India, Oct. 12 -- A feud has erupted within the Maharashtra unit of the National Real Estate Development Council (NAREDCO), the apex body of developers under the union ministry of housing and urban affairs, with one of the directors of a firm associated with NAREDCO vice-chairman Prashant Sharma accusing the NAREDCO president Kamlesh Thakur's firm of forgery.

It is alleged that Thakur's firm, Powai Vihar Developers, and others fraudulently claimed ownership over parts of a 3 acre 20 guntha plot owned by the Sharmas and entered into a development agreement based on forged documents, resulting in fraud worth Rs.100 crore

On October 6, the Powai police registered a First Information Report (FIR) registered against Powai Vihar Developers, a...