Gurugram Real Estate CEO Arrested For Rs 500 Crore Fraud, Sold Same Property To 25 Buyers | India News
Last Updated:February 07, 2026, 21:44 IST Sharma is accused of cheating buyers by selling the same commercial floor to at least 25 individuals, with the total amount estimated at Rs 500 crore 32nd Avenue’s Dhruv Dutt Sharma was arrested for a Rs 500 crore fund. (Photo Credit: X) Gurugram Police have arrested Dhruv Dutt Sharma, the CEO and director of a commercial real estate project called 32nd Revenue, in connection with a large-scale property fraud amounting to Rs 500 crore. Investigators say Sharma is accused of cheating buyers by selling the same commercial floor to at least 25 individuals, with the total amount estimated at Rs 500 crore, as reported by News18‘s sister publication, Moneycontrol. Sharma was sent to six days of police custody in connection with the fraud after he was produced before a Gurugram court on Friday, February 6. The arrest came after an investigation by the Economic Offences Wing, which probed Sharma’s transactions between 2021 and 2023. The case centred around a single floor of a building at the 32nd Milestone complex …


