fraud
Ecogreen Real Estate has been banned from mobilizing funds from public investors as well as from launch any new scheme. It was noted by SEBI that Uttar Pradesh based company was inviting applications to book plots of residential/commercial land under ‘Land-Linked – One Time Payment Plan’ scheme. The plan seems to be unauthorized ‘Collective Investment [...] Continue Reading »
Bombay High Court on Tuesday granted interim stay to senior bureaucrat T C Benjamin, on an order directing the Maharashtra Anti- Corruption Bureau (ACB) to investigate accusations against him in an alleged real estate scam. The ACB registered an FIR against Benjamin, the Principal Secretary of the State Urban Development Department, and developer Niranjan Hiranandani, [...] Continue Reading »
Gowri Shankar Gupta, a prominent realtor, has been arrested on 22nd June in connection with a criminal case filed by construction giant DLF. He was called for questioning and subsequently arrested, in accordance to a pending case of cheating Hyderabad Metropolitan Development Authority (HMDA). Soon after his arrest, the accused complained of chest pain and [...] Continue Reading »
