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Fraud case against bldr over 3.10 cr deal in Lower Parel

The Free Press Journal - Mumbai

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October 02, 2025

A Mumbai-based businessman has accused a builder of duping him of over Rs3.10 crore in an allegedly fraudulent flat sale at the Ison Heights project in Lower Parel, after waiting nearly a decade for possession.

- Avadhut Kharade

Following the complaint, the NM Joshi Marg police have registered a case of cheating against Ishwarlal Lakhada of Hatadiya Builders Pvt Ltd.

As per the FIR, the complainant, Champat Suthar, 49, who runs a glass business and resides in Chinchpokli (East), was looking to buy a new flat in 2014. Through a mutual business contact, he was introduced to real estate agent Champalal Jain, who showed him an under-construction project called Ison Heights, being developed by Hatadiya Builders on NM Joshi Marg, Lower Parel.

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