Real Estate Tycoon Caught After 60-Km Police Chase: Here's the Whole Story

A dramatic 60-km police chase ended with the arrest of real estate tycoon Sanjeev Jain at Delhi's IGI Airport. Know the case that led to his dramatic arrest.

Real EstateSanjeev JainParsvnath DevelopersPolice ChaseNational Consumer Disputes Redressal CommissionReal Estate NewsAug 04, 2024

Real Estate Tycoon Caught After 60-Km Police Chase: Here's the Whole Story
Real Estate News:New Delhi In a scene straight out of a Bollywood film, a real estate tycoon was arrested at Indira Gandhi International (IGI) Airport after a 60-kilometre chase. The chase finally came to an end with the arrest of Sanjeev Jain, Managing Director and CEO of Parsvnath Developers Pvt. Ltd.

A Special Task Force (STF) team apprehended Jain, Delhi police said on Sunday. The arrest was made possible due to a non-bailable warrant issued against Jain by the Joint Registrar of National Consumer Disputes Redressal Commission (CDRC), Delhi, last month.

The warrant was based on a complaint filed against Jain by Rajat Babbar in 2017. Jain failed to appear before the commission despite the issuance of the warrant. Consequently, four non-bailable warrants and one bailable warrant from the National Commission were pending against Jain at Shahdara police station.

Following his arrest, Jain was presented before the National CDRC on August 4.

About Parsvnath Developers Pvt. Ltd. Parsvnath Developers Pvt. Ltd is a leading real estate company in India, known for its residential and commercial projects across the country.

Frequently Asked Questions

Who was arrested after a 60-km police chase?

Sanjeev Jain, Managing Director and CEO of Parsvnath Developers Pvt. Ltd was arrested after a 60-km police chase.

Why was Sanjeev Jain arrested?

Jain was arrested due to a non-bailable warrant issued against him by the Joint Registrar of National Consumer Disputes Redressal Commission (CDRC), Delhi, based on a complaint filed against him in 2017.

What is the name of the company Sanjeev Jain is associated with?

Sanjeev Jain is the Managing Director and CEO of Parsvnath Developers Pvt. Ltd.

Where was Sanjeev Jain presented after his arrest?

Jain was presented before the National CDRC on August 4 after his arrest.

What type of projects is Parsvnath Developers Pvt. Ltd known for?

Parsvnath Developers Pvt. Ltd is known for its residential and commercial projects across the country.

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