The Real Estate Mafia: Uncovering the Dark Side of Hyderabad's CSK

Chimanlal Suresh Kumar, a textile trader turned real estate mogul, is under investigation for encroaching and selling lake land at Shastripuram, cheating hundreds of buyers out of crores.

Real EstateMafiaHyderabadCskChimanlal Suresh KumarReal EstateAug 15, 2024

The Real Estate Mafia: Uncovering the Dark Side of Hyderabad's CSK
Real Estate:HYDERABAD In the Old City, CSK is not just a popular Indian Premier League franchise, but a name that sends shivers down the spines of many. Chimanlal Suresh Kumar, a textile trader in his late 50s, is allegedly part of a real estate mafia that has been accused of encroaching on the land of the Nizam era's Rukn-Ud-Dowla lake at Shastripuram.

According to sources, Suresh Kumar had purchased the lake land from Mohammed Khader and started a real estate venture on over 11 acres in a partnership with the King's Group. Before starting the venture, he got his men to fill up the lake over a period of eight years, according to one Anwar Kamal.

Suresh Kumar allegedly made over `400 crore by cheating hundreds of buyers.

Frequently Asked Questions

Who is Chimanlal Suresh Kumar?

Chimanlal Suresh Kumar is a textile trader turned real estate mogul who is under investigation for encroaching and selling lake land at Shastripuram.

What is the alleged scam involving CSK?

CSK is alleged to have encroached on the land of the Nizam era's Rukn-Ud-Dowla lake at Shastripuram and sold it to hundreds of buyers, cheating them out of crores.

How much money did CSK allegedly make from the scam?

CSK allegedly made over `400 crore from the scam.

Who lodged a complaint against CSK with HYDRAA commissioner A.V. Ranganath?

Dr Lubna Sarwath, an activist-politician, lodged a complaint against CSK with HYDRAA commissioner A.V. Ranganath.

How many cases are CSK named in?

CSK is named in seven cases involving cheating, forgery, and threatening cases.

Related News Articles

Luxury Housing Market Booms in India, Affordable Segment Struggles to Keep Pace
Real Estate Pune

Luxury Housing Market Booms in India, Affordable Segment Struggles to Keep Pace

India's real estate market is witnessing a significant shift, with luxury homes taking the lead in the latest sales figures. Mumbai, Bengaluru, and Pune are leading the charge, while luxury homes dominate the market.

October 3, 2024
Read Article
Amitabh Bachchan and Son Abhishek Acquire High-End Properties in Mumbai’s Mulund West for Rs 25 Crore
Real Estate Mumbai

Amitabh Bachchan and Son Abhishek Acquire High-End Properties in Mumbai’s Mulund West for Rs 25 Crore

Bollywood icons Amitabh Bachchan and his son, Abhishek Bachchan, have made a significant real estate investment by purchasing properties worth nearly Rs 25 crore in the prime locality of Mulund West, Mumbai. The properties are part of Oberoi Realty's prem

October 24, 2024
Read Article
Maharashtra Elections 2024: Nawab Malik Files Nomination from Mankhurd-Shivaji Nagar
Real Estate Maharashtra

Maharashtra Elections 2024: Nawab Malik Files Nomination from Mankhurd-Shivaji Nagar

Today marks the final day for candidates to submit their nominations for the Maharashtra state elections. Notable political figure Nawab Malik is set to file his nomination from the Mankhurd-Shivaji Nagar constituency.

October 29, 2024
Read Article
The Impact of Real Estate on Socio-economic Development
Real Estate Maharashtra

The Impact of Real Estate on Socio-economic Development

Sh. Kuldip Narayan, IAS, Joint Secretary & Mission Director (Housing for All), Ministry of Housing & Urban Affairs, highlights the significant role of the real estate sector in fostering socio-economic development.

November 29, 2024
Read Article
Pune Civic Body Takes Strict Action Against Polluting Construction Sites
Real Estate Pune

Pune Civic Body Takes Strict Action Against Polluting Construction Sites

In an effort to combat air and noise pollution, the Pune Municipal Corporation (PMC) has implemented stringent measures to regulate and penalize construction sites that violate environmental norms.

December 10, 2024
Read Article
Budget 2025: Key Highlights on Tax Reforms and Focus on Real Estate, Railways
Real Estate

Budget 2025: Key Highlights on Tax Reforms and Focus on Real Estate, Railways

In Budget 2025, the government is expected to prioritize fiscal prudence and economic growth, with a particular emphasis on tax reforms and the real estate and railway sectors, according to Manish Chowdhury of StoxBox.

January 28, 2025
Read Article