Hadapsar police in Pune have arrested two real estate agents for abducting and beating another estate agent to recover a debt of Rs 35,000. The victim, aged 28, was released after being held and assaulted at an isolated spot in Manjari village.
Real EstateDebt RecoveryPuneRealtorsManjari VillageReal Estate PuneJul 06, 2025
Two real estate agents abducted and beat another estate agent in Manjari village to recover a debt of Rs 35,000. The incident took place on the intervening night of Friday and Saturday.
The victim was a 28-year-old real estate agent from Alandi Devachi near Hadapsar. The two accused are 35 and 36 years old, both residents of Manjari. They were known to the victim from their real estate business in the Hadapsar area.
The victim had borrowed Rs 35,000 from the accused a few months ago due to financial difficulties. He failed to repay the debt, which led to the abduction and beating to recover the money.
The victim sustained injuries to his back, face, and head after being kicked and punched by the two real estate agents.
Two real estate agents have been arrested, and the police are searching for their two accomplices. The victim has been provided medical attention, and the case is being closely monitored by the local authorities.
India's thriving real estate market has taken the lead, boasting 36 homegrown companies valued at $1 billion or more, surpassing China's 30 companies.
Multiplex operator PVR INOX to close 70 non-performing screens, aims for profitable growth through strategic focus on South India and monetisation of non-core real estate assets.
The silica sand market is expected to reach USD 8.5 billion by 2033, driven by increasing demand from the automotive and real estate sectors.
VTP Realty's highly anticipated allotment event for its two new WOW projects in Hinjawadi Phase 1 drew a massive crowd and set new standards for real estate launches in Pune. The event, spanning from 10 a.m. to midnight, left attendees in awe with its gra
The Maharashtra election results are expected to have a significant impact on the stock markets, especially given the potential for increased political stability and harmony between the state and the central government.
The Union Budget 2025-26 has brought a ray of hope for the real estate sector with the announcement of significant tax relief measures. The new provisions are expected to boost the industry and attract more investments.