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150 Housing Societies in Maharashtra Secure Cooperative Bank Loans for Redevelopment

Real Estate Maharashtra

150 Housing Societies in Maharashtra Secure Cooperative Bank Loans for Redevelopment

In a significant move towards urban infrastructure improvement, 150 housing societies in Maharashtra have successfully secured loans from cooperative banks to fund redevelopment projects. This initiative aims to modernize housing complexes and enhance the

October 9, 2024
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China's Youth Unemployment Soars to 17.1% in July: A Cause for Concern

Real Estate

China's Youth Unemployment Soars to 17.1% in July: A Cause for Concern

China's major cities witness decline in real estate prices, sluggish demand for bank loans, and rising youth unemployment, sparking economic concerns.

August 17, 2024
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Rajpal Yadav's UP Property Sealed by Bank Over Unpaid Loan of Rs 11 Crore

Real Estate Mumbai

Rajpal Yadav's UP Property Sealed by Bank Over Unpaid Loan of Rs 11 Crore

A part of Rajpal Yadav's property in UP has been sealed by a Mumbai bank due to non-payment of a loan.

August 15, 2024
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Slowing Loans to Non-Banking Finance Companies: What's Behind the Trend?

Real Estate Mumbai

Slowing Loans to Non-Banking Finance Companies: What's Behind the Trend?

While bank credit to NBFCs has slowed down, credit card outstanding and gold jewellery loans have seen a significant surge.

August 1, 2024
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Maharashtra Bank Loan Scandal: ED Raids Uncover Rs 19.50 Lakh in Cash

Real Estate Maharashtra

Maharashtra Bank Loan Scandal: ED Raids Uncover Rs 19.50 Lakh in Cash

The Enforcement Directorate (ED) has seized Rs 19.50 lakh in cash in connection with a bank loan fraud case in Maharashtra. The raids were conducted at multiple locations, including Mumbai, Karjat, Baramati, and Pune.

July 31, 2024
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ED Raids Amtek Group's Premises in Delhi-NCR, Mumbai, Nagpur over Alleged Bank Loan Fraud

Real Estate

ED Raids Amtek Group's Premises in Delhi-NCR, Mumbai, Nagpur over Alleged Bank Loan Fraud

The Enforcement Directorate (ED) has conducted raids at multiple locations of Amtek Group and its directors, accused of perpetrating an alleged bank loan fraud of over Rs 20,000 crore, involving real estate, foreign investment, and shell companies.

June 20, 2024
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