Real Estate
Mumbai Sessions Court Rejects Anticipatory Bail for Ecstasy Realty Directors in ₹600 Crore Fraud
The Mumbai sessions court has denied anticipatory bail to four directors of Ecstasy Realty in a ₹600 crore real estate fraud case. The court ruled that custodial interrogation is necessary given the scale of the alleged scam.
real estate news
Mumbai Police EOW Arrests Prominent Real Estate Developers for ₹35.7 Crore Fraud
The Economic Offences Wing (EOW) of the Mumbai Police has arrested Ramesh Shah and his son Rahul for allegedly defrauding investors in a failed South Mumbai housing project, Harbor Heights.
real estate news
ED Raids 9 Locations in Delhi, Noida, and Goa in High-Profile Money Laundering Case
The Enforcement Directorate (ED) has conducted raids at nine locations in Delhi, Noida, and Goa as part of a major money laundering investigation linked to the 'Grand Venezia Commercial Complex' real estate project.
Real Estate Maharashtra
Real Estate Developer Arrested for Fraudulent ₹30 Crore Property Scheme
The police have apprehended a real estate developer for defrauding investors of ₹30 crore through a fake property scheme. The project, launched in 2009, promised a variety of amenities including office spaces, residential units, and a commercial mall.
Real Estate
Court Orders Seizure of Real Estate Firm's Assets for Defrauding Investors
A court in Odisha's Balasore district has ordered the attachment of properties of Shri Sai Infrastructure, a real estate firm that duped investors by promising them flats and shops.