Two brothers from Kharghar in Maharashtra’s Thane district have been accused of duping five people of nearly Rs 1.5 crore on the pretext of selling them flats. The Navi Mumbai police have registered a case against the brothers, Laxman Devaji Vavia (Patel) and Haresh, after a tax consultant from Mulund and four of his friends made the complaint. The brothers allegedly sold flats to the five individuals that were either mortgaged or already sold to others.
The case has been registered at the CBD Belapur police station, and an investigation is currently underway.
This incident highlights the need for buyers to be cautious when investing in real estate. It is important to conduct thorough research on the property and the seller before making any payments. Buyers are advised to check the title deed, approve the property plan, and ensure that all necessary permits have been obtained.
Furthermore, it is crucial to ensure that all payments made during the buying process are through a transparent and secure channel. Buyers are advised to use banking channels or cheques to avoid any fraud or misappropriation of funds.
Real estate frauds have become increasingly common in recent years, and it is essential to take all necessary precautions to protect oneself from falling victim to such crimes. By conducting proper due diligence and using secure payment methods, buyers can ensure that their investments are safe and secure.