The CBI registered three FIRs against Logix Infrastructure, Xanadu Estates, and Lotus Green Constructions for alleged land allotment irregularities in Noida’s Sports City projects (2011-2017), causing ₹9,000 crore loss. Initiating action per Allahabad High Court orders, raids were conducted, uncovering collusion between developers and officials. The scam involved underpriced land, unauthorized...
MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.