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Bombay High Court Overturns SRA's Goregaon Land Acquisition, Restores NESCO's Property Rights

The Bombay High Court ruled in favour of NESCO Ltd., invalidating the SRA's acquisition of its Goregaon land due to procedural violations and failure to recognise the landowner's redevelopment rights.

By Admin

  • 25th Oct 2025
  • 1176 Views
CBI Conducts Multi-City Raids Against Real Estate Subvention Scheme Fraud: Six Cases Filed Across Kolkata, Bengaluru, and Mumbai

The CBI raided 12 sites across Kolkata, Bengaluru and Mumbai after the Supreme Court directed it to probe alleged fraud tied to subvention home‑loan schemes, naming multiple developers and finance officials.

By Admin

  • 28th Sep 2025
  • 1273 Views
Mumbai Court Rejects Police Clean Chit, Orders Process Against Seven in Anchor Group Redevelopment Fraud Case

A Mumbai court has rejected police attempts to clear Anchor Group in a redevelopment fraud case, instead ordering legal action against seven accused individuals following allegations of forgery and fund misappropriation.

By Admin

  • 18th Aug 2025
  • 1352 Views
INR 57 Cr Fraud Allegation - FIR Filed Against Wadhwa Group for Goregaon Project Default

Mumbai’s Wadhwa Group faces an FIR for ₹57 crore fraud, accused of breaching financial commitments in a stalled Goregaon housing project. The case, now with the Economic Offences Wing (EOW), stems from alleged contract violations and unfulfilled payments to Policon Realtors.

By Admin

  • 13th Mar 2025
  • 1487 Views
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