Agent vanishes after Duping tenants of Rs 1.8 cr

Agent vanishes after Duping tenants of Rs 1.8 cr

A Mira Road based estate agent has disappeared with his family after allegedly duping prospective tenants of heavy deposit to talling more than Rs 1.8 cr . Hardik Shet , the agent , is said to have left behind a note in Gujarati, alleging that he was being harassed by a few people and that he feared for his life.

Under heavy deposit scheme which is common practice in Mira road and Bhayender , tenants pay a lump sum amount of rs 2 lakh to 4 lakh to flat owners , thereafter they do need to pay a monthly rent. The leave and license agreement is for 22 to 33 months. When tenant vacates the flat , the owner returns the entire deposit amount.

Last month , 38 tenants who had paid the sum in cheques filed a complaint with Kashimira police . Several victims who had paid in cash , though , do not have any proof of the money exchange . Police source said the amount real estate agent swindled may well run into 5 crore.