Friday, March 20, 2015

Duo cons Mhada home buyers of `3cr, arrested


Mateen Hafeez I  TNN




Mumbai: Two businessmen have been arrested for allegedly cheating several people of at least Rs 3 crore by promising them flats at discounted rates under the chief minister’s quota for minorities. The accused- —Goregaon resident Shashikant Patil (45) and Malad resident Madhukar Acharya (52)—had approached the buyers, most of them Parsis, by promising them flats in Mhada (the state housing body) buildings in Bandra.
A police complaint was lodged at Azad Maidan police station by Gowalia Tank resident Nevill Mistry who was among those who had paid up. The case has been transferred to the economic offences wings of the city police.

A police officer said that Patil and Acharya had approached Mistry, claiming that they knew key people in Mhada and could help him get a flat measuring at least 1,000 sq ft under the minority quota at a cheap rate. The houses were promised in ‘Stisha’, a building on Mount Mary Road in Bandra.
The location was later changed to Borivli. “They had taken the amount in cash but had not issued any receipt. Instead, they showed Mistry and the other prospective buyers allotment letters which were fake,” said the officer. “They convinced them that once the money would be handed over to the housing officials concerned, the flats would be issued in their name.”

 The police have sought information from Mhada, whether it has any flats in the building in Bandra where the flats had been originally promised.

Assistant police inspector Vikrant Shirsat said the number of people who have been cheated could go up. “The amount taken from various buyers could go up to Rs 7 crore,” he said. The police have seized the fake allotment letters from the accused who have been sent to custody till March 25.


The Times of India, March 20, 2015

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