Browsing Tag

Property Attachment

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The ED has attached crypto worth ₹2,385 crore and properties worth ₹2,681 crore in the OctaFX scam case. With the mastermind arrested in Spain, this high-stakes investigation reveals how illicit funds are layered through real estate and global financial networks.

ED Attaches ₹2,385 Crore in Crypto Linked to OctaFX Scam; Properties Worth ₹2,681 Crore Seized Including 19 Assets & Luxury Yacht in Spain

The ED has attached crypto worth ₹2,385 crore and properties worth ₹2,681 crore in the OctaFX scam case. With the mastermind arrested in Spain, this high-stakes investigation reveals how illicit funds are layered through real estate and global financial networks.
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

Developer Faces Property Attachment for Ignoring MahaRERA Payment Order

In a major win for homebuyers, the Mumbai Collector has issued a notice to attach and auction the properties of Desai Residency Pvt. Ltd. for ignoring a MahaRERA compensation order. Under Section 267 of the Maharashtra Land Revenue Code, authorities can seize movable and immovable assets to recover over ₹42 lakh in dues.