Navi Mumbai Land Scam: Developer Loses Rs 66.75 Lakh to Forged Documents
A Navi Mumbai-based developer was duped of Rs 66.75 lakh in a land deal through fraudulent means. The police have registered an FIR against four individuals.
Navi MumbaiLand ScamCidcoReal EstateForgeryReal Estate MaharashtraJul 15, 2024
The scam came to light when the developer realized that the documents provided by the sellers were fake. According to reports, the victim paid the massive amount between December 2021 and January 2023 as part of the land sale-purchase deal.
The Navi Mumbai police have registered a First Information Report (FIR) against four individuals for forgery, criminal breach of trust, and criminal conspiracy. The police are currently investigating the case.
The incident highlights the need for developers and buyers to exercise caution while dealing in land transactions. It is essential to verify the authenticity of documents and ensure that all necessary checks are in place to avoid falling prey to such scams.
In recent times, there have been several instances of land frauds in Navi Mumbai, and this case serves as a stark reminder of the importance of due diligence in real estate transactions.
Information
CIDCO (City and Industrial Development Corporation) is a nodal agency responsible for the development of Navi Mumbai. It plays a crucial role in the planning and development of the city's infrastructure.
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Frequently Asked Questions
What is the amount involved in the Navi Mumbai land scam?
The developer was cheated of Rs 66.75 lakh in the land deal.
What was the modus operandi used by the fraudsters?
The accused forged documents, including CIDCO-related ones, to show ownership of the plot.
When did the developer pay the amount?
The developer paid the amount between December 2021 and January 2023.
What is CIDCO's role in Navi Mumbai's development?
CIDCO is a nodal agency responsible for the development of Navi Mumbai and plays a crucial role in the planning and development of the city's infrastructure.
What can developers and buyers do to avoid falling prey to such scams?
It is essential to verify the authenticity of documents and ensure that all necessary checks are in place to avoid falling prey to such scams.
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