Mumbai police books real estate developer over Rs 50 cr forgery case

The Economic Offences Wing of Mumbai police on Friday arrested a real estate developer from Ahmedabad Airport in a Rs 50 crore forgery case, an official said. Yusuf Lakdawala had allegedly attempted to usurp four acres of land in Khandala, worth Rs 50 crore, by submitting forged documents to the registrars office, the official said.

"He is also accused of destroying original documents from the Mumbai registrar's office. Acting on a tip off that Lakdawala was planning to leave the country, we sent a team and picked him up from Ahmedabad airport," he said. Lakdawala has been booked under section 465 (forgery) and other relevant provisions of IPC and Indian Registration Act for making false statements, delivering false copies, he said..

(With inputs from agencies.)