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FIR Filed Against Aiko Builders’ Director in ₹30 Crore Scam

MUMBAI: Neeraj Vora, the director of Aiko Builders Pvt Ltd, has been accused of defrauding a construction entrepreneur in Vasai of Rs 30 crore related to a real estate transaction concerning a plot in Mira Road. The Manikpur Police registered a First Information Report (FIR) against Vora on allegations of cheating and forgery. The complainant, Akash Gupta, reported that in 2021, Vora approached him for funding to develop a two-acre parcel of land at Mira Road, promising allocation of 1 lakh sq ft at a price of Rs 2,970 per sq ft. Vora purportedly claimed to own the land and…

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Mumbai Builder Accused of Cheating Investor in Mira Road Deal

MUMBAI: Neeraj Vora, Director of Aiko Builders Pvt Ltd, has been accused of cheating a construction businessman from Vasai out of crores in a real estate transaction involving land in Mira Road. The Manikpur police filed an FIR against Vora for charges including cheating and forgery. Complainant Akash Gupta claims that in 2021, Vora solicited funds for the development of a 2-acre, 25.75-guntha property at Mira Road, assuring him of 100,000 sq ft at Rs 2,970 per sq ft. Vora allegedly claimed ownership and indicated that a total investment of Rs 30 crore was necessary. An MoU was signed on…