Now Reading: Film writer alleges Rs 2.20 crore property fraud in Mumbai deals
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Film writer alleges Rs 2.20 crore property fraud in Mumbai deals
Mumbai film writer Mallika Gharde has alleged that she and her late husband were cheated of Rs 2.20 crore by a woman named Geeta Yadav in deals for a Juhu flat, a…
Mumbai film writer Mallika Gharde has alleged that she and her late husband were cheated of Rs 2.20 crore by a woman named Geeta Yadav in deals for a Juhu flat, a Lonavala farmhouse and a car. The Kurar police registered an FIR against Yadav on August 22.
According to the complaint, in 2023 the couple sought to buy a flat in Juhu. Yadav, who claimed to work with a real estate company, offered a three-BHK flat in Vandana Cooperative Society for Rs 2 crore, saying she could bypass the auction process. Between April and September 2023, Datta Gharde transferred Rs 2.8 lakh to accounts Yadav provided. Yadav then allegedly lured them with offers of a car and a farmhouse in Lonavala, for which they paid another Rs 12.26 lakh. She neither delivered the properties nor returned the money.
Datta Gharde died of liver disease in July 2024. Gharde later discovered that cheating cases had previously been registered against Yadav at Samta Nagar and Dahisar police stations. The investigation revealed Yadav operated under the name 'Shree Radhaswami Finance and Real Estate Auction Management'.
Indian Opinion Analysis
The case fits a pattern of property frauds where victims are lured by promises of bank-auctioned or court-monitored assets at below-market prices. In Mumbai, properties attached by banks or courts are sold through a formal e-auction process under the SARFAESI Act or court orders, not through private deals. Bypassing that process is not possible. Mallika Gharde's husband died before the fraud was fully uncovered, adding a layer of hardship. The police will now investigate whether Yadav used the same modus operandi on other victims, the FIR cites prior cases at two other stations. The outcome hinges on whether the funds can be traced through bank transfers, which she did use via cheques and RTGS, giving investigators a paper trail. The next development to watch is whether chargesheet is filed within the statutory 90-day period from the August 22 FIR or the accused seeks anticipatory bail.
Source: freepressjournal.in
This story was synthesised by AI from the source linked above.
