A real estate agent from Umbargaon in Gujarat was arrested Friday by Palghar Police in Maharashtra for an alleged murder.
Lalit Vakharia (48), resident of Bhayndar near Mumbai, was found strangulated in his car at Paras Wadi in Talasari area of Palghar district on July 1.
Probe zeroed in on Mayur Bhandari (35), a real estate agent from Umbargaon, who had had financial dealings with the victim who was in the same business, said senior police inspector Jitendra Vankute of the Local Crime Branch.
Vakharia allegedly owed money to Bhandari and was not returning it, nor was he responding to Bhandari's calls, the police official said.
Bhandari then allegedly decided to kill him. One of his friends called Vakharia posing as a financier and asked him to come to Talasari for a land deal, inspector Vankute said.
Bhandari allegedly strangulated Vakharia when he reached the meeting spot and put his body in the former's car before fleeing.
Police are on the look-out for his friend who was the co-conspirator, the inspector added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
