Real Estate Mumbai
DRI Cracks Down on Gold Smuggling Syndicate in Mumbai: Rs 12.58 Crore Gold Seized
In a major operation code-named 'Operation Golden Sweep', the Directorate of Revenue Intelligence (DRI) apprehended 13 individuals and seized 10.488 kg of 24 karat gold, valued at Rs 12.58 crore, from the Chhatrapati Shivaji Maharaj International Airport in Mumbai.
Real Estate
Kerala's Economy Struggles as Gold Smuggling Dwindles Post-Duty Cut
Kerala's economic growth plummeted to 6.19% in 2024-25, the slowest in South India, following Finance Minister Nirmala Sitharaman's decision to reduce gold import duty. The move, aimed at curbing smuggling, has severely impacted sectors like real estate and construction.
Real Estate Mumbai
Mumbai Airport Customs Seizes Smuggled Gold Worth ₹3.60 Crore at CSMIA
Mumbai: In two separate incidents, Mumbai Airport Customs officials at Chhatrapati Shivaji Maharaj International Airport (CSMIA) have seized gold worth ₹3.60 crore, highlighting the ongoing efforts to curb illegal smuggling activities.
Real Estate
Caught with 14.2kg of Gold: Karnataka DGP’s Daughter Ranya Rao’s Unexpected Real Estate Journey
Ranya Rao, the daughter of the Karnataka DGP, was apprehended at Bengaluru's Kempegowda International Airport with 17 gold bars weighing 14.2kg. Her unexpected background as a real estate freelancer in Dubai adds a layer of intrigue to the case.
Real Estate Pune
Pune Police Seizes Tempo Truck Loaded with ₹138 Crore Worth of Gold Jewellery
In a significant crackdown, the Pune Police recently seized a tempo truck loaded with gold jewellery worth ₹138 crore. The operation involved multiple agencies and shed light on the intricate network of illegal gold smuggling in the region.