Realtor, wife held in Kolkata for cheating investor of Rs 28 lakh | Gurgaon News

Realtor, wife held in Kolkata for cheating investor of Rs 28 lakh

Gurgaon: The director of 32nd Milestone, a commercial complex in Sector 15, and his wife have been arrested for allegedly cheating an investor of around Rs 28 lakh.Director Anubhav Sharma (65) and his wife Mamta (65) — who allegedly misrepresented the size of a shop and lured the buyer with false assurances of assured rental income — were arrested from Kolkata on July 31 and Aug 1, respectively, by the economic offences wing (EOW) of the city police.The case is based on a complaint filed on Dec 20, 2025 by Madan Lal Sharma of Greater Kailash-1. Police said four people — Anubhav, Mamta, their son Dhruv Dutt and daughter Shireen — have so far been arrested in the case.Nearly 100 more people have since approached investigators with similar allegations. Police spokesperson Sandeep Turan said, “Police also found allegations that the accused had cheated several other investors by selling properties that had already been mortgaged to banks.”After obtaining a three-day transit remand from a court in Kolkata, the city police produced the couple before a local court on Sunday, which remanded them to six days of police custody.Police are examining property documents, tracing the flow of the alleged cheated money and investigating the role of other persons who may have been involved in the conspiracy.The complainant alleged that Anubhav, Dhruv and Shireen sold the commercial unit at 32nd Milestone to his son for around Rs 28 lakh by falsely claiming that the shop had a larger area than its actual size.According to police, the accused also assured the complainant that the shop would be leased out on a long-term basis, ensuring a regular rental income.The complainant alleged that while rent was paid for a brief period, the payments were later stopped and possession of the shop was never handed over.The FIR was then registered on Dec 20, 2025, at Civil Lines police station under sections 120-B (criminal conspiracy), 409 (criminal breach of trust) and 420 (cheating) of IPC.Anubhav, Dhruv and Shireen were named in the FIR then. The investigation was subsequently transferred to EOW-I.During interrogation, investigators found that Anubhav, along with his son, daughter and other associates, sold the commercial unit by misrepresenting its actual area. Police said that Mamta actively participated in the conspiracy.Police said the accused had assured the complainant that the shop would be leased through Growth Hospitality LLP, thereby guaranteeing regular rental income. However, investigators found that the company also belongs to Anubhav. After paying rent for some time, the accused stopped the payments, causing a loss of around Rs 28 lakh to the complainant.

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