Latest Realty News

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.
HC rejects realtor's bail
Aug 01, 2013
CUTTACK: The Orissa high court on Tuesday rejected the bail application of realtor Tirupati Panigrahi and two of his associates, who were arrested in December last year for allegedly duping land buyers of crores of rupees.
Crime Branch sniffs money in overseas accounts
Jun 10, 2013
BHUBANESWAR: The Crime Branch (CB), probing the alleged multi-crore fraud by controversial Umamani Home Creations, suspect that the company's chairman-cum-managing director Narayan Chandra Nayak diverted crores of rupees to bank accounts of his relatives, staying in California. Nayak was arrested on June 5.
Builder held for Rs 50 crore housing scheme fraud
Jun 06, 2013
BHUBANESWAR: The Crime Branch (CB) on Wednesday arrested a builder for allegedly raising around Rs 50 crore by floating dubious housing schemes. Managing director of Umamani Home Creations Narayan Chandra Nayak had promised inventors lands, on the outskirts of the city, but reneged on the deal.
Crime Branch seals Hi-Tech head office
May 26, 2013
The Economic Offences Wing (EOW) of Crime Branch (CB) on Saturday sealed the head office of multi-business conglomerate Hi-Tech Group located at SaheedNagar here. The group's chairman TirupatiPanigrahi and two of his associates were arrested in December last year for alleged real estate fraud and are in jail.
Fresh charges: CB to quiz Tirupati again
Jan 01, 2013
BHUBANESWAR: The Crime Branch is likely to take Hi-Tech Group chairman Tirupati Panigrahi on remand again next week for further interrogation, even as the first round of two-day questioning ended on Sunday.
Tirupati Panigrahi held in Bhubaneswar for land ‘fraud’
Dec 26, 2012
BHUBANESWAR: The Crime Branch of Odisha police on Tuesday arrested noted businessman and vice-president of Odisha Cricket Association Tirupati Panigrahi and two of his relatives here for allegedly reneging on the promise of providing residential plots to two men after taking money from them in 2009.

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