Chimanlal Suresh Kumar, a textile trader turned real estate mogul, is under investigation for encroaching and selling lake land at Shastripuram, cheating hundreds of buyers out of crores.
Real EstateMafiaHyderabadCskChimanlal Suresh KumarReal EstateAug 15, 2024
Chimanlal Suresh Kumar is a textile trader turned real estate mogul who is under investigation for encroaching and selling lake land at Shastripuram.
CSK is alleged to have encroached on the land of the Nizam era's Rukn-Ud-Dowla lake at Shastripuram and sold it to hundreds of buyers, cheating them out of crores.
CSK allegedly made over `400 crore from the scam.
Dr Lubna Sarwath, an activist-politician, lodged a complaint against CSK with HYDRAA commissioner A.V. Ranganath.
CSK is named in seven cases involving cheating, forgery, and threatening cases.
India's real estate market is witnessing a significant shift, with luxury homes taking the lead in the latest sales figures. Mumbai, Bengaluru, and Pune are leading the charge, while luxury homes dominate the market.
Bollywood icons Amitabh Bachchan and his son, Abhishek Bachchan, have made a significant real estate investment by purchasing properties worth nearly Rs 25 crore in the prime locality of Mulund West, Mumbai. The properties are part of Oberoi Realty's prem
Today marks the final day for candidates to submit their nominations for the Maharashtra state elections. Notable political figure Nawab Malik is set to file his nomination from the Mankhurd-Shivaji Nagar constituency.
Sh. Kuldip Narayan, IAS, Joint Secretary & Mission Director (Housing for All), Ministry of Housing & Urban Affairs, highlights the significant role of the real estate sector in fostering socio-economic development.
In an effort to combat air and noise pollution, the Pune Municipal Corporation (PMC) has implemented stringent measures to regulate and penalize construction sites that violate environmental norms.
In Budget 2025, the government is expected to prioritize fiscal prudence and economic growth, with a particular emphasis on tax reforms and the real estate and railway sectors, according to Manish Chowdhury of StoxBox.