Builder Arrested for Rs 300 Crore Fraud in Gurugram
ECONOMY & POLICY

Builder Arrested for Rs 300 Crore Fraud in Gurugram

The Delhi Police have arrested Varun Puri, a 38-year-old builder, for allegedly cheating 485 flat buyers in Gurugram out of over Rs 300 crore. Puri, who had been declared a proclaimed offender and was wanted in 45 cases, was apprehended in Indore, Madhya Pradesh, on October 25.

Puri, along with his brother Vikram and father Raman, ran Universal Buildwell Private Limited, which launched the Universal Aura project in Sector-92, Gurugram. Despite collecting Rs 300 crore from buyers, the company failed to deliver the promised flats, leading to multiple complaints across Delhi-NCR.

The Economic Offences Wing (EOW) registered five cases against the company. A Rs 1 lakh reward was announced for the arrest of Varun, his brother, and their father. After extensive surveillance, Puri was nabbed by a police team led by inspectors Manender Singh, Neeraj Kumar, and Sundeep Yadav under ACP Sanjay Dutt's supervision.

The Delhi Police have arrested Varun Puri, a 38-year-old builder, for allegedly cheating 485 flat buyers in Gurugram out of over Rs 300 crore. Puri, who had been declared a proclaimed offender and was wanted in 45 cases, was apprehended in Indore, Madhya Pradesh, on October 25. Puri, along with his brother Vikram and father Raman, ran Universal Buildwell Private Limited, which launched the Universal Aura project in Sector-92, Gurugram. Despite collecting Rs 300 crore from buyers, the company failed to deliver the promised flats, leading to multiple complaints across Delhi-NCR. The Economic Offences Wing (EOW) registered five cases against the company. A Rs 1 lakh reward was announced for the arrest of Varun, his brother, and their father. After extensive surveillance, Puri was nabbed by a police team led by inspectors Manender Singh, Neeraj Kumar, and Sundeep Yadav under ACP Sanjay Dutt's supervision.

Next Story
Infrastructure Transport

HMRTC to Extend Metro from Gurugram to Jhajjar

The Haryana Mass Rapid Transport Corporation (HMRTC) is progressing with plans to extend the Gurugram Metro from Basai to Bhadsa in Jhajjar, with the ridership survey expected to be completed by the end of January, according to HMRTC officials. In March, the authority had requested Railway India Technical and Engineering Services (RITES) to conduct a ridership survey, which will play a crucial role in finalising the project. The proposed route, covering 23.1 km from Basai to Bhadsa, will alleviate heavy traffic on this stretch. The ridership survey will determine whether the extension should p..

Next Story
Building Material

Siam Cement BigBloc Construction bags Tata Project’s order

SIAM Cement BigBloc Construction Technologies, a joint venture between Gujarat based BigBloc Construction and Thailand’s SCG International Corporation, has secured a work order from Tata Projects for supply and installation of AAC Panels for India’s first Semiconductor unit of Micron India in Sanand, Gujarat. The work order of approx. 2 lakh square feet is for supply and installation of 100 mm AAC panels for Micron India’s semiconductor factory at Sanand. The work order was finalized after several rounds of meetings, thorough due diligence, and factory visits, including review of mock-u..

Next Story
Infrastructure Urban

Zoomlion Releases World's Tallest Straight Boom Aerial Work Platform

Zoomlion Heavy Industry Science & Technology has released a series of groundbreaking aerial work platform (AWP) products, including the world's tallest straight boom aerial work platform, the ZT82J, with a height of 82.3 m. These innovative products further solidify Zoomlion's leadership in the AWP sector and underscore its commitment to global market development. The ZT82J marks Zoomlion's third instance of setting a world record in straight boom AWP following the 68-meter and 72-meter products. The 82.3-meter AWP boasts a platform amplitude of 34.1 meters, a maximum working load of 454 kilog..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000