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Saket Building Collapse: Owner Earned ₹10 Lakh a Month From Four Floors, Planned Two More Levels

The Jazzbaat News Desk
Jun 03, 2026 01:03 PM
The Jazzbaat News Desk
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1 months ago Jun 03, 2026 01:03 PM

Fresh details emerging from the investigation into the Saket building collapse in south Delhi have revealed that the owner of the structure was allegedly earning around ₹10 lakh every month from the building and was planning to construct two additional floors despite apparent violations of building norms. The revelations have intensified scrutiny of the commercial complex that collapsed on May 30, killing six people and injuring several others. 


According to investigators, the arrested owner, Karamveer, told police that the building's four operational floors had been rented out for approximately ₹2.5 lakh per month each, generating a monthly income of nearly ₹10 lakh. The five-storey structure housed coaching centres, cafes and offices in the bustling Saidulajab area near Saket Metro Station, a hub frequented by students preparing for competitive examinations. 


Police sources said the probe has uncovered evidence suggesting that two additional floors were under construction at the time of the collapse. Investigators believe the owner had already initiated discussions with prospective buyers and investors for the proposed floors and expected to earn another ₹5 lakh per month once the expansion was completed. 


The collapse triggered a massive rescue operation that lasted nearly 20 hours. Six people, including engineers and doctors associated with coaching institutes in the area, lost their lives, while several others were rescued from beneath the debris. Officials described the incident as a "pancake collapse," in which upper floors crashed onto lower levels, causing extensive damage. 


As part of the investigation, police have seized multiple electricity meters registered in the owner's name. Authorities believe these documents could help establish ownership and determine accountability for the construction. Notices are also being issued to tenants and occupants to gather information about the building's history, occupancy levels and whether any structural warning signs had been observed before the tragedy. 


Investigators have so far been unable to locate an approved building plan for the structure. If the building is found to have been constructed without proper sanction or in violation of approved norms, criminal liability could extend beyond the owner to others involved in the project. Meanwhile, police teams are searching for the builder, identified as Manish, who remains absconding. His arrest is considered crucial to uncovering details related to construction approvals, structural modifications and financial transactions linked to the building. 


The building owner has been sent to three days of police custody as authorities continue to investigate alleged illegal construction, regulatory violations and possible negligence that may have contributed to one of Delhi's deadliest building collapses in recent years.

TAGGED: National
SOURCES: The Jazzbaat News Desk

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