ED seizes luxury cars, FDs in raids against Orris group over ₹500 crore real estate fraud | Latest News India

ED seizes luxury cars, FDs in raids against Orris group over ₹500 crore real estate fraud | Latest News India

The Enforcement Directorate (ED) seized several documents from the office premises of Orris Infrastructure Pvt Ltd, along with luxury cars, various Fixed Deposits (FDs) and Bank Guarantees (BGs) worth ₹31.22 crore, in connection with an alleged real state fraud of over ₹500 crore, PTI reported. ED conducted these raids on November 25 at 14 locations across Delhi-NCR. The FDs and BGs,...

Mumbai real estate: Amazon Data Services buys 38 acres of land from Lodha Group for ₹450 crore near Mumbai

Mumbai real estate: Amazon Data Services buys 38 acres of land from Lodha Group for ₹450 crore near Mumbai

Amazon Data Services Pvt Ltd has bought a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers, also known as Lodha Group, for ₹450 crore, according to the property registration documents accessed by Proptstack Amazon Data Services Pvt Ltd has bought a 38-acre land parcel in Ambernath near Mumbai from Macrotech Developers. (Picture for representational purposes)(Pexels)...

Mumbai real estate market: Western and central suburbs emerge as key hotspots for real estate investment

Mumbai real estate market: Western and central suburbs emerge as key hotspots for real estate investment

Mumbai real estate market's western and central suburbs have emerged as the key hotspots for real estate investment. This is evident from the fact that around 84% of the total 10,200 properties registered in Mumbai in November 2024 were from the western and central suburbs of Mumbai, according to the recent data shared by the Inspector General of Registration and Controller of Stamps of Maharashtra...

Vietnam court upholds death sentence for real estate tycoon in  billion fraud case

Vietnam court upholds death sentence for real estate tycoon in $12 billion fraud case

Dec 03, 2024 10:42 AM IST A court in Vietnam on December 3 upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal, state media reported. HANOI (Reuters) - A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported....

Avoid buying farmhouses, plots on Yamuna flood plain: Noida authority

Avoid buying farmhouses, plots on Yamuna flood plain: Noida authority

NOIDA: The Noida authority in an advisory issued in national dailies and its own website has appealed to the general public to avoid buying farmhouses or plots on Yamuna flood plain and also in unapproved projects. Currently, hundreds of illegal housing and commercial projects including farmhouse projects are being developed in the notified area prompting the authority to take action against...

Over 88 lakh houses delivered under PMAY-U, govt tells Rajya Sabha

Over 88 lakh houses delivered under PMAY-U, govt tells Rajya Sabha

Dec 02, 2024 08:52 PM IST More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Dec 2 New Delhi, Dec 2 (PTI) More than 88 lakh houses have been delivered to the beneficiaries under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Dec 2. More than 88 lakh houses have...

MHADA lottery 2024: Konkan Board increases number of affordable homes on offer by 4000

MHADA lottery 2024: Konkan Board increases number of affordable homes on offer by 4000

The Maharashtra Housing and Area Development Authority's Konkan Board has decided to increase the number of affordable homes that are part of the 2024 housing scheme from 12,000 to 16,000. These are located in the Mumbai Metropolitan Region (MMR). The Maharashtra Housing and Area Development Authority (MHADA)'s Konkan Board has decided to increase the number of affordable homes on offer under...

Shraddha Kapoor rents apartment in Mumbai for ₹6 lakh per month

Shraddha Kapoor rents apartment in Mumbai for ₹6 lakh per month

Shraddha Kapoor, who is soaring high on the success of her recently released Bollywood blockbuster Stree 2, has taken an apartment on rent in Mumbai’s Juhu area for ₹6 lakh per month, property documents accessed by Zapkey showed. Shraddha Kapoor has taken an apartment on rent in Mumbai’s Juhu area for ₹6 lakh per month, property documents accessed by Zapkey...

Alternative Investment Funds invest more than ₹75,000 crore in real estate, the highest among all sectors

Alternative Investment Funds invest more than ₹75,000 crore in real estate, the highest among all sectors

Alternative Investment Funds have invested close to ₹75,468 crore in the real estate sector over the last decade. This is almost 17% share of the amount invested by AIFs across sectors such as IT/ITeS, financial services, NBFCs, banks, pharma, FMCG, retail, renewable energy, and others. Alternative Investment Funds have invested close to ₹75,468 crore in the real estate sector over the last...

Delayed possession: MahaRERA recovers ₹200 crore from real estate developers in Maharashtra

Delayed possession: MahaRERA recovers ₹200 crore from real estate developers in Maharashtra

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered compensation worth ₹200.23 crore from real estate developers who had failed to hand over possession of housing units to homebuyers on time. MahaRERA update: Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered compensation worth ₹200.23 crore from real estate developers(Mehul R Thakkar/HT)...

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