3 weeks ago

Hyderabad Realtor Subhash Reddy Booked for Plot Fraud

Hyderabad Realtor Subhash Reddy Booked for Plot Fraud
Realtor Subhash Reddy booked for fraud · thehansindia.com

A man in India who sells land is in trouble with the police.

His name is Subhash Reddy, and he lives in a city called Hyderabad.

Many people bought pieces of land, called plots, from him.

In 2019, the government said it needed that land to build a very big water canal.

The canal is called the Kaleshwaram canal.

Even though he knew the land would be taken away, he kept selling plots in 2020.

Buyers also say he took government money that was meant to pay for the land.

When buyers asked him about it, he promised to give them different plots in the same area.

But he kept delaying and never kept his promise.

So the buyers complained to the police, who are now looking into what happened.

Key facts

Accused
Subhash Reddy, realtor from Chintal, Hyderabad
Complainant(s)
Multiple plot buyers
Venture
SR Venture, Gudemgadda Thanda
Government notification
2019 - land acquisition for Kaleshwaram canal
Alleged misconduct
Selling plots through 2020 despite acquisition notice; illegally receiving compensation; failing to provide promised alternative plots
Complaint date
August 6
Police station
Medchal police
Status
Case registered, investigation commenced

Sources

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