Latest Realty News

Mar 16, 2015
Kolkata: Sudipta Sen, the chief architect of the Rs. 2,000-crore Saradha chit fund scam, parked hard earned investor funds into loss-making companies
Mar 10, 2015
Kolkata: Land prices have crashed in Kolkata
Feb 14, 2015
BHUBANESWAR: The economic offence wing (EOW) of the state crime branch proposed to the finance department that it attach the properties of two money circulation companies
Jan 19, 2015
Kolkata: Shib Narayan Das, director of Saradha Realty, was remanded in CBI custody for four days by a city court in connection with the multi-crore chit fund scam
ED attaches Rs 158 Cr. Seashore property
Dec 04, 2014
BHUBANESWAR: A week after attaching Rose Valley Group's Rs 295 crore bank balance, the Enforcement Directorate (ED) attached Seashore Group's assets worth over Rs 158 crore
CBI arrests builder in Artha Tatwa fraud
Nov 15, 2014
BHUBANESWAR: The CBI arrested a builder on charges of embezzling Artha Tatwa (AT) Group funds
12 more builders under scanner
Nov 07, 2014
BHUBANESWAR: A day after arresting two builders Vineet Lalani and Dilip Mohanty in connection with AT Group scam, the CBI zeroed in on at least 12 other builders
Land of 3 Ponzi companies seized
Nov 01, 2014
BHUBANESWAR: Khurda district administration confiscated properties of four Ponzi firms in Khurda and Tangi tehsils
Enforcement directorate plans to attach Seashore property
Oct 31, 2014
BHUBANESWAR: The enforcement directorate (ED) is planning to re-attach the Seashore Group's properties, which were earlier seized by the Crime Branch
Chit fund firm land attached
Sep 29, 2014
The government has taken possession of 12 acre of chit fund firm Safex Infra India Private Limited in Ganjam district
CBI arrests Mohanty in Artha case
Sep 23, 2014
The Central Bureau of Investigation (CBI) arrested former advocate-general (AG) Asok Mohanty for his alleged links with Pradeep Sethy, chairman-cum-managing director of money deposit circulation company Artha Tatwa (AT) Group
Stock broker, realtor held by CBI in AT chit fund scam
Sep 22, 2014
The Central Bureau of Investigation (CBI) today arrested a real estate developer and a stock broker in connection with the Artha Tatwa (AT) Group chit fund case
Govt attaches chit fund cos land
Sep 21, 2014
The state government took possession of over 12 acre in Ganjam district belonging to two chit fund companies, Artha Tatwa (AT) and Golden Land Private Limited
Chit Fund Victims Await CGAI Nod
Jun 13, 2014
BHUBANESWAR: While the West Bengal Government has made substantial progress in distributing compensation to chit fund victims, the duped investors of Odisha are not as lucky.
Payment Default: Cases Registered against Chit Fund Firm
Mar 27, 2014
THIRUVANANTHAPURAM: Various police stations in Thiruvananthapuram and Kollam districts have registered cases against a private chit fund firm which allegedly defaulted in repaying maturity amount to investors.
Police seek annulment of Artha Tatwa Group’s assets
Jan 29, 2014
BHUBANESWAR: The Commissionerate Police have written to the State Finance Department for annulment of property of non-banking financial company Artha Tatwa Group that allegedly duped investors of more than Rs400 crore.
Delay in assets attachment of Artha Tatwa Group irks govt
Jan 23, 2014
BHUBANESWAR: The state government has asked commissionerate of police to expedite the process to attach property of controversial Artha Tatwa (AT) Group. The money-circulation company is accused of duping thousands of investors of more than Rs 350 crore.
Govt attaches properties of 'cheat' fund company
Jan 21, 2014
BHUBANESWAR: The state government has ordered attachment of properties of Flourish Development India, which is accused of misappropriating nearly Rs 100 crore of over 5,000 investors in the state.
Chit funds companies under lens in Chhattisgarh
Jan 04, 2014
RAIPUR: Chhattisgarh government has issued an alert to the district and police administration across the state to give a close watch on the activities of chit fund companies.
Odisha orders property attachment of Saradha, Seashore Groups
Dec 09, 2013
BHUBANESWAR: Odisha government has issued an interim order for the attachment of properties of Kolkata-based ponzi scheme firm Saradha Group and the state-based Seashore Group of companies which allegedly duped investors of crores of rupees.
Government misleading people on chit fund scam probe: BJP
Sep 12, 2013
BHUBANESWAR: The BJP on Wednesday slammed the State Government for misleading people on the agencies investigating into the multi-crore chit fund scam.
Opposition turns Ponzi heat on government
Aug 27, 2013
BHUBANESWAR: The state assembly on Monday witnessed a marathon debate on the chit fund scam, with the opposition alleging that at least four cabinet ministers of the Naveen Patnaik government were involved in it. The oppsition also said two prominent BJD leaders were involved and sought a CBI inquiry to unravel the truth.
Opposition seeks white paper on chit fund
Aug 23, 2013
BHUBANESWAR: The assembly on Thursday witnessed noisy scenes over the chit fund scam with the opposition parties demanding a white paper on it.
Chit fund panel extends affidavit filing deadline
Aug 22, 2013
CUTTACK: The Justice R K Patra Commission of Inquiry, probing into the multi-crore chit fund scam in the state, on Wednesday extended the deadline for submission of compliants before it by 18 days.
Duped investors flay govt inaction
Aug 22, 2013
BHUBANESWAR: Scores of investors, duped by several chit fund companies in Odisha, took to the streets here on Wednesday, protesting against the lackadaisical attitude of the government in refunding their imoney.

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