Why did some property buyers file cases against them at police stations in areas like Bhanur?
What were some of the intriguing findings in real estate investigations?
Bharati Builders started in November 2020 when a person named Manohar Reddy, in collusion with some customers in places like Bhanur, entered into agreements to purchase 6.5 acres of land and conducted transactions in August 2021. However, the institution that acquired the land from them raised objections. They alleged that the amount promised to them was not paid and resorted to legal action. Later, even though they did not have any association with the company, they also made termination announcements in newspapers. Following this, Sunil Kumar Ahuja was charged on August 15, 2021, under IPC Sections 406, 420, and 506 in the PSR section of Pet Basheerabad. A suit was also filed. Kavitha PEL, Bishop, who are creditors, were threatened with extortion for two hours on a night in 2021. The settlement made between the two institutions is also news. As a result, Bharati Builders learned that they need to pay approximately 25 crore rupees to that company.
How did it unfold?
Recently, Bharati Builders had a discussion with some customers in places like Kompally and Bhanur. If everyone agrees, they said they would take up two projects themselves. They suggested that anyone who wants to withdraw from the project can do so. They mentioned that anyone who wants to withdraw from the project can do so. Then, they said that if anyone withdraws from the project, they will return the amount paid along with interest in two months. They made the first proposal like this. Later, some investors objected to Bharati Builders. They said that they will not return the amount paid by the investors and will instead give the remaining amount with interest. They provided an offer to give the remaining amount with interest. However, some investors are seeking a refund for the amount they paid to Bharati Builders. They are demanding a refund for the amount they paid to Bharati Builders.
