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EOW files cheating case against Trident Properties in Bhubaneswar, Real Estate News, ET RealEstate

EOW files cheating case against Trident Properties in Bhubaneswar, Real Estate News, ET RealEstate
BHUBANESWAR: The economic offences wing (EOW) of the Crime Branch has registered a cheating case against Trident Properties Private Limited, a real estate company, for allegedly duping some flat buyers in Bhubaneswar. The EOW registered the case following a recent directive by the Orissa high court.

Trident Galaxy Resident Welfare Association had in April this year lodged a complaint with the EOW alleging that the realtor sold them flats at Paikarapur, on the city outskirts, without providing basic amenities. The association recently moved the high court alleging that the EOW did not register their case.

“We had booked flats in 2011. We paid the full amount to the builder. The company had assured to provide us certain amenities in the homes. But the company reneged on its promises and sold us the flats without basic facilities like good road, adequate electricity and water supply,” association secretary Arindam Choudhury said.

The EOW said its investigation is in progress. “We have registered a case on July 31 under Sections 420 (cheating), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document or electronic record) and 120-B (punishment for criminal conspiracy),” an EOW officer said.

The realtor denied the charges. “The allegations against us are false and baseless. We too had moved the high court, which has not given any opinion on the maintainability and entertainability of the complaint against us,” Kishan Sharma, chief operating officer of Trident Properties Limited told TOI.


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Written by Realty Beat

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