NRI duped of Rs 30.6 million by Hyderabad real estate company
Real Estate

NRI duped of Rs 30.6 million by Hyderabad real estate company

A Non-Resident Indian (NRI) from Nigeria lost Rs 30.6 million after being lured by a real estate firm that promised to provide him land in Kondapur, where a popular Tollywood hero served as the brand ambassador. After collecting the payment, the accused promised to register the property but ultimately deceived the businessman by making him wait at the sub-registrar's office without showing up.

The victim approached the Cyberabad police and filed a criminal case against the proprietor of the real estate company. The complainant had been in search of land with potential for appreciation during his visit to India in 2021. After encountering social media advertisements featuring the hero, he contacted company representatives who presented various projects in Ranga Reddy district and nearby areas.

He decided to purchase 2,100 square yards in Kokapet and paid Rs 30.6 million, with an agreement that the registration would occur within a year. Later, the complainant discovered that the plots sold to him were already registered in other customers' names. When he confronted the proprietor, the latter assured him that he would persuade the two customers to cancel their sale deeds, thus facilitating the registration of the promised plot. He also guaranteed that the registration would be completed at the sub-registrar's office after settling the outstanding dues.

The victim paid the pending amounts and was shown the sale deeds intended for registration in his name. He was instructed to visit the SRO's office to finalize the remaining formalities. As agreed, he went to the SRO, hoping for the registration to be completed, but the proprietor did not appear. The Cyberabad police reported that when the victim made repeated attempts to contact the accused, he evaded all meetings. Consequently, the police registered a criminal case against him on charges of conspiracy, cheating, and breach of trust.

A Non-Resident Indian (NRI) from Nigeria lost Rs 30.6 million after being lured by a real estate firm that promised to provide him land in Kondapur, where a popular Tollywood hero served as the brand ambassador. After collecting the payment, the accused promised to register the property but ultimately deceived the businessman by making him wait at the sub-registrar's office without showing up. The victim approached the Cyberabad police and filed a criminal case against the proprietor of the real estate company. The complainant had been in search of land with potential for appreciation during his visit to India in 2021. After encountering social media advertisements featuring the hero, he contacted company representatives who presented various projects in Ranga Reddy district and nearby areas. He decided to purchase 2,100 square yards in Kokapet and paid Rs 30.6 million, with an agreement that the registration would occur within a year. Later, the complainant discovered that the plots sold to him were already registered in other customers' names. When he confronted the proprietor, the latter assured him that he would persuade the two customers to cancel their sale deeds, thus facilitating the registration of the promised plot. He also guaranteed that the registration would be completed at the sub-registrar's office after settling the outstanding dues. The victim paid the pending amounts and was shown the sale deeds intended for registration in his name. He was instructed to visit the SRO's office to finalize the remaining formalities. As agreed, he went to the SRO, hoping for the registration to be completed, but the proprietor did not appear. The Cyberabad police reported that when the victim made repeated attempts to contact the accused, he evaded all meetings. Consequently, the police registered a criminal case against him on charges of conspiracy, cheating, and breach of trust.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?