Real Estate Maharashtra

Maharashtra Cyber Police Drive to Curb Real Estate Fraud via Fake SIMs

2026-10-11 · GeoSquare News Scraper

The Maharashtra Cyber Police has initiated a statewide drive to detect fake SIM cards and mule accounts, a move that is expected to significantly reduce cyber fraud in the real estate sector. With property transactions increasingly moving online, such fraudulent channels have been used to siphon off payments from unsuspecting homebuyers and investors.

Why This Matters for Property Buyers

Fake SIM cards and mule accounts are often used by cybercriminals to impersonate builders, brokers, or legal advisors. They intercept communications and divert advance payments or stamp duty amounts into fraudulent accounts. This drive aims to dismantle these networks, making property deals safer and more transparent across Maharashtra, including Pune and Mumbai.

How the Drive Helps Investors

By weeding out illegal SIM cards and bank accounts, the police are cutting off the primary tools used in real estate cyber fraud. This proactive step will help verify the authenticity of parties involved in property transactions, reducing the risk of financial loss. It also strengthens the overall digital infrastructure that supports property registrations and online payments.

What Homebuyers Should Do

While the state machinery works on enforcement, buyers should remain vigilant. Always verify the identity of the seller or agent through official channels, cross-check property documents with local authorities, and never transfer money to personal accounts without proper legal agreements. Reporting suspicious numbers or accounts to the cyber police helpline can also aid the ongoing drive.