Real Estate
PSUs Face Scrutiny in BluSmart Funds Misuse Allegations
Public Sector Units (PSUs) are under intense scrutiny following allegations of funds misuse by BluSmart Energy, a prominent electric vehicle (EV) company. The investigation has revealed potential irregularities involving investments in real estate and trading in Gensol's shares, raising serious concerns about corporate governance and financial oversight.
Real Estate Mumbai
Navi Mumbai Unites Against CIDCO’s Controversial Property Transfer Charges
Hundreds of Navi Mumbai groups are rallying against the CIDCO's transfer charges on property sales, arguing that the fees are unfair and lack legal backing. The movement is gaining momentum as residents and community leaders voice their concerns.
real estate news
SEBI Unveils How Jaggi Brothers Exploited Gensol Engineering for Personal Gains and Market Manipulation
The Securities and Exchange Board of India (SEBI) has exposed how the Jaggi brothers misused Gensol Engineering for personal financial gains, real estate investments, and stock market manipulation. The 29-page order reveals an intricate web of deceit and financial mismanagement.
Real Estate
Bengaluru Real Estate: BBMP Surpasses Property Tax Collection Goals
In a significant achievement, the BBMP has collected ₹4930 crore in property tax for FY25, successfully reaching 95% of its target. The municipal body is now setting its sights on an even higher goal of ₹6000 crore for the next fiscal year.
Real Estate Maharashtra
PMC Deputy Commissioner Penalized for Mismanagement in Pune
In a significant move, the Pune Municipal Corporation (PMC) has penalized Deputy Commissioner Madhav Jagtap for alleged mismanagement and irregularities in the administration. The decision aims to ensure accountability and better governance in the city.
real estate news
YSRCP Alleges Naidu Misusing Lord Venkateswara for Real Estate Firm
The YSRCP party has called for an investigation into Chief Minister Naidu's alleged misuse of Lord Venkateswara as a brand ambassador for a real estate firm, highlighting concerns over the weakening of institutions.