DELHI POLICE EOW ARRESTS TREASURER OF RUDRA WELFARE SOCIETY FOR CHEATING HOME BUYERS UNDER THE GARB OF LAND POOLING POLICY OF DDA.
New Delhi, February 26
The Delhi Police In their ongoing investigations in DDA land pooling scheme arrested the treasurer cum authorised signatory of Rudra Welfare Society of Dwarka for allegedly cheating home buyers worth Rs. eight crores.
The EOW identified the accused as Prahlad Aggarwal (45) of Ghaziabad. The agency had earlier arested Bharat Khanna and Paras Aggarwal, the office bearers and authorized signatories of this society.
Aggarwal was working as treasurer and authorised signatory in Rudra Welfare Society. He was having control over the society accounts and the incoming and outgoing of funds.
Jt CP EOW, OP Mishra stated that approximately eight crores was collected in this case from 290 investors in the name of providing housing under Land Pooling Policy of DDA in Dwarka while no land is registered in the name of this society. There was no authority with the Society to develop the proposed project while the DDA Policy with regard to the land pooling is still underway and is yet to be finalized and no licenses were issued so far to anyone in this policy.
The EOW said that various attractive schemes were being floated in the market by different societies a d builders in the name of DDA’s Land Pooling Policy demanding registration fee or initial payment booking of the flats. However, DDA has not issued any license or authorized any developer/ builder/ society/ company to undertake the process of development in the sectors under Land Pooling Policy. As per the notified policy in order to make the sector eligible for development, a minimum of 70% contiguous land of the developable area within the sector free of encumbrances is to be pooled.
As per the investigation 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 masses 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 officials stated.
The FIR was registered in this case in December 2020 under Section 406, 409, 420, 120B of the Indian Penal Code against Rudra Welfare Society for criminal conspiracy, cheating and fraud.
The officials said that the modus operandi of the accused was to grab the DDA’s newly launched land pooling policy as an opportunity in view of heavy housing requirement in Delhi. They would later misrepresent facts pertaining to this policy and offering affordable housing at prime locations to the persons in dire need. They resorted to aggressive marketing through mass messages, fictitious portals, electronics advertisements on e-Media, circulation of pamphlets etc. with regard to the projects and collecting investments from the public at large in the form of bookings. The also allegedly paid hefty commissions to the agents bringing the bookings of these housing projects and siphoned off the investments of the investors for personal gains.
ADVISORY FROM EOW DELHI POLICE
General public is advised to take special precautions before investing in any such scheme in the name of Land Pooling Policy of DDA and read carefully the specific guidelines and instructions issued from time to time by the DDA in this regard. Any aggrieved person may approach the office of Dy. Commissioner of Police, Economic Offences Wing, Mandir Marg Police Station Complex, Mandir Marg, New Delhi and file his complaint on any working day in office hours. The complaints may also be sent electronically at dcp-eow-dl@nic.in.
