Real Estate
ED Seizes ₹927 Crore Assets in Bengaluru Real Estate Fraud
The Enforcement Directorate (ED) has provisionally attached assets worth ₹927 crore belonging to Bengaluru-based real estate firm Ozone Urbana Infra Developers and its promoter, S. Vasudevan, in a major crackdown on financial fraud.
Real Estate
ED Seizes Rs 423 Crore Properties in Bengaluru Real Estate Fraud Case
The Enforcement Directorate (ED) has provisionally attached properties worth Rs 423.38 crores in connection with a real estate fraud case involving Ozone Urbana Infra Developers Pvt. Ltd. and its promoters in Bengaluru.
real estate news
ED Seizes Properties Worth Rs 423 Crores in Bengaluru Real Estate Fraud
The Enforcement Directorate (ED) has provisionally attached properties worth Rs 423.38 crores in connection with a real estate fraud case against Ozone Urbana Infra Developers Pvt. Ltd. and its promoters. The company is accused of misappropriating funds and failing to deliver residential units to homebuyers. Further investigation is ongoing.
real estate news
NRIs and Domestic Homebuyers Struggle as Ozone Urbana Township Remains Stalled
Dubai-based Errol Norrohna and other NRIs who invested in Bengaluru’s Ozone Urbana township are facing financial and emotional distress as the project, promised to be delivered by 2016-17, remains incomplete.
Real Estate
UAE-based Indian Expats Trapped in ₹3,300 Crore Bengaluru Real Estate Crisis
Hundreds of UAE-based Indian expatriates are facing financial and legal distress after investing in the incomplete Ozone Urbana residential township in Bengaluru. The project, launched in 2012, remains largely unfinished, leading to allegations of fraud and mismanagement.
Real Estate
Karnataka RERA Holds Ozone Urbana Infra Developers Liable for Non-Compliance
Karnataka Real Estate Regulatory Authority (RERA) has ordered Ozone Urbana Infra Developers to refund amounts to affected homebuyers for failing to complete a project and adhere to regulatory norms.
Real Estate
Bengaluru Homebuyers Withdraw Cases from Karnataka Real Estate Regulatory Authority
Homebuyers of the Ozone Urbana project in Bengaluru have withdrawn all seven cases filed with the Karnataka Real Estate Regulatory Authority (KRERA), citing the body's inability to provide effective solutions.
real estate news
Bengaluru Real Estate: Homebuyers Withdraw Ozone Urbana Cases from KRERA
Homebuyers of the Ozone Urbana project in Bengaluru have withdrawn all seven cases filed with the Karnataka Real Estate Regulatory Authority (KRERA), citing the authority's lack of effectiveness in addressing their grievances.
Real Estate
Real Estate Fraud Allegations: Ozone Urbana Developers Denies Claims in Bangalore
The Central Crime Branch (CCB) has registered a case against Ozone Urbana Developers Pvt Ltd, a leading real estate company in Bangalore, amid allegations of fraud. The company has strongly denied all claims and stated that they will cooperate with the in
Real Estate
Police Register Cheating Case Against City-Based Real Estate Firm
The Central Crime Branch (CCB) of the city police has registered a cheating case against a prominent real estate company, Ozone Urbana Developers Private Limited, for alleged fraudulent activities.
Real Estate
Karnataka RERA Orders Refund of Rs 82 Lakhs to Homebuyer Due to Delay in Possession
Karnataka Real Estate Regulatory Authority directs Ozone Urbana Infra to refund Rs 82 lakhs to homebuyer for failing to provide possession of flat on time.
Real Estate
Karnataka RERA Orders Refund of Rs 82 Lakhs to Homebuyer Due to Delay in Possession
Karnataka Real Estate Regulatory Authority directs Ozone Urbana Infra to refund Rs 82 lakhs to homebuyer for failing to provide possession of flat on time.