A former police officer, his family, and a banker have been booked following a fraud complaint filed by a real estate businessman who was allegedly duped in a Rs45 lakh property deal. The complainant claims that the accused, Devaram Gite, his wife Suman, and son Sandeep, defrauded him in a complex real estate transaction.
The businessman, 49, residing on Film City Road in Goregaon, stated that in 2011, he learned that Devaram Gite was selling some of his flats in a residential complex. Gite owned three flats in the same society—two of which were sold: one to another buyer, and one to the complainant. The third flat is where Gite and his family still reside.
The businessman said he purchased the flat for Rs45 lakh, but despite repeated requests, the Gite family did not provide him with the original property documents. During the society’s annual general meeting, he was assured that the property was legally transferred to him and that the documents would be handed over soon. However, he later discovered that the Gite family had taken a home loan of Rs35 lakh against the flat he had purchased.
Upon confronting Devaram Gite, the businessman was assured that the loan would be cleared, and the original documents would be provided. But, despite these assurances, the Gite family continued to give evasive responses. As months passed, the businessman began receiving bank notices due to the unpaid loan, leading him to realize that the property transaction had been compromised.
The complainant then took his case to the police, who began investigating the fraud. During the investigation, it was revealed that the loan had been approved by a banker using forged documents, leading to further charges. As a result, the police have booked Devaram Gite, his family, and the involved banker for fraud, forgery, and other charges related to the property deal.
The case is still under investigation, and police are working to identify additional parties involved in the fraudulent activities.