Family Feud: Mumbai Police Release Builders Shrikant Paranjape And Shashank Paranjape After Questioning

Paranjape builders arrested by Mumbai Police from Pune
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Mubarak Ansari
Mumbai/Pune, 25th June 2021: After questioning builders Shrikant Paranjape and Shashank Paranjape for hours, Mumbai Police released them today evening. They were detained on Thursday around 8.30 pm and taken to Vile Parle police station where an FIR has been registered by their relative.

“The complaint was filed by one of our family members due to the misunderstanding about the share in our ancestral property. My father Shashank and uncle Shrikant were called at the Vile Parle Police Station to explain their side of the story along with a few more members of the Paranjape family, especially their cousins. It may be noted all the members of the Paranjape family are together except the complainant”, said Amit Paranjape, Director, Paranjape Schemes (Construction) Limited.

He further informed, “The police officers at Vile Parle police station have already clarified that there were no arrests in this regard. This entire matter is nothing but the internal family dispute about the share in the ancestral property and it has nothing to do with our real estate development business and the firm Paranjape Schemes (Construction) Limited. Both my father and uncle have returned to Pune.”

According to DCP Manjunath Singe, an FIR for cheating and forgery was registered on Thursday. The Paranjape brothers were brought to Mumbai for questioning. The complainant has also named Madhav Paranjape, Raghvendra Pathak, R Patil in her statement.

Vasundhara Dongare (69), daughter of Baburao Paranjape, had filed an FIR with Vile Parle police station in January also against her uncle Purushottam Paranjape’s sons Shrikant Paranjape and Shashank Paranjape, as well as her brother Jayant Paranjape and others for allegedly denying her natural property rights under the Hindu Undivided Family (HUF). Shrikant Paranjape is the chairman and Shashank Paranjape is the managing director of Pune-based Paranjape Schemes (Construction) Ltd.

She had alleged criminal conspiracy to forge the signature of her mother Saraswati Paranjape. The accused used the signature after her death (in 1992) for giving oral NOC to the deemed conveyance of Krishna co-operative housing society, Vile Parle, through a non-existent Paranjape Developers Pvt Ltd.

The society was constructed by Paranjape Land Developers Ltd in the 1990s on 4541 sq metres of land owned by the Paranjape family. It applied for deemed conveyance in 2011 and the Deputy Registrar of Societies granted it on December 19, 2013. The land of the society was also sold without her knowledge, she stated in the FIR.