After a case of fraud was filed in the case of constructing flats in the Silver Oak Society on the land registered in the name of the Punjab Financial Corporation, the builder, Anil Chopra, has decided to pay the corporation for the land according to its present value.
Chopra is also the owner of St Soldier Group of Institutions which has several colleges and schools across the state.
The flat owners of Silver Oak Apartments on Nakodar Road had registered a case of fraud against Anil Chopra and his son on December 5. Initially, Chopra was adamant claiming that the land belonged to him
Following this, Chopra deposited Rs 1.11 crore with the Punjab Financial Corporation (PFC) in second week of last month and has also submitted an affidavit promising to pay remaining Rs 2.89 crore till January 10.
BK Gupta, deputy general manager, PFC, confirmed Anil Chopra had deposited Rs 1.11 crore out of Rs 4 crore, the estimated price of land measuring 6.7 canals that actually belonged to the corporation on which flats were being constructed.
Meanwhile, the city police headed by additional deputy commissioner of police-II Harpreet Singh Mander will conduct another inquiry into the case.
Raman Kumar, a member of the Silver Oak Residents Welfare Society, said after Chopra shows them documents of the said land proving it belongs to him they will decide about the future course of action.
A case was registered against Chopra and his son Rajan under section 420 (cheating and dishonestly inducing delivery of property), 465 (punishment for forgery), 467 (forgery of valuable security, will), 468 (forgery for purpose of cheating), 471 (using as genuine a forged) of the IPC after inquiry was conducted by ACP (west) Ravinder Pal Singh Sandhu.
The Silver Oak Residents Welfare Society had alleged that the Chopras duped them by selling flats in 2002, 2003 and 2004 stating that they were constructed on their land.
The residents said the PFC issued notices to sell the land where 24 flats are situated of a total of 72 flats.
The police inquiry before registering the FIR against the Chopras had also found that the residents had registries of these flats on their name, pointing a finger towards the involvement of the then revenue officials.
The FIR had put the role of certain officials of Jalandhar Municipal Corporation under scanner as they also passed the map of the colony without checking ownership of the land.
The registry of flats was done in the name of residents with the sub-registrar-2, Jalandhar, as the undersigned official.