Thane police disclosed on October 3 that a cheating case had been registered over alleged fraudulent sales in a residential project. In a Press Trust of India report published by Rediff that day, an official said Mumbra police were investigating a complaint involving ₹13.57 crore.
The complaint was made by Premium Builders and Developers. Police alleged that people used forged builder agreements to sell 25 flats and seven commercial units and collect advance payments between February 2024 and September 2026. The officer said both the developer and prospective buyers were affected.
The current development is the police disclosure of the registered case, rather than a claim that all the alleged transactions happened on October 3. The report did not give the precise registration date or announce arrests. Police said efforts to trace those accused were continuing. Registration of a case is the start of an investigation into allegations, not proof that the alleged fraud occurred or that any person is guilty.