Juhu Police station Archives - Square Feat India

EOW Mumbai registers FIR against Ecstasy Realty and its promoters for a ₹600 crore financial fraud involving diverted NCD funds for the Parthenon project.

Realty

Ecstasy Realty and Promoters Face EOW Probe in Alleged ₹600 Crore Financial Fraud

The Economic Offences Wing (EOW) Mumbai has filed an FIR against Ecstasy Realty Private Limited and its promoters for an alleged ₹600 crore financial fraud. The case, initiated by Edelweiss Asset Reconstruction Company Limited (EARCL), involves the alleged diversion of ₹600 crore raised through secured Non-Convertible Debentures (NCDs) meant for the residential project “Parthenon.” The FIR names key individuals including Shobhit J. Rajan, Naresh Bajaj, Pulin Bole, Pranav Bajaj, and Shivani Verma, along with Prabal Infra Agro Farms Pvt. Ltd. and Maharashtra Eco Green Pvt. Ltd. The EOW is currently investigating the misuse of funds and submission of fake utilization certificates.

SquareFeatIndia
June 19, 2025
3 minute read

Realty

FIR against Top Mumbai Developer By Another Developer, Read Both The Sides Of The Story

An FIR has been registered against directors and other representatives of Pashmina…

admin
October 19, 2021
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5 minute read

Bollywood star Preity Zinta has sold her 11th-floor apartment in Bandra for ₹18.50 crore. The luxury residence was part of a redevelopment deal for her original 1999 property in the 'Parishram' building.

Realty

Preity Zinta Sells Luxury Bandra Home Received Under Redevelopment for ₹18.50 Crore

Bollywood star Preity Zinta has sold her 11th-floor apartment in Bandra for ₹18.50…

SquareFeatIndia
March 6, 2026

Geopolitical tensions involving Iran have sparked fresh questions about the resilience of Dubai’s booming real estate market. While investor sentiment may turn cautious in the short term, strong fundamentals, a diversified global investor base, and high rental yields continue to support the emirate’s property sector.

Realty

Iran Conflict Puts Dubai Real Estate Under Watch: Sentiment Shock or Structural Risk?

Geopolitical tensions involving Iran have sparked fresh questions about the resilience…

SquareFeatIndia
March 6, 2026

Real estate stocks traded mixed in early market hours as the Nifty Realty index slipped around 1%. Shares of Godrej Properties, Lodha Developers and DLF declined, while select stocks like Oberoi Realty and Anant Raj showed mild gains as investors remained cautious.

Realty

Indian Stock Markets Open: Real Estate Stocks Trade Mixed as Nifty Realty Remains Under Pressure

Real estate stocks traded mixed in early market hours as the Nifty Realty index slipped…

SquareFeatIndia
March 6, 2026

Asia Pacific office leasing rose 11% to 105.5 million sq ft in 2025, with India accounting for 68% of total demand across the region, according to Colliers’ latest market insights report.

Realty

India Dominates Asia Pacific Office Market as Regional Leasing Touches 105 Million sq ft in 2025

Asia Pacific office leasing rose 11% to 105.5 million sq ft in 2025, with India…

SquareFeatIndia
March 6, 2026