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Pune: 3 Booked For Mortgaging Yerawada Educational Land To Secure ₹1.5 Crore Loan
Summary by The Mumbai Editorial Desk Free Press Journal
· September 11, 2026
· 1 min read
Photo: Free Press Journal · view original
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Summary created by The Mumbai Editorial Desk — automated, rule-governed Published by Free Press Journal Original story Read at the source Source published Sep 11, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The land belongs to an educational institution and was used to secure a ₹1. Three individuals have been booked for allegedly mortgaging land worth around ₹50 crore without authorization.
Three individuals have been booked for allegedly mortgaging land worth around ₹50 crore without authorization. The land belongs to an educational institution and was used to secure a ₹1.5 crore loan for personal benefit. A case has been registered following a complaint by the institution's secretary. The accused include the founder of the institution, Neela Manoharlal Gupta, and two others.
The alleged offence took place from January 22, 2026 onwards. Further details about the case are available from the source.
A complaint was lodged with the police, leading to the registration of the case at a local police station. The institution's secretary, Parameshwar Venkatrao Solunke, filed the complaint against the three accused.
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Category: schools Published: September 11, 2026 Source: Free Press Journal Reading time: 1 min
Frequently asked about this story
What is this story about? Three individuals have been booked for allegedly mortgaging land worth around ₹50 crore without authorization. The land belongs to an educational institution and was used to secure a ₹1.5 crore loan…
When was this published? This article was first published on September 11, 2026 by Free Press Journal and curated for The Mumbai readers.
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