In a recent case in Chhatrapati Sambhajinagar, members of a housing society were defrauded of ₹2.92 crore by builders who took advance payments from them under the guise of one-time maintenance charges but failed to deliver the promised services, officials revealed on Wednesday.
According to police information, Nagpal Builders initiated a project called Meadows Hill Mist Society in the Kanchanwadi area in 2015, comprising 161 flats and row houses. Each member was charged ₹1.5 lakh as a one-time maintenance fee. The builders were supposed to open a bank account and utilise the deposited money to provide maintenance services, but they did not do so. Subsequently, the society members lodged a complaint with the Deputy Registrar Co-operative, who directed the builders to open a bank account in the society's name. However, the builders failed to comply with the directives. Additionally, the builders have not even transferred the society rights to the society yet.
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Meanwhile, the flat owners allege that the builders have diverted the society's ₹2.92 crore to another housing project. Society chairman Prasad Mahajan and others have filed a complaint with the Satara Police Station.
The Economic Offence Wing, led by PI Sambhaji Pawar and PSI Ashok Awachar, is currently investigating the case.