Latest Realty News

Talks in CD give fresh twist
Jun 22, 2013
BHUBANESWAR: The chit fund scams in Odisha took a new turn on Friday after an audio CD containing purported conversations between an alleged mastermind and two unidentified persons was telecast in a TV channel.
Crime Branch nabs Seashore boss from Mumbai
Jun 20, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of State Crime Branch today arrested controversial Seashore Group’s chairman-cum-managing director (CMD) Prashant Dash from Mumbai.
AT Branch Manager held
Jun 18, 2013
BHUBANESWAR: The branch manager of district unit of Artha Tatwa (AT) Group was arrested by local police on Sunday for cheating investors of crores of rupees.
Luxurious car seized from Astha State chief
Jun 14, 2013
BHUBANESWAR: Like the chit fund bosses AT Group CMD Pradip Sethi and Seashore Group CMD Prashant Das and real estate developer Umamani Home Creations (UHC) managing director Narayan Chandra Nayak, Astha International State head Subhranshu Lenka also rode luxurious cars by duping gullible investors, said the Crime Branch official sources
Pyari sees Naveen role in AT fraud
Jun 13, 2013
BHUBANESWAR: After Union minister and senior Congress leader Srikant Jena, it was OJM chief Pyarimohan Mohapatra's turn to drag chief minister Naveen Patnaik into the chit fund scam worth thousands of crores.
Probe chit fund companies, Ollywood link: NCP
Jun 12, 2013
BHUBANESWAR: While there is a growing public demand for fair probe into the alleged nexus between some politicians and controversial chit fund companies, the NCP on Tuesday urged the city police to unearth the possible links of cinestars with these companies.
Police plan AT trio, media chiefs face-off
Jun 08, 2013
BHUBANESWAR: Controversial AT Group chief Pradip Sethy and two directors Srikrishna Padhi and Manoj Pattnaik were on Friday taken on five-day police remand for further questioning in the alleged embezzlement of public deposits worth nearly Rs 500 crore.
Rs 1.2-cr cars seized from city builder
Jun 07, 2013
BHUBANESWAR: Like chit fund bosses AT Group CMD Pradip Sethi and Seashore Group CMD Prashant Das, the real estate developers Umamani Home Creations (UHC) managing director Narayan Chandra Nayak also maintained a lavish lifestyle by duping investors, who paid money to him to get promised plots of land in the capital city.
Odisha Cricket Association to return AT Group's money
Jun 06, 2013
BHUBANESWAR: Odisha Cricket Association (OCA), in trouble for receiving Rs one crore from the dodgy AT Group for some cricket matches, on Wednesday said it is willing to deposit the money with the state government to benefit small-time investors.
AT fraud: Media heads plead innocence
Jun 05, 2013
BHUBANESWAR: Some media entrepreneurs and builders, who on Tuesday were interrogated for their alleged links with the Artha Tatwa (AT) Group, washed their hands off the fraud and pleaded innocence.
Curious crowds throng thana
Jun 05, 2013
BHUBANESWAR: The much-hyped fraud by AT Group has stirred public curiosity as it was evident during the interrogation of some influential builders, businessmen and media entrepreneurs, having alleged nexus with the company, at Kharvela Nagar police station here on Tuesday.
Govt continues blatant cover-up in chit fund scams: Niranjan
Jun 05, 2013
BHUBANESWAR: Calling the response of the Naveen Patnaik Government to his continued plea to expose the chit fund scam as lackadaisical, former PCC president Niranjan Patnaik has reiterated his demand for an SIT probe under a High Court judge and constituting a corpus fund.
AT agents to come under lens
Jun 04, 2013
BHUBANESWAR: After AT Group's top bosses, police have now decided to turn the heat on agents, who lured gullible investors and collected huge amounts. Police sources said AT Group agents were getting the highest commission, nearly 40%, compared to other money circulation companies in Odisha.
AT Group chief Sethi beaten at his own game
Jun 01, 2013
AT Group CMDPradip Sethi, who allegedly cheated thousands of investors, was taken for a ride by land sharks, who made him buy land at inflated prices. Sethi, who had planned to return investors' heavy interests by selling it at higher rates, failed to dispose it after realizing the real price of the property, police said.
Ex-director of AT Group held in connection with financial scam
May 28, 2013
Police on Monday arrested a former director of AT Group in connection with the Rs 500- crore financial scam in the money circulation company.
SUV, superbike seized, Sethi back in jail
May 28, 2013
Police on Sunday seized three vehicles, including an SUV and a power bike, owned by AT Group's CMD Pradip Sethi. He was arrested here on May 12 for allegedly running an illegal money circulation business in Odisha.
Cops freeze Artha Tatwa accounts
May 25, 2013
BHUBANESWAR: Police on Friday froze 245 accounts of the controversial Artha Tatwa (AT) Group and its arrested CMD Pradip Sethi in 10 banks in the state. However, the volume of deposits in those accounts is being verified.

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