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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

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RTI KATTA

RTI Resource Person, RTI Columnist

Phone – 9923299199

Website – http://vijaykumbhar.com

http://surajya.org/

Email – kvijay14@gmail.com

Twitter - https://twitter.com/Vijaykumbhar62

Monday, June 26, 2017

Beware; Registration with RERA doesn’t mean the project is authentic……

The basic object of the Real Estate Act (REA) was to ensure accountability towards allottees, protect their interest, infuse transparency, ensure fair-play and reduce frauds & delays. However, it seems promoters and builders have decided to challenge the competence and power of the Real Estate Regulatory Authority ( RERA) established under REA.RERA also has seem to have succumbed to builders tactics or does n’t have enough infrastructure to verify the validity documents provided by Builders. As far as Maharashtra RERA ( MahaRERA) is concerned many builders have not provided authentic documents to it while registering their projects and MahaRERA also has not verified those. Even then many builders and promoters have successfully obtained registration certificate from MahaRERA.

Some Builders have either not uploaded their photo or uploaded such photo on MahaRERA website

Already Maharashtra RERA rules have been diluted and now builders are not providing authentic and full information and that that has caused a serious question of authenticity of projects even after they obtain the RERA registration. It is a different thing that after complaint MahaRERA may take action on defaulting builders but obtaining information from builders was difficult for consumers. That has not been made easy by REA in Maharashtra. Even after obtaining information, understating and analyzing it is the huge task. Then forget about complaining about it to the RERA.

The reasons may differ but various authorities in Maharashtra always refrain themselves from any accountability, causing serious damage to basic objectives of proactive Acts. Be it The Registration Act, The Right to Information Act, Maharashtra Right to Public Services Act or Maharashtra Land Revenue Code. MahaRERA seems to be no exception for that and reason is the builders and promoters don’t want REA to succeed and want their illegitimate right to cheat consumers intact.

Some builders and promoters have either not uploaded commencement certificates or approved building plants or uploaded such documents on MahaRERA website

There may be the possibility that MahaRERA may not have adequate infrastructure to verify the authenticity of the documents that builders provide, but it is its responsibility ensure that all the documents required to be submitted under REA are provided. Many builders either have not provided mandatory information or have provided illegitimate, irrelevant or unreadable information. Even then they have received registration certificates. It is now the consumer’s duty to obtain the legitimate documents from MahaRERA, analyse it and then lodge the complaint if any.

Some builders promoters have not uploaded building plans on MahaRERA website

As per REA builder promoter has to provide and publish

(a) a brief details of his enterprise including its names and photographs of the promoter;

(b) a brief detail of the projects launched by him, in the past five years details of cases pending, details of the type of land and payments pending;

(d) the sanctioned plan, layout plan and specifications of the proposed project or the phase thereof, and the whole project as sanctioned by the competent authority;

(e) the plan of development works to be executed in the proposed project and the proposed facilities to be provided thereof including firefighting facilities, drinking water facilities, emergency evacuation services, use of renewable energy;

(f) the location details of the project, with clear demarcation of land dedicated for the project along with its boundaries including the latitude and longitude of the end points of the project;

(g) proforma of the allotment letter, an agreement for sale, and the conveyance deed proposed to be signed with the allottees;

(h) the number, type and the carpet area of apartments for sale in the project along with the area of the exclusive balcony or verandah areas and the exclusive open terrace areas apartment with the apartment, if any;

(i) the number and areas of the garage for sale in the project;

(j) the names and addresses of his real estate agents, if any, for the proposed project;

(k) the names and addresses of the contractors, architect, structural engineer, if any and other persons concerned with the development of the proposed project;

However in Maharashtra Real Estate Rules promoters and builders have been exempted from publishing details provided under clauses (b), (e), (g), (h), (i) and (l). Taking full advantage of diluted rules and working of MahaRERA , promoters and builders have suppressed lot of vital information.

This is the expired stamp paper used for self-declaration, The information provided on this paper is also bogus

AS per REA for on-going projects three months period from the date of commencement of the Act for applying for registration. However, some promoter builders have taken this as an amnesty scheme to revive their dead projects. Some builders who have started their projects 15 – 20 years back and supposed to complete it before 2005 have now given a proposed date of completion of the project year 2022. That means the project if completed will take 22 years to complete.

This Project was supposed to be completed in the year 2005, commencement certificate was given first 2001, Now proposed the date of completion is 2022

Every commencement certificate or plan have the limitation period. After expiry, these documents have to be re-validated. However, some builders have uploaded an expired document on MahaRERA website. As well, as per REA builders, promoter builder builders have to provide and publish along with brief details of the projects launched by him, in the past five the payments pending. However hardly any builder has complied with it.

There are several other violations made by builders promoters while providing information to MahaRERA . Even then they have got registration certificates but that doesn’t mean the projects are authentic or they have all the required and legitimate documents to start or continue the project. Therefore it is now consumers’ duty to be alert. If you have any query on this subject please write to admin@vijaykumbhar.com

Related Stories

The Maharashtra Real Estate Rules; Latest victim of Bureaucracy & Builder nexus

Builder bureaucrat nexus makes Maharashtra RERA Rules nightmare for home buyers

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Vijay Kumbhar

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http://surajya.org/

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Friday, June 23, 2017

IT Professionals; Soft Target of Real Estate Mafia

Vietnamese Buddhist monk and peace activist Thich Nhat Hanh says “In the past there were people who were not rich but contented with their living style, laughing and happy all day. But when the new rich people appear, people look at them and ask, 'why don't I have a life like that too, a beautiful house, car and garden, and they abandon their values” . Recently I got a call from IT Professional. He wanted to buy a piece of land, the plot has got permission from Godown NA. He wanted to build a house. Even after knowing that what he was doing was illegal , he was ready build a house there just because he has lot of money to waste.I won’t say that all the new rich people have abandoned their values. But most of those do have. In this class IT professionals number is slightly high.

Though not legal but we can understand if someone who doesn’t have a home to live, builds a illegal construction or lives in slums. But when the people who call themselves to be educated, if they buy illegal flats or plots, as mere luxury or investing? then what to say?. Just because of such so called investors or buyers most of the laws like ceiling on agriculture land holdings, prevention of subdivision of agriculture land, environment law etc. are being blatantly violated in the Maharashtra.

In the past few years in Pune and surrounding many big projects, townships have emerged. However hardly any of these projects have followed all the legal requirements.Project proponents hardly give any information to potential buyers unless they invest something. Even they don't share survey numbers with buyers and these buyers also pay initial amount without verifying authenticity of the the property.

For the past few years,Maval and Mulshi talukas of Pune District talukas have become a major attraction in the field of land dealings. In the name of proposed Non-Agriculture Plots, Proposed Townships, proposed housing project the Mafia had started to fool the so-called investors. They do all illegal activities hand in glove with public authorities.

In past few years the business related to Information Technology has flourished in Pune. And as the income of the employees in this business is slightly high, a separate class of investors has cropped up. As this new class is related to information technology and for many other reasons, they visit advanced countries. While buying flat or plot in India they compare the situation with the developed countries.They start dreaming same scenario here.

As the Mawal and Mulshi Talukas received a boon of nature. Naturally the land mafia cashed the opportunity. They started showing same dreams to these investors.And thereafter where use of simple spade was banned by legislation , the plush projects started to come up. These Mafia didn’t care about any law at all. From then on Bungalow, flats and plotting schemes on luxury or scenic places began to rise.However most of the tmes these luxury or scenic places are on paper only.

As this new class of investors was easily huntable. Mafia look at it a soft target. Not only that, this class is always ready to get hunted itself by Mafas. This class do not bother to see if any law of this country is being violated or how. Even if someone brings it to there notice they easily say ‘India mein to yeh sab chalata hai”. That is the reason why large number of IT professionals have also invested in the Templar Daily Real Estate Pvt Ltd. which has cheated thousands of investors in Mumbai and Pune by running the fraudulent investment plans like ‘BuyBack’or “double your money”.

Monday, June 19, 2017

Nagpur Police seize scammer builder’s Property worth Rupees 40 Crores

In an interesting development Economic Offences wing of Nagpur police has seized property of high profile builders worth Rupees 40 crores. Normally police and even courts doesn’t consider such cases of criminal nature they put it under carpet of civil cases.However in this case police not only registered this case under section 420 of IPC but also successfully seized builders property.

It is alleged that Mukesh Jham and Hemant Jham have created one of the biggest real estate scam in Nagpur running into several crores. So far they have looted hundreds of middle class customers of their lifetime savings. There are more than 100 complaints filed against them in sonegaon police station of Nagpur. People have also started online petition against them.

In this instant case one Shrikant Ramchandra Janbandhu resident of Samta Nagar, Kumbhar Toli finalized to purchase the row house No. 101 for the consideration amount of Rs.11,99,000/ and he paid Rs.2,39,800/ as part payment to the applicant and agreement to that effect was executed on 01112011. In the said agreement, the applicant had assured that he will give the said row house within 18 months. However after not getting possetion even after 4 years he filed FIR under section 420 IPC i.e cheating.

Jham Builders had undertaken the development and construction of Khasara No. 108 and 109 of Patwari Halka No. 46 at Mouza Waghdhar, Taluka Hingna. They had invited the willing purchasers to invest their amount for booking of the flats and row houses. However they could not complete the project in time. They gave explanation that the suit land comes under Metro Region and therefore, had sought the permission from Nagpur Improvement Trust to clear this land and for this, the construction work was started belated because the sanction of Nagpur Improvement Trust was mandatory to complete the scheme of row houses and flats.

Not satisfied with builders explanations Shrikant Janbandhu and others filed a FIR with sonegaon police station. The court had also assumed that matter was of civic nature and also criticized Police for relying rely upon the submission of the applicants. However Police later on successfully seized Jham builders property.

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Interestingly Hemant Jham was thrashed and kidnapped from his office over money matter by 4 persons from Somalwada area in 2016 i.e after filling of FIR against him in sonegaon Police Station.. However the same sonegaon police in swift action, not only rescued the builder but also arrested the four abductors within hours.

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RTI KATTA

RTI Resource Person, RTI Columnist

Phone – 9923299199

Website – http://vijaykumbhar.com

http://surajya.org/

Email – kvijay14@gmail.com

Twitter - https://twitter.com/Vijaykumbhar62

Tuesday, June 6, 2017

Project Proponents and Agents stunned as Maharera Penalize Estate Agency

The project proponent and Real estate agents who are adverting Real Estate Projects on social media Without registering projects with Real Estate Regulatory Authority are stunned, as in First of its kind action , The Maharashtra Real Estate Regulatory Authority ( MahaRERA) has penalized Sai Estate Consultant of Mumbai . It has fined the agency with Rs 1,20,000 for breaking MahaRERA regulations.It is mandatory for the builders, agents and housing projects to be registered with MahaRERA. Their registration numbers need to be mentioned in the advertising articles.

In exercise of powers conferred by Section 36 of the Act MahaRERA has directed the to withhold the advertisements with immediate effect and rectify all the hoardings by putting MahaRERA registration number on the said hoardings.

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Sai Estate Consultant Chembur Pvt. Ltd. is has been restrained from advertising any project for marketing, booking and selling or offer for sale or inviting persons for purchase of any building / apartment which has not registered with MahaRERA, though required to be registered.

MahaRERA has also directed the agency to put stickers on the future advertisement of the project which has not been registered is being advertisements that as per the directions of MahaRERA, the advertisement of the project which has not been been registered is being withdrawn and directed to mention apologize for the same.

The agency has been asked deposit the amount of a penalty at the rate of Rs. 10.000/ per day in the office of MahaRERA for the violation period of 12 days .

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RTI KATTA

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Phone – 9923299199

Website – http://vijaykumbhar.com

http://surajya.org/

Email – kvijay14@gmail.com

Twitter - https://twitter.com/Vijaykumbhar62