1 held for cheating homebuyers under garb of DDA's Land Pooling Policy

| | NEW DELHI
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1 held for cheating homebuyers under garb of DDA's Land Pooling Policy

Saturday, 27 February 2021 | Staff Reporter | NEW DELHI

nThe Economic Offences Wing (EOW) of Delhi Police has arrested a treasurer-cum-authorised signatory of Rudra Welfare Society for his alleged involvement in cheating homebuyers under the garb of land pooling policy of Delhi Development Authority (DDA).

The accused has been identified as Prahlad Aggarwal (45), a resident of Ghaziabad in Uttar Pradesh (UP).

According to Dr OP Mishra, the Joint Commissioner of Police, EOW, various attractive schemes were being floated in the market by different societies and builders in the name of DDA’s land pooling policy demanding registration fee and initial payment booking of property.

“However, DDA has not issued any license or authorized any developer, builder, society and company to undertake the process of development in the sectors under Land Pooling Policy. As per the investigation and the contents available on the alleged website it has come out that the name of Land Pooling Policy of DDA has been used to give an impression and spread a message in the masses that the projects are duly authorized by the competent authority,” said the Joint CP.

“In this way, the facts have been misrepresented and the material information with regard to the DDA’s approval pertaining to the proposed projects has been suppressed in order to induce the public at large. A case was already registered under section 406,409,420,120B Indian Penal Code (IPC) at EOW police station against Rudra Welfare Society,” said the Joint CP.

“As per the report procured from DDA, it has not issued any license or approval to the Rudra Welfare Society and it is not authorized to advertise, book, sell and invite persons to purchase any plot or flat in any project under the land pooling area without any prior registration of the project under RERA. Investments to the tune of approximately Rs. 8.11 Crores were collected by this Society from 290 innocent victims,” said the Joint CP.

“The accused Prahlad Aggarwal was arrested by the EOW team on February 25. Previously Bharat Khanna and Paras Aggarwal, the office bearers and authorized signatories of this Society were arrested and charge sheet filed against both,” the Joint CP added.  

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