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Title: Alleged Fraud at Radiant Company's Ramnagar Development Project





A concerning situation has emerged in Ramnagar, where residents have raised serious allegations against Radiant Company regarding their latest property development project. The company, which promised car parking and garage facilities at their flat complex on Ramnagar Road No. 2, allegedly collected approximately 200,000 rupees each from 7-8 local residents.


The project's manager, Debashi Circle, was recently arrested by police and is currently in custody following accusations of fraudulent activities. In response, local residents have united in protest, displaying banners outside the Radiant Company's project site to warn potential buyers across the state against purchasing flats from this developer.



The community has taken a firm stance, declaring that construction activities will remain suspended until Radiant Company fully reimburses the affected residents. This incident highlights the growing concern over unscrupulous property developers who exploit people's aspirations for secure housing investments.


The situation serves as a stark reminder of the importance of due diligence when investing in property. Prospective buyers should:

- Verify the developer's credentials and track record

- Ensure all transactions are properly documented

- Obtain necessary legal clearances

- Cross-check promised amenities and their feasibility

- Seek legal counsel before making significant payments


This incident, while unfortunate, emphasises the need for stronger consumer protection measures in the real estate sector. It also demonstrates the power of community solidarity in standing against alleged fraudulent practices, potentially preventing others from falling victim to similar schemes.


The local authorities' swift action in arresting the accused manager shows that law enforcement is taking such matters seriously, but preventive measures and increased vigilance from both authorities and consumers remain essential to curb such practices in the future.

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