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ED Submits Third Supplementary Charge Sheet in PMC Bank Fraud Case

Real Estate Maharashtra

ED Submits Third Supplementary Charge Sheet in PMC Bank Fraud Case

The Enforcement Directorate (ED) has filed a third supplementary charge sheet against eight additional accused in the ₹6,117-crore fraud involving the Punjab and Maharashtra Co-operative (PMC) Bank and real estate firm HDIL.

August 2, 2025
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HDIL Struggles Amid Market Upswing and Financial Hurdles

real estate news

HDIL Struggles Amid Market Upswing and Financial Hurdles

Housing Development & Infrastructure Ltd (HDIL) has faced significant volatility in today's trading session, despite broader market gains. The company continues to grapple with financial challenges.

March 13, 2025
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Mumbai Police Closes Fraud Case Against HDIL Promoters: Rakesh and Sarang Wadhawan

Real Estate Maharashtra

Mumbai Police Closes Fraud Case Against HDIL Promoters: Rakesh and Sarang Wadhawan

The Economic Offences Wing (EOW) of the Mumbai Police has filed a 'C Summary' report, effectively closing the case against HDIL promoters Rakesh and Sarang Wadhawan. The case involved allegations of illegal sale of office units in the Kaledonia commercial

February 26, 2025
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HDIL Promoter Rakesh Wadhawan Alleges Cheating by Resolution Professional

Real Estate Mumbai

HDIL Promoter Rakesh Wadhawan Alleges Cheating by Resolution Professional

HDIL promoter Rakesh Wadhawan has accused a resolution professional of selling off material worth ₹6 crore for a mere ₹18 lakh

September 11, 2024
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Uncertainty Looms Over Malad Homeowners as HDIL's Insolvency Case Includes Their Land

Real Estate Maharashtra

Uncertainty Looms Over Malad Homeowners as HDIL's Insolvency Case Includes Their Land

The National Company Law Tribunal's (NCLT) ruling on HDIL's insolvency case has left homeowners in Malad's Tagore Park CHSL facing uncertainty, despite protections under MOFA and RERA.

July 17, 2024
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