DEHRADUN: The Enforcement Directorate (ED) and the Income Tax Department conducted surprise raids on the properties of Rajeev Jain, a real estate magnate and former aide of Congress leader Harish Rawat, in a major crackdown.
CongressEd RaidsHarish RawatRajeev JainReal EstateReal EstateDec 17, 2024
Rajeev Jain is a prominent real estate developer and former aide of Congress leader Harish Rawat. He is currently under investigation by the ED and Income Tax Department for alleged financial irregularities.
Rajeev Jain is being investigated for alleged financial irregularities, money laundering, and siphoning off large sums of money through illegal means.
The Enforcement Directorate (ED) is a law enforcement agency that is probing the financial transactions and real estate deals involving Rajeev Jain and his associates.
Harish Rawat has distanced himself from the allegations against Rajeev Jain and stated that he has always conducted himself with integrity and transparency.
The political landscape in Uttarakhand is tense, with the Congress party under intense scrutiny and pressure to address the allegations. The opposition parties are using the situation to criticize the Congress.
Cushman & Wakefield's Q2-2024 Retail MarketBeat Report highlights the dominance of main street retail leasing, with 70% of total leases in Q2 2024.
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The Odisha Real Estate Regulatory Authority (ORERA) has identified 57 real estate developers who owe unpaid fines amounting to over Rs 6 crore. This move aims to ensure transparency and accountability in the real estate sector.
Mumbai's weather forecast predicts foggy mornings and clear afternoons, with temperatures ranging from 23°C to 35°C over the next few days. Stay prepared and take necessary precautions.
Mumbai: In a significant move to regulate the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued show-cause notices to 10,773 'lapsed' projects registered with it since May 2017.
Real estate stocks experienced a downturn, with the BSE Realty index dropping 2.19% to 6278.86 by 13:47 IST. Several major players saw significant losses, while a few managed to edge slightly higher.