Latest Realty News

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.

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