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The Punjab Agricultural University (PAU) police has taken legal action against two individuals from Malakpur village on charges of defrauding a real estate developer in the city of Rs 13 crore. The accused, identified as Boota Singh and Jugraj Singh, who are farmers by profession, allegedly accepted the money from Ashok Kumar of Rishi Nagar for a 64 kanals property near South City. The FIR was initiated after a comprehensive inquiry, revealing that the accused, taking advantage of increased property rates due to the construction of a bypass, refused to transfer the land ownership to Ashok Kumar.
According to the investigating officer, ASI Ashwani Kumar, the deal was sealed at Rs 13 crore, with Ashok Kumar making multiple instalment payments to Boota and Jugraj. However, as the Ladhowal bypass construction started and property rates surged, the accused chose not to complete the land transfer, aiming to secure additional funds from Ashok Kumar. During the police probe, it was discovered that the land supposedly owned by Boota and Jugraj was less than the claimed 64 kanals.
The investigation further revealed that the documents submitted by the accused, indicating ownership of 64 kanals, were forged. Portions of the land were found to be owned by other individuals, while some were under the possession of the National Highways Authority of India (NHAI). The police complaint was filed on September 29, and following a detailed investigation, the FIR was registered under various sections of the Indian Penal Code (IPC), including criminal breach of trust, cheating, forgery, and criminal conspiracy.
This fraudulent act underscores the complexities and legal challenges in real estate transactions. The thorough police investigation not only exposed the fraudulent land deal but also highlighted the use of forged documents to deceive the victim. The accused's attempt to capitalize on the surge in property rates due to infrastructure development raises concerns about unethical practices in the real estate sector and the severity of the alleged misconduct.
The case serves as a reminder of the importance of due diligence in property transactions and the need for stringent legal measures to address fraudulent activities. It also emphasizes the role of law enforcement agencies in safeguarding the interests of individuals involved in real estate dealings.
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