Rs 2 Crore Cash and 28 Tolas of Gold Stolen from Hyderabad Realtor's Home in Brazen Burglary

Unidentified burglars break into Hyderabad realtor's home, steal Rs 2 crore cash and 28 tolas of gold. Police investigation underway.

Real EstateBurglaryHyderabadCrimePolice InvestigationReal Estate NewsSep 23, 2024

Rs 2 Crore Cash and 28 Tolas of Gold Stolen from Hyderabad Realtor's Home in Brazen Burglary
Real Estate News:In a shocking incident, unidentified burglars broke into the house of a real estate businessman in Pocharam, Hyderabad, on Sunday, making off with a whopping Rs 2 crore in cash and 28 tolas of gold.

The incident occurred when the house owner stepped out to buy milk, leaving his house unattended. When he returned home, he was shocked to find the lock of the door open and the almirah broken. The cash and gold were missing, leaving the businessman stunned.

The homeowner immediately alerted the police, who arrived at the scene and began an investigation. According to the police, the businessman had recently decided to buy agricultural land in Shankarpally and had entered into an agreement with a landowner. To make the advance payment for the land deal, he kept Rs 2 crore in cash at his residence.

The police suspect that someone who knew about the transaction might have committed the crime. The police have collected fingerprints from the crime scene and are checking nearby CCTVs. However, the homeowner is yet to file a formal complaint with the police.

The incident has sent shockwaves in the area, with many residents expressing concern over the rising crime rate. The police have assured that they will do everything in their power to catch the culprits and recover the stolen money and gold.

Information
The real estate market in Hyderabad has been booming in recent years, with many builders and developers investing heavily in the city. However, the incident highlights the need for greater security measures to be taken by residents, especially those dealing with large sums of cash.
The Hyderabad Police Department is responsible for maintaining law and order in the city. The department has a dedicated team of officers who work tirelessly to prevent and investigate crimes.

Frequently Asked Questions

What was stolen from the realtor's home?

Rs 2 crore in cash and 28 tolas of gold were stolen from the realtor's home.

Where did the incident take place?

The incident took place in Pocharam, Hyderabad.

Why did the businessman keep Rs 2 crore in cash at his residence?

The businessman kept Rs 2 crore in cash at his residence to make the advance payment for a land deal.

What is the police doing to investigate the crime?

The police have collected fingerprints from the crime scene and are checking nearby CCTVs.

Has the homeowner filed a formal complaint with the police?

No, the homeowner is yet to file a formal complaint with the police.

Related News Articles

Ashutosh Gowariker Invites PM Modi for Son Konark's Lavish Mumbai Wedding
Real Estate Mumbai

Ashutosh Gowariker Invites PM Modi for Son Konark's Lavish Mumbai Wedding

Konark Gowariker, son of acclaimed director Ashutosh Gowariker, is set to tie the knot with Niyati Kanakia in a grand ceremony in Mumbai. Ashutosh has extended a special invitation to Prime Minister Narendra Modi, adding a touch of national interest to th

February 28, 2025
Read Article
IREP Acquires Significant Stake in iA SPERRY Networks to Boost Commercial Real Estate Growth
Real Estate

IREP Acquires Significant Stake in iA SPERRY Networks to Boost Commercial Real Estate Growth

Dubai [UAE], March 13: International Real Estate Partners (IREP), a global leader in integrated facilities management, has acquired a significant equity stake in iA SPERRY Networks to enhance its commercial real estate services and expand its presence in

March 13, 2025
Read Article
UP Surges in New Company Registrations, Ranks Second After Maharashtra
Real Estate Maharashtra

UP Surges in New Company Registrations, Ranks Second After Maharashtra

Uttar Pradesh has emerged as a leading state for new company registrations, trailing only Maharashtra. The state's proximity to Noida, a major industrial hub, and relatively lower real estate costs have made it an attractive destination for investors.

March 14, 2025
Read Article
Maharashtra Mandates Precast Construction in Mumbai to Combat Pollution
Real Estate Mumbai

Maharashtra Mandates Precast Construction in Mumbai to Combat Pollution

The Maharashtra government is formulating a policy to mandate precast construction for real estate projects in Mumbai. This initiative aims to reduce pollution and improve the efficiency of construction processes in the city.

March 18, 2025
Read Article
ORERA 2.0 Unveiled: Enhancing Transparency in Odisha's Real Estate Sector
Real Estate

ORERA 2.0 Unveiled: Enhancing Transparency in Odisha's Real Estate Sector

Bhubaneswar: A significant interactive session was recently held in Bhubaneswar, bringing together members of the RERA Bar to introduce the advanced version of the Odisha Real Estate Regulatory Authority (ORERA) 2.0. This upgrade aims to boost transparency and accountability in the state's real estate sector.

April 20, 2025
Read Article
Mayfair Housing Sets New Record with Largest Single-Day Home Handover in India
Real Estate Mumbai

Mayfair Housing Sets New Record with Largest Single-Day Home Handover in India

Mayfair Housing, a prominent real estate developer in Mumbai, has made history by handing over a record number of homes in a single day. This achievement highlights the company's commitment to timely project completion and customer satisfaction.

April 22, 2025
Read Article