Pune: Homebuyers Duped Of ₹2.03 Crore At Ganga Fern Hill Project In Undri, One Accused Held
Pune: One Arrested, Another Absconding In ₹2.03 Crore Housing Scam At Undri’s Ganga Fernhill Project
Pune Pulse Staff Reporter
Pune, June 11, 2026: A major housing fraud involving more than ₹2.03 crore has come under spotlight at the Ganga Fernhill residential project in Undri, Pune, with police registering a case against a former senior sales manager, a CRM executive, and a third individual whose bank account was allegedly used to divert customer payments.
According to the FIR lodged by a company employee, the alleged fraud took place between August 2024 and March 2026 at the Ganga Fernhill project in Undri.
The complaint names former Senior Sales Manager Simon Rony Peter, CRM team member Vikram Sadashiv Abnave, and B. Chandrashekhar of Gurugram, Haryana, whose bank account was allegedly used to receive customer payments.
The alleged scam came to light after a member of the sales team informed company officials that customer payments for flats and parking spaces were being collected outside official company channels. An internal inquiry reportedly revealed that several buyers had transferred money to a private bank account instead of the company’s account, while some payments were accepted in cash.
During questioning, Simon Peter allegedly admitted to receiving funds through a private account and issuing forged receipts resembling official company receipts, complete with a fake company seal. Company officials stated that the counterfeit receipts closely matched genuine documents, making it difficult for customers to detect the fraud.
The FIR further alleges that CRM executive Vikram Abnave manipulated the company’s software system by creating false payment entries for certain flats. These entries enabled temporary possession letters to be issued despite the company not having received the corresponding payments. The records were allegedly altered again later to conceal the irregularities.
Investigators identified payments linked to more than 30 flat buyers across multiple buildings in the project. The total amount allegedly misappropriated has been calculated at ₹2,03,78,905.
The complaint alleges that the accused collected money from customers, diverted online payments to a private account, accepted cash transactions, and made unauthorised promises related to furniture, parking spaces, and other benefits.
Police have registered the case and initiated an investigation. The probe is being led by Police Inspector Ratnadeep Ambadas Gaikwad.
Further investigation is underway to trace the flow of funds and determine the full extent of the alleged fraud.
