Customers Cheated of Rs 3273 Cr by Real Estate Companies in Bengaluru: CID

Team Udayavani, Jul 29, 2017, 3:36 PM IST

Bengaluru: Crime Investigation Department (CID) in Bengaluru has taken necessary action after holding investigation into Rs 3273 crore worth real estate fraud cases in which real estate companies cheated their customers on the assurance of sites at prices cheaper than market rate, said CID Director General of Police Kishore Chandra and CID Assistant Director General of Police Pratap Reddy speaking to media persons in a press conference here in the state capital on Saturday.

As many as 422 real estate fraud cases have been registered against various real estate companies in Bengaluru so far. Such fraud real estate companies used social media sites to spread information on their deal and cheat innocent customers, the officers said. The list of fraud real estate companies who cheated their customers are given below…