Latest Realty News

Mar 10, 2015
Kolkata: Land prices have crashed in Kolkata
Feb 14, 2015
BHUBANESWAR: The economic offence wing (EOW) of the state crime branch proposed to the finance department that it attach the properties of two money circulation companies
Jan 19, 2015
Kolkata: Shib Narayan Das, director of Saradha Realty, was remanded in CBI custody for four days by a city court in connection with the multi-crore chit fund scam
CBI arrests builder in Artha Tatwa fraud
Nov 15, 2014
BHUBANESWAR: The CBI arrested a builder on charges of embezzling Artha Tatwa (AT) Group funds
12 more builders under scanner
Nov 07, 2014
BHUBANESWAR: A day after arresting two builders Vineet Lalani and Dilip Mohanty in connection with AT Group scam, the CBI zeroed in on at least 12 other builders
Stock broker, realtor held by CBI in AT chit fund scam
Sep 22, 2014
The Central Bureau of Investigation (CBI) today arrested a real estate developer and a stock broker in connection with the Artha Tatwa (AT) Group chit fund case
Govt attaches chit fund cos land
Sep 21, 2014
The state government took possession of over 12 acre in Ganjam district belonging to two chit fund companies, Artha Tatwa (AT) and Golden Land Private Limited
Police seek annulment of Artha Tatwa Group’s assets
Jan 29, 2014
BHUBANESWAR: The Commissionerate Police have written to the State Finance Department for annulment of property of non-banking financial company Artha Tatwa Group that allegedly duped investors of more than Rs400 crore.
Delay in assets attachment of Artha Tatwa Group irks govt
Jan 23, 2014
BHUBANESWAR: The state government has asked commissionerate of police to expedite the process to attach property of controversial Artha Tatwa (AT) Group. The money-circulation company is accused of duping thousands of investors of more than Rs 350 crore.
Odisha orders property attachment of Saradha, Seashore Groups
Dec 09, 2013
BHUBANESWAR: Odisha government has issued an interim order for the attachment of properties of Kolkata-based ponzi scheme firm Saradha Group and the state-based Seashore Group of companies which allegedly duped investors of crores of rupees.
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.
Opposition turns Ponzi heat on government
Aug 27, 2013
BHUBANESWAR: The state assembly on Monday witnessed a marathon debate on the chit fund scam, with the opposition alleging that at least four cabinet ministers of the Naveen Patnaik government were involved in it. The oppsition also said two prominent BJD leaders were involved and sought a CBI inquiry to unravel the truth.
Opposition seeks white paper on chit fund
Aug 23, 2013
BHUBANESWAR: The assembly on Thursday witnessed noisy scenes over the chit fund scam with the opposition parties demanding a white paper on it.
Chit fund panel extends affidavit filing deadline
Aug 22, 2013
CUTTACK: The Justice R K Patra Commission of Inquiry, probing into the multi-crore chit fund scam in the state, on Wednesday extended the deadline for submission of compliants before it by 18 days.
Duped investors flay govt inaction
Aug 22, 2013
BHUBANESWAR: Scores of investors, duped by several chit fund companies in Odisha, took to the streets here on Wednesday, protesting against the lackadaisical attitude of the government in refunding their imoney.
First sitting of the panel on chit fund scam on September 6th
Aug 05, 2013
BHUBANESWAR: The first sitting of Justice RK Patra Commission, which was set up to probe the multi-crore chit fund scam in State, will be held on September 6.
Four officials of chit fund company arrested
Aug 04, 2013
BALASORE: Four senior officials of a chit fund company were arrested today from Jaleswar in Balasore district of Odisha for allegedly duping investors, police said.
Account for refunds by AT beneficiaries
Aug 01, 2013
BHUBANESWAR: The Commissionerate Police has opened a bank account where refunds made by individuals and firms who had benefited from business dealings with Artha Tatwa (AT) Group can be deposited.
Chit fund: Rahul Brigade demands CBI investigation
Jul 23, 2013
BHUBANESWAR: The All India Rahul Gandhi Brigade State unit on Monday staged a demonstration in front of the State Assembly and submitted a memorandum to the Governor demanding a CBI probe into the chit fund scams in the State.
HC seeks details of investors from chit fund firms
Jul 23, 2013
BHUBANESWAR: The Odisha High Court on Monday asked chit fund Company Green Ray International to provide it the details of all investors who have deposited money with the company mentioning about the amounts they have invested and the amounts they are likely to get back after maturity of their terms.
Chit fund scam accused get bail
Jul 12, 2013
BERHAMPUR: erhampur:With the police failing to file chargesheet against two persons arrested in connection with a chit fund scam, the Sub-Divisional Judicial Magistrate (SDJM) court here granted them bail Thursday.
Chit fund scam Congress poll plank
Jul 01, 2013
BHUBANESWAR: In a bid to make the chit fund scam a major issue in the urban local body (ULB) polls scheduled later this year and the 2014 elections, the State Congress constituted a state-level cell to provide legal assistance to persons defrauded by the finance companies.
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.
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.

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