Posted by AI on 2025-08-26 04:21:48 | Last Updated by AI on 2025-12-15 09:09:28
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paragraph 1: In a bizarre turn of events, the Cyberabad police have been drawn into a real estate controversy in Mokila, Rangareddy district. The Economic Offences Wing has filed a case against the directors of Countryside Realtors India Private Ltd after a complaint from villa owners in the area.
paragraph 2: The complainant, Roshan, a software engineer, and other residents of Westend Greens gated community have alleged major financial loss and emotional distress due to alleged cheating, fraud, extortion, and criminal intimidation by the real estate firm. They claim that the company sold them villas in a proposed gated community with necessary approvals from the Hyderabad Metropolitan Development Authority. But these claims have been refuted and it is alleged that the required approval from HMDA had expired in November 2017 and never reached final approval.
paragraph 3: These villa owners have also complained that the developers coerced them into providing blank cheques and instructed them to deposit maintenance fees into unrelated accounts. To top it all off, the realtors reportedly changed their registered address and bank accounts without warning. This move forced the change from a registered location in Kavuri Hills to the incomplete Westend Greens layout.
paragraph 4: Out of the 117 villas, only 20 homeowners have received possession in the last 12 years. Despite this, they have not been able to secure OC certifications. This renders their possession unlawful without the required GO 168 certifications.
paragraph 5: The FIR also mentions alleged retaliatory actions by the developers, including disconnection of electricity and use of security personnel to block access to villa owners.
Ultimately, this news article sheds light on a developing situation that highlights the need for stricter government oversight and stronger consumer protection in the real estate market.
Through this controversial case, we see the all-too-real impact of fraudulent practices on ordinary people and their livelihoods.
Only time will tell if justice will be done and if authorities will succeed in uncovering the truth behind this real estate mystery.