Rs 23 crore cheating case on Mumbai builder, directors of real estate firm

MUMBAI : Police have registered a Rs 23 crore cheating case against Kamala Mills owner Ramesh Govani along with directors of Shivam Parivar Developers Pvt Ltd over complaints by a company.
The FIR has named directors Ajit Bhosle, Pramod Bhosle and Sanjay Bhosle as accused. The FIR was registered on the order of magistrate court, Dadar.
The case was filed by Vyoman Infrawest Pvt Ltd and Vyoman India Pvt Ltd which alleged that in 2013 Govani and the directors of Shivam Parivar Developers misled them into investing in a redevelopment project at Parmar Guruji Marg, Parel, by promising high returns.
The project, backed by Shivam Parivar Developers, assured investors would receive prime space in the upcoming construction at a concessional rate, the complaint said. The project was to be completed in three to four years. In 2018, though, when the complainants requested investment-related documents, Govani and his associates allegedly failed to provide them.
In 2020, the BMC extended the project deadline to Dec 2021, but there was still no progress on the development. Realising they had been deceived, the complainants lodged a complaint with the police but cops refused to take cognizance, after which the complainant filed a private complaint in Dec 2024, they alleged. — S Ahmed Ali