Sattva Group denies role in alleged Bandapura land fraud after VP’s arrest

Bengaluru:

Real estate developer Sattva Group has issued a clarification after Bengaluru’s Avalahalli Police arrested its Group Vice President, Ashwin Sancheti, in an alleged land fraud case involving a 10-acre parcel in Bandapura, situated in the city’s outskirts.

The company said the allegations against Sancheti and the group are “contrary to the existing factual and legal record.” Sattva Group, the press note, stated follows all legal requirements and adhered to established processes in its business.

Sancheti and 13 others have been booked under several provisions of the Bharatiya Nyaya Sanhita (BNS), 2023, for allegedly forging documents to claim ownership of land in Survey Nos. 20, 21 and 44/1.

The case was registered on the basis of a complaint filed by Venkappa K, who holds power of attorney for original landowner R. Radha. Police say the accused allegedly created fake GPA documents to transfer the property without her knowledge.

In a statement, Sattva Group said its involvement in Bandapura is limited to a Joint Development Agreement signed on August 14, 2023 with Radha and her four children, described as the legal heirs of late S. Krishnan, for developing 12 acres and 30.5 guntas in the same village.

The company said the allegations against Sancheti and the group are “contrary to the existing factual and legal record,” and asserted that it follows all legal requirements. It denied any involvement in impersonation, fabrication of documents or related illegal activities.

Sattva added that it is taking legal steps to present the facts before the police and will cooperate with the investigation.

Sources familiar with developments said differences among certain local “leaders” may have contributed to the fallout, though police have not commented on this aspect.