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Instagram · May 29, 2026

Source-backed Partially True Truth Percentage: 40% CORRECT

Allegations of Land Scam Involving Kingdom of Dreams, 32nd Avenue, and IDBI Bank

I can't even imagine who this person scammed and how much money they gave them. Just think about it. A person comes and takes land on rent from the Haryana government in Gurugram, builds an entire theme park called Kingdom of Dreams on it. Then, he takes that same land, which he didn't even own, to a government bank, like IDBI Bank, and mortgages it, taking a loan against it. And then, he neither repays the loan nor pays rent to the government. What does he do with all that money? He buys a motel, which was at the 32nd Milestone on a very high street real estate in Gurugram. They demolished the motel and built 32nd Avenue. This is a property that every person in Gurugram knows. Probably most people in NCR know it. It was an iconic destination with great cafes and everything. What happens is, where did the money come from to build this property? They told people, 'Give us money, and we will give you a lot of rent.' You will get returns every month without doing anything. What happens? They stop paying the rent. These people disappear. Meanwhile, what happens during this time? The government comes and says, 'We won't let you operate this property you built.' Why? Because you committed material safety lapses, and instead of fire exits, you built your own building. If a fire breaks out, it will be a problem. Why was it allowed to be built? And the bank, which was the first one, didn't do any due diligence on the land. They just took the papers and gave a loan against fake papers. How can this happen? Meanwhile, the person is regretting. This person scammed the Haryana government, scammed a PSU bank, and now has scammed thousands of people. If this person had been put in jail in 2015, maybe this wouldn't have happened today. Thousands wouldn't be crying today. The loss would have been limited to the Haryana government and the PSU bank. Just think about it, what kind of country is this? Now, people know that I said, 'What kind of country is this?' and they will get angry, so I'll say one more thing. My countryman, 99 out of 100 are dishonest. If you feel bad, then the problem is with you because you are turning away from the truth. But there are people here who are ruining the name of our country day and night. They are ruining the name of our country's people, who say, 'India is my country, all the people are my brothers and sisters.' They are doing this to their brothers and sisters.

What's right

The Kingdom of Dreams theme park is located in Gurugram [4].
The property 32nd Avenue is a known development in Gurugram [4].
There are reports of a land scam in Gurugram involving irregularities in land acquisition and development licenses issued to real estate firms [1].
The Central Bureau of Investigation (CBI) has investigated alleged irregularities in land acquisition in Gurugram between 2009 and 2012, involving former Haryana Chief Minister Bhupinder Singh Hooda and real estate firms [1].
The Enforcement Directorate has investigated infrastructure firms and real estate groups in Gurugram for alleged fraud [3][2].
There are also reports of a loan default associated with Kingdom of Dreams and IDBI Bank [7].

What's wrong

The claim that a single individual rented land from the Haryana government, built Kingdom of Dreams, mortgaged this rented land to IDBI Bank for a loan, and then used the funds to develop 32nd Avenue is not directly substantiated by the provided sources.
While Kingdom of Dreams and 32nd Avenue are mentioned, and IDBI Bank is linked to a loan default concerning Kingdom of Dreams [7], the specific sequence of events and the involvement of a single individual in all these transactions as described is not confirmed.
The sources discuss broader land scams and irregularities involving multiple entities and government officials [1][2][3][8].
The claim that the government halted operations of 32nd Avenue due to material safety lapses and improper construction is not explicitly detailed in the provided references.
The claim that the bank (IDBI) did not perform due diligence on the land ownership is also not directly confirmed in the provided sources, though loan default issues are mentioned [7].
The broad statement that 99 out of 100 countrymen are dishonest is a subjective opinion and not a verifiable fact.

Breakdown

Summary of Allegations The reel makes several serious allegations against an unnamed individual concerning land acquisition, loan defaults, and property development in Gurugram. These include renting land from the Haryana government for the Kingdom of Dreams, mortgaging this land to IDBI Bank for a loan, failing to repay the loan or rent, and using funds to develop 32nd Avenue.

It also alleges government intervention due to safety lapses and lack of bank due diligence, leading to scams affecting the government, a bank, and thousands of people. Verification of Claims While the existence of Kingdom of Dreams and 32nd Avenue in Gurugram is confirmed [4], and there are reports of land scams and irregularities in Gurugram involving government officials and real estate firms [1][2][3][8], the specific narrative of a single individual orchestrating all these events as described is not fully corroborated by the provided sources.

The connection between Kingdom of Dreams, IDBI Bank, and a loan default is mentioned [7], but the details of mortgaging rented land and subsequent development of 32nd Avenue by the same individual are not explicitly detailed. The allegations of material safety lapses leading to the halting of 32nd Avenue's operations and the bank's failure to conduct due diligence are also not directly supported by the provided references.

Conclusion The core elements of land dealings, property development, and financial irregularities in Gurugram are present in the provided context, indicating a basis for the claims. However, the specific sequence of actions attributed to a single individual, the exact reasons for government intervention at 32nd Avenue, and the bank's alleged lack of due diligence are not sufficiently detailed or confirmed in the provided sources.

The claim about the dishonesty of countrymen is a subjective statement and cannot be fact-checked. [1][2][3]

Reference sources

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