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...
Noida Court Orders FIR Against Gayatri Hospitality & Realcon for Fraud, Cheating Homebuyers
Mumbai builders booked for failing to deliver apartments on time, violating MOFA and IPC.
A Delhi-based developer, Manoj Bhardwaj, was arrested for allegedly duping 455 investors across several cities with fake real estate projects.
Yamuna Expressway Industrial Development Authority cancels Supertech's Upcountry project due to forged documents.
Odisha real estate builders fear market slowdown due to recent scams. CREDAI-Odisha Chapter forms scrutiny committee to restore trust.
DDA's 2008 housing scheme in Vasant Kunj, South Delhi, remains largely unoccupied due to lack of basic amenities like water and electricity.