Latest Realty News

HC notice to govt, RBI on Seashore plea
Aug 01, 2013
CUTTACK: Acting on the petition filed by Seashore group of companies seeking defreezing of its bank accounts, Orissa High Court Tuesday served notices on the Reserve Bank of India (RBI), state government , crime branch (CB) of the state police and others to respond in this connection.
Seashore CMD denied bail
Jul 27, 2013
BHUBANESWAR: Seashore Group CMD Prashant Kumar Dash was on Friday produced before the Nabarangapur Sub-Divisional Judicial Magistrate (SDJM) Court here for his alleged fraudulent activities and embezzlement of money through Seemanchal Multi Purpose Cooperative Ltd in the periphery of Nabarangpur.
‘Sachin has failed to handle chit fund scam’
Jul 20, 2013
BHUBANESWAR: Being the Union Minister of Corporate Affairs, Sachin Pilot has failed in his responsibility to regulate and monitor the chit companies as most of them had obtained registration from the Ministry of Corporate Affairs. It was his responsibility to save the investors’ money,” alleged State BJP spokesperson Sajjan Sharma on Friday.
‘Chit fund: Centre to cooperate if State wants CBI probe’
Jul 20, 2013
BHUBANESWAR: Union Corporate Affairs Minister Sachin Pilot on Friday said if the Odisha Government requests for a CBI inquiry into the chit fund scams in the State, the Union Government would be ready to help.
Seashore boss’s Mercedes seized from Mumbai
Jul 04, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the Crime Branch seized a luxurious Mercedes-Benz car from the possession of Seashore Group CMD Prashant Dash. The EOW located the car from Mumbai where Dash was arrested by the police.
CB hot on trail of Seashore wealth
Jul 03, 2013
BHUBANESWAR/KORAPUT: After seizing 1,000 silver coins worth nearly Rs 44 lakh from Seashore Group CMD Prasant Dash's bank locker, the Crime Branch (CB) has launched a drive to locate more silver coins and gold ingots, which the company had allegedly purchased in past few years.
Ponzi company CMD again denied bail in Odisha
Jul 02, 2013
KORAPUT: A district court today rejected the bail petition of Seashore Group CMD Prashant Dash in the chitfund scam for the second time.
Seized film was screened in 2011 Mumbai festival
Jul 01, 2013
BHUBANESWAR: When the Crime Branch claimed to seize two reels of forthcoming Odia movie Matira Bandhan (The Inheritance) as the fraud deposit collection company Seashore head Prashant Dash had invested in it, the same film was already screened at the prestigious Mumbai Film Festival organsied by the Mumbai Academy of Moving Image (MAMI) on October 15, 2011 at Cinemax, Sion between 3.30 pm and 5.30 pm in the Indian Frame category. This was revealed by the programme schedule of the festival.
1,000 silver coins seized from Prashant's locker
Jun 30, 2013
BHUBANESWAR: The crime branch (CB) on Saturday seized 1,000 silver coins, each weighing 100 grams, from a bank locker of Seashore Group's CMDPrasant Dash, who has been charged with misappropriating investors' money worth Rs 450 crore.
Seashore bid to win back trust
Jun 28, 2013
CUTTACK: While CMD of Seashore group of companies Prasant Dash is cooling his heels in jail after his bail petition was rejected by a court in Koraput, the company is making efforts to win back the trust of investors.
I had no idea of Seashore investment in my film: Himanshu Khatua
Jun 28, 2013
BHUBANESWAR: Award-winning director Himanshu Khatua, whose movies 'Sunya Swarupa' and 'Kathantara' won critical acclaim spoke on the present status of the Odia film industry, controversy over his latest film 'Matira Bandhana' and the Gen-next filmmakers in an interview with Minati Singha. Excerpts:
Seashore chief in a corner
Jun 27, 2013
BHUBANESWAR: With a flurry of complaints filed following his arrest, Seashore Group chief Prashant Dash finds himself cornered.
Sarala Realcon MD Gayadhar Jena Arrested for Land Fraud
Jun 26, 2013
BHUBANESWAR: Yet another case of land fraud came to light, as the Sahid Nagar police arrested Mr. Gayadhar Jena, the Managing Director of Sarala Realcon Pvt. Ltd. for alleged land fraud. The arrest took place on the complaint of a person, who accused Sarala Realcon of duping him of Rs 8 lakh.
CB quizzes Seashore Group CMD
Jun 22, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the State Crime Branch on Friday quizzed chairman and managing director (CMD) of Seashore Group Prashant Kumar Dash after he was brought by the EOW officials and the Semiliguda police on a six-day transit remand from Mumbai in connection with a multi-crore chit fund scam case.
Seashore gold rush to revive business
Jun 22, 2013
BHUBANESWAR: Despite recent police crackdown on non-banking financial companies, Seashore CMD Prasant Kumar Dash attempted to revive his money circulation business in Angul and Dhenkanal districts, Crime Branch (CB) sources said.
DFID set to foray into the sector
Apr 10, 2013
Department for International Development (DFID), UK’s funding agency, is all set to foray into affordable housing sector with funding commitment of Rs. 400 crore in the country.
Pocket-friendly homes for all
Apr 10, 2013
BHUBANESWAR: The state government is all set to create 5,000 affordable housing units in the city soon by involving private developers, housing and urban development (H&UD) secretary Injeti Srinivas said here on Tuesday.
SC relief to Bhubaneswar Development Authority on jurisdiction row
Oct 02, 2012
BHUBANESWAR: Bhubaneswar Development Authority (BDA) on Monday overcame an important legal hurdle on its jurisdiction with the Supreme Court issuing a stay on a March 27 Orissa high court order, which had prevented the civic authority from annexing 50 revenue villages under its fold. The Odisha government had moved the apex court challenging the HC order, which had quashed its 2003 notificatio

Latest Realty News Of State

Realty Talk's