Residents of Rudransh apartments in Virar East, the first to come under the scrutiny of VVMC Assistant Commissioner Ganesh Patil, have blamed the bank for approving the loans based on fake documents. Angry and confused, with the scam rendering them homeless, the residents have two questions: where will they live now and how will they pay back the hefty loans. Many had invested their life’s savings in a ‘better home’, but they are now left with nothing.

All money lost

Among the many flat buyers at Rudransh is Virender Kumar Yadav, a 48-year-old bus driver. “We owned a chawl at Poonam Nagar in Andheri, which we sold for Rs 14 lakh. We added our life’s savings of Rs 6 lakh and bought our new home—a 350-sqft 1bhk at Rudransh in Kopri village,” said Suraj Kumar Yadav, 20, who is pursuing BTech under a scholarship programme.