Anju Luthra of Preet Nagar had lodged a complaint against the man, calamining that she had entered into a deal of buying his two-storyed house in Adarsh Nagar here for Rs 1.35 crore last year, police said.
The woman said she had given advance money of Rs 41.50 lakh in two instalments - first of Rs 25 lakh and second of Rs 16.50 lakh - to the accused person.
She claimed that the registered deed was to be done on November 30 last year and she had bought stamp papers for it too, but the owner did not turn up, police said.
Police have booked the accused under sections 420 (cheating and dishonestly inducing delivery of property) of IPC.
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