Mumbai Police Files FIR in Rs. 32 Crore SRA Housing Scam Involving 200 Flat Buyers
The Economic Offences Wing (EOW) of Mumbai Police has registered a case against nine individuals, including developers and a real estate agent, for allegedly cheating over 200 homebuyers in a Rs. 32 crore SRA redevelopment housing project in Borivali.
Housing ScamFlat BuyersBorivaliEowReal EstateReal Estate MumbaiAug 12, 2025
The complainant, Anil Kochunni Mambily (55), a resident of Vaishnavi Co-operative Housing Society, Borivali West, alleged that the accused lured buyers into booking flats in two housing projects — Vastu Nakshatra and Swagatam — under the SRA Co-operative Housing Society Ltd redevelopment scheme at Devi Pada, Borivali East.
According to the FIR, despite collecting booking amounts from around 200 customers, the developers failed to hand over possession of the flats or refund the booking money. The accused include Amogh Enterprises, Udaykumar Singh – Partner, Nirman Developers, Gautam Pandey, Nikhilkumar Singh, Hitesh Soni – Real Estate Agent, Soni Properties, Vishal Soni, Mukesh Pandey – Director, GSP Developers Pvt. Ltd., and Sunil Pandey, and Right Biltech Pvt. Ltd.
The FIR further states that even after Right Biltech Pvt. Ltd. went into insolvency proceedings before the National Company Law Tribunal (NCLT), the accused failed to disclose information regarding the complainant’s flat booking to the NCLT court.
The case has been registered with the permission of the Joint Commissioner of Police (EOW) and has been assigned to the Economic Offences Wing for investigation. The site was inspected by senior officials, with Sub-Inspector Tharat designated as the investigating officer. This move is expected to bring some relief to the aggrieved homebuyers who have been waiting for years to either get their flats or a refund of their money.
Frequently Asked Questions
Who are the accused in the SRA housing scam?
The accused include Amogh Enterprises, Udaykumar Singh (Partner), Nirman Developers, Gautam Pandey, Nikhilkumar Singh, Hitesh Soni (Real Estate Agent), Soni Properties, Vishal Soni, Mukesh Pandey (Director, GSP Developers Pvt. Ltd.), Sunil Pandey, and Right Biltech Pvt. Ltd.
How much money was involved in the scam?
The scam involved approximately Rs. 32 crore.
How many homebuyers were affected by the scam?
The scam affected more than 200 homebuyers.
What are the names of the housing projects involved in the scam?
The housing projects involved in the scam are Vastu Nakshatra and Swagatam, both under the SRA Co-operative Housing Society Ltd redevelopment scheme at Devi Pada, Borivali East.
What is the role of the Economic Offences Wing (EOW) in this case?
The Economic Offences Wing (EOW) of Mumbai Police has registered the case and assigned it for investigation. The site was inspected by senior officials, and Sub-Inspector Tharat has been designated as the investigating officer.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).