All the convicts have been released on bail. ADPO Hemlata Kushwaha informed that the Court on December 6, Kiran Agarwal, the wife of a real estate developer, was among five individuals sentenced for their involvement in a land fraud case.
Madhya PradeshLand FraudSage GroupKiran AgarwalLegal ProceedingsReal Estate MumbaiDec 11, 2024
The individuals sentenced include Kiran Agarwal, the wife of a real estate developer, and four others. All five were found guilty of manipulating land records and defrauding victims.
The court has sentenced all five individuals to three years in jail. However, they have been released on bail pending further legal proceedings.
Kiran Agarwal, the wife of one of the Sage Group's directors, was implicated in the land fraud case. This has raised questions about the company's practices and ethics.
The court has ordered the convicts to pay a fine, which will be distributed among the victims to compensate for their losses.
The verdict has been welcomed by the community, with many expressing hope that it will serve as a deterrent to similar fraudulent activities in the future.
Homebuyers have issued notices to Suraksha Group and other stakeholders over significant delays in the construction of their projects. Ashish Mohan Gupta, president of the Jaypee Infratech Real Estate Allottees Welfare Association, highlighted the growing
A Chinese techie living in the US for 12 years under a H-1B visa was shocked to discover that buying a house in Florida could land him in prison due to a new state law.
The Reserve Bank of India's (RBI) decision to cut the repo rate to 6.25% has been hailed by the real estate sector as a significant move to bolster economic growth and improve the housing market. Real estate stakeholders are optimistic that this rate cut
Nido Home Finance is offering Non-Convertible Debentures (NCDs) with an attractive interest rate of 11%. This article delves into the details to help you decide if this investment is right for you.
This Diwali, real estate developers in Mumbai are rolling out exciting offers for homebuyers, making it a golden opportunity to secure your dream home.
Navi Mumbai-based Siddhivinayak Homes has successfully housed over 2000 families, solidifying its position as a pioneer in the city's real estate sector.