Rs 600 Cr Pune Land Project Scam: Marvel Realtors’ Jhavar Alleges Forged ULC Orders, Demands CBI Probe

Koregaon Park, 6th February 2026: The investigation into the alleged ₹37.48 crore cheating case filed by prominent developer Vishwajeet Jhavar of Marvel Realtors took a major turn on Friday. Jhavar submitted a written application to the Pune Police Commissioner, Amitesh Kumar, demanding the immediate transfer of the investigation from the local police to the Central Bureau of Investigation (CBI). A writ petition has also been filed for the CBI probe.

Jhavar alleges that the fraud perpetrated by the accused—partners of ‘Goel, Patel, and Thakwani Developers’—is not merely a private dispute but part of the infamous “Pune Urban Land Ceiling (ULC) Scam” involving the fabrication of government records and collusion with public servants.

The ULC Scam Connection

In his letter to the Commissioner, Jhavar revealed that the entire land transaction in Mohammadwadi was based on five fake ULC orders dated March 23, 1999. These orders were purportedly passed by Bhalchandra Awadhal—a former revenue official specifically named in the Bombay High Court’s 2011 order regarding the massive ULC scam cases.

“The accused relied upon forged ULC orders to induce me to part with huge sums,” Jhavar stated in his letter. He highlighted that while the accused provided him with these forged orders as proof of title, they simultaneously filed sworn affidavits with the Pune Municipal Corporation (PMC) in 2011 and 2012 declaring that no such orders existed, simply to obtain building permissions.

Accused Granted Interim Bail

The letter also disclosed that the accused—Rajendra Goel of Goel Ganga Developments, Satyen Patel and Jayesh Patel of Sahyadri Industries Limited and others—were granted ad-interim pre-arrest bail by the Sessions Court on February 2, 2026. Jhavar’s legal team had opposed the bail, presenting the forged ULC documents and evidence of land sales made to third parties despite the existing agreement.

Demand for CBI Intervention

Citing a 2011 Bombay High Court order (Criminal PIL No. 6/2008) that had previously transferred 29 similar ULC scam cases to the CBI, Jhavar argued that this case fits the same pattern of “continuing, calculated, and multi-layered deception.”

“In the interest of a fair, impartial, and fearless investigation, and to restore public confidence, I request the transfer of investigation to the CBI,” the letter concludes.

Background

The original FIR (No. 0011/2026) was registered on January 24, 2026. Jhavar alleges that he paid over ₹22 crore and incurred expenses of ₹15.48 crore for a joint venture to develop 28.78 acres of land, only to find that the accused had forged titles and sold portions of the land to third parties behind his back.

The accused allegedly failed to adhere to a joint venture agreement dating back to 2011 regarding a land development project in Mohammadwadi.

Based on his complaint, the police have booked Rajendra Sitaram Goel, Jayesh Purushottam Patel, Vipul Vallabh Patel, Vallabhbhai Patel, Purushottam Patel, Chetan Purushottam Patel, Satyen Vallabh Patel, and Jignesh Vallabh Patel. The accused are partners and directors associated with the firm ‘Goel, Patel, and Thakwani Developers’ and ‘Punam Roofing Products Pvt Ltd’.

The Case Details
According to the FIR (No. 0011/2026), the alleged fraud took place between April 18, 2011, and January 24, 2026. Jhavar, representing Marvel Realtors and Developers Ltd., had entered into a partnership with the accused’s firm to develop a land parcel measuring approximately 20 acres and 8.58 acres in Mohammadwadi (Survey Nos. 16, 17, 18, 21, and 22), totally valued at over Rs 600 crores.

The complainant stated that he had paid a total of ₹22 crore to the accused between 2011 and 2013 via bank transfers (RTGS) as part of the agreement. It was agreed that an escrow account would be opened to manage the project finances jointly. However, Jhavar alleges that the accused deliberately delayed signing the necessary documents, preventing the opening of the escrow account and subsequently halting the construction work.

Allegations of Forgery and Unauthorized Sale

The FIR further states that while the accused claimed the land title was clear, it was later discovered that portions of the land (Survey No. 16 and 18) actually belonged to other individuals. Jhavar alleged that the accused misled him with false representations.

A significant breach of trust cited in the complaint occurred in 2021. The complainant discovered that the accused had sold 12 gunthas of the land in question to third parties without his consent, despite the existing development agreement. Jhavar claims that when he examined the documents regarding this sale, he found that two fake Urban Land Ceiling (ULC) orders were used, which bore the same number and date, indicating forgery.

Financial Loss

Jhavar claims to have spent approximately ₹15.48 crore on project-related expenses, including architectural plans and approvals from the Pune Municipal Corporation (PMC). Combined with the ₹22 crore paid directly to the accused, the complainant has reported a total financial loss of ₹37,48,00,000 (Thirty-Seven Crore Forty-Eight Lakhs).

Police Action
The police have registered the case under the Bharatiya Nyaya Sanhita (BNS), 2023, invoking sections:
316(5): Criminal Breach of Trust
318(4): Cheating
61(2): Criminal Conspiracy