Delhi Police EOW arrested two for allegedly duping citizens in the name of DDA land pooling scheme
New Delhi, March 21
The Delhi Police EOW held two for allegedly duping citizens in the name of DDA (Delhi Development Authority) Land Pooling Scheme.
The accused were identified as Ashok Atri (47) of Sakar Basti and Prabha Shankar Singh (50) of Dwarka, the directors of the M/s Delhi Infratech Ltd. were apprehended.
Add DCP K Ramesh stated the accused have been booked under misappropriation and siphoning of funds and the roles of other conspirators and associates is in progress.
As per the investigation of the EOW and the contents available on the alleged website, it has come out that the name of land pooling policy of DDA has been used to give an impression and spread a message in the gullible people that the projects are duly authorized by the competent authority. In this way, the facts have been misrepresented and the material information with regard to the DDA’s approval pertaining to the proposed projects has been suppressed in order to induce the public at large.
The investigation has revealed that Delhi Development Authority (DDA) envisaged a policy in the name of Land Pooling Policy for ensuring availability of sufficient houses under planned development of Delhi and in anticipation of this scheme, various Builders and Promoters grabbed it as an opportunity to exploit the situation by showing rosy pictures to innocent flat buyers and raised huge advances from them for bookings in the name of registration/allotment etc.
The officials stated that as per the report procured from DDA, it has not issued any license or approval to any of these Societies and no one is authorized to advertize/Market/book/sell/invite persons to purchase any plot/flat in any project under the land pooling area without any prior registration of the project under RERA.
Amount of approximately Rs. 25 crores was collected by the alleged Company M/s Delhi Infratech Ltd. from about 400gullible investors in the name of making flats available to them at Dwarka, New Delhi under Land Pooling Policy of DDA.
The EOW stated that the accused used to grab the DDA’s newly launched Land Pooling Policy as an opportunity in view of increasing housing requirement in Delhi. They led to inducement to the public through misrepresentation of the facts pertaining to this policy and offering affordable housing at prime locations to the persons in need. They also used aggressive marketing through mass messages,fictitious portals, electronic advertisements on social media, circulation of pamphlets etc. with regard to the Society Projects and collecting investments from the public at large in the form of advance bookings. They also allegedly charged hefty commissions to the agents bringing the bookings of these housing projects.
The accused have been booked under Section 406, 420, 120B and 34 of the Indian Penal Code for cheating, fraud and criminal conspiracy.
