Beware of property dealers who promise you deals at rates lower than the existing market rates. K N Aggarwal, a retired export businessman residing in Noida Sector 40, was duped of Rs 15 lakh by a property dealer who opened an account using a fake identity, encashed the cheque and vanished.
In his complaint lodged with the station house officer at Sector 39 police station on Tuesday, Aggarwal said Vikram Sharma, a property dealer whose office was in Noida Sector 62 promised him a flat at a rate that was Rs 200 less per sq m than the existing market rate. I confirmed with my relatives and realised that the deal was profitable, Aggarwal said.
Aggarwal paid Rs 5 lakh by cheque and Rs 10 lakh in cash. “Sharma told us the deal is valid only if we pay him Rs 15 lakh on the very day the deal was to be signed. We paid him the amount and signed the deal. After a month, when the cheque was cleared, we went to the Noida Authority for house registration. The officials there told us the house was registered in the name of Ramvati, a resident of Delhi, the victim said.
More : indianexpress.com
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