Latest Realty News

Delhi tops nation in property frauds
Jul 07, 2014
DELHI: The capital tops the list in terms of cases related to property fraud and misappropriation among all states and union territories in the country, according to the National Crime Records Bureau (NCRB).
ED looks out for Saradha Group property in Odisha
Jul 07, 2014
BHUBANESWAR: A day after bringing Saradha scam alleged mastermind Sudipta Sen to the city for interrogation, the Enforcement Directorate (ED) on Friday started efforts to locate assets either purchased or sold by Sen in Odisha.
EOW Submits Papers for Seizure of Golden Land Developer’s Assets
Jun 14, 2014
BHUBANESWAR: The Economic Offences Wing (EOW) of the State Government on Wednesday submitted a proposal before the Finance Department seeking confiscation of the assets of Golden Land Developers Ltd which is charged in the chit fund scam.
Real estate company MD booked for alleged fraud
May 22, 2014
GURGAON: The managing director of real estate company Vigneshwara Group and two of his family members have been booked by Gurgaon Police in a multi-crore fraud case. Some estimates put the scale of the fraud at more than Rs 1,000 crore.
EOW Crackdown Continues, Another Realtor Held
May 02, 2014
BHUBANESWAR: Continuing its crackdown on dubious realtors, the Economic Offences Wing of Crime Branch on Tuesday arrested the property dealer and managing director of Gajanan Property Private Limited, Bhubaneswar, Niranjan Parida in a case of land fraud amounting to over `3 crore.
Real estate agent booked for rape, circulating objectionable photos of victim
Apr 11, 2014
MUMBAI: The Charkop police are looking for a real estate broker after his female friend lodged a complaint of rape on Tuesday. The 21-year-old woman also stated that the accused had clicked objectionable photos of hers and had begun sending it to her parents.
Beware of land scammers: Bokaro DC
Feb 20, 2014
BOKARO: Taking a note of a steep rise in incidents of land scams that dupe many people, Bokaro deputy commissioner Uma Shanker Singh on Wednesday urged the residents to verify land-related documents from the government office concerned before buying flats or houses from builders and real estate agents.
New bill proposes licences for real estate brokers
Feb 18, 2014
NOIDA: The UP government has planned to draft a new law to tighten the noose around fraudulent real estate agents so that interests of homebuyers are protected. A senior official in Lucknow said that under the law dealers are required to register themselves with a local government body and obtain a license for practicing.
Realtor held for Rs 10-cr land fraud
Feb 18, 2014
BHUBANESWAR: The Economic Offences Wing (EOW) of Crime Branch (CB) on Sunday arrested a city-based real estate developer for allegedly duping people of Rs 10 crore, promising plots and houses.
BDA probe into payment fraud
Feb 08, 2014
BHUBANESWAR: Bhubaneswar Development Authority (BDA) has begun an in-house inquiry into payment by allottees of houses between 1992 and 2013 after it came to light that some of them had faked payments. BDA secretary Shreekant Kabi is leading the probe, government sources said.
Conman arrested in Noida Phase-II
Jan 23, 2014
NOIDA: A person was arrested in Noida Phase-II on Wednesday for allegedly duping several people of lakhs of rupees, while his aide is still on the run.
Govt attaches properties of 'cheat' fund company
Jan 21, 2014
BHUBANESWAR: The state government has ordered attachment of properties of Flourish Development India, which is accused of misappropriating nearly Rs 100 crore of over 5,000 investors in the state.
Rs 150 Crore Land Scam Busted, Three Arrested
Jan 10, 2014
BHUBANESWAR: The Economic Offences Wing (EOW) on Friday busted a `150 crore land scam and arrested three persons, including a land broker, for attempting to sell government properties. The land, measuring about 51.5 acre, is located in four mouzas __ Pandara, Gadakana, Mancheswar and Rokat __ abutting the Capital.
Chairman in Pune, thief in Mumbai
Jan 10, 2014
MUMBAI: Nilesh Dattatray Chougle (33) is a well known businessman and a chairman of a huge housing society in Pune but in Mumbai he is a habitual house breaker who has around 110 criminal cases on him.
Chit funds companies under lens in Chhattisgarh
Jan 04, 2014
RAIPUR: Chhattisgarh government has issued an alert to the district and police administration across the state to give a close watch on the activities of chit fund companies.
Kerala revives move for regulating real estate sector
Dec 12, 2013
THIRUVANANTHAPURAM: The State Cabinet has revived the proposal for a comprehensive legislation to regulate real estate sector in the State.
Malayalam singer accuses man of property fraud
Dec 09, 2013
CHENNAI: Police raided a Vadapalani hotel room on Friday night after a Malayalam playback singer alleged that the man who had grabbed his property was staying there. However, the accused had left by the time police arrived.
Builder in the dock for harassment
Dec 06, 2013
GURGAON: The district administration has initiated proceedings against a builder for harassing a flat owner who had complained to the grievances panel last week.
Watch out when you buy property
Nov 23, 2013
CHENNAI: Buying a home is a long-cherished dream for many. But often it ends up being a nightmare due to unscrupulous sellers, lax checking by authorities and questionable property records. In order to protect themselves from financial loss, legal battles and stress, buyers must arm themselves with basic legal and procedural knowledge.
CB for Saradha asset liquidation too
Nov 19, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the State Crime Branch on Monday proposed to the State Government for liquidation of the Saradha Group’s properties in order to refund duped investors’ money as per the provisions of the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011.
Seashore money invested in Govt projects: BJP
Nov 16, 2013
BHUBANESWAR: The deposited money with the Seashore Group by the investors has been used in many public projects by the Government illegally against the interest of the depositors. In a joint venture with the Government, the money was invested in the OTDC and health projects of the State. Besides, a major portion has been spent in the beautification of river bank of Cuttack, alleged State BJP spokesperson Sameer Mohanty in a Press release here, asking if the money could be returned to the investo
AT Group property may also be liquidated
Nov 15, 2013
BHUBANESWAR: Like Seashore case, the Commissionerate Police may also urge the State Government for liquidation of Artha Tatwa (AT) company’s properties in order to refund duped investors’ money according to the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011, sources said.
CB proposes Govt for Seashore assets liquidation
Nov 12, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the State Crime Branch on Monday proposed to the State Government for liquidation of the Seashore Group’s properties in order to refund duped investors’ money according to the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011.
What to do in case of theft or misplacement of property documents
Nov 04, 2013
MUMBAI: The loss, theft or misplacement of property documents is a cause of concern for property owners since no transaction can be completed without checking the original sale deed.
Land surveyor held for taking Rs 3,000 bribe
Nov 04, 2013
NASHIK: Even as the anti-corruption bureau's (ACB) Vigilance Awareness Week was underway, the ACB sleuths last Thursday arrested a land surveyor in Yaval tehsil of Jalgaon while accepting a bribe of Rs 3,000 from a woman.

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