Realtors mortgage flat to obtain Rs 27 lakh loan booked

Pune | Friday | 20th July, 2018

Summary:

It was only then that Parveen realized the realtors had deceived them by mortgaging their property after the forging documents. However, they later stopped paying the instalment.”The police officer added that the financial firm later issued a notice to the owner of the flat informing that the property would be attached for non-payment of the loan. The suspects initially paid instalments amounting to about Rs2 lakh. This despite the fact that the couple had not made any application to obtain a loan.“Initially, a search was conducted to trace Sayyed and Shaikh but their whereabouts were not known. PUNE: The Kondhwa police on Wednesday booked two realtors for cheating a 38-year-old woman by preparing forged documents of her flat and mortgaging the property to a financial firm in order to obtain a loan of Rs 27 lakh.The fraud came to light when, in April 2018, Kondhwa resident Parveen Memon received a notice for attachment of her property for not repaying the loan..