gain the trust of investors?
To gain the trust of investors, Kumar executed Agreements of Sale, MoUs, and Sale Deeds, making them believe that their investments were legally valid. However, he never registered the plots or returned the money.
When did the fraud begin?
The fraud was initiated in 2021 when Kumar and his associates posed as legitimate real estate developers. The money collected from depositors was allegedly diverted to other personal and undisclosed investments.
What legal actions were taken against Kumar?
Kumar was arrested based on a complaint filed by a Hyderabad resident. The case was registered under Sections 316(2) and 318(4) of the Bharatiya Nyay Sanhita (BNS) 2023, and Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999.
Tags:
Related News Articles
HDFC Capital's $2 Billion Bet on Affordable Housing in India
HDFC Capital Advisors is set to invest over $2 billion in affordable and mid-income housing in India by 2025, aiming to ease supply-side limitations and fund one million homes.
CapitaLand Investment Aims to Double Funds in India by 2028, Eyes Renewable Energy and Private Credit
Singapore-based CapitaLand Investment Ltd plans to more than double its funds under management in India by 2028, with a focus on real estate, renewable energy, and private credit.
DLF Launches Super-Luxury Project The Dahlias in Gurugram, Aiming Rs 26,000 Cr Revenue
DLF has pre-launched its 17-acre super-luxury housing project, The Dahlias, at DLF 5, Gurugram, and has already received a positive response from the market. The project is expected to generate Rs 26,000 crore in revenue, marking a significant milestone f
Dhanteras Brings Strong Momentum to Real Estate Sales
On the occasion of Dhanteras, Sachin Bhandari, Executive Director and CEO of VTP Realty, shares his optimistic sentiments for the real estate market during the festive season.
Urjita Master Acquires Luxurious Sea-View Apartment in Mumbai's Worli for Over Rs 105 Crore
Mumbai continues to lead the nation as the most expensive real estate market, with the recent acquisition of a prime sea-view apartment in Worli by Urjita Master for a staggering Rs 105 crore.
Mumbai Sees 12% Rise in Property Registrations from January to November
Mumbai's dynamic real estate market witnessed a significant 12% increase in property registrations during the period from January to November. Higher value properties, priced at Rs 2 crore and above, account for more than 23% of these registrations, indic