The chargesheet was filed by ACB in the court of Thane Additional Sessions Judge M C Khadke yesterday.
The accused include officials of Revenue Department, Co-operation Department, CIDCO and real estate developers, who according to the document, conspired to cause monetary losses to the exchequer.
They were charged under the Prevention of Corruption Act and relevant sections of the Indian Penal Code (IPC).
As per the chargesheet, the Government servants misused their designations/posts and indulged in corrupt practices to provide favours to Shree Om Shanti Co-operative Housing Society here nearly three decades ago.
ACB said a piece of land was allotted to the housing society in July 1984 by CIDCO at the rate of Rs 77 per sq metre when the then market rate was Rs 240 per sq metre.
After obtaining the plot, the society applied to CIDCO for additional land ad-measuring 3,060 sq metres. The CIDCO board approved allotment of extra land in July 1986 at the rate of Rs 100 per sq metre when the market price was Rs 300 per sq metre.
Three other accused, including Govind Ganpat Surve, the then Land Surveyor of CIDCO, and Pyarelal Ramikishore Prajapati, Chairman of the society, died in the course of investigations. Two others, a father-son duo, remain untraceable, the ACB said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
