Dinesh K Sharma, Editor

ED raids GBP builders in Chandigarh: accused of duping crores are absconding; Many documents, cash, and Audi seized.

ED raids GBP builders in Chandigarh: accused of duping crores are absconding; Many documents, cash, and Audi seized.

Dinesh K Sharma

Chandigarh: The Enforcement Directorate (ED) has raided the premises of Gupta Builders and Promoters (GBP), who are absconding in the case of not giving possession on time despite taking crores of rupees from customers. According to the information, the ED has raided 19 locations including GBP and other embellishments. The raid has been conducted simultaneously in Chandigarh, Ambala, Panchkula, and Delhi. According to sources, during the raid, the ED seized several incriminating documents, worth Rs 85 lakh, during the Audi Q7 car search.

According to the information, cases are also registered against the builder in Punjab and Haryana. Cases have been registered against builders Satish Gupta, Raman Gupta, Pradeep Gupta, and Anupam Gupta associated with GBP. All of them are absconding.

Chandigarh Police has registered 9 cases against GBP on the different complaints of the customers, who were duped crores of rupees in the name of getting them flats. The promoters of the real estate and housing project group are fugitives. According to sources, he fled abroad fearing arrest. About 3 weeks ago, the EOW department of Chandigarh Police registered a fresh FIR on the complaints of 29 people. Each person was cheated between Rs 39 lakh and Rs 55 lakh. The case was registered on the complaint of Darmian Singh of Sector 20.

File photo of the people who were cheated while protesting outside the GBP office.