EOW Police Register Hyderabad Fake Land Registration Scam Case, Probe On
In a latest update on a Hyderabad fake land registration scam, the Economic Offences Wing (EOW) police have registered a case after a businessman was allegedly duped of Rs 2.15 crore. The incident has raised fresh concerns over fraudulent property deals and document forgery in the city.
According to incident details, the victim, a businessman residing in Rayadurgam, was approached by an acquaintance, Divakar Babu Parvatneni, who had rented a flat in the same apartment. Over time, the accused gained the victim’s trust and introduced a land deal.
Hyderabad fake land registration scam: Rs 2.15 crore fraud reported
Police said Divakar Babu, along with his sister Usha, claimed ownership of 1.19 gunta of land near Mattangi. They allegedly offered to sell the property at a reduced price, citing urgency.
Believing the offer, the businessman transferred Rs 2.15 crore in two instalments. The accused later took him to the Kandi registration office and convinced him that the land registration had been completed in his name through another individual.
However, suspicion arose when discrepancies in documentation began to surface. The victim later discovered that no official registration had taken place.
Forgery allegations linked to villa sale agreement
In another development, the accused allegedly collected property documents from the businessman under the pretext of helping sell his villa in Nizampet. Police said they forged his signatures and executed a sale agreement with a third party identified as Lingareddy.
The fraud came to light when Lingareddy approached the businessman seeking possession of the villa. This prompted the victim to verify the land records and registration status.
Upon visiting the Kandi registration office, the businessman reportedly learned that no land had been registered in his name, confirming the fraud.
EOW police investigation underway, case registered
Following the complaint, the EOW police registered a case and launched a police investigation into the matter. Officials are examining financial transactions, forged documents, and the role of all accused individuals.
An official statement from police sources indicated that further enquiries are ongoing to identify additional victims or linked fraudulent activities. Authorities are also verifying records at the registration office.
Background: Rising cases of property fraud in Hyderabad
The Hyderabad fake land registration scam highlights recurring concerns around real estate fraud, particularly involving forged documents and false ownership claims. Such cases often involve misuse of trust and manipulation of legal procedures.
Police have advised citizens to verify land records and registration details through official channels before making large financial transactions. The latest update underscores the need for due diligence in property dealings.
Further action is expected as the investigation progresses, with officials focusing on tracing the accused and recovering the defrauded amount.