Real Estate Magnate C J Roy Found Dead in Bengaluru Office; Suicide Suspected
C J Roy, the founder and chairman of real estate firm Confident Group, was found dead at his office near Richmond Circle in Bengaluru on Friday, January 30. Police suspect the incident to be a case of suicide, and a final conclusion will be drawn after the post-mortem examination, according to reports from PTI.
According to police, Roy suffered bullet injuries from his licensed firearm, raising suspicion that he may have shot himself. Soon after a gunshot was heard, staff members rushed to his room and found him lying in a pool of blood. He was immediately taken to a hospital, where doctors declared him dead.
The Income Tax Department had conducted searches at Roy’s premises earlier in the day. The fatal incident occurred while an intensive search operation by investigators was underway, which had begun in the morning and continued through the day. Reports indicated that after arriving at his office in the afternoon, Roy was questioned by officials for about an hour. During this time, investigators sought certain financial documents to verify records.
Roy then sought permission to go to his private chamber to retrieve the paperwork, a routine request. It was shortly after this that the incident reportedly took place. The sudden and tragic death of C J Roy has sent shockwaves through the real estate community in Bengaluru and beyond. Confident Group, founded by Roy, is one of the leading real estate developers in the region, known for its residential and commercial projects.
The exact circumstances leading to Roy's death are still under investigation, and authorities are piecing together the events of the day. The Income Tax Department's search and questioning are believed to have been part of a broader investigation into financial irregularities. The incident has raised questions about the pressure and scrutiny faced by business leaders and the impact it can have on their mental health.
Colleagues and associates of Roy have expressed deep sorrow and shock over his passing. Many have praised his contributions to the real estate industry and his leadership in developing some of Bengaluru's most prominent projects. The loss of such a prominent figure is a significant blow to the local business community and will likely have far-reaching implications.
As the investigation continues, the focus will be on understanding the full context of the events leading up to Roy's death. The post-mortem examination and further inquiries will provide more clarity on the circumstances. In the meantime, the real estate community and the public are left to mourn the loss of a key figure in the industry.