The Delhi High Court has ruled that, even in cases where an appeal against the accused’s acquittal in the predicate offence is still pending, no actions taken under the Prevention of Money Laundering Act (PMLA), including the attachment of properties, may proceed after the accused is found not guilty. In a ruling made public on […]
No PMLA property attachment following a planned offense conviction: Delhi High Courtmore
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
KOLKATA: On Thursday, the Registrar of Assurances was instructed by the Calcutta High Court to refrain from registering any property sale deed without the approved plan. Chief Justice T S Sivagnanam and Hiranmay Bhattacharyya, sitting as a division bench, issued the ruling while noting that the structure, which was still under construction when it collapsed […]
Without an approved plan, no building registration Calcutta High Court.more
According to an official, Countrywide Promoters Private Limited has been fined Rs 50 Lakh by the Gurugram court of the Haryana Real Estate Regulatory Authority (HRERA) for releasing a deceptive newspaper advertisement about its real estate project, Green Oaks. The official further stated that the promoter received a show-cause notice from the government after it […]
Countrywide Promoters faces fines from Haryana RERA for deceptive advertising.more
Gurugram, Haryana, India Ambience Group, a pioneering name in India’s real estate, education, and hospitality sectors, has announced the “Leap to Exclusivity,” once in a leap-year offer for homebuyers during their Sales Carnival commencing from 24th February to 10th March 2024. Mr. Ankush Kaul, Chief Business Officer at Ambience Group This exclusive event offers a […]
Ambience Group Announces “Once in a Leap Year Opportunity” for Homebuyers.more
MUMBAI: A villa in Aamby Valley, several residential and commercial buildings in Mumbai, land parcels in Raigarh District, and fixed deposits totaling Rs. 113.5 crore connected to builder Lalit Tekchandani and his associates in a money laundering case are among the properties that the Enforcement Directorate (ED) has provisionally attached. In a previous instance, the […]
Director of Supreme Construction’s FD worth Rs 113 crore is attached by ED.more
On Tuesday, the Mumbai civic body announced that it had sent final notices to five contractors involved in different metro rail projects in the city for failing to pay property taxes totaling approximately Rs 326.22 crore. The Brihanmumbai Municipal Corporation (BMC) said in a release that these enterprises have received final warnings requiring payment within […]
Mumbai: Due to unpaid property taxes, BMC notifies five contractors working on metro projects.more Lucknow: Property owners who pay before June 30th for their 2024–25 financial year tax will receive a 15% reduction from Lucknow Municipal Corporation. Only people without any unpaid tax obligations from prior years are eligible for this discount. Inderjit Singh, the municipal commissioner, stated: “We used to give 10% off for paying taxes on time. […]
The Lucknow city council is offering a 15% property tax rebate through June 30.more NEW DELHI: If clients fail to pay the full amount owed on residential or commercial buildings they have purchased, builders should lodge complaints with the relevant regulatory bodies, in Delhi said Anand Kumar, chairman of RERA. The chairman of Delhi’s Real Estate Regulatory Authority, Kumar, warned real estate developers not to fall into the “trap […]
Builders who witness clients failing to make timely payments must register complaints: Chairman of Delhi-RERAmore NEW DELHI: 413 agricultural land parcels in Sindhudurg, Maharashtra, totaling over 1,807 acres have been attached by the Directorate of Enforcement (ED) about a bank loan fraud case involving Punjab and Maharashtra Co-operative Bank (PMC). The agency stated on Tuesday that the 1,807 acres that were attached had a registered value of Rs 52.90 crore, […]
In the PMC bank scam case, ED attaches a 1,807-acre land lot in Sindhudurg.more