real estate news
Gurugram Realty Firm Misappropriates ₹205 Crore from Home Buyers for Colombo Hotel Project
A Gurugram-based real estate company, Krrish Realtech, allegedly collected over ₹500 crore from home buyers under false pretenses and diverted ₹205 crore of these funds to a hotel project in Colombo, Sri Lanka, according to the Enforcement Directorate (ED).
real estate news
Court Issues Notice to Robert Vadra in ED's Land Deal Money Laundering Case
A Delhi court has issued a notice to Robert Vadra, husband of Congress leader Priyanka Gandhi Vadra, in a money laundering case filed by the Enforcement Directorate (ED). The case involves a controversial land deal in Gurugram.
real estate news
Delhi Court Issues Notice to Robert Vadra in High-Profile Money Laundering Case
A Delhi court has issued a notice to Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in connection with the Shikohpur land deal case. The Rouse Avenue Court took cognisance of the charge sheet filed by the Enforcement Directorate (ED) and issued notices to 11 individuals, including Vadra.
Real Estate
Gurugram's ₹1000 Crore Real Estate Fraud: ED Arrests Universal Buildwell Promoters
In a significant development in a long-running real estate fraud case, the Enforcement Directorate (ED) has arrested three key promoters of Universal Buildwell Pvt. Ltd., who are accused of defrauding hundreds of homebuyers of over ₹1,000 crore through uncompleted projects and diverted funds.
Real Estate
Court Grants Sanjay Bhandari Time to Challenge Fugitive Tag, ED Plea Adjourned
A Delhi court has granted arms dealer Sanjay Bhandari time to challenge the July 5 order that declared him a fugitive economic offender. The court also deferred proceedings on the Enforcement Directorate's (ED) plea for confiscation of his properties.
Real Estate Mumbai
Mahesh Babu Faces Legal Notice in Real Estate Scam Case
Tollywood star Mahesh Babu has been served a legal notice in connection with a real estate scam. The Ranga Reddy District Consumer Commission in Telangana has issued the notice after a Hyderabad-based doctor filed a complaint alleging fraud.
real estate news
Delhi High Court Upholds ED's Action Against Real Estate Firm, Imposes Rs 1.25 Lakh Fine on Petitioner
The Delhi High Court has endorsed the Enforcement Directorate's (ED) actions against a real estate firm accused of financial irregularities and slapped a fine of Rs 1.25 lakh on the petitioner for concealing facts.
Real Estate
Enforcement Directorate Raids Raheja Developers Over Alleged Homebuyer Fraud
The Enforcement Directorate (ED) has conducted raids on Raheja Developers Ltd. and its directors, seizing incriminating documents and details of assets in a money laundering case linked to alleged fraud with homebuyers.
Real Estate Mumbai
Mumbai Court Restores ₹952 Crore Vadraj Cement Property in IL&FS Case
The Mumbai Special Court (PMLA) has restored properties worth ₹952 crore of Vadraj Cement to Nuvoco Vistas Corporation Ltd., a subsidiary of the Nirma Group, following an investigation by the Enforcement Directorate (ED).
Real Estate Mumbai
PMLA Court Restores ₹952 Crore Property to Nuvoco Vistas Corporation Ltd
A special PMLA court in Mumbai has allowed the restoration of assets worth ₹952 crore, previously attached by the Enforcement Directorate (ED) in a money laundering case against IL&FS and its associated entities. The property, a Surat-based cement plant, will now be restored to Nuvoco Vistas Corporation Ltd.
Real Estate Mumbai
DHFL Used Software to Mask Crores Diverted to Shell Firms: ED Charge Sheet
The Enforcement Directorate (ED) has revealed in its charge sheet that Dewan Housing Finance Corporation Limited (DHFL) used a sophisticated software to split crores of diverted funds into thousands of retail loans, masking the fraud from banking regulators. The Wadhawan brothers, promoters of DHFL, are accused of diverting funds to 87 shell firms for personal and business use.
Real Estate Mumbai
ED Unveils Blueprint of Betrayal: ₹12,000 Crore Real Estate Scandal Rocks Top Builders
The Enforcement Directorate (ED) has launched a major crackdown on real estate fraud, raiding 15 locations in Delhi-NCR and Mumbai. The ₹12,000 crore scam involves prominent builders like JP Infratech, Gaursons Group, and Gulshan Group, with allegations of fund diversion and money laundering.
Real Estate
ED Cracks Down on ₹12,000 Crore Real Estate Scam Involving Top Builders
In a major crackdown on real estate fraud, the Enforcement Directorate (ED) has launched coordinated raids across 15 locations in Delhi-NCR and Mumbai, targeting JP Infratech, JP Associates, and other prominent builder groups. The investigation focuses on allegations of fund diversion, money laundering, and the betrayal of thousands of homebuyers and investors.
Real Estate Mumbai
ED Conducts Raids on Jaypee Associates and Other Real Estate Firms in ₹12,000 Crore Money Laundering Case
The Enforcement Directorate (ED) has launched a major operation, raiding several real estate companies, including Jaypee Associates, in Delhi-NCR and Mumbai. The raids are part of an investigation into a massive money laundering and cheating scandal estimated at ₹12,000 crore.
Real Estate
Enforcement Directorate Raids Jaypee Infratech and Others in ₹12,000 Crore Fraud Case
The Enforcement Directorate (ED) has conducted multiple searches against Jaypee Infratech, Jaiprakash Associates, and other entities involved in a ₹12,000 crore fraud case, focusing on the alleged diversion of funds from homebuyers and investors.
Real Estate Mumbai
ED Raids Major Real Estate Firms in Rs 12,000 Crore Fraud Case
The Enforcement Directorate (ED) has conducted raids at 15 locations in Delhi, NCR, and Mumbai, targeting major real estate players over a suspected ₹12,000 crore financial fraud. The raids are part of a money laundering probe under the Prevention of Money Laundering Act (PMLA).
Real Estate
The Dark Side of Power: Ex-UCO Bank Boss’s Multi-Crore Fraud Unveiled
The Enforcement Directorate (ED) has uncovered a web of financial crimes linked to Subodh Kumar Goel, the former CMD of UCO Bank, involving bribes, shell companies, and family proxies.
real estate news
ED Raids Punjab Real Estate Tycoon Jarnail Singh Bajwa in Rs 600 Crore Fraud Case
The Enforcement Directorate (ED) has conducted multiple raids on locations linked to Jarnail Singh Bajwa, a prominent Punjab real estate developer, in connection with a Rs 600 crore money laundering case. Over 44 FIRs have been registered against Bajwa, primarily for fraud and forgery.
real estate news
Real Estate Tycoon Anil Mithas Arrested in Rs 165 Crore Loan Fraud Case
Real estate magnate Anil Mithas has been arrested in connection with a massive Rs 165 crore loan fraud case. The arrest highlights the growing scrutiny on financial irregularities in the real estate sector.
Real Estate
ED Unearths Massive INR 1,000 Crore Land Fraud in Goa
The Enforcement Directorate (ED) has uncovered a significant land fraud case worth INR 1,000 crore in Goa, leading to multiple raids and the seizure of various high-value assets, including real estate and luxury vehicles.