Category: Illegal collective Investment Schemes

Strengthening Market Trust: Vida Realty (Formerly Known as Roha Realty) Secures Occupation Certificates for its Key Mumbai Projects.

December 18, 2024

Mumbai, [18 December 2024] – Vida Realty, a prominent name in Mumbai’s real estate sector, has successfully secured Occupation Certificates (OC) for three of its premium residential developments: Upper East 97 in Malad (East), Roha Vatika in BKC Annexe, and East Eden in Vile Parle (East). This milestone reaffirms Vida Realty’s commitment to timely […]

Strengthening Market Trust: Vida Realty (Formerly Known as Roha Realty) Secures Occupation Certificates for its Key Mumbai Projects.more

Mumbai: Former Government Employee Arrested in Malad Multi-Crore Land Fraud

December 17, 2024

A retired employee of the City Survey Office has been arrested in connection with a multi-crore land scam in Malad (West). The accused, 64-year-old Devdas Jairam Jadhav, is the third individual to be detained by a special investigation team formed by the crime branch under the direction of the high court. This investigation focuses on […]

Mumbai: Former Government Employee Arrested in Malad Multi-Crore Land Fraudmore

Ashar Group’s uber-luxury project ‘The Legend by Ashar’ surpasses a topline of INR 500 crores

December 13, 2024

Mumbai, India, 03rd December 2024 – Ashar Group, a prominent real estate developer in the Mumbai Metropolitan Region (MMR), announced that its uber-luxurious project, ‘The Legend by Ashar’ on Pali Hill, Bandra, has achieved a significant milestone, crossing INR 500 crore in sales within 15 months of its launch. This remarkable achievement reflects the strong […]

Ashar Group’s uber-luxury project ‘The Legend by Ashar’ surpasses a topline of INR 500 croresmore

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.

December 12, 2024

MUMBAI: The National Housing Bank (NHB) has directed the heads of all Housing Finance Companies (HFCs) to submit bad loan data by the first day of every month, according to sources familiar with the matter. This move comes after NHB observed that HFCs were continuing to collect loan payments for the previous month even up […]

NHB Instructs HFCs to Report Bad Loan Data on the First Day of Every Month.more

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbs

December 10, 2024

Mr. Nikunj Sanghavi, Managing Director of Veena Developers Mumbai, traditionally synonymous with compact living, is undergoing a transformative shift in its real estate landscape. The western suburbs—spanning localities like Goregaon, Malad, Kandivali, and Borivali—are emerging as the epicenter of a new trend focused on spacious, luxurious living. This shift is being driven by evolving […]

Redefining Space: The Comeback of Spacious Living in Mumbai’s Western Suburbsmore

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.

June 19, 2024

NEW DELHI: The Delhi High Court dismissed a PIL seeking an order to demolish alleged illegal and unlicensed building being carried out in the Okhla Industrial area, with costs of Rs 25,000. The court reasoned that the plea was filed without conducting sufficient research. The authority’s attorney informed the high court that the owner of […]

Delhi High Court denies PIL asking for orders to demolish purportedly unlawful building.more

The Ludhiana Improvement Trust has been compelled to pay Rs 1 lakh for the 14-year delay in flat possession.

April 29, 2024

LUDHIANA: Ludhiana Improvement Trust (LIT) has been ordered by the district consumer disputes redressal commission to compensate a complaint Rs 1 lakh for not granting the complainant possession of an apartment even after 14 years. The commission has directed the LIT to reimburse Hem Raj Kapila of Gill Road for the compensation within 30 days […]

The Ludhiana Improvement Trust has been compelled to pay Rs 1 lakh for the 14-year delay in flat possession.more

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.

February 13, 2024

To expedite the resolution of cases, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) began a pre-hearing review of complaints on Monday. Homebuyers and promoters can file complaints through the e-courts facility provided by UP RERA. On December 2, 2023, it released updated standard operating procedures (SOP) for the submission, review, and hearing of […]

To assist homebuyers, UP-RERA begins pre-hearing review of complaints.more

If a home is rented, the housing society cannot avoid its obligations: SCDRC of Maharashtra.

May 8, 2023

MUMBAI: The state consumer commission ordered a housing society in Deonar to pay Rs 55,000 as reimbursement and perform repairs and water-proofing of two-row houses after observing that a housing society cannot shirk its responsibility for necessary maintenance just because the owners have given the house on rent. The Maharashtra State Consumer Disputes Redressal Commission […]

If a home is rented, the housing society cannot avoid its obligations: SCDRC of Maharashtra.more

Shine City properties worth Rs 31 crore have been attached by the Enforcement Directorate.

November 22, 2022

LUCKNOW: On Sunday, the Enforcement Directorate’s Lucknow unit attached real estate company Shine City’s immovable properties worth Rs 31.24 crore in Sultanpur, Jhansi, Pratapgarh, Pindra (Varanasi), Bara (Allahabad), and Bakshi Ka Talab (Lucknow). The ED has attached properties worth Rs 50 crore since the filing of a PMLA case against the owners of Shine City […]

Shine City properties worth Rs 31 crore have been attached by the Enforcement Directorate.more

Category: Illegal collective Investment Schemes

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