real estate

Bengaluru, March 16 – The Enforcement Directorate (ED) conducted searches at the offices of Mantri Developers, a prominent real estate firm based in Bengaluru, and at the residences of its founder and Chairman, Sushil Mantri, on Monday, as part of an investigation into alleged money laundering...

Srinagar, March 16 Police on Monday seized assets worth crores belonging to an alleged drug peddler in Pulwama district of Jammu and Kashmir, officials said.Police seized four immovable properties belonging to "notorious drug peddler" Mukhtar Ahmad Bhat, a resident of Rakh e Lajoora, in...

New Delhi, March 15 Real estate startup Officebanao, a commercial interiors platform, has raised nearly USD 4 million (approximately Rs 35 crore) from investors to expand its business.Officebanao, based in Delhi-NCR, is involved in interior design and fit-outs of commercial real estate...

New Delhi, March 15 Real estate major DLF has sold properties, mainly homes, worth Rs 5,250 crore to non-resident Indians (NRIs) during the April-December period of this fiscal, contributing one-third to the company's total sales bookings.According to the investor's presentation, India's...

Berhampur (Odisha), March 13 Two individuals were arrested on Friday for allegedly defrauding a man of Rs 75 lakh in the Ganjam district of Odisha by selling him a plot of land that had already been sold to other people, police said.The accused real estate brokers have been identified as...

New Delhi, March 13 Housing sales across India's top 50 cities fell by 3% last year to 6.14 lakh units, while increasing by 16% in value to Rs 8.46 lakh crore, according to CREDAI and Liases Foras.On Friday, the realtors' apex body, the Confederation of Real Estate Developers' Associations of...

Bengaluru, March 12 – The Enforcement Directorate (ED), Bengaluru Zonal Office, filed a prosecution complaint (chargesheet) against Valmark Realty Holdings Private Limited and 19 other accused, including certain officials of the Bruhat Bengaluru Mahanagara Palike (BBMP), on Thursday, in...

New Delhi, March 12 The Enforcement Directorate said on Thursday that it has attached fresh assets worth over ₹581 crore belonging to RHFL and RCFL, companies of Reliance Group Chairman Anil Ambani.An order was issued on March 11 to attach land parcels in Goa, Kerala, Karnataka, Punjab, Tamil...

New Delhi, March 12 Raymond Realty announced on Thursday the launch of a 9-acre housing project in the Mumbai Metropolitan Region (MMR), with an expected revenue of Rs 2,000 crore.In a regulatory filing, the company stated that it has launched a 9-acre housing project called 'Ten X District 9'...

New Delhi, March 12 Real estate firm Aurum PropTech Ltd has sold two commercial buildings in Navi Mumbai for ₹112 crore and will use the funds to prepay debt and strengthen its Artificial Intelligence (AI) capabilities.In a regulatory filing, Aurum PropTech informed that its board approved the...

Bengaluru, March 12 Eight people, including two minors, have been arrested in connection with the kidnapping and murder of a real estate businessman on the outskirts of the city, police said on Thursday.The deceased, identified as Gopal alias Gopi, a resident of Honnakalasapura village in...

Chandigarh/New Delhi, March 11 The Enforcement Directorate has registered a money laundering case and conducted searches at multiple locations on Wednesday in connection with the alleged embezzlement of Rs 590 crore from the accounts of the Haryana government, maintained with IDFC First Bank, in...

New Delhi, March 11 The Supreme Court on Wednesday criticized the CBI for its investigation into the alleged "unholy nexus" between banks and developers to defraud homebuyers in Delhi-NCR and other parts of the country, stating that prolonging the investigation would only cause more distress to...

Lucknow, March 11 – The Enforcement Directorate (ED) has provisionally attached immovable properties worth approximately Rs 313.12 crore belonging to Ansal Properties & Infrastructure Ltd (APIL) under the provisions of the Prevention of Money Laundering Act (PMLA).The action was taken by the...

New Delhi, March 11 The Enforcement Directorate conducted searches at 19 locations on Wednesday in connection with alleged embezzlement of ₹590 crore from the accounts of the Haryana government, maintained with IDFC First Bank in Chandigarh, sources said.The agency conducted searches in...

Bengaluru, March 10 Karnataka Home Minister G Parameshwara said on Tuesday that he had directed the CID to investigate the alleged kidnapping and murder of a real estate businessman from Anekal, whose body was found in neighboring Tamil Nadu on March 9.The minister was responding to a question...

Mathura (UP), March 10 An RLD member of the UP legislative council (MLC) and four others have been booked here on the orders of a court for allegedly forging documents and attempting to grab land and extort Rs 5 crore from a company, police said on Tuesday.However, the MLC, Yogesh Nauhwar...

Bengaluru, March 9 The body of a real estate businessman was found with severe injuries in neighboring Tamil Nadu on Monday, a day after he was allegedly kidnapped by a gang near here, police said.The victim, identified as Gopal alias Gopi, a resident of Honnakalasapura village in Anekal taluk...

Guwahati, March 9 – The Enforcement Directorate (ED), Guwahati Zonal Office, has provisionally attached six immovable properties worth ₹5.64 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a case against Indreswar Kalita, an IAS officer and...

Bengaluru, March 9 The body of a real estate businessman was found with severe injuries in neighboring Tamil Nadu on Monday, a day after he was allegedly kidnapped by a gang near here, police said.The victim, identified as Gopal alias Gopi, a resident of Honnakalasapura village in Anekal taluk...