According to police sources, the 60-year-old man, who works for a prominent real estate company in Mumbai, was in touch with the accused woman for several months. The woman and her accomplices used threats and blackmail to extort a total of Rs 36.89 lakh
ExtortionBlackmailMumbaiReal EstatePoliceReal Estate MumbaiDec 15, 2024
The victim was a 60-year-old real estate executive from Mumbai, who works for a prominent real estate company.
The victim was extorted Rs 36.89 lakh by the accused.
The victim, unable to bear the pressure any longer, approached the police and provided detailed information about the accused and their methods of extortion.
The accused were a 35-year-old woman, a 40-year-old man, and a 32-year-old man. They were booked under various sections of the Indian Penal Code, including extortion, criminal intimidation, and criminal conspiracy.
The police have advised the public to be cautious and to report any suspicious activities immediately. They are also working on strengthening their strategies to prevent such crimes in the future.
Discover how TCG's latest venture, sirrus.ai, is transforming the real estate sector with cutting-edge AI technology.
The construction equipment industry in India requires a large number of skilled operators to meet the growing demand for infrastructure development.
ICICI Securities has projected that the share price of Lemon Tree Hotels could reach Rs 164, driven by a focus on premiumization and the stabilizing performance of new properties such as Aurika Mumbai.
Real estate developer Sobha Ltd's sale bookings saw a 29% decline to Rs 1,388.6 crore in Q3 FY25, primarily due to reduced new supply. Despite this, the company reported a sequential increase of 18% from the previous quarter.
In 2024, the Mumbai Metropolitan Region (MMR) recorded 30 land deals, accounting for 607 acres out of a total of 133 land deals across India.
Loberg Ector LLP, a prominent real estate legal firm, has secured a significant judgment against a notorious real estate brokerage involved in a Ponzi scheme. The firm's relentless pursuit of justice has brought much-needed relief to numerous investors an