Mumbai Builder Forged Documents for Flats

13 Aug 2024 CW Team

A Mumbai-based builder has been found guilty of forging documents to claim ownership of 71 flats in a residential project. This fraudulent activity has sparked legal and regulatory scrutiny.

Key Details:

Fraudulent Documents: The builder is accused of forging documents to falsely claim ownership of 71 flats in a real estate project, misleading stakeholders and regulatory bodies.

Legal Consequences: The revelation of this fraudulent activity has led to legal actions against the builder, with potential consequences including fines, penalties, and legal disputes.

Regulatory Scrutiny: The case has drawn the attention of regulatory authorities, prompting investigations into the builder's practices and the validity of other projects under their management.

Impact on Homebuyers: Homebuyers affected by the fraudulent claims face uncertainty and potential legal battles to secure their rightful ownership of the flats.

Future Actions: The situation highlights the need for enhanced vigilance and transparency in the real estate sector, with calls for stricter regulatory measures to prevent such fraudulent activities.

Overall, the exposure of the builder's fraudulent activities underscores the importance of integrity and transparency in real estate transactions, aiming to protect the interests of homebuyers and maintain industry standards.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..