Real Estate Developer in Delhi Receives ₹2 Crore Extortion Call, Case Filed
A real estate developer in Vasant Vihar, South Delhi, received a threatening extortion call demanding ₹2 crore. The police have filed a case and are investigating the matter.
Real EstateExtortionDelhiGoldy BrarProperty MarketReal EstateSep 01, 2024
The developer reported the incident to the police, and a case of extortion was filed. According to the police, the number used to send the threat has been traced to a location outside of India.
The initial probe suggests that the case may not be the handiwork of an imposter, and Brar is unlikely to have threatened the complainant. The police are investigating the matter and are trying to identify the person behind the threatening call.
This incident has raised concerns about the safety and security of real estate developers in Delhi. The police are taking the matter seriously and are working to prevent such incidents in the future.
In other news, the real estate market in India is witnessing significant growth. A new social media platform, Real Estate Talk, has been launched to bridge the gap between buyers, sellers, and service providers. The platform aims to revamp the property market by providing features like detailed profiles, direct communication, and targeted advertising options for estate agents.
Meanwhile, Kokapet in Hyderabad has emerged as one of the top real estate markets in India. The area has seen an 89% surge in residential prices over the past five years, fueled by high demand and significant new supply.
However, the real estate sector is not without its challenges. A forgery case has been filed against an IPS officer who led the probe into a ₹1,200-crore fraud. The FIR claims procedural mishandling and overreach during the investigation, raising concerns of misconduct and selective prosecution.
Frequently Asked Questions
Who made the extortion call to the real estate developer?
The caller claimed to be US-based gangster Goldy Brar.
How much money was demanded in the extortion call?
The caller demanded ₹2 crore as 'protection money'.
Where was the number used to send the threat traced to?
The number was traced to a location outside of India.
What is the name of the new social media platform launched for the real estate sector?
The platform is called Real Estate Talk.
Which area in Hyderabad has seen a significant surge in residential prices?
Kokapet in Hyderabad has seen an 89% surge in residential prices over the past five years.
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