MUMBAI: Powai police on Tuesday registered a case against eight people, including directors of real estate and electronics companies, for allegedly using forged documents to grab land and defraud its owner of an estimated Rs 100 crore.The case has been transferred to Economic Offences Wing of Mumbai Crime Branch. No arrests have been made.The case involves one acre and 33 gunthas, or 5,388 square metres, from a larger 376-acre and 20.5-guntha property across Tirandas, Powai, Tungaa, Paspoli and Saki villages.Police registered the case for cheating, forgery and criminal breach of trust following a complaint filed on February 25, 2026 by Smith Properties Pvt Ltd director Narottam Chitaranjan Sharma, 65.According to Sharma, his grandfather Chandbhan Bhuramal Sharma and two others had leased the 376-acre and 20.5-guntha property from Sir Mohammad Yusuf Trust under an agreement dated October 21, 1948.Chandbhan and his wife, Durgadevi Chandbhan Sharma, subsequently purchased the property from the trust through two sale deeds dated March 30, 1964.Sharma alleged that members of Khandelwal family, Durga Prasad Ramcharan Pvt Ltd, Master Clock and Watch Works Pvt Ltd, Renis Electronics Pvt Ltd, Powai Vihar Developers Pvt Ltd and their directors conspired to claim ownership of portions of the property using fabricated documents.A 2007 development agreement allegedly transferred development rights over 4,276.50 square metres to Powai Vihar Developers for Rs 60 lakh.In 2021, four members of Khandelwal family allegedly claimed ownership by adverse possession over 1,112 square metres and transferred it to Renis Electronics for Rs 13 crore.The complainant alleged that the accused had only sub-lease rights over the land but falsely claimed ownership while executing the transactions. TOI is in possession of the FIR registred against the eight who have accused in the Rs100 crore case.
