Nagpur Police Investigates Rs 3.5 Crore Fraud
ECONOMY & POLICY

Nagpur Police Investigates Rs 3.5 Crore Fraud

Nagpur Police have initiated a thorough investigation into a significant fraud case involving three individuals allegedly deceiving property buyers to the tune of Rs 3.5 crore. The scam, unfolding within the real estate sector, has prompted authorities to take swift action in safeguarding the interests of affected investors. With the rising incidence of fraudulent practices, particularly in property transactions, such measures are crucial to maintaining trust and integrity within the market.

The case revolves around a complex web of deceit, with perpetrators exploiting unsuspecting buyers through false promises and misrepresented information. As authorities delve deeper into the matter, they aim to uncover the extent of the fraud and bring the perpetrators to justice. This incident serves as a stark reminder of the risks associated with real estate transactions and underscores the importance of due diligence and regulatory oversight.

Nagpur Police have initiated a thorough investigation into a significant fraud case involving three individuals allegedly deceiving property buyers to the tune of Rs 3.5 crore. The scam, unfolding within the real estate sector, has prompted authorities to take swift action in safeguarding the interests of affected investors. With the rising incidence of fraudulent practices, particularly in property transactions, such measures are crucial to maintaining trust and integrity within the market. The case revolves around a complex web of deceit, with perpetrators exploiting unsuspecting buyers through false promises and misrepresented information. As authorities delve deeper into the matter, they aim to uncover the extent of the fraud and bring the perpetrators to justice. This incident serves as a stark reminder of the risks associated with real estate transactions and underscores the importance of due diligence and regulatory oversight.

Next Story
Real Estate

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Next Story
Real Estate

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Next Story
Infrastructure Energy

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App