National

DELHI POLICE EOW NABS ACCUSED FROM KOCHI AIRPORT WHILE TRYING TO FLEE TO MALDIVES

November 30, 2020 07:28 PM

ACCUSED, A MEMBER OF THE REVANTA GROUP, IS INVOLVED IN CHEATING OF INNOCENTHOME BUYERS IN THE NAME OF LAND POOLING POLICY OF DDA. · MORE THAN 400 CRORES OF RUPEES COLLECTED FROM INNOCENT HOME BUYERS IN THE NAME OFLAND COST.,ACCUSED,IN CONSPIRACY WITH OTHERS, FORMED A COMPANY NAMED “SHREE SIDDHI VINAYAK REALTORS AND SECURITIES “, PURCHASED LAND FROM FARMERS AND THEREFATER SOLD ITTO REVANTA SOCEITY AT THE RATES - TWO TO THREE TIMES MORE THAN THE PURCHASE. ABOUT 120 CRORES OF RUPEES WERE TRANSFERRED FROM THE ACCOUNTS OF REVANTA SOCEITY INTOTHE ACCOUNT OF “SHREE SIDDHI VINAYAK REALTORS AND SECURITIES” AGAINST WHICHONLY 11.77 ACRES OF LAND WAS TRANSFERRED TO THE SOCEITY AND THE REMAINING AMOUNT WAS MISAPPROPRIATED AND SIPHONED OFF TO VARIOUS OTHER ENTITIES AND FORPERSONAL USE.

  New Delhi (Face2News)

Delhi Police EOW reported to have arrested accused of cheating innocent people in the name of land pooling from Kochi Airport while trying to flee to Maldives.

Dr. O.P. Mishra, IPS, Joint Commissioner of Police EOW said, various attractive schemes were being floated in the market by different Societies/Builders in thename of DDA’s Land Pooling Policy demanding registration fee/ initial paymentbooking of property/ flats. However, DDA has not issued any license or authorizedany Developer/Builder/ Society/ Company to undertake the process of developmentin the sectors under land pooling policy.

Further, DDA shall be able to issuesuch provisional/ final development licenses once the sector is qualified fordevelopment. As per the notified policy, in order to make the sector eligiblefor development, a minimum of 70% contiguous land of the developable areawithin the sector - free of encumbrances is to be pooled. As per theinvestigation and the contents available on the alleged website it has come outthat the name of land pooling policy of DDA has been used to give an impressionand spread a message in the masses that the projects are duly authorized by thecompetent authority. In this way, the facts have been misrepresented and thematerial information with regard to the DDA’s approval pertaining to theproposed projects has been suppressed in order to induce the public at large. Presentcase FIR No. 292/2019, dated 26.12.19 U/s 406/409/420/120 B IPC P.S EOW, Delhi belongsto Society Revanta Multi state CGHS Ltd, Delhi.

Grabbing the DDA’s newly launched Land Pooling Policy asan opportunity in view of heavy housing requirement in Delhi.Inducement to the public through misrepresentation of thefacts pertaining to this policy and offering affordable housing at prime locationsto the persons in dire need. Using Aggressive Marketing through mass messages,fictitious portals, electronics advertisements on e-Media, circulation ofpamphlets etc. with regard to the Society Projects and collecting investmentsfrom the public at large in the form of bookings., Hefty commissions to the agents bringing the bookings ofthese housing projects.,

 INVESTIGATION: The investigation has revealed that Delhi Development Authority (DDA) envisaged a policy in the name of LandPooling Policy for ensuring availability of sufficient houses under planned developmentof Delhi and in anticipation of this scheme, various Builders and Promotersgrabbed it as an opportunity to exploit the situation by showing rosy picturesto innocent flat buyers and raised huge amounts from them for advance bookingsin the name of registration/allotment etc.

As per the reportprocured from DDA, it has not issued any license or approval to any of theseSocieties and no one is authorized to advertize/Market/book/sell/invite personsto purchase any plot/flat in any project under the land pooling area withoutany prior registration of the project under RERA.

Amount of more than Rupees400 crores was collected by the Society from approx. 4000 gullible investorsand only 21.95 Acre Acre Land was purchased in society through registry and about 23.50 Acres of land through GPA/Agreement to Sell for the project inquestion. The Cost of the dedicated Land is less than half of the amountcollected from the investors in the name of Land Cost and the remaining amountwas misappropriated and siphoned off to various other entities. 

TEAM: A team of SectionII of EOW consisting of Inspector JS Mishra, SI Ravinder, SI Nikhil Singh andHC Amzad under the supervision of ACP Anil Samota, was constituted to trace theaccused person.

MODUS OPERANDI: Grabbing the DDA’s newly launched Land Pooling Policy asan opportunity in view of heavy housing requirement in Delhi.Inducement to the public through misrepresentation of thefacts pertaining to this policy and offering affordable housing at prime locationsto the persons in dire need. Using Aggressive Marketing through mass messages,fictitious portals, electronics advertisements on e-Media, circulation ofpamphlets etc. with regard to the Society Projects and collecting investmentsfrom the public at large in the form of bookings., Hefty commissions to the agents bringing the bookings ofthese housing projects., Hefty commission more than double –triple of prevailingrates of land were charged by Landfacilitation Companies/agencies from society in order to siphon off the publicmoney.,  Siphoning off and diverting the investments of theinvestors for personal gains.

ARREST:

In this caseaccused Harender Tomar was absconding for long. He sold his old residentialaccommodation at Roshanpura, Najafgarh and went underground. LOC in respect of thisaccused was already operative and such he was detained at Kochi Airport by theImmigration Authorities while trying to flee to Maldives. Further,investigation regarding the roles of other conspirators and associated personsis in progress. Three accused persons – Satender Maan (Ex-President), PradeepShehrawat (President) and Subhash Chand (Secretary) have already been arrestedin this case. 

PROFILE: Harender Tomar S/o Sh. Sukhbir Singh R/o Flat No 4103, Lords Apartments ,Plot no 7,Sector 19 BDwarka New Delhi, Aged 36 years is one of the mainaccused persons carrying out all the activities and getting benefitted out ofthese. The office bearers of the alleged society conspired with this accusedHarender Tomar to siphon off the public money in the name of purchase of Landfor the Society. Present accused, in conspiracy with other associates, establisheda company “Shree Sidhdhi Vinayak Realtors and Securities” and purchased Landmeasuring approx. 11.77 Acres and sold it to the Society at very high ratesi.e. Double-triple of the prevailing rates in the relevant span of time. Approx.amount of Rs. 120 Crores was transferred from the Revanta Society to his company for the purchase of aforesaidland. This accused andhis associates are the beneficiaries in crores of rupees of the misappropriatedfunds of the Society. All the relevant Bank Accounts have already been gotdebit freezed. Further Investigationis in progress.

 
Have something to say? Post your comment
Copyright © 2017, Face 2 News, All rights reserved. Terms & Conditions Privacy Policy Disclaimers