hyderabadupdates.com Real Estate FIR filed against Ocean Seven Buildtech for ₹217 crore housing fraud

FIR filed against Ocean Seven Buildtech for ₹217 crore housing fraud

October 27, 2025October 27, 2025| Ai Generated Article, credits to ogrinal websiteAi Generated Article, credits to ogrinal website| 0 Comment| 5:34 am
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Delhi Police’s EOW has filed an FIR against Ocean Seven Buildtech and its MD for allegedly cheating homebuyers and diverting Rs 217 crore from the incomplete Expressway Towers project. Buyers accuse the developer of misrepresentation and fraudulent resale of units, while the developer denies fraud, citing pandemic and NGT restrictions for delays.

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