Four former employees of Jugyah Real Estate Pvt Ltd have been booked for allegedly hacking into the company's system, stealing data worth ₹80 lakh, and selling it to a rival firm.
CybercrimeReal EstateData TheftHackingJugyah Real Estate Pvt LtdReal Estate PuneJul 05, 2024
The accused stole data worth ₹80 lakh from Jugyah Real Estate Pvt Ltd.
Rahul Sharma, a former manager, provided the stolen data to the rival company.
The accused have joined a Powai-based real estate company after quitting their jobs at Jugyah Real Estate Pvt Ltd.
The accused have been charged with criminal conspiracy, theft by clerk or servant of property in possession of master, and relevant sections of the Information Technology Act.
The incident has resulted in the loss of clients for Jugyah Real Estate Pvt Ltd due to the stolen customer data.
Mumbai, Bengaluru, and Chennai led the way with a 66% share of investments in the Jul-Sep 2024 quarter, according to the CBRE report.
Macrotech Developers, the renowned Mumbai-based real estate firm behind the Lodha brand, has made a significant move by acquiring seven land parcels across the Mumbai Metropolitan Region. This strategic acquisition is set to bolster their ambitious Rs 166
The decline in affordable housing sales in top 8 cities in India has been attributed to a lower supply of affordable homes and a surge in demand for luxury apartments.
Stanley Lifestyles, a leading home furnishings brand, has announced the opening of its latest Stanley Living store in Pune. This expansion in the western region of India underscores the company's commitment to tapping into the rapidly growing urban market
Indian real estate firms are diversifying their portfolios to include ultra-luxury projects, capitalising on the uptick in demand for opulent apartments among new-generation entrepreneurs and C-level executives.
The Maharashtra government has revised the ready reckoner rates by 3.9%, which will directly impact property prices, stamp duty, and registration fees. This decision is expected to bring significant changes to the real estate market in the state.