Nashik Builder Dupes Landowner, Case with EoW
02 Nov 2023
2 Min Read
CW Team
In a shocking incident, a Nashik-based builder has been accused of cheating a landowner in a property deal. The case has now been registered with the Economic Offences Wing (EoW) for further investigation.
According to the complainant, the builder approached them for purchasing their land for a residential project. After initial negotiations, an agreement was reached, and a substantial amount was paid as an advance payment by the builder.
However, as the deal progressed, it became evident that the builder had no intention of completing the transaction honestly. It was discovered that the builder had altered crucial details in the agreement, including the plot size and the agreed-upon selling price.
Realizing the builder's deceit, the landowner immediately lodged a complaint with the local police, who subsequently transferred the case to the EoW, known for handling economic offenses and cheating cases.
The EoW has begun its investigation into the matter, verifying the claims made by the landowner and gathering evidence against the builder. Statements from both parties involved in the deal, as well as other relevant documents, are being reviewed to establish the extent of the fraud.
Cases involving land scams or real estate fraud are not uncommon in India. Buyers and landowners are often targeted by unscrupulous builders who take advantage of loopholes in the system and manipulate property agreements for their personal gain.
The authorities and regulatory bodies are committed to cracking down on such fraudulent activities, ensuring justice for the victims. The EoW is actively working to bring the accused builder to justice and recover the losses incurred by the landowner.
This incident highlights the importance of due diligence and legal verification when engaging in property transactions. It serves as a reminder for both buyers and sellers to exercise caution and consult legal experts before finalizing any deals.
The EoW's investigation in this case will hopefully bring some relief to the aggrieved landowner and serve as a stern warning to others involved in similar activities.
In conclusion, the fraudulent actions of a Nashik builder have come to light as a landowner filed a complaint against him for cheating in a property deal. The case has been transferred to the EoW, who are diligently investigating the matter to ensure justice is served. This incident emphasizes the need for caution and legal verification in property transactions.
In a shocking incident, a Nashik-based builder has been accused of cheating a landowner in a property deal. The case has now been registered with the Economic Offences Wing (EoW) for further investigation.
According to the complainant, the builder approached them for purchasing their land for a residential project. After initial negotiations, an agreement was reached, and a substantial amount was paid as an advance payment by the builder.
However, as the deal progressed, it became evident that the builder had no intention of completing the transaction honestly. It was discovered that the builder had altered crucial details in the agreement, including the plot size and the agreed-upon selling price.
Realizing the builder's deceit, the landowner immediately lodged a complaint with the local police, who subsequently transferred the case to the EoW, known for handling economic offenses and cheating cases.
The EoW has begun its investigation into the matter, verifying the claims made by the landowner and gathering evidence against the builder. Statements from both parties involved in the deal, as well as other relevant documents, are being reviewed to establish the extent of the fraud.
Cases involving land scams or real estate fraud are not uncommon in India. Buyers and landowners are often targeted by unscrupulous builders who take advantage of loopholes in the system and manipulate property agreements for their personal gain.
The authorities and regulatory bodies are committed to cracking down on such fraudulent activities, ensuring justice for the victims. The EoW is actively working to bring the accused builder to justice and recover the losses incurred by the landowner.
This incident highlights the importance of due diligence and legal verification when engaging in property transactions. It serves as a reminder for both buyers and sellers to exercise caution and consult legal experts before finalizing any deals.
The EoW's investigation in this case will hopefully bring some relief to the aggrieved landowner and serve as a stern warning to others involved in similar activities.
In conclusion, the fraudulent actions of a Nashik builder have come to light as a landowner filed a complaint against him for cheating in a property deal. The case has been transferred to the EoW, who are diligently investigating the matter to ensure justice is served. This incident emphasizes the need for caution and legal verification in property transactions.
Next Story
CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business
The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..
Next Story
CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality
The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi鈥檚 daily average Air Quality Index (AQI) clocked 213 (鈥楶oor鈥� category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording 鈥楶oor鈥� air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..
Next Story
DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity
In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of 鈥淔inancial Fraud Risk Indicator (FRI)鈥� with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the 鈥淔inancial ..