Latest Realty News

Depositors' interest protection bill gets Prez nod
Aug 14, 2013
BHUBANESWAR: The much awaited Odisha Protection of Interests of Depositors (in financial establishment) Bill, 2011 becomes an Act with President Pranab Mukherjee on Tuesday giving his assent to it. The Act comes into force with immediate effect, enabling the State Government to act tough against the malpractices of the fraudulent financial institutions and recover the money of the depositors.
‘Rs 300-cr fund too little to help chit fund victims’
Jul 12, 2013
BHUBANESWAR: Pradesh Congress Committee President Jayadev Jena on Thursday reacted on Chief Minister Naveen Patnaik’s declaration of Rs 300 crore of corpus fund for the duped 20 lakh chit fund investors in the State.
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
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.
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.

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