Navi Mumbai Police Book Four for Cheating Real Estate Developer of Rs 66.75 Lakh
The Navi Mumbai police have registered an FIR against four persons for allegedly cheating a 35-year-old real estate developer of Rs 66.75 lakh in a land deal.
Real EstateNavi MumbaiLand DealCidcoCheatingReal Estate MumbaiJul 14, 2024
The police official from the CBD police station stated that the accused took Rs 66.75 lakh from the victim in the land sale-purchase deal and cheated him. The offence allegedly took place between December 2021 and January 2023. Based on the developer's complaint, the police on Saturday registered an FIR against four persons under relevant legal provisions for cheating, forgery, criminal breach of trust, and criminal conspiracy.
A probe is currently underway into the case, and investigators are working to uncover the extent of the damage and bring the culprits to justice. The incident serves as a stark reminder of the importance of due diligence and caution in real estate transactions.
Information The City and Industrial Development Corporation (CIDCO) is a government agency responsible for the development of Navi Mumbai. It is a prominent player in the real estate sector in the region.
CIDCO is a nodal agency for the development of Navi Mumbai and has been instrumental in transforming the region into a thriving business hub.
Frequently Asked Questions
How much money was the real estate developer cheated of?
Rs 66.75 lakh
Where did the offence take place?
Ulwe area of Maharashtra's Navi Mumbai township
What was the period during which the offence took place?
Between December 2021 and January 2023
What provisions were the accused booked under?
Cheating, forgery, criminal breach of trust, and criminal conspiracy
Who is the nodal agency for the development of Navi Mumbai?
CIDCO (City and Industrial Development Corporation)
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