NRI duped of Rs 30.6 million by Hyderabad real estate company

04 Oct 2024 CW Team

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.

Infrastructure Urban

03 Apr 2026

Centre Disburses Over Rs 24,610 mn in XV Finance Commission Grants

The Union Government has released XV Finance Commission tied grants during the financial year 2025–26 to rural local bodies in Chhattisgarh, Gujarat, Madhya Pradesh, Punjab and Sikkim and has released withheld portions of tied and untied grants to Himachal Pradesh, Odisha and Tripura. The total disbursal exceeded Rs 24,610 mn, with figures expressed in million (mn) thereafter. The releases cover allocations pertaining to different financial years and aim to strengthen rural local governance. State-wise disbursements included Rs 3,324.6 mn for Punjab, Rs 9,432.7 mn for Madhya Pradesh, Rs 3,47..

Centre Releases Over Rs 15 bn as XV FC Grants to Rural Bodies

The Union Government has released over Rs 15 bn in grants recommended by the Fifteenth Finance Commission (XV FC) to strengthen Panchayati Raj Institutions (PRIs) and Rural Local Bodies (RLBs) in six states. The funds comprise tied and untied grants disbursed in FY 2025–26. Telangana received Rs 2.48 bn as the first instalment of untied grants for FY 2025–26, benefitting 12600 Gram Panchayats (GPs). Uttarakhand received Rs 913.1 mn as the second instalment and an additional Rs 18.4 mn of a withheld first instalment was released to a further 216 GPs. Mizoram is included among beneficiary st..

Government Assures Fuel Supplies And Seafarer Safety Amid West Asia Developments

The Government of India has stepped up coordinated measures to maintain stability in critical sectors as developments in West Asia continue to unfold. It has prioritised uninterrupted energy supplies, safeguarded maritime operations and extended consular assistance to nationals. Central authorities are working with State and Union territory administrations to ensure timely information dissemination and operational continuity. Refineries are reported to be operating at high capacity with adequate inventories of petrol and diesel, and domestic LPG production has been increased to support consump..