The Delhi Police have lodged a First Information Report (FIR) concerning alleged forgery, cheating, and conspiracy involving a businessman related to the supposed fraudulent sale of a prime property in South Extension, estimated to be worth between Rs 150-200 crore, as stated by an official on Tuesday.
As per the FIR filed on January 22, the complainant, Dhruv Jalan, a businessman residing in Gurugram, asserted that the contested property — a plot exceeding 2,292 square yards in South Extension Part-I — was initially allocated to Jalan’s grandfather, Amar Chand Jalan, in 1958. Jalan contended that he became the sole and rightful owner of the property through a will executed in his favor in 1997, along with a subsequent relinquishment deed signed by the other legal heirs in 2008.
The complainant alleged that despite his undisputed ownership and continuous possession of the property since 2008, the accused executed a forged sale deed dated January 30, 2025, which purported to transfer the entire property for a consideration of Rs 41 crore — an amount he described as significantly undervalued,” a senior police officer remarked.
Jalan asserted that the sale deed was based on allegedly falsified documents, including an agreement to sell and a general power of attorney dated December 7, 2018, which was purportedly executed by his father and a family-owned company. He claimed that neither document was ever executed and that the sale deed was forged as part of a criminal conspiracy.
The complaint further alleged that the sale deed was unlawfully registered at the Mehrauli sub-registrar office, despite the property being outside its territorial jurisdiction, the officer added. Jalan also alleged that the accused are habitual offenders engaged in similar property frauds and that the disputed sale deed could potentially be utilized to secure substantial bank loans by mortgaging the property.
