3 held for cheating investors of ₹60 cr in real estate fraud | Hyderabad News

Cyberabad police arrested three realtors for allegedly duping investors of ₹60 crore in a real estate fraud involving pre-launch offers for residential apartments in Kompally. The accused promised construction of 'Bharathi Lake View' but sold the land instead, earning over ₹60 crore. Public warned against investing in pre-launch offers.

May 19, 2024 - 03:30
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3 held for cheating investors of ₹60 cr in real estate fraud | Hyderabad News
Cyberabad police arrested three realtors for allegedly duping investors of ₹60 crore in a real estate fraud involving pre-launch offers for residential apartments in Kompally. The accused promised construction of 'Bharathi Lake View' but sold the land instead, earning over ₹60 crore. Public warned against investing in pre-launch offers.

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