1 day ago
Thane Police Uncover ₹13.57 Crore Forged Property Sale Fraud
Police in Thane are investigating an alleged property scam.
They say several people used fake builder agreements to sell homes and commercial units.
The units included 25 flats and seven shops.
The alleged scam involved ₹13.57 crore.
The developer and several people hoping to buy the units were affected.
Police have registered a cheating case and say the investigation is continuing.
Thane police registered a cheating case against multiple people over an alleged property fraud.
The accused allegedly used forged builder agreements to sell 25 flats and seven commercial units.
The alleged fraud amounted to ₹13.57 crore.
The sales and advance payments reportedly took place between February 2024 and September 2026.
Premium Builders and Developers complained to police; investigators are working to track down the accused.
- Who
- Multiple accused, Premium Builders and Developers, and prospective buyers.
- What
- Police registered a cheating case over the alleged forged sale of 25 flats and seven commercial units.
- Where
- A residential project in Thane district, Maharashtra.
- When
- The alleged deals occurred between February 2024 and September 2026.
- Why
- The accused allegedly used forged builder agreements to sell units and collect advance payments.
Key facts
- Alleged amount
- ₹13.57 crore
- Flats involved
- 25
- Commercial units involved
- 7
- Alleged period
- February 2024 to September 2026
- Complainant
- Premium Builders and Developers
- Police station
- Mumbra police
- Legal provision cited
- Bharatiya Nyaya Sanhita (BNS)
- Investigation status
- Ongoing; police are seeking to track down the accused.
Sources
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