Two years after purchasing three plots at Plantation Little Diamond from a private developer, Lalchand and Ramdai Jaisingh say they have yet to receive land titles and have now been forced to take possession of the property—only to discover the lots may have been allegedly resold to others.
The land, part of a 17-acre scheme developed by Raydan Housing Inc., was sold to the Jaisinghs in 2022 through SMS Realty, acting as an agent for Raydan. According to documents seen by News Room, the agreements of sale were signed in July of that year.
However, without legal titles, the couple moved to occupy the land last week, only to be told that the lots had already been sold again—news that has left them deeply unsettled.
Their situation is the latest in a string of allegations surrounding the embattled housing company.
Initially pitched as a luxury, gated community comprising 133 lots, Raydan’s development—launched in 2015—was marketed with promises of paved roads, modern infrastructure, 24-hour security, and premium amenities. Today, nearly a decade later, the site has no more than a dozen completed homes, and many basic utilities remain unavailable or incomplete.
Residents, many of them professionals, civil servants and business owners, say they’ve been left in limbo. With no working streetlights, frequent cattle intrusions, rising incidents of theft, and internal roads deteriorating due to poor weather and unregulated dumping of sand, some homeowners have been forced to maintain sections of the scheme themselves. One resident reportedly built a road and installed water connections at his own expense.
Central to the scandal are company officials who residents accuse of unauthorised land sales and personal financial dealings. One official previously faced fraud-related charges in 2023. Allegations have also surfaced regarding forged signatures and the unexplained use of funds—between $38 million and $40 million—originally said to be allocated for condominium construction and other development works.
Shareholders of Raydan Housing appear fractured.
A lawsuit reportedly exceeding $200 million is in preparation.
Meanwhile, calls for audits, shareholder accountability, and criminal investigations are growing louder.
For residents like the Jaisinghs, the toll is personal and financial.
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