HOT: Tulsiani Group is accused of duping ₹30 Crore from investors and banks

Information reaching Kossyderrickent has it that Tulsiani Group is accused of duping ₹30 Crore from investors and banks.

Gauri is the brand ambassador of Lucknow-based real estate firm Tulsiani Group, which has been reportedly accused of duping Rs 30 crore from investors and banks. It was reported that Khan’s dealings with the real estate company will be investigated, such as her fees for being Tulsiani’s brand ambassador.

As per a report in the Free Press Journal, in a project in Lucknow by the Tulsiani Group called Sushant Golf City, a Mumbai-based person Kirit Jaswant Shah purchased a flat for Rs 85 lakh in 2015. However, Shah didn’t get possession of the flat and his money was also not refined. Shah filed a complaint against the directors of Tulsiani Group, namely Anil Kumar Tulsiani, Mahesh Tulsiani, and brand ambassador Gauri.

In March 2023, Shah filed an FIR against the three of them. In the complaint, Shah alleged, “I visited the company’s office in Sushant Golf City the same year and met its directors and agreed to buy a flat worth Rs 86 lakh. I was assured that I would get the flat’s possession in 2016. But since then a lot of time has elapsed and I have not got the flat. Later, I found out that the agreement of the flat booked by me had been transferred by the company to somebody else.”

However, inside sources have now claimed that these reports are completely baseless and false. A source was quoted telling Quint, “Gauri Khan is the brand ambassador of Lucknow-based real estate company Tulsiani Group. While the firm has been accused of duping Rs 30 crore from investors and banks, reports of Gauri getting ED notice are all false. The reports state that Tulsiani Group is accused of causing a financial loss of around Rs 30 crore to investors and banks. However, Gauri is not at all related to any such case. The ED officials will investigate various aspects.” Gauri or Shah Rukh haven’t reacted to this matter yet.