A developer, Apurva Paresh Shah, along with his firm Padmavati Maitri Corporation LLP and associates, has been booked by Mumbai’s Dindoshi police. They allegedly cheated construction contractor Bharat Patel and his family-run companies of nearly ₹6 cr in connection with the Maitri Gaurav Housing Society redevelopment in Goregaon.

Agreement timeline: Patel’s firms—Vaibhav Corp, Rashmi Buildcon, and Radhe Civicon Pvt Ltd—signed an MoU on 31 May 2015.

Work vs. payment: From 2015 to 2023, they executed civil work worth about ₹7.12 cr but were paid only ₹1.15 cr.

Allegations: Shah is accused of making false promises, withholding project documents, and illegally selling 8 of the 9 flats reserved for the contractors, leaving the project unfinished.

Charges filed: The FIR includes cheating, criminal conspiracy, and misappropriation of funds, with losses totaling approximately ₹5.97 cr.

This is a fresh development reported today, 16 June 2025, highlighting how the contractor has suffered significant financial and project delays.

Let me know if you’d like updates on the investigation, background on these parties, or related housing fraud cases.

sources