Archive · 17 Aug 2025
Man Swindled ₹1.47 Crore in Decade-Old Flat Scam
A man in Navi Mumbai was tricked into paying ₹1.47 crore for six flats.
The company promised him the flats but never gave them, and didn't return the money.
The police are now involved, and the man has filed a complaint against the company.
A Navi Mumbai man was allegedly cheated of ₹1.47 crore by a real estate company.
The fraud involved the promise of six flats, with payments made between 2011 and 2016.
The victim, a 57-year-old transport firm owner, was never given the flats.
No formal Agreement for Sale was executed, and the money was not returned.
A case has been registered against the company director and two associates.
- Who
- A real estate company director and two associates.
- What
- A man was cheated of ₹1.47 crore in a real estate scam.
- When
- Between June 2011 and January 2016.
- Where
- Navi Mumbai
- Why
- To deceive the man into paying for flats that were never provided.
Victim
Real Estate Company
Breach of Contract
Victim
Victim was defrauded of his money and did not receive the promised flats.
Real Estate Company
The real estate company allegedly did not fulfill its obligations.
- Victim
- 57-year-old transport firm owner
- Loss
- ₹1.47 crore
- Promises
- Six flats
- Location
- Navi Mumbai
- Charges
- Cheating
