Civic body's mortgage scam exposed, units 'sold' multiple times

Nellore City News

Posted by AI on 2025-09-05 17:20:52 | Last Updated by AI on 2025-09-05 20:08:58

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False hopes and lost savings the aftermath of a massive scam exposed at the Nellore civic body, where mortgage documents were allegedly manipulated to sell the same property to multiple buyers.

The tale of worried looks and broken dreams can be seen in multiple residential quarters in Nellore. The desperate buyers, mostly middle-class employees and small entrepreneurs, have complained that they have been cheated by the Nellore Municipal Corporation (NMC).

The victims claim that they have spent significant amounts to purchase houses and apartments through unofficial channels, only to later discover that the ownership of those properties remained with the NMC. Moreover, many of these properties had already been sold to other buyers, exposing a daunting scam involving the tampering of official documents.

The incident came to light when victims approached the police and filed complaints in the city a few months ago. After a detailed investigation, the police discovered a major scam run by the municipality's employees, involving illegal transactions of properties worth crores of rupees.

The accused officials have been accused of tampering with property documents and selling the same units to multiple buyers, while the original owners, to whom the property was allotted during the time of allotment, remained unaware of the transactions going on behind their backs.

One of the victims, a retired government employee, complained that he had purchased a house for Rs. 3 lakh in 1994, but came to know that the property was already sold to another person in 2003.

Another buyer, a private employee, mentioned that he bought an apartment worth Rs. 4.5 crore, only to later discover that the original allotee was still in possession of the property.

The alleged perpetrators, including a senior official of the NMC, are now in police custody, assisting in the investigation. While the buyers await justice, this incident has shed light on the need for rigorous enforcement of guidelines and transparency in such transactions.

Only a thorough investigation will reveal the extent of the scam and the exact number of victims impacted.

Quote: "I am shocked to learn that my own house has been sold without my knowledge or consent," said one of the victims, highlighting the trauma and distress caused by the incident.

Conclusion: The aftermath of the expose highlights the crucial responsibility of civic bodies in ensuring transparent and legitimate transactions, and potentially saving many buyers from losing their hard-earned money. The incident has also brought into question the credibility and accountability of the Nellore Municipal Corporation, leaving the buyers worried and distressed, and eroding trust in the real estate sector.

The police investigation, expected to result in arrests and a full report, will hopefully bring the truth to light and deliver justice to the victims.

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