In a significant development, two real estate dealers have been arrested in Khammam, Telangana, for their involvement in an extortion plot. The police also seized three firearms during the raid. One of the accused, Riyaz, had been on the run but was final
Real Estate DealersExtortionKhammamFirearmsPolice ArrestReal Estate MaharashtraNov 17, 2024
The main reason for the arrest of the real estate dealers is their involvement in an extortion plot against a local businessman in Khammam, Telangana.
The accused are being charged under IPC Section 120 (B) read with Section 34 and Section 25 (1) A of the Arms Act for their involvement in the extortion plot and possession of firearms.
Three firearms were seized during the police operation in Khammam.
The Khammam Police conducted a thorough investigation, tracked down the suspects, and carried out the arrests. They are also continuing the investigation to identify any other accomplices.
The public can help by remaining vigilant and reporting any suspicious activities to the nearest police station or through the official helpline numbers provided by the Khammam Police.
Real estate analysts point to a shift in homebuyers' preferences and increasing prices in major micro-markets as registrations remain flat
Mumbai witnesses another milestone in the residential real estate market as Arkade Developers announces a sales benchmark of over Rs 115 crore on the launch day of their two projects.
As the festive season approaches, the Indian housing market is experiencing a surge in demand. Discover how favorable economic conditions, government schemes, and cultural traditions are driving this trend.
Godrej Properties has launched a qualified institutional placement (QIP) to raise up to ₹6,000 crore. This move aims to fund the company's ambitious expansion plans, particularly in key markets like Delhi-NCR, MMR, Pune, Bengaluru, and Hyderabad.
The Hiranandani Group, one of India's leading real estate developers, has officially entered the vibrant real estate market of Pune by partnering with Krisala Developers on a significant 105-acre project.
South India's investment landscape is evolving, with more people turning to the stock market. Cities like Bengaluru, Chennai, and Kochi are witnessing a surge in retail investors, driven by better financial awareness and digital trading platforms.