SBI bank fraud Archives - Square Feat India

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.

Realty

SBI Loses ₹1,266 Crore: ED Attaches Dubai Properties Gifted by Fraud Accused to Daughter

The ED has attached nine Dubai properties worth ₹51.70 crore linked to Shrikant Bhasi, accused in the ₹1,266-crore SBI fraud. Investigators found the assets were purchased using laundered funds and later gifted to his daughter to conceal ownership.

SquareFeatIndia
November 20, 2025
2 minute read

In a landmark interim ruling, Bombay HC protects Pankh Properties' title to Matunga's Adenwalla Building after 13 years, rejecting original owner Rusi Sorabji Khambatta's sudden termination bid over a ₹12 crore 2012 deal. "Cannot unwind after pocketing the money," court observes.

Realty

Mumbai Building Saga: ₹12 Cr Deal Stands — Owner’s 13-Yr U-Turn Crushed by Bombay HC!

In a landmark interim ruling, Bombay HC protects Pankh Properties' title to Matunga's…

SquareFeatIndia
March 6, 2026

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