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Real Estate

Income Tax Survey on Raymond's Real Estate Arm

The Income Tax department is conducting a survey action on entities linked to the Raymond group, with a specific focus on its real estate business.

real estate news

Income Tax Survey on Raymond's Real Estate Arm: What You Need to Know

The Income Tax Department is conducting a survey action on Raymond's real estate business. Here’s what you need to know about the ongoing proceedings and the company's response.

Real Estate Mumbai

Mumbai Fraud: Builder's Relative Booked in ₹68 Crore Share Fraud Case

The Economic Offences Wing (EOW) of Mumbai police has exposed a significant share fraud involving close relatives of renowned real estate builder Akhtar Rizvi. The case, involving forged documents and a fraudulent gift deed, has raised concerns about corporate governance and oversight.

Real Estate Pune

Pune-Based Real Estate Player Raises Governance Concerns with Merger Plan

A Pune-based real estate player is planning a court-approved merger with its eight-month-old subsidiary, raising significant corporate governance concerns. The deal, valued at INR545 crore, could significantly enrich the promoters at the cost of public shareholders.

Real Estate Pune

Pune Real Estate Firm Seeks Merger with Subsidiary: Another Satyam-Maytas Scenario?

Pune-based real estate player EFC (I), acquired by Umesh Sahay and Abhishek Narbadia in April 2022, is proposing a merger with its own subsidiary, Whitehill Interior. The move, which will be voted on in a court-convened meeting on September 15, has raised corporate governance concerns.

real estate news

Info Edge Investigates Whistleblower Complaint in 99acres Real Estate Unit

Info Edge (India) Limited has received a whistleblower complaint alleging policy violations in its 99acres real estate business. The company's board has appointed an external law firm to conduct a thorough investigation, with no financial impact reported so far.

real estate news

Dainik Bhaskar Real Estate Conclave 2025: Tier-2 and 3 Cities Set to Lead the Next Wave of Growth

The Dainik Bhaskar Real Estate Conclave 2025 highlighted the significant capital opportunities and the potential for growth in tier-2 and tier-3 cities. Experts emphasized the importance of financial discipline, transparency, and strong corporate governance for real estate developers.

real estate news

5 Red Flags That Signal Trouble for Investors

Investing wisely requires more than just reading reports and tracking market news. Here are five red flags that can help you avoid major losses and protect your capital.

Real Estate

PSUs Face Scrutiny in BluSmart Funds Misuse Allegations

Public Sector Units (PSUs) are under intense scrutiny following allegations of funds misuse by BluSmart Energy, a prominent electric vehicle (EV) company. The investigation has revealed potential irregularities involving investments in real estate and trading in Gensol's shares, raising serious concerns about corporate governance and financial oversight.

real estate news

SEBI Unveils How Jaggi Brothers Exploited Gensol Engineering for Personal Gains and Market Manipulation

The Securities and Exchange Board of India (SEBI) has exposed how the Jaggi brothers misused Gensol Engineering for personal financial gains, real estate investments, and stock market manipulation. The 29-page order reveals an intricate web of deceit and financial mismanagement.

real estate news

UDR Welcomes New Lead Independent Director Amidst Klingbeil's Departure

UDR, a leading real estate investment trust, has announced the appointment of a new Lead Independent Director as Gary W. Klingbeil steps down. This move underscores UDR's commitment to maintaining strong corporate governance and strategic leadership in a

real estate news

FIR Order Against Madhabi Puri Buch in Cals Refineries Case: A Closer Look

The FIR order against Madhabi Puri Buch, the former Chief Financial Officer of Cals Refineries, sheds light on alleged financial irregularities and their implications. This article delves into the details of the case, the background of Cals Refineries, an

real estate news

Bhutani Group Collaborates with ED in Alleged Money Laundering Investigation

Real estate firm Bhutani Infra has announced its cooperation with the Enforcement Directorate (ED) in an ongoing investigation into alleged money laundering activities.

Real Estate

Lodha vs Lodha: TheSibling Rivalry in India’s Top Real Estate Dynasty

More than three years after dividing their father's real estate empire, the Lodha siblings find themselves embroiled in a bitter legal battle.

Real Estate

Sebi Faces Challenges in Recovering Dues Worth Rs 76,293 Crore

The regulator has formed an advisory committee to focus on capital formation through real estate investment trusts (Reits) and infrastructure investment trusts (Invits) along with municipal bonds.

Real Estate Mumbai

Sebi Chief Madhabi Buch's Stake in Consulting Firm Under Scrutiny

Madhabi Puri Buch, the chief of India's capital markets regulator, owns 99% of a Mumbai-based consulting firm that's now caught in the crossfire of the Hindenburg Research-Adani Group controversy.