Pune Real Estate Horror: Father of Porsche CrashTeen Arrested Again for Cheating

Vishal Agarwal, father of the 17-year-old involved in the Porsche crash incident in Kalyani Nagar, Pune, has been arrested again for cheating related to one of his real estate projects.

PuneReal EstateCheatingPorsche CrashJudicial CustodyReal Estate PuneJul 02, 2024

Pune Real Estate Horror: Father of Porsche CrashTeen Arrested Again for Cheating
Real Estate Pune:In a shocking turn of events, Vishal Agarwal, the father of the 17-year-old who was involved in a fatal Porsche crash incident in Kalyani Nagar, Pune, has been arrested again. This time, he has been arrested by the Pimpri Chinchwad police in a case of cheating related to one of his real estate projects.

Agarwal was already in judicial custody when the police took his custody and produced him before a court, which remanded him in fresh police custody for two days. This is in connection with a complaint filed by Vishal Adsul, chairman of Nancy Brahma Residency, a project constructed by Agarwal's firm in Bavdhan area, Pune.

The construction firm allegedly did not provide enough open space to the project and gave only one open space to three buildings by altering the plans. Additionally, they did not take the housing society's permission while constructing two 11-storied buildings on its land, according to a police official.

Earlier in the day, a court in Pune granted bail to Vishal Agarwal and his father Surendra Agarwal in a case where they are accused of kidnapping and wrongfully confining their family driver after the fatal accident of May 19.

The two are accused of trying to put pressure on the driver to take responsibility for the accident in which two persons were killed, and thus shield Vishal Agarwal's son who was allegedly driving the Porsche when it hit the victims' motorbike.

This latest development raises questions about the conduct of real estate developers in Pune and the need for stricter regulations to prevent such incidents.

Vishal Agarwal's son was involved in a fatal Porsche crash incident in Kalyani Nagar, Pune, which resulted in the death of two persons. The incident sparked outrage and raised questions about the responsibility of the driver and the role of the family in trying to cover up the incident.

Nancy Brahma Residency is a real estate project constructed by Vishal Agarwal's firm in Bavdhan area, Pune.

Frequently Asked Questions

What is Vishal Agarwal accused of?

Vishal Agarwal is accused of cheating related to one of his real estate projects.

What is the name of the real estate project involved in the cheating case?

The real estate project involved in the cheating case is Nancy Brahma Residency.

What was the incident that sparked the kidnapping and wrongful confinement case against Vishal Agarwal and his father?

The incident that sparked the kidnapping and wrongful confinement case against Vishal Agarwal and his father was a fatal Porsche crash incident in Kalyani Nagar, Pune, on May 19.

How long has Vishal Agarwal been remanded in fresh police custody?

Vishal Agarwal has been remanded in fresh police custody for two days.

What are the Indian Penal Code sections under which Agarwal and others have been booked?

Agarwal and others have been booked under Indian Penal Code sections 420 (cheating) and 409 (criminal breach of trust), as well as provisions of the Maharashtra Ownership Flats Act.

Related News Articles

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections
Real Estate

Unlocking Opportunities in the Real Estate Insurance Market: Trends, Insights, and Projections

Discover the latest trends, challenges, and opportunities in the real estate insurance market, featuring key players, regional analysis, and market segmentation.

June 22, 2024
Read Article
Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High
Real Estate Pune

Pune Real Estate Market Sees 50% Jump in Registered Transactions, Average Home Price Reaches Record High

The number of real estate transactions in Pune has increased significantly, with registered transactions surging by 50% in the April-June 2024 quarter.

August 12, 2024
Read Article
Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4
Real Estate Mumbai

Haryana and Jammu & Kashmir Assembly Election Dates Announced by EC; Results to be Declared on October 4

The Election Commission of India has announced the dates for the Haryana and Jammu & Kashmir assembly elections. The polls will be held in a single phase on October 21, and the results will be declared on October 4.

August 16, 2024
Read Article
Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue
Real Estate

Century Textiles Acquires 10-Acre Land in Mumbai for ₹1100 Crore, Expects ₹14,000 Crore in Revenue

Century Textiles plans to develop the land through its real estate subsidiary Birla Estates, expecting ₹14,000 crore in revenue from the project.

September 10, 2024
Read Article
Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals
real estate news

Virgo Daily Horoscope for September 14, 2024: A Temporary Setback in Assets and Real Estate Deals

Be cautious with real estate deals today, as a temporary decline in assets may occur. However, this setback will be short-lived.

September 14, 2024
Read Article
DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore
real estate news

DLF Q2 Earnings Skyrocket: Net Profit Surges to ₹1381 Crore

DLF, India's leading real estate firm in terms of market capitalization, has reported a remarkable surge in its Q2 net profit, jumping over twofold to ₹1381 crore. The company, primarily engaged in the development and sale of residential and commercial pr

October 25, 2024
Read Article