Real Estate Mumbai
Mumbai Scandal: IAS Officer's Wife Bharti Pawar at the Center of Rs 169 Crore Illegal Construction Scam
The Enforcement Directorate (ED) has attached properties worth Rs 71 crore in connection with a major illegal construction scam in the Vasai-Virar area. The case involves IAS officer Anil Pawar and his wife Bharti, who is accused of fronting a portion of the Rs 169.6 crore scam.
real estate news
Supreme Court Praises ED for Protecting Homebuyers in Udaipur Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its proactive steps in restoring attached properties to safeguard the interests of innocent homebuyers affected by a real estate scam linked to the Royal Rajvilas housing project in Udaipur, Rajasthan.
Real Estate
Supreme Court Praises ED for Protecting Homebuyers in ₹175-Crore Real Estate Fraud
The Supreme Court has commended the Directorate of Enforcement (ED) for its efforts in restoring properties to protect innocent homebuyers in a significant real estate scam in Udaipur, Rajasthan.
Real Estate Mumbai
ED Seizes Rs 71 Crore in Properties in Major Mumbai Municipal Corruption Case
The Enforcement Directorate (ED) has attached immovable properties worth Rs 71 crore in a significant corruption case involving the Vasai Virar City Municipal Corporation (VVCMC). The case includes IAS officer Anil Pawar and others, with the ED's investigation revealing a widespread cartel of officials involved in illegal construction and bribery.
Real Estate Mumbai
Enforcement Directorate Chargesheet Reveals Luxury Purchases by Accused in Vasai-Virar Illegal Construction Scandal
The Enforcement Directorate (ED) has filed a chargesheet against 18 individuals, including two former senior officials of the Vasai Virar City Municipal Corporation (VVCMC), over the illegal construction of 41 buildings. The chargesheet reveals that the accused used bribe money to make luxury purchases, including expensive jewelry, a pen worth Rs 70,000, and iPhones.
Real Estate
West Bengal Municipality Recruitment Scandal: ED Seizes Rs 45 Lakh and Property Papers
The Enforcement Directorate (ED) has conducted searches at multiple premises, including the office of West Bengal Minister Sujit Bose, seizing Rs 45 lakh in cash, property documents, and digital devices in connection with alleged irregularities in municipal recruitment.
Real Estate
ED Attachments: ₹423 Crore in Assets from Bengaluru’s Ozone Group for Financial Irregularities
The Enforcement Directorate (ED) has attached properties worth ₹423.38 crore belonging to Bengaluru-based real estate company Ozone Urbana Infra Developers Pvt Ltd and its promoter S Vasudevan. The move follows an investigation into alleged financial irregularities and money laundering under the PMLA.
Real Estate Mumbai
Redevelopment Woes: Why Mumbai's Senior Citizens Fear the New Urban Landscape
While redevelopment is celebrated in Mumbai, senior citizens are increasingly concerned about the disruptions it brings to their lives, including the loss of familiar surroundings and the stress of relocation.
real estate news
ED Raids Continue on Real Estate Tycoon in Naldera Under FEMA Case
The Enforcement Directorate (ED) conducted raids for the second consecutive day at the luxury Auramah Valley real estate project near Naldera, Himachal Pradesh, in connection with a case registered under the Foreign Exchange Management Act (FEMA).
Real Estate Mumbai
Homebuyers Await GST Benefits as Real Estate Sector Seeks Clarity
Homebuyers may have to wait to benefit from reduced GST rates on construction materials, as real estate industry leaders await clarity from cement manufacturers. The potential cost reductions could be significant, but the impact is expected to be felt only in October.
Real Estate
ED Raids Imperial Group, Seizes Evidence of Un disclosed Foreign Assets Worth Over Rs 80 Crore
The Enforcement Directorate (ED) conducted search operations at six premises linked to Delhi-based Imperial Group chairman Manavinder Singh, uncovering undisclosed foreign assets worth over ₹80 crore. The assets were traced to companies in Singapore, Dubai, and Thailand, raising concerns over financial irregularities.
Real Estate
Gunmen Attack Terrifies Gurugram Real Estate Office
Masked gunmen opened fire at MNR Buildmark's real estate office in Gurugram, leaving shattered windows and a trail of panic. The attack has raised concerns about the rising trend of violence in the area.
Real Estate
Top 5 Stocks to Buy in 2025 for Long-Term Growth: Prestige Estate, HPCL, and More
Leading brokerages are bullish on a mix of real estate, cement, oil & gas, and FMCG stocks, predicting strong earnings visibility and sectoral tailwinds. Here’s a list of top recommendations.
Real Estate Mumbai
Mumbai: Man Arrested for Defacing Statue of Meenatai Thackeray in Shivaji Park
A man has been arrested for staining the statue of Meenatai Thackeray in Shivaji Park, Mumbai. The incident has sparked anger within the Thackeray family and the Shiv Sena party.
Real Estate
Noida's Flooded Sector 135: The Dark Side of Cheap Real Estate
Noida’s Sector 135 and nearby villages are now submerged, turning once-affordable farmhouses into flooded ruins. This disaster highlights the consequences of ignoring floodplain warnings for short-term real estate gains.
Real Estate
ED Files Chargesheet Against Bhupesh Baghel's Son in Multi-Crore Liquor Scam
The Enforcement Directorate (ED) has filed a 7,039-page chargesheet against Chaitanya Baghel, son of former Chhattisgarh CM Bhupesh Baghel, in a multi-crore liquor scam case. The chargesheet names Chaitanya as an accused in the alleged Rs 2,100 crore scam.
Real Estate
GST Cut on Construction Materials: A Boon for Homebuyers and the Real Estate Sector
The real estate industry has welcomed the GST Council's move to lower the tax rate on cement, which is expected to bring down overall project costs and benefit homebuyers.
real estate news
GST Rate Cut on Cement and Construction Materials to Boost Housing Affordability and Demand
The real estate sector has welcomed the 56th GST Council meeting's decision to rationalize tax rates on key construction inputs, which is expected to lower home prices and boost demand, especially during the festive season.
real estate news
GST Rate Cut on Cement to Boost Real Estate and Construction Sectors
The Confederation of Real Estate Developers' Associations of India (CREDAI) has welcomed the government's decision to reduce the GST rate on cement from 28% to 18%. This move is expected to lower construction costs, benefit homebuyers, and enhance housing affordability.
real estate news
GST on Cement Reduced to 18%, Boosting Affordable Housing and Construction
The GST Council has cut the tax rate on cement from 28% to 18%, a move expected to significantly lower construction costs and make affordable housing more accessible. This decision supports the government’s Housing for All mission.