The accused Preeti Bansal and her husband Vinod Bansal were arrested from a house near Haidarpur Metro Station in Shalimar Bagh area on Thursday, DCP (South) Ishwar Singh said.
According to police, Krisha Devi, a resident of Green Park filed a complaint of cheating of worth Rs 3.3 crore at Safdarjung Enclave Police Station. An FIR has been registered under relevant sections of IPC.
In her complaint she stated that she used to visit a beauty parlour in Green Park and its owner Kusum Goel allegedly lured her to buy a property in the area at a substantially lower price of Rs 3.43 crore.
Following this Krishna paid Rs 5 lakh as advance to Goel in July 2015. On July 31, 2015, a new agreement between Krishna and Preeti was made after which she paid Rs 20 lakh as token money.
Later, the complainant also paid remaining Rs 3.1 crore to the accused. But, when she visited the property bought by her in December, 2015, she found that it was allegdly mortgaged to a bank.
"They used to lure the people on the pretext that the property is in posh area, prime location and its floor can be purchased on nominal prices as compared to market rates. In this way, they have cheated four people," the officer 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
