Delhi-based builder, Manoj Bhardwaj, a director of Arun Dev Builders, is alleged to have conned nearly 455 depositors looking to invest in real estate. The accused is wanted in nine cases and has been arrested for duping investors in the National Capital Region and other places in North India,” Additional Deputy Commissioner of Police […]
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July 14, 2016 9:00 am
Builder constructed temples to earn money, also booked for duping 455 real estate investors
July 9, 2016 8:03 am
SC orders Unitech to deposit Rs. 5 cr as penalty for delay
On a complaint filed by two home buyers—Diwakar Mishra and Vinay Kumar Singh—who had booked apartments in Unitech’s Noida luxury residential project in October 2010 and supposed to get possession by April 2012, NCDRC had asked the developer to offer possession of the flats on or before October 31, 2017 along with “compensation @ […]
June 18, 2016 7:02 am
After the Chinese, Japanese now vying Indian realty via private equity
Subsequent to Centre’s nod to 100 per cent foreign direct investment (FDI) in the real estate industry, it was only a matter of time before foreign developers made big investment announcements. According to a report by realty research & consultancy firm JLL India, developers and private equity investors from the Land of the Rising Sun […]