THURSDAY, 17 SEPTEMBER 2026

Kolkata firm accuses Goan real estate company of cheating

PANAJI

In an unusual case of property fraud and cheating, a Kolkata-based firm has accused a Goan real estate developer of selling a villa to another buyer, although the former had made an advance payment of Rs 75 lakh. To compound matters, the firm claimed that when the developer eventually agreed to refund the purchase amount, the issued cheque bounced.

Jet Setters through its partner Tarakeshwar Singh has also served a legal notice to Sun Estates based in Nerul and has initiated a process to file a police complaint.

“...Being the developer of real estate accepted the advance payment of Rs 75,00,000 from my client and its partner on different dates for the sale of an apartment that you have subsequently sold to another person and agreed to refund the advance payment as full and final due,” reads the legal notice, copy of which is in possession of The Goan.

The cheque, the aggrieved party claimed, was submitted for clearance to a nationalised bank in Calangute within its validity period last month, but it was returned with the remarks ‘Insufficient Fund’.

“This itself shows the dishonest intention on your part while issuing the Cheque amounting to Rs 75 lakh...dated May 19, 2023 and on account of your dishonest intention for not making the sufficient balance in your account with the issuance of the Cheque which itself shows that you are liable for the penal consequences...” it said.

The Kolkata firm also claimed they will be filing a police complaint to ensure the real estate developer faces legal action and its amount is paid back.

This case comes at a time when several land fraud cases are being investigated by the Special Investigation Team (SIT) of the Crime Branch even as the present matter involves two companies. 


SHARE ON

Konkan Railway cashes in on Ganesh Chathurti rush

The Goan Network
Published Sep 21, 2023, 12:42 AM IST
SHARE ON

PANAJIThe Konkan Railway Corporation Limited (KRCL) is cashing on the heavy travel demand on its route during the Ganesh Chathurti festival and all the specials it has introduced are running full.The Corporation is running 312 special trains during the festival, celebrated across the Konkan region with reverence. The number of special trains is marginally higher than the 302 specials the Corporation pressed into service last year.The working population of the Konkan region,…

READ MORE

Keep Reading — More from GOA NEWS

2 more related stories queued · tap to continue reading

Home HOME News GOA NEWS Global GLOBAL GOENKAR Search SEARCH