Exposed: How Estate Agents make false claims to trap societies going for redevelopment
What Fresh Documents & Videos reveal about the Concrete Sire Sukan scam – part 1 Mumbai, October 1, 2015: Mumbai is full of redevelopment activity that feels less like an honest business, and more like hostile takeover or creeping acquisition of flat-owners' assets. Cooperative housing society members who are at the receiving end of such takeovers should read this article to understand how exactly this activity is carried out. Interesting documents and videos have been released by the motley bunch of builders and estate agents engaged in a hostile takeover of Shree Gurukrupa Nagar Cooperative Housing Society in Mulund West. In late 2013 or early 2014, Bharat Talesara alias Jain, an estate agent or “redevelopment consultant”, approached the office bearers of Shree Gurukrupa Nagar CHS and convinced them to let him handle their redevelopment. The office-bearers agreed to rig the society's tendering process and select him. To facilitate this rigging, Atul Mehta (B.E. Civi...