Developers Cheat Property Broker, Real Estate News, ET RealEstate

July 7, 2023

SURAT: City’s Puna police filed a cheating complaint of Rs. 1.35 crore against developers after they failed to return money taken from a property dealer.

Rajkumar Bhatiya, resident of Vesu and a property dealer booked four shops in Raj Textile Tower in Magob in 2015. He booked the shops by paying Rs 40 lakh booking amount to the developers Somprakash Nahta and Mukesh Nahta. Complainant also lent the money as the Nahtas were in need of money for the project. As they failed to pay the money back, Bhatiya filed a complaint with the Puna police on July 5, 2023.

According to case details, Bhatiya works as a property dealer in Surat. When he came to know about Raj Textile Tower project in Magob, he booked four shops A-3019, B-1002, B-1003 and B-2007 for investment purpose. He paid Rs 40 lakh as booking amount for the four shops.

After that, Mukesh asked Bhatiya for cash for his project and lured him of good profit. Bhatiya gave him Rs 50.74 lakh on July 7, 2016 and got a promissory note that he had lent Mukesh money and again gave him Rs 83.34 lakh on May 23, 2018 against another promissory note for the additional amount.

Towards the end of 2018, the developers started constructing towers at the site. Bhatiya was shocked to see that as against two towers, the Nahtas were building three towers which resulted in devaluation of the property. As developers changed the plan, Bhatiya asked to return him the booking amount and cancel his property booking.

When both Mukesh and Somprakash refused to pay his total amount of Rs 1.74 crore back, Bhatiya filed a plea with the Puna police following which the father-son duo got a compromise done and offered to pay Rs 1.35 crore in a new written document. However, they failed to pay Rs 1.35 crore and Bhatiya filed a cheating case against them.

  • Published On Jul 7, 2023 at 03:00 PM IST

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