Sep 22, 2025, Vasundhara: Police have busted a major property fraud in Vasundhara’s Sector 1 where two dealers tried to steal nearly ₹77.5 lakh by creating fake documents and applying for loans without the property owner knowing about it.
The accused dealers made two different sale papers for the same property. The real paper showed the property was worth ₹75 lakh, but they made a fake one showing only ₹49 lakh and sent it to Hinduja Housing Finance to get a loan.
The scam came to light when the finance company called the actual property owner to complete the loan process. When the owner checked the papers, he found someone had forged his signature and reduced his property’s value.
“I never signed these papers and never applied for any loan. Someone was trying to steal money using my property,” the owner told police after filing a complaint at Vasundhara Police Station.
Police Take Quick Action
ACP Abhishek Srivastava immediately stopped the loan process and started investigating the case. “We are checking all the documents carefully. This matter is being looked into seriously,” he said.
Police have seized all the fake papers and sent them for forensic testing to find out who made them. The loan was stopped in time, so no money was lost and the property is still safe with the real owner.
Police sources say the main suspects are property dealer Mohit Gupta and his partner Vimal Handa, who are connected to the Handa family in the area. Both are being questioned by police and are under watch.
“We will take strict action against anyone involved in this fraud,” police officials said.
Property Frauds On The Rise
Experts say such property scams are becoming more common in NCR areas, especially in Vasundhara and Indirapuram. A 2024 NCRB report showed that document forgery cases in Ghaziabad have gone up by 19%.
Real estate lawyers say criminals are now using advanced technology to create fake documents that look almost real.
Police and legal experts have given these tips to property owners:
- Always check your property papers with a lawyer before any deal
- Keep watching your credit report for any loans you didn’t apply for
- Visit the sub-registrar office regularly to check your property records
- Report any suspicious activity to police immediately
- Never share original property documents with unknown people
Police say they are investigating if more properties are involved in this fraud. The case will go to court once the forensic report comes back.
“Property owners should be very careful and always verify before trusting anyone with their documents,” ACP Srivastava advised.
This case shows how important it is to stay alert and report suspicious activities quickly to prevent financial losses.