Real Estate Agency

Panvel builder arrested for cheating buyers

Panvel builder arrested for cheating buyers.Narendra Mehta and Raunak Mehta.

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Mayur Panghaal
Mayur is a real estate professional with more than 15 years of experience at all levels of the Real Estate trade in Navi Mumbai. He is inspired by Arvind Kejriwal and is a member of the Aam Aadmi Party since inception. When not involved in real estate, he is actively involved in social issues of the community where he lives. He can be reached on 9833802522
Mayur Panghaal
Mayur Panghaal

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A panvel builder,Narendra Mehta (alias Raj Mehta) and his son,Raunak Mehta 23 yrs old,have been arrested and remanded in police custody till february 27.Narendra Mehta is accused of cheating 200 investors of 5 crores by promising them plots in Panvel.The builder allegedly took buyers to the site and told them that he was the owner of the plot.It turned out that the farmer had only received 60 lakhs and that the plot was still under his ownership.
Despite recent scams,buyers continue to trust builders blindly and lose their hard earned  money in the process.