Mumbai Real Estate Scam: 69-Year-Old Retired Man Duped of ₹9.8 Lakh for Promised MHADA Flat
A 69-year-old retired man from Virar has filed a police complaint alleging that he was cheated of nearly ₹9.8 lakh by three individuals who promised to secure him a MHADA flat in Mumbai.
MumbaiReal EstateMhadaFraudScamReal Estate NewsOct 02, 2025
However, after failing to deliver on their promise, the accused allegedly returned only ₹3.30 lakh to Shinde to prevent him from initiating legal action. The remaining ₹9.80 lakh was never refunded.
Police said preliminary investigations suggest the same accused have similarly cheated other victims by offering MHADA flats in Mumbai. Based on the complaint, a case of cheating and criminal conspiracy has been registered at Tardeo Police Station. Further probe is underway.
The Maharashtra Housing and Area Development Authority (MHADA) is a government body responsible for providing affordable housing to the economically weaker sections of society. MHADA flats are highly sought after due to their affordable pricing and strategic locations within the city. However, this demand also makes them a target for fraudulent schemes, as unscrupulous individuals take advantage of the desperation of potential buyers.
Shinde's case highlights the need for increased vigilance and awareness among the public, especially the elderly, who may be more vulnerable to such scams. It is crucial to verify the credentials and past records of individuals or agencies offering MHADA flats and to avoid making any advance payments without proper documentation and legal backing.
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Frequently Asked Questions
What is MHADA?
MHADA stands for Maharashtra Housing and Area Development Authority. It is a government body that provides affordable housing to the economically weaker sections of society in Maharashtra, India.
How can I avoid real estate scams in Mumbai?
To avoid real estate scams in Mumbai, always verify the credentials of the individuals or agencies offering properties. Avoid making advance payments without proper documentation and legal backing. It is also advisable to consult a legal expert before proceeding with any property transactions.
What should I do if I suspect a real estate scam?
If you suspect a real estate scam, gather all relevant documents and evidence, and file a complaint with the local police station. You can also report the incident to the Maharashtra Housing and Area Development Authority (MHADA) and other relevant authorities.
What are the common tactics used in real estate scams?
Common tactics used in real estate scams include promising properties at unusually low prices, offering quick and easy approvals, and demanding advance payments without proper documentation. Scammers may also use fake IDs and forged documents to gain the trust of their victims.
What is the role of Tardeo Police Station in this case?
Tardeo Police Station is investigating the case of the 69-year-old retired man who was duped of ₹9.8 lakh. They have registered a case of cheating and criminal conspiracy based on the complaint and are conducting further investigations to identify and apprehend the accused.
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