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Two builders booked for cheating buyer of Rs 57 lakh

The Sinhagad Road police have booked two realtors on the charge of duping a 66-year-old customer of Rs57 lakh after luring him into investing in two flats and a shop in a Vadgaon Budruk project in January 2021.

Assistant inspector Rahul Yadav on Friday said the complainant from Dhankawadi told police he booked two flats and a shop and paid Rs57 lakh to the realtors, who showed him the occupancy rights certificate of the PMRDA to claim the building constructed by them in Narhe was legal.

Yadav said the complainant, who had retired from a private firm, had invested his hard-earned money in the properties and paid the money via online transactions and cheque to the realtors. In respect to the shop, the realtors signed a sale deed agreement and notarised documents of the flats in the complainant’s name.

The police officer said the complainant later came to know the realtors sold one of the two flats booked by him to a third party despite taking advance money from him. He also found out that the PMRDA had not issued an occupancy certificate for the building.

The victim had initially filed a complaint application in April and after verification of the same, a complaint relating to cheating and forgery was registered after the PMRDA wrote to the police that it had not issued an occupancy certificate to the builder.

The realtors told the police that they had not handed over possession of the properties because of a pending court case. The realtors have been asked to submit copies of the documents and case papers to conduct investigations, he added.

Earlier this year, in July, two directors of a realty firm in the city were being investigated for a Rs90.4 crore loan fraud. The two had taken a loan from a New Delhi-based finance firm by mortgaging 28 flats and six shops in August 2017 without the knowledge of the owners.

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