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Gurugram's ₹1000 Crore Real Estate Fraud: ED Arrests Universal Buildwell Promoters

Real Estate

Gurugram's ₹1000 Crore Real Estate Fraud: ED Arrests Universal Buildwell Promoters

In a significant development in a long-running real estate fraud case, the Enforcement Directorate (ED) has arrested three key promoters of Universal Buildwell Pvt. Ltd., who are accused of defrauding hundreds of homebuyers of over ₹1,000 crore through uncompleted projects and diverted funds.

July 24, 2025
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Chandigarh: Promoters of Universal Buildwell Arrested for Massive Real Estate Fraud

real estate news

Chandigarh: Promoters of Universal Buildwell Arrested for Massive Real Estate Fraud

The Directorate of Enforcement (ED) in Gurugram has arrested Raman Puri, Varun Puri, and Vikram Puri, the former directors of Universal Buildwell Pvt Ltd, for their involvement in a significant real estate fraud. The trio had been absconding for over seven years and were declared proclaimed offenders.

July 23, 2025
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ED Arrests Ex-Promoters of Real Estate Firm for Massive Fraud

Real Estate

ED Arrests Ex-Promoters of Real Estate Firm for Massive Fraud

The Directorate of Enforcement (ED) has arrested former promoters of Universal Buildwell for allegedly defrauding homebuyers and investors in a real estate scam. The accused were produced before a special court in Gurugram and remanded to custody.

July 23, 2025
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NCLT Approves Resolution Plan for Universal Buildwell's Stalled Projects

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NCLT Approves Resolution Plan for Universal Buildwell's Stalled Projects

The National Company Law Tribunal (NCLT) has approved a resolution plan to revive the stalled projects of Universal Buildwell, a leading real estate developer. This move is expected to bring new hope to homebuyers and investors who have been waiting for y

March 10, 2025
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