MUMBAI: The Byculla police on Saturday registered an FIR against two directors of a construction firm involved in a proposed high-rise project in South Mumbai for allegedly cheating a 60-year-old businessman of Rs 5 crore.The accused, Aafiyah Realtors’ Munaf Wadgama and his wife Sajida, were booked on the complaint of businessman Mausam Ali Armar, director of Galaxy Multi Channel Network Pvt Ltd. The duo is untraceable, police said.According to the FIR, Armar, a resident of Mazgaon, was introduced to the couple in 2013 through common acquaintances. The couple allegedly projected themselves as proprietors of Aafiyah Realtors and offered for sale nine flats-six on the 40th floor and three on the 41st floor-in a proposed 47-storey project named “Aafiyah Heights” at Nagpada, assuring possession within 30 months and a valid occupation certificate.The complainant alleged that based on these assurances, multiple payments were made from the bank account of Galaxy Multi Channel Network Pvt Ltd between March and Nov 2013 through cheques and RTGS transfers worth Rs 5 crore. He further stated that an MOU and allotment letters were issued by the accused to gain his confidence.However, no flats were handed over. Armar claimed that on inquiry, he later discovered that Aafiyah Realtors was not registered at the time the transactions took place and was registered only in 2019, while the building was constructed only up to 23 floors.Despite issuing a legal notice in Oct 2025 seeking a refund, the complainant received no satisfactory response, prompting him to lodge a police complaint.
