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Two complaints filed at Bopal police station have accused developers linked to Privilon Buildcon LLP of cheating investors of around INR 2.22 crore through unapproved property projects in Ahmedabad's Ghuma area. The complainants alleged that payments were taken for a shop and a 2BHK flat in projects that had no land ownership or RERA approvals. Despite repeated assurances, construction never began. Police have registered FIRs and initiated an investigation to verify documents, trace fund flows, and assess whether more investors were affected.
Police in Ahmedabad have registered two FIRs against developers associated with Privilon Buildcon LLP following allegations of cheating investors in separate real estate transactions worth approximately INR 2.22 crore. The complaints were lodged at Bopal police station and relate to proposed commercial and residential projects in Ghuma village, located on the city's western outskirts. Advertisement
According to one complaint, a farmer from Dhandhuka taluka paid INR 21 lakh for a shop in a proposed multi-storey commercial project after being assured that approvals were in place and construction would begin shortly. The complainant stated that the developers later removed construction materials from the site and failed to initiate any work. It was subsequently found that the developers neither owned the land nor held a valid development agreement for the project.
The second FIR was filed by a South Bopal resident and his wife, who together paid INR 27.6 lakh for a 2BHK flat in a residential project promoted by the same group. They alleged that brochures, site boards, and agreements suggested valid development rights, but later checks revealed that the project lacked RERA registration and lawful land ownership.
Both complaints stated that payments were collected through cheques, RTGS, UPI transfers, and cash, supported by receipts and documents that police now believe may have been fabricated. The FIRs have invoked charges related to cheating, forgery, and criminal conspiracy. Investigators are examining financial trails and project records to determine the scale of the alleged fraud and whether additional buyers were misled.
Incidents of this nature have surfaced in Ahmedabad in the past, particularly in peripheral growth corridors, where investors have faced losses due to unregistered projects and false claims related to land titles and approvals.
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