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ED Attaches ₹51.57 Crore Assets in Ocean Seven Buildtech Homebuyers Fraud Case

The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

ED Attaches ₹400 Crore Assets in Jaypee Group Money Laundering Probe Over Homebuyers’ Fraud

The Enforcement Directorate has escalated its probe into the Jaypee Group by attaching immovable properties worth ₹400 crore belonging to associated entities. The action targets alleged diversion of over ₹14,000 crore collected from thousands of homebuyers for incomplete projects in Noida, with promoter Manoj Gaur in custody. Investigation continues into fund siphoning to related companies.

Telecom Tower Income Does NOT Make Society an ‘Industry’: Bombay HC Delivers Historic Relief to Housing Societies

Bombay High Court, cooperative housing society, industry under ID Act, Payment of Gratuity Act, telecom tower income, labour laws, Justice Sandeep Marne, Vijay Shankar Singh, Apsara Co-operative Housing Society, gratuity claim

Rohit Sharma Family Expands Mumbai Real Estate Footprint as Ritika Sajdeh Buys ₹26.30 Crore Prabhadevi Apartment

Ritika Sajdeh, wife of cricketer Rohit Sharma, has purchased a ₹26.30 crore apartment in Ahuja Towers, Prabhadevi, consolidating the family’s presence in one of South Mumbai’s most sought-after luxury residential markets. The deal follows Sharma’s earlier 2015 acquisition of a 6,000 sq. ft sea-view home in the same development.

🏗️ Realty Stocks Open Flat-to-Mildly Positive as Markets Kick Off; Sector Eyes Intraday Cues

Realty stocks opened steady this morning, buoyed by strength in large developers while mid-caps traded mixed. With limited early movement, the sector is expected to remain range-bound unless fresh market triggers emerge.