Andheri businessman Pratik Vira has lodged a FIR at Matunga Police Station against real estate developers Atul Bharani, and others associated with the Sunshine Group. Vira, a construction and finance entrepreneur, has alleged in the FIR that he was deceived into investing ₹150 crore on behalf of his group. He claims he was subsequently defrauded through forged documents and unauthorised loans amounting to Rs 250 crore. The case is expected to have significant implications for Mumbai’s real estate sector, raising concerns about investor protection and financial transparency in large-scale construction projects. As the investigation progresses, industry insiders are closely monitoring how law enforcement and regulatory bodies address this multi-crore dispute. While no arrests have been made yet, sources indicate that key figures from the Sunshine group may soon be called in for questioning. The complaint highlights that the group secured loans from financial institutions such as ICICI Prudential and LIC Housing Finance Ltd. (LICHFL) under fraudulent pretences.
