Real Estate Mumbai
79-Year-Old Mumbai Lawyer Loses Rs 64 Lakh in Sophisticated Digital Arrest Scam
A 79-year-old lawyer and his wife from Mumbai fell victim to a highly sophisticated 'digital arrest' scam, losing Rs 64.6 lakh to cyber fraudsters who impersonated law enforcement officials.
Real Estate Mumbai
68 Crore Corporate Fraud Case Registered Against Rizvi Estate & Hotels Pvt Ltd Directors
A ₹68 crore corporate fraud case has been registered against the directors of Rizvi Estate & Hotels Pvt Ltd, involving the fraudulent transfer of shares using forged documents.
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 news
Mumbai Crime News: 30-Year-Old Realtor Duped of ₹4.3 Lakh in Overseas Job Scam; FIR Filed
A 30-year-old real estate broker from Powai, Mumbai, was cheated of ₹4.3 lakh by a fraudster who promised him a job abroad. An FIR has been filed against the accused, Kuldeep Kumar Chaudhary.
real estate news
Beware of Land Sharks: Fake Projects Lure Investors Near Noida International Airport
Unscrupulous land sharks are using elaborate schemes, including car pickups and fake maps, to lure unsuspecting buyers into buying plots near the Noida International Airport. These fraudulent projects promise prime real estate but are often illegal and unregulated.
Real Estate Mumbai
Mumbai Police Investigates Rs 68 Crore Fraud in Family-Run Real Estate Firm
The Economic Offences Wing (EOW) of the Mumbai Police has initiated an investigation into an alleged Rs 68 crore fraud within Rizvi Estates and Hotels Pvt Ltd, following a complaint by builder Akhtar Hasan Rizvi against his ex-wife, daughter, and several associates.
real estate news
NCLAT Upholds Recall of Insolvency Case Against Logix Infrastructure
The National Company Law Appellate Tribunal (NCLAT) has upheld the decision to recall a Corporate Insolvency Resolution Process (CIRP) against real estate firm Logix Infrastructure, deeming the debt claim as fraudulent and malicious.
Real Estate Pune
Pune Techies Fall Victim to Online Share Fraud, Lose Rs 45 Lakh
Two professionals from Pune, a software engineer and a finance expert, lost a total of Rs 45 lakh to online share fraud. The victims were lured into block trading and IPO investments, only to realize they were being scammed.
real estate news
Ahmedabad Resident Files Complaint Against Family for Rs 10 Lakh Housing Fraud
An Ahmedabad resident has filed a complaint with the Vejalpur police, accusing four individuals of fraud, abuse, and threats related to a housing scheme valued at approximately Rs 10 lakh.
real estate news
Guntur Police Nab Mother-Son Duo for Multi-Crore Real Estate Fraud
Nagarampalem police in Guntur have apprehended a woman and her son for orchestrating large-scale real estate frauds by creating fake property documents and swindling victims of several crores.
real estate news
HYDRAA Cracks Down on Fraudulent Liaison Agents: Rs 50 Lakh Scam Unveiled
HYDRAA, the Hyderabad Metropolitan Development Authority, has exposed a gang that defrauded a man of Rs 50 lakh by promising to settle his dispute with the agency. The Commissioner urges citizens to avoid self-styled liaison agents and report issues directly to HYDRAA.
Real Estate
NRI Duped in ₹10.7 Crore Gurugram Land Fraud: How Overseas Indians Can Protect Their Real Estate
A New York-based NRI was allegedly duped of his ₹10.7 crore land in Gurugram through a fake gift deed. Here’s how NRIs can safeguard their real estate assets back home.
real estate news
NRI Duped in ₹10.7 Crore Gurugram Land Fraud: How NRIs Can Protect Their Real Estate Assets
A New York-based NRI was defrauded of his 810 sq. m. plot in Gurugram for ₹10.7 crore using a fake gift deed. Here’s how NRIs can safeguard their property investments back home.
Real Estate Maharashtra
Real Estate Director in Thane Arrested for Fraudulent Permits Scam
Thane’s real estate director, Umrao Singh Prithviraj Ostwal, has been arrested for defrauding buyers with fake construction permits. Thirteen criminal cases are linked to him, affecting numerous unsuspecting property purchasers.
real estate news
Real Estate Director Arrested for Fraudulent Permits in Thane
Thane's real estate director, Umrao Singh Prithviraj Ostwal, has been arrested for defrauding buyers with fake construction permits. 13 criminal cases are linked to him in Thane.
real estate news
Maharashtra Real Estate Scandal: Director Arrested for Massive Fraud
A prominent real estate director in Thane, Maharashtra, has been arrested for orchestrating a large-scale fraud involving the sale of apartments built with forged permits.
Real Estate
Retired Punjab Mandi Board Officer and Wife Fall Victim to Multi-Crore Property Fraud
A retired senior officer of the Punjab Mandi Board and his wife have been cheated of crores in a property fraud case. The house they purchased in 2008 was actually bought in the name of PACL, a real estate company facing a multi-crore scam probed by SEBI.
Real Estate Mumbai
Mumbai Senior Citizen Duped of Rs 1.3 Crore in Flat Investment Scam
A 66-year-old resident of Mulund in Mumbai filed a complaint against a construction firm and its partners for allegedly cheating him and his family of Rs 1.3 crore through a fraudulent investment scheme and a false flat allotment.
real estate news
₹63 Crore Potential Fraud Uncovered in HNG Transactions: Auditor BDO India
Auditor BDO India has flagged ₹63.34 crore in potentially fraudulent transactions by Hindusthan National Glass & Industries Ltd (HNG) during 2019-20 to 2021-22. The transactions involve three entities and are under scrutiny as part of the company's insolvency resolution process.
Real Estate Mumbai
Mumbai Collector Orders Eviction of ‘Illegal Occupants’ from Bandstand Bungalow
The Mumbai Suburban collector has directed the anti-encroachment department to remove alleged encroachers from Marina Manor, a prime property worth around ₹600 crore. Legal actions are also underway to address fraudulent transactions and usurpation of the property.