Mumbai. Police have registered a case against eight people in connection with an alleged ₹100 crore land fraud in Mumbai’s Powai area. The accused include directors of real estate and electronics companies. The complainant has alleged that the accused used forged documents to claim ownership of the land and attempted to cause financial loss through property-related transactions. The investigation has now been transferred to the Economic Offences Wing of the Mumbai Crime Branch. No arrests have been made so far.
Powai police registered the case on Tuesday under provisions related to cheating, forgery and criminal breach of trust. The action followed a complaint filed on February 25, 2026, by 65-year-old Narottam Chitaranjan Sharma, director of Smith Properties Pvt Ltd. The complaint refers to the ownership of the land and historical documents connected with the property.
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The case concerns a larger property measuring 376 acres and 20.5 gunthas spread across Tirandas, Powai, Tungaa, Paspoli and Saki villages. The disputed portion is around one acre and 33 gunthas, equivalent to approximately 5,388 square metres.
According to the complainant, his grandfather Chandbhan Bhuramal Sharma and two others had taken the larger property on lease from Sir Mohammad Yusuf Trust under an agreement dated October 21, 1948. Chandbhan Sharma and his wife, Durgadevi Chandbhan Sharma, later purchased the property from the trust through two sale deeds dated March 30, 1964.
Sharma alleged that members of the Khandelwal family, Durga Prasad Ramcharan Pvt Ltd, Master Clock and Watch Works Pvt Ltd, Renis Electronics Pvt Ltd, Powai Vihar Developers Pvt Ltd and their associated directors allegedly conspired to claim ownership over portions of the property using fabricated documents.
According to the complaint, a development agreement executed in 2007 transferred development rights over approximately 4,276.50 square metres to Powai Vihar Developers for ₹60 lakh. The complainant alleged that subsequent claims were made over a portion of the land and transactions were carried out on the basis of those ownership claims.
Sharma further alleged that in 2021, four members of the Khandelwal family claimed ownership over approximately 1,112 square metres of land on the basis of adverse possession and transferred it to Renis Electronics for ₹13 crore. The complaint states that the parties concerned had only sub-lease rights over the property but allegedly presented those rights as actual ownership while carrying out the transactions.
Police have registered the case against eight people based on the allegations made in the complaint. During the investigation, officials are expected to examine the original lease and sale documents, development agreements, ownership claims and subsequent property transactions. The Economic Offences Wing will also examine whether the documents allegedly used in the transactions were genuine or had been fabricated.
No accused has been arrested in the case so far. The investigation is expected to establish the authenticity of the documents and the nature of the rights held by the parties involved. The allegations remain under investigation, and the claims against the accused will be subject to the outcome of the legal process.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
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