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Goa Residents Booked For ₹6 Crore Extortion From Mumbai Firm

Two Goa residents booked for extortion, allegedly demanded ₹6 crore from Mumbai-based real estate firm HoABL.

Mumbai Alert · City Desk
Mumbai Alert · City Desk
City Desk · Mumbai Alert News · Sun, 30 August 2026 at 09:53 am
Goa Residents Booked For ₹6 Crore Extortion From Mumbai Firm

A case has been registered against two Goa residents, Siddhesh Jana Tari and Pritesh Salgaonkar, for allegedly demanding ₹6 crore in extortion from The House of Abhinandan Lodha (HoABL), a Mumbai-based real estate firm. The complaint was lodged by Bhushan Patil, a liaisoning agent for HoABL, who stated that the duo visited the project site in Bicholim, Goa, and started abusing him and his colleagues.

The accused allegedly threatened to disrupt the project, claiming that the company was treating local residents unfairly. When questioned, Tari demanded ₹3 crore each for himself and Salgaonkar. The company initially refused to pay, but later agreed to pay ₹10 lakh each to the duo, fearing disruption to the project.

According to the FIR, the accused received an installment of ₹2 lakh each on May 1 and assured the company that they would not create any further problems. However, they later demanded further payments, claiming that the money was required to be distributed among 'protesters'. The company eventually paid ₹34 lakh to Tari and ₹7 lakh to Salgaonkar.

The case has been registered at the N M Joshi Marg police station in Mumbai, as the real estate firm has its head office in the city. The accused have been booked for extortion and forcibly taking ₹41 lakh from HoABL.

The 'One Goa' project, which is the subject of the dispute, is a housing project being developed by HoABL in Bicholim, Goa. The company has maintained that all its activities are legal and that it has obtained the necessary permissions for the project.

The registration of the case against the two Goa residents is a significant development in the matter, and it remains to be seen how the investigation will proceed. The incident highlights the challenges faced by real estate firms in dealing with local residents and the importance of ensuring that all activities are conducted in a legal and transparent manner.

The case also raises questions about the role of local residents in demanding extortion from companies and the need for effective measures to prevent such incidents. The Mumbai police will be investigating the matter further and taking necessary action against the accused.

In conclusion, the registration of the case against the two Goa residents is a significant development in the matter, and it highlights the importance of ensuring that all activities are conducted in a legal and transparent manner. The incident also raises questions about the role of local residents in demanding extortion from companies and the need for effective measures to prevent such incidents.

The real estate firm, HoABL, has a reputation for developing quality housing projects, and the 'One Goa' project is one of its flagship projects in Goa. The company has maintained that it has obtained all necessary permissions for the project and that it is committed to completing the project in a timely and transparent manner.

The incident has also raised concerns about the safety and security of real estate developers and their employees in Goa. The state government has been urged to take necessary measures to prevent such incidents and to ensure that real estate developers can operate in a safe and secure environment.

Overall, the case against the two Goa residents is a significant development in the matter, and it highlights the importance of ensuring that all activities are conducted in a legal and transparent manner. The incident also raises questions about the role of local residents in demanding extortion from companies and the need for effective measures to prevent such incidents.

Frequently asked questions

What is the name of the Mumbai-based real estate firm that was allegedly extorted by the two Goa residents?

The House of Abhinandan Lodha (HoABL)

How much money was allegedly demanded by the two Goa residents from the Mumbai-based real estate firm?

₹6 crore

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