Gautam Buddha Nagar Police have arrested the director of a real estate company in connection with the Hathras land scam, which involves alleged irregularities in the acquisition of 42 hectares of land by YEIDA in 2011-12.
Real EstateLand ScamArrestGautam Buddha Nagar PoliceHimalaya Infra Private LimitedReal Estate NewsJan 09, 2025
The Hathras land scam involves alleged irregularities in the acquisition of about 42 hectares of land by the Yamuna Expressway Industrial Development Authority (YEIDA) in 2011-12. The case has been under investigation since 2019, with several high-ranking officials being charged.
Vivek Kumar Jain, the director of ‘Himalaya Infra Private Limited,’ was arrested by the Gautam Buddha Nagar Police in connection with the Hathras land scam. He was apprehended from the Beta-2 police station area and sent to 14-day judicial custody.
A shell company is a company that operates as a front for illegal activities or to mask the true ownership and financial dealings. These companies often have no active business operations and are used to facilitate financial irregularities and fraud.
The Yamuna Expressway Industrial Development Authority (YEIDA) is responsible for the development and management of industrial areas along the Yamuna Expressway. It is involved in the acquisition and allocation of land for various projects in the region.
A total of 12 individuals, including two Tehsildars, have been charged in the Hathras land scam case. The police have filed a chargesheet against these accused in the court.
The removal of indexation benefit on real estate capital gains may have a mixed impact on property owners and investors in India.
Harsh Parikh, Partner, Khaitan & Co explains how Maharashtra's consolidation of property registration offices will benefit the real estate industry.
Vijay Harsh Jha, founder and CEO of property brokerage firm VS Realtors, stated that the real estate market is showing robust growth. 'The rise in demand and steady supply have been driving the market forward, particularly in key regions like the NCR,' he
With RXS tokens, an investor can acquire a fraction of a luxury real estate property without legal issues or a hefty investment. Rexas Finance and Solana both offer unique opportunities for high returns, but which one is the better choice?
Tragic incidents in Thane and Pune claim seven lives as communities mourn and authorities investigate. The events highlight the need for increased safety measures and awareness in water bodies.
A nationwide bank strike is set to commence as key employee demands remain unmet, potentially disrupting financial services across the country. The United Forum of Bank Unions (UFBU) has confirmed the strike, citing unresolved issues with pay, working con