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Mumbai builder, kin held for reselling mortgaged flats to buyers

The family has been booked in similar cases by the Kandivli and Charkop police; no arrest made yet in the case

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The Charkop police have booked a builder and his family members for allegedly selling several flats to a customer on which he had availed loans from 
various banks. According to the police sources, the complainant, a 65-year-old retired man, bought a flat by paying Rs 76 lakh to developer Rajesh Dhanjibhai Sawala in Shiv Ganga society in Bhabrekar Nagar, Kandivli West.

However, he received a notice from Kotak Mahindra Bank which had the same address and flat number, but the name was of Mahesh Sawala and his wife Hiral Sawala. The notice stated that the couple had taken a loan of Rs 56.80 lakh. When he inquired about this with his lawyer and others residing in the building, he got to know that several other flat owners had a similar complaint.

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