Developer Pvt Ltd News Today

Builder Lalit Tekchandani’s assets include a home in Aambey Valley, properties in Mumbai, land in Raigad district, and fixed deposits worth Rs. 113.5 crore.

ED has already frozen or seized investments in shares, mutual funds, fixed deposits worth Rs 43 crore in this case.

The Enforcement Directorate (ED) has issued a provisional attachment order (PAO) regarding movable and immovable properties, including a villa at Aambey Valley, various residential and business premises in Mumbai, land parcels in Raigarh ...

The ED on Friday said it carried out searches at three locations in Mumbai and Lonavala linked to builder Lalit Tekchandani

The agency is probing a money laundering case against Tekchandani under provisions of the Prevention of Money Laundering Act (PMLA), 2002.

The said company collected over Rs 400 crore from more than 1,700 homebuyers. Delays in the project left these homebuyers in lurch without a flat or refund, the ED alleged.

The Directorate of Enforcement (ED) said it seized cash and froze bank balances and fixed deposits of a total worth of Rs 30 crore in raids at 22 locations linked to builder Lalit Tekchandani and his other associates in a money laundering case.

The enforcement directorate (ED) on Monday carried out searches at multiple locations in Mumbai and Navi Mumbai linked to builder Lalit Tekchandani over alleged cheating of prospective homebuyers.

It was allege that Supreme Construction & Developer Pvt Ltd(SCDPL), a company controlled by Tekchandani and others, collected Rs. 400 Crore from several homebuyers in a housing project in Taloja, Navi Mumbai.

The Economic Offences Wing (EOW) of Delhi Police has arrested a man for duping over 23 gullible victims of more than Rs 350 lakh in Delhi using the emotive issue of owning a house, an official said on Monday.The accused has been identified as ...