In a significant development, Ramesh Gowani, the owner of Mumbai’s iconic Kamala Mills, was arrested by the Economic Offences Wing (EOW) of Mumbai Police on Tuesday for his involvement in a Rs67.50 crore land fraud. Gowani, also a director of a private land development company, has been accused of failing to pay a landowner the agreed amount for a proposed development project in the Khardanda area of Mumbai.
According to the complaint filed by Surjit Singh Arora (62), a landowner in Khardanda, Gowani had entered into an agreement in 2013, offering Arora ₹67.50 crore for a land development project. However, despite multiple demands for payment, Gowani allegedly failed to honor the agreement and did not transfer the agreed amount.
Arora, frustrated with the lack of payment, filed a formal complaint with the Economic Offences Wing of the Mumbai Police. Investigations revealed that Gowani had bought a plot in Khardanda for development but had disregarded his financial obligations to the landowner. Following this, the police registered a case against Gowani under sections 409 and 34 of the Indian Penal Code .
The arrest of Gowani has raised concerns about land scams in Mumbai and has attracted significant media attention due to his high-profile business affiliations with Kamala Mills.
Mumbai Police are continuing their investigation to uncover further details of the scam and determine if there are additional victims or stakeholders involved. The authorities have urged individuals with information related to the case to come forward.