Real Estate Mumbai
ED Seizes Control of Congress-Linked AJL Assets Valued at Rs 661 Crore
The Enforcement Directorate (ED) has issued notices to take possession of assets worth Rs 661 crore linked to the Congress party through Ajay Laxmi Properties Limited (AJL). The notices require occupants to vacate the properties or transfer rent proceeds to the ED.
Real Estate
From Real Estate Dynamo to Odisha's First Muslim MLA: Congress’s Sofia Firdous is Making Waves
Sofia Firdous, a rising star in the real estate business, has now made history by becoming Odisha's first Muslim MLA. Her journey from a male-dominated industry to the political forefront is a testament to her perseverance and dedication.
Real Estate
Unveiling the Cash Underbelly: 75-80% of Farmland Deals Still Run on Off-the-Books Cash
Despite stringent measures, the real estate sector, particularly land transactions, continues to thrive on opaque and cash-fueled deals. A viral post highlights how 75-80% of farmland deals in India are still conducted under the table, raising concerns about transparency and regulation.
real estate news
Unveiling the Secrets of India's Cash-Driven Farmland Deals
Despite stringent regulations and crackdowns, a significant portion of farmland transactions in India continue to be conducted in cash, raising questions about transparency and accountability in the real estate sector.
Real Estate Mumbai
ED Seizes Properties Worth ₹115.86 Crore in NSEL Fraud Case
The Enforcement Directorate (ED) has attached properties worth ₹115.86 crore in the ongoing investigation of the NSEL (National Spot Exchange Limited) fraud case. The probe was initiated under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, based on an FIR registered in Mumbai.
Real Estate Mumbai
ED Attaches Additional Rs 116 Crore Worth Assets in NSEL Scam
The Enforcement Directorate (ED) has attached fresh assets worth Rs 116 crore in the ongoing investigation of the National Spot Exchange Limited (NSEL) scam. The assets, primarily immovable properties located in Mumbai, bring the total attached value to a significant figure, highlighting the ED's commitment to recovering funds and ensuring justice for the victims.