Mahesh Babu, the renowned Telugu actor, is embroiled in a real estate scam controversy after a buyer alleges fraud. The Ranga Reddy District Consumer Commission has issued a notice to the actor for his involvement in promoting a company that sold fake plots.
Mahesh BabuReal Estate ScamConsumer CommissionFraudSs RajamouliReal Estate NewsJul 07, 2025
Mahesh Babu is alleged to have endorsed a real estate company that sold fake plots, duping customers who invested their money.
A Hyderabad-based doctor filed a complaint with the Ranga Reddy District Consumer Commission, alleging that she invested Rs 34.8 lakh in non-existent plots.
Yes, in April 2024, the Enforcement Directorate (ED) summoned him in a money laundering case involving Sai Surya Developers and Surana Group.
Mahesh Babu is currently working on a film with director SS Rajamouli, which is rumored to star Priyanka Chopra. The details of the project are being kept under wraps.
The action highlights the growing scrutiny of celebrities and public figures who endorse real estate projects and the legal liabilities they may face.
Signature Global, a leading real estate firm, has reported a 4% increase in its net debt to Rs 1,020 crore in the second quarter of the fiscal year. Despite this, the company is optimistic about the strong housing demand and is looking to capitalize on ma
State Street Corporation, a leading financial services company, has secured a significant office space in Mumbai by leasing an entire tower in the Equinox Business Park. This strategic move is aimed at establishing a Global Capability Center (GCC) to supp
India's real estate sector witnessed a significant influx of $4.15 billion in private equity investments in 2024, marking a 32% annual growth. The warehousing sector led the charge, highlighting a shift towards modern logistics and e-commerce facilities.
The real estate sector in Mumbai has welcomed the BMC's decision to pause construction in areas with poor air quality, highlighting the move's potential to reduce environmental impact.
Mahindra Lifespaces has secured a ₹950 crore redevelopment deal for three prestigious housing societies in Mumbai. This significant contract marks a major milestone in the company's expansion in the real estate sector.
This week, investors are looking forward to the earnings reports of several key companies, including Jai Balaji Ventures, which operates in project management consultancy, real estate development, and engineering procurement. These reports can provide ins