Mumbai authorities have apprehended a developer in connection with a significant real estate fraud case involving a 55-year-old investor. The scheme centered on a promised Bandra flat and guaranteed double returns, highlighting risks in unregistered property ventures.

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Tribeca Developers has announced the launch of Trilive, India's largest premium rental housing project in Mumbai's Andheri East, offering 650 studio apartments with 6% assured rental yields and 9-year lease guarantees.