Real estate
I-T dept raids Lalu Prasad's shell cos in Rs1,000-cr benami trail
16 May 2017
Lalu Prasad, his MP-daughter Misa Bharti and his two sons, both Bihar government ministers, are accused of being involved in corrupt land deals worth over Rs1,000 crore
RERA to protect home buyers comes into force; only 13 states on board yet
02 May 2017
The new rules are applicable to residential and commercial developments and make it mandatory for all projects and brokers to be registered with the real estate regulator who will oversee transactions and settle disputes
I-T Dept slaps Rs24,647-cr fresh demand on Sahara’s Aamby Valley
25 Apr 2017
The I-T move comes on the back of Supreme Court order to auction Aamby Valley after the group failed to deposit Rs5,000 crore of the remaining Rs14,000 crore to be paid to investors
SC puts Sahara’s Aamby Valley on the block for failure to deposit refunds
17 Apr 2017
The Supreme Court had warned Sahara Group that its flagship property in Lonavla, estimated to be valued at Rs34,000 crore, would be auctioned if the group failed to return investor money
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