Supreme Law News

Noida man pays crores for property — only to find out it belongs to local body

Officials said the accused, Shravan Kumar Chaudhary, Director of Gujara Construction Pvt Ltd, was arrested from Gate No. 5 of Terminal 3 at Indira Gandhi International Airport.

Noida police arrested construction firm director, Noida resident cheating, Noida Authority, Gujara Construction Pvt Ltd, Indira Gandhi International Airport.

Sushil Kumar had filed a complaint alleging he was cheated by Chaudhary on the pretext of a Rs 9 crore property deal in Dadri tehsil.

Gautam Buddha Nagar police arrested a 52-year-old director of a construction firm for allegedly cheating a Noida resident of over Rs 2.33 crore by trying to sell him property that actually belonged to the Noida Authority.

Officials said the accused, Shravan Kumar Chaudhary, Director of Gujara Construction Pvt Ltd, was arrested from Gate No. 5 of Terminal 3 at Indira Gandhi International Airport.

On July 31, Sushil Kumar had filed a complaint alleging he was cheated by Chaudhary on the pretext of a Rs 9 crore property deal in Dadri tehsil. Officials said the accused had gone to London since then and a lookout circular was also issued against him.

Police said the suspect allegedly created a contract to sell the Rs 9 crore property and even received Rs 2.33 crore from the complainant, but the said property actually belongs to the Noida Authority. “A cheating case was registered against Kumar at Phase 1 police station in July.

He was arrested just as he arrived at the airport. Further legal action is being taken,” said Shakti Avasthy, Additional DCP, Noida.

According to the FIR, the contract was signed on November 25, 2022, between both sides. The complainant said he had paid over Rs 2.33 crore in two installments — Rs 90 lakh as a token amount and Rs. 1.43 crore later.

“… Whenever I asked the seller to execute the registry, he kept on avoiding me or postponing it. Then I felt there was something fishy. When I checked the details of the property at the Registrar office, I found that it belongs to the Noida authority. I realised I was cheated,” read the FIR.

The moot question is Will the buyer get his money?

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