India, Maharashtra, vijay kumbhar, News, Governance, RTI, Transparency, Civic Issues, Real Estate: TRREPL

Showing posts with label TRREPL. Show all posts

Friday, July 7, 2017

Temple Rose Investment Scam: 3,700 agents under the police scanner ...

More than 3,700 agents are under the police scanner in Temple Rose Real Estate Pvt Ltd (TREEPL) investment scam. Economic Offences wing ( EoW) have registered cases against TREEPL, its associate companies, directors and agents in 400 crore investment scam. The cases have been registered under Maharashtra protection of interest of depositors Act (MPID) and various other sections of Indian Penal code. Under MPID authorities have right to seize properties of companies, its directors, partners , associates and agents purchased by the amount of the crime proceeds. In TREEPL case many agents have received more than crore rupees as a commission.

Police is in possession list of all the TRREPL agents spread over Maharashtra. Along with TRREPL director Devidas Sajnani one agent Ramesh Aghicha has been sent to magistrate custody after police custody. So far Police have frozen 68 bank accounts and seized 440 acres of land, car, 13 mobile phones, laptop, computer 7.5 lakh rupees cash and deposits given towards house and office of the agents.

To avoid police enquiry some agents have changed their postal addresses and mobile numbers. However that may not help in longer run because they have to recover the entire amount involved TRREPL investment scam. The police Inspector of EoW Pune Mr. Rajesh Puranik has appealed citizens and all those concerned to communicate if they know addresses and phone numbers of TRREPL agents.

Some day or other police will definitely going to knock their TRREPL agents’ doors. To avoid all this embarrassment it is better for the agents to deposit the amount received in TRREPL deals with police or court. The list of TRREPL is reproduced below. Go to the document then press Ctrl + f and then search name. If find any acquaintances or if your name is their then communicate with eowPune @gmail.com or PI Mr. Rajesh Puranik on 9870196701.

Tuesday, July 4, 2017

TRREPL Investment scam: 68 bank accounts frozen, 440 acres of land, car and 13 mobile phones seized by EoW Pune

68 bank accounts have been frozen and 440 acres of land, car, 13 mobile phones, laptop, computer 7.5 lakh rupees cash and deposits given towards house and office of the agents have been seized from directors, agents of crore Temple Rose Real Estate Pvt . Ltd (TRREPL ). Economic Offences Wing (EoW) of Pune police has seize this property in 400 crore TRREPL investment scam case. Surprisingly, though TRREPL scam is spread over all over Maharashtra and other states also and thousands of investors have been duped for hundreds of crores of rupees surprisingly no political party, leader or administration has uttered a single word about this case.

Truly Yours Forever or Cheaters Forever

EoW Pune City is investigating criminal case filed under section 409, 420, 467, 468, r/w. 34, 120 (b) IPC, sec. 3 of Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, sec. 3, 4, 5, of Prize Cheat and Money Circulation (Banning) Act, 1978 has been registered by Mrs. Nitin Shukla against the directors, promoters, office bearers, agents and other known and unknown persons concerned and connected with the TRREPL and Temple Rose Group of Companies (TRGC ).

After a long stay in Police Custody main accused in this case TRREPL director Devidas Sajnani and agent Ramesh Aghicha are still in magistrate custody while Keshav Narayan Iddya, Markas Yohan Thorat, Deepa Devidas Sajnani, Vanita Devidas Sajnani, Sunil Dada Gaji , Dharmesh Narendra Joshi, Sharmila Dharmesh Joshi , Kanhaiyalal Narayadas Sadhawani , Ashok Toalaram Pamnani , Sapna Ramesh Aghicha , Sweta Ramesh Aghicha and Shrikant Parmeshwar Jaiswal have applied for anticipatory bail.

Without political leaders’ or administration’s support it is impossible to run any scam in India. The way TRREPL directors, their associates bought huge lands violating all the Land Laws in various parts of Maharashtra, indicates that they have support from political parties, leaders and administration also. Otherwise it is difficult for anybody to buy lands violating ceiling on holding Agricultural Lands, prevention of fragmentation of agriculture land. Nobody can buy agriculture land unless he is agriculturist. However TRREPL people who do not have seen the agriculture in their entire life easily managed to obtain agriculturist certificate.

One can imagine the reason behind political leaders’ or administration’s silence. We have earlier witnessed such silence after arrest of Mahesh Motewar of Samruddha Jeevan scam. Almost every political party or leader had good relations with him. After his arrest only that support vanished. If we track other companies associated with TRREPL , Devidas Sajnani and his associates we can sense involvement of political persons.

Temple Rose Group of Companies (TRG) was not only involved in Real Estate or plotting scams it had also planned Multi-Level Marketing (MLM) scheme in the name of wellness industry. Glossy brochures were printed. They were promising income of whopping 1.63 crore only in 14 months to the agents .TRG had also advertised wellness products like pills etc.

This is the list of properties of directors of Tempe Rose Group and their associate. small investors got nothing but directors created amazing land bank needs to seized by Authorities

TRREPL is not a small scam; thousands of investors have been duped by them. In Pingori ‘Rose City’ project itself more than 4000 investors had invested 5200 plots. They have 42 such schemes all over Maharashtra and more than 1300 hundred agents. With this number one can imagine number of investors and money involved in this scam. Out of 4000 investors of “Rose City “Pingori project more than 1000 are from defence establishments, large number of them are NRIs and hence cannot file a complaint or depose before investigation Officer. That is the reason why only 200 complaints have been filed in EoW pune and few in Mumbai. Nobody from 42 other projects has come forward to lodge a complaint. And none of these investors in all these schemes have received any plot or their money back.

As the cases against TRREPL have been filed under Maharashtra Protection of interest of depositors Act ( MPID) also. Under this act authorities can seize, sell and compensate investors. But to happen those authorities have to recover proceeds of crime. Out of 1300 TRREPL agents some have received amount of more than one crore rupees. To avoid police custody some agents have shown willingness to deposit money received in this scam with police or court. However his number is very less. From others this money has to be recovered . Some of them have diverted these amounts to buy other properties or things. As per act these properties also have to be seized. And hence it is difficult for EoW Pune or Mumbai only to investigate and seize all the properties of TRREPL directors, agents and its associates. Considering these facts government needs to constitute Special Investigation Team ( SIT) or hand this case over to central Bureau of Investigation.

Related Stories

TRREPL Case; Classic example of Police Public Participation….

Temple Rose Plotting Scam Exposed

Temple Rose Real Estate Scam is an Organised Crime...

RTI Katta on Pune - Maharashtra Real Estate Scams

EoW Pune to Have Dialogue With Investors of Temple Rose Real Estate

Temple Rose Real Estate Investment Scammer sent to five day police custody in Pune

Devidas Sajnani behind the bars, other plotting and investment scammers stunned !

Lust of gullible investors for heavy returns is the reason behind flourishing fraud investment schemes

Number of fools who want to get cheated is multi million times more than the actual cheaters in Ponzi Investment

Subscribe for Free

To receive free emails or free RSS feeds, please, subscribe to Vijay Kumbhar's Exclusive News & Analysis

RTI KATTA

Vijay Kumbhar

RTI Resource Person, RTI Columnist

Phone – 9923299199

Website – http://vijaykumbhar.com

http://surajya.org/

Email – kvijay14@gmail.com

Facebook - https://www.facebook.com/kvijay14

Twitter - https://twitter.com/Vijaykumbhar62

YouTube - https://www.youtube.com/user/kvijay14

Wednesday, May 31, 2017

TRREPL Case; Classic example of Police Public Participation….

Case filed against Temple Rose Real Estate Pvt. Ltd ( TRREPL) plotting and investment fraud is classic example of Police Public participation (PPP) .And that is the reason why TRREPL director is behind bars and chances of getting investors money back have increased. Thanks to Rajesh Puranik, Police inspector of Economic Offences Wing ( EoW) who under the guidance of Commissioner Rashmi Shukla and DCP Sudhir Hiremath not only had a proactive dialogue with TRREPL investors but also invoked Maharashtra Protection of Interest of Depositors Act (MPID) in this case. Under MPID competent authorities can seize and sell accused persons properties .Even if accused have sold or transferred the property to third party , authorities can seize those also. In TRREPL case even though accused have transferred properties to third party authorities may seize those.

PI Rajesh Puranik with his team and Mubina Sanaula, Deepali Deshmukh , Rashmi Nehete,Prithviraj pardeshi, and Pravin Jain in Mumbai at Sajanani's residence

The MPID court yesterday extended TRREPL directors Devidas Sajnani’s police custody till 5th June. Other Directors of company are absconding and hearing on sajanani’s wife and Daughter’s interim bail application is also postponed till 5th June. The MPID Act, deals with a speedy remedy for recovery of payments in default and also provide remedy by criminal proceedings with stringent punishments and attachment of property. As per the Act, fraudulent default by a financial establishment attracts conviction for every person responsible for the management of the Establishment including the promoter, partner, director, manager or an employee.

VIJAYKUMBHAR.COM

A project Specific Discussion Forum for Flat – Plot buyers who want to discuss or ask questions without disclosing their identity

SUBSCRIBE NOW ASK A QUESTION

Normally in plotting scams people don’t come forward to lodge a complaint because most of times the agents involved in such scams are their own relatives or acquaintances .And hence investors don’t dare to file police complaints against their own people. As well some times police also don’t take cognizance of such cases due to lack of sufficient proof. And that is the reason why PPP becomes more important. Unless people help police in such matters they can not move forward.

PI Rajesh Puranik , accused Sajnani Showing land at Pingori

In TRREPL case the investors formed some teams to help police. A team of Mubina Sanaula, Deepali Deshmukh , Rashmi Nehete,Prithviraj pardeshi, Prathamesh Pore and Pravin Jain went all the way to Mumbai .In first round of visit they helped police to arrest Sajnani under guidance of PI Rajesh Puranik and in second round they went to sajnani’s home to make panchnama of documents.Other team of Rushikesh Chinchole, suvarna jagtap and Santosh Rahane along with police went to Pingori . Where Sajanani showed a peace of land that never belonged to him but had sold the plots under various schemes. Police made panchanama of Pingori land.

Devidas Sajnani showing his Flat in Mumbai

Helping police was not easy job for investors , because TRREPL scam is organised crime also. Their stooges had already mixed up with genuine investors and misguiding them since long .They were also preventing them from filling complaint against TRREPL .Keeping all the activities secret from stooges was really a tough job. Even then they managed it skilfully.

Team of TREPL investors Mubina Sanaula, Deepali Deshmukh , Rashmi Nehete,Prithviraj pardeshi,

In TRREPL there is team of 15 to 20 persons who are involved in this entire scam as owners. TRREPL directors have properties all over Maharashtra. If investors in TRREPL scam want their money back they have to keep the momentum going till the final outcome.

Pingori Land

Till date , under the MPID, more than 200 cases of financial fraud have been registered , involving property worth Rs. 14.000 crore approximately .This number is very less if compared to unregistered cases. Unless investors dare to file complaint police can do nothing. Though number of investors helping police is very less compared to 5294 plots in Rose city scheme, They have shown the way. Now its up to other investors to come forward or not. Under MPID only the persons register the complaints may get it back.

Tuesday, May 9, 2017

It's now final, RERA will not act against illegal constructions..

Giving full stop to the discussion on whether Real Estate Regulatory Authority (RERA) will act or not on the illegal projects that do not register themselves with it, the Maharashtra RERA has categorically given indications that it will not act against the illegal projects that do not register with it.In an official reply to this writer RERA has said that the complaint should be filed with the registration number given to that specific project. The big question is, then why the projects that have violated all the rules and regulation and cheated people will get registered with RERA and invite unnecessary trouble for themselves? .

This writer had filed complaint with RERA to take suo motu action against a plotting scheme named Rose city by Temple Rose Real Estate Private Limited ( TRREPL) in Pingori village of Purandar taluka of Pune district.TRREPL sold around 5,294 plots on the claim that there were 'proposed Non Agriculture (NA)' plots. It has also uploaded the names of the plot purchasers on its website, however there is no sale deed registered with the Department of Registration. Pingori village in Purandar taluka of Pune district is surrounded by hillocks from three sides. Almost 80% of the land is a hilly terrain and hence cannot developed into a township, or for residential/industrial purposes.No permission of township or Non agriculture has been obtained or applied for.

Moreover the land never belonged to TRREPL . It erlier belonged to its sister concern Temple Rose Live Stock Farming Private Limited ( TRLSFPL). However TRLSFPL has also sold that land to somebody else. That means (TRREPL) doesnt have any land to develop. So question of obtaining permission from any authority for it’s project or registering with RERA doesn’t arise at all. Even then it is still advertising the said project . It has also launched several other such illegal projects in Maharashtra. The list was such projects was also supplied with the complaint.

As per The Real Estate act 2016 no promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase in any manner any plot, apartment or building, as the case may be, in any real estate project or part of it, in any planning area, without registering the real estate project with the RERA. However projects that are ongoing on the date of commencement of the Real Estate Act and for which the completion certificate has not been issued, 90 days period has been given to register those with RERA. But what about the projects that are totally illegal and can not be registered with any authority including RERA and still are advertising or selling the plots or flats ?. When RERA is not going to act against such projects on complaint or suo mottu then who will act against them ?

Actually as per the Real Estate Act, the RERA on a complaint or suo motu, relating to this Act or the rules of regulations made there under, it may, by order in writing and recording reasons therefor call upon any promoter or allottee or real estate agent, as the case may be, at any time to furnish in writing such information or explanation relating to its affairs as the Authority may require and appoint one or more persons to make an inquiry in relation to the affairs of any promoter or allottee or the real estate agent, as the case may be. But when RERA says that it will take action on the projects registered with it only then why the promoters of illegal projects will bother to register their projects?

The reply given to this writers complaint is reproduced here as it is

We are in receipt of your complaint sent through email dated 05th May 2017. The said complaint is against Temple Estate Pvt. Ltd. for unauthorized construction carried out by the said developer.

In this regards, this is to inform you that the promoter of the Real Estate Project has to register the upcoming or ongoing project/s for which occupation certificate is not issued with Maha-RERA within a period of 90 days from the date of establishment of Real Estate Regulatory Authority under the provisions of Real Estate (Regulation & Redevelopment) Act, 2016. After 90 days you can file online complaint by obtaining Registration number of project from Maha-RERA website

It appears reply is copy paste one, because complaint was not against the unauthorized construction it was about authorized plotting scheme.In complaint itself all the facts about why TRREPL will not register with were mentioned . Then what was the point in saying that after obtaining Registration number of the project with RERA only you can file complaint ?

Actually the real estate act was brought to ensuring Transparency & Efficiency in real estate sector in regards to sale of plot, apartment, building or real estate project and to protect the interest of consumers in real estate sector. However the way RERA has replied to this writers complaint there is no hope that largely unregulated business of illegal construction will stop and buyers will get sigh of relief.