Mumbai: Royal Realtors partner who cheated buyers of Rs 11 crore gets three years jail

Dated on: Thursday 16th November 2023

A 50-year-old developer was sentenced to three years in prison by a magistrate's court for defrauding flat purchasers in a redeveloped Byculla building, totaling nearly Rs 11 crore. The primary complainants, a mother-son duo, had paid the full amount of Rs 57 lakh for a 1,000 sq ft flat in 2012.

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