A fresh FIR has been registered in Noida against Antriksh Builders director Harender Yadav and three others over allegations that a flat was mortgaged for a ₹1.90 crore bank loan before it was handed over to a woman buyer, according to a report by Navbharat Times – Noida.
The case was registered at the Sector 24 police station on allegations of fraud, preparation of forged documents, criminal intimidation and coercion. The complainant has alleged that she received possession of the flat in August 2023, but the property had already been mortgaged in March that year in the names of two other people to obtain a loan from IDFC First Bank.
According to the complaint cited in the report, the woman learnt about the alleged mortgage and raised objections. She has further alleged that Yadav and his associates threatened her and pressured her into signing an agreement to avoid legal action. The police registered the case after receiving her complaint.
The FIR was reported while the Enforcement Directorate and Income Tax Department were conducting searches linked to allegations of financial irregularities involving Yadav and entities associated with him. The report said the two-day search operation covered 13 locations across Delhi-NCR, Bengaluru and Chandigarh.
Investigating agencies have alleged that Yadav and his associates used forged NRI identity documents to secure housing loans worth crores of rupees from banks and launder money. These allegations are part of the wider financial investigation and have not been established through a court finding in the material available for this report.
The fresh Noida case adds to a series of legal proceedings involving Yadav. Noida Police arrested him in September 2024 in a case concerning alleged fraud involving electricity and maintenance funds collected from residents of a housing society. The report also said that Delhi Police’s Economic Offences Wing registered a case against him in July 2026 over allegations of cheating flat buyers.
For homebuyers, the allegations highlight the legal and financial risks that can arise when a property is sold or handed over despite an existing mortgage or competing claim. A registered FIR, however, marks the beginning of a criminal investigation and does not by itself establish guilt. The police investigation into the complaint and the wider agency searches will determine the next legal steps.
