The Enforcement Directorate has attached 34 properties in Mysore, valued at Rs 40.08 crore, linked to the MUDA scam. This involves illegal allotments by former commissioner GT Dinesh Kumar, with total attachments reaching Rs 440 crore.
The Enforcement Directorate has provisionally attached 10 immovable properties worth Rs 15.41 crore linked to accused in a Rs 734 crore GST fake input tax credit scam, underscoring strict regulatory actions in Ranchi's real estate market. This move highlights ongoing efforts to curb fraud in the sector.
Enforcement Directorate arrests WTC Group promoter Ashish Bhalla over alleged fraud involving Rs 3,000 crore in Faridabad real estate projects, diverting funds to shell companies and foreign entities. Hundreds of investors duped through promised but undelivered plots in Sectors 111-114, indicating massive financial misuse. ED custody granted for interrogation.
BRERA urges government to form a team to help homebuyers recover dues or get possession from defaulting real estate companies.
ED investigates potential Russian land mafia involvement in Goa's real estate between 2000-2007, seeking state government's assistance to scrutinize large-scale land acquisitions by Indian companies believed to front for illegal Russian ownership.