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.
Astha state head detained
Jun 09, 2013
BHUBANESWAR: The Crime Branch (CB) on Friday detained Subhransu Lenka, state coordinator of controversial Astha International Limited, a Surat-based money circulation company, accused of embezzling crores of public deposits in Odisha.
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.
Congress seeks law banning chit funds
Jun 06, 2013
BHUBANESWAR: Demanding a CBI probe into the multi-crore chit fund scam, Congress on Wednesday staged demonstrations in all 30 districts.
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.
Minister Acharya has links with Seashore: Samata Kranti
Jun 05, 2013
BHUBANESWAR: The newly-floated Samata Kranti Dal (SKD) on Tuesday alleged that Finance Minister Prasanna Acharya has links with Seashore company, which has duped common people of crores of rupees, and demanded his removal from the Cabinet.
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.
Chit fund judicial probe a cover-up act: KV Singhdeo
Jun 04, 2013
BHUBANESWAR: State BJP president KV Singhdeo on Sunday held the government squarely responsible for the chit fund scam and said the judicial commission instituted by the government is a cover-up exercise. He kicked off the third leg of his statewide mass contact campaign from Keonjhar district.
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.
Police seal chitfund offices in Odisha
May 30, 2013
Cracking down on ponzy scheme companies, Odisha police said three more offices of Seashore Group were sealed and one of the directors of Artha Tatwa (AT) Group was arrested today, official sources said.

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