Why No Agencies Are Backing Rivoli Park: Questions Raised Over Rohan Khatau’s Mega Real Estate Push
Rivoli Park and other real estate ventures linked to Rohan Khatau are facing growing scrutiny as Mumbai Police’s EOW continues investigating a ₹14.23 crore fraud case involving Cable Corporation of India, raising questions over investor confidence and the absence of major institutional backing.
May 28, 2026, 12:46 IST
A major real estate project linked to businessman Rohan Khatau is drawing attention amid continuing fraud allegations being investigated by Mumbai Police’s Economic Offences Wing (EOW).
Khatau, associated with Cable Corporation of India (CCI), is among those named in a ₹14.23 crore fraud case registered in 2024. According to reports, Rohan Khatau, Hiten Khatau, and other office-bearers of CCI were booked under charges related to cheating, criminal breach of trust, and conspiracy following allegations made by a Mumbai-based cable and wire supplier.
Despite the ongoing investigation, Khatau has moved aggressively into the real estate sector through projects linked to Rivoli Park and other developments under CCI Projects Pvt Ltd. Public disclosures connected to the project identify Rohan Hiten Khatau as a director associated with the venture.
The development has sparked questions within industry circles over why major institutional agencies, large financial backers, and prominent real estate partners appear cautious about publicly associating themselves with the project.
Observers say the concerns stem from the unresolved legal proceedings and the reputational risks that accompany large-scale real estate investments. In Mumbai’s competitive property sector, projects of this scale typically attract strong institutional participation, marketing alliances, or financing visibility. However, the absence of major public endorsements has become a talking point among market watchers.
The original fraud complaint reportedly alleged that goods worth ₹14.23 crore were supplied to CCI between February and June 2022 after assurances regarding repayment and business recovery. The complainant later alleged that payments were not made despite revenue being generated from pending orders.
Khatau has meanwhile spoken publicly about moving beyond the legacy cable business and focusing on real estate as a new entrepreneurial direction.
The EOW investigation remains ongoing, and no court has yet pronounced guilt in the matter. However, the continuing probe appears to have cast a shadow over the ambitious real estate expansion, with industry observers closely watching whether the legal cloud impacts buyer confidence and future partnerships.
Khatau, associated with Cable Corporation of India (CCI), is among those named in a ₹14.23 crore fraud case registered in 2024. According to reports, Rohan Khatau, Hiten Khatau, and other office-bearers of CCI were booked under charges related to cheating, criminal breach of trust, and conspiracy following allegations made by a Mumbai-based cable and wire supplier.
Despite the ongoing investigation, Khatau has moved aggressively into the real estate sector through projects linked to Rivoli Park and other developments under CCI Projects Pvt Ltd. Public disclosures connected to the project identify Rohan Hiten Khatau as a director associated with the venture.
The development has sparked questions within industry circles over why major institutional agencies, large financial backers, and prominent real estate partners appear cautious about publicly associating themselves with the project.
Observers say the concerns stem from the unresolved legal proceedings and the reputational risks that accompany large-scale real estate investments. In Mumbai’s competitive property sector, projects of this scale typically attract strong institutional participation, marketing alliances, or financing visibility. However, the absence of major public endorsements has become a talking point among market watchers.
The original fraud complaint reportedly alleged that goods worth ₹14.23 crore were supplied to CCI between February and June 2022 after assurances regarding repayment and business recovery. The complainant later alleged that payments were not made despite revenue being generated from pending orders.
Khatau has meanwhile spoken publicly about moving beyond the legacy cable business and focusing on real estate as a new entrepreneurial direction.
The EOW investigation remains ongoing, and no court has yet pronounced guilt in the matter. However, the continuing probe appears to have cast a shadow over the ambitious real estate expansion, with industry observers closely watching whether the legal cloud impacts buyer confidence and future partnerships.
