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Mumbai Court Charges Builder, Wife Over ₹24-Crore Oshiwara Project

Mumbai Court Charges Builder, Wife Over ₹24-Crore Oshiwara Project
Mumbai: Special MPID Court Frames Charges Against Builder Vijay Machhindar, Wife Over ₹24-Crore Oshiwara Project · freepressjournal.in

A court in Mumbai has formally charged a builder, his wife and their company over a housing project.

Buyers reportedly paid ₹24 crore for flats in Grove Tower.

They were told they would get the flats by the end of 2017–18.

The flats were allegedly not handed over.

The court also says forged papers were allegedly used to obtain a loan.

The charges include cheating, breaking trust and forgery.

The couple also face charges under state laws about housing and protecting depositors.

These are charges, not a finding that the accused are guilty.

Key facts

Court action
A special MPID court framed charges against three accused.
Accused
Vijay Machhindar, Komal Machhindar and Ornate Spaces Pvt. Ltd.
Project
Grove Tower in Oshiwara.
Amount paid
The court said the couple received ₹24 crore from flat purchasers in 2012.
Promised possession
By the end of 2017–18.
Alleged offences
Cheating, criminal breach of trust and forgery, among other charges.
Additional laws
The Maharashtra Ownership Flats Act and the Maharashtra Protection of Interest of Depositors Act.

Sources

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