sai-developer-2One of the most popular builder group’s has run into deep trouble. Very soon the Navi Mumbai Police is going to declare all the three promoters of Sai Developers as absconding. It may be recalled that the arrest of former DCP Kapse exposed a scam on Kharghar where Sai Developers had sold off a plot meant for housing of police personnel at Kharghar. What stands as Chaturbhuj today was actually a plot allotted by CIDCO to a housing society meant for the police. Former DCP Kapse was the promoter of the project who in nexus with Sai Developers commercially exploited the plot for profits. The fraud was exposed when police who had paid to Kapse for homes investigated the development on their plot and found that it was sold to a private builder. Kapse also allegedly submitted fraud documents to the state as proof that flats in Chaturbhuj were sold to police personnel. When a FIR was filed in the case, the Kharghar police arrested former DCP Kapse while the police is still on the look out for the promoters of Sai Developers viz. Nalin Sharma, V Kadu and Suresh Patkar. The investigating officer informed us that all the three builders are involved in the fraud. The police have searched for them at their home, office and sites and has started the procedure to declare them absconding. The officer informed that their involvement is clear in the fraud as the all the three builders knew that the plot was meant for the police, yet they sold it off to others. SPI Solankar informed that whenever any of the trio is found, they will immediately arrested. The fraud has however so far has not shown the role or involvement of any CIDCO officer. With cameraperson Roshan Hate, Monika Bhosale for NMTV News.

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