The Enforcement Directorate on Friday launched simultaneous searches on the premises of three promoters of prominent real estate firms in Chennai in connection with an alleged money laundering offence, sources in the agency said. The case arises out of a FIR registered by the Directorate of Vigilance and Anti-Corruption on January 31, 2024, against T. Udayakumar, managing … Read more
TS-Real Estate Regulatory Authority (TS-RERA) has begun to crack down on recalcitrant real estate companies and has imposed fines ranging from ₹50,000 to ₹5 lakh in the last few days. TS-RERA chairman N. Satyanarayana has informed in a press release on Tuesday that Jayatri Infrastructure (Jaya Group) and AGS Srinivasam Properties Private Limited have been … Read more
The members of real estate sector have requested Chief Minister M. K. Stalin to re-look at the order on stamp duty charges and registration fees as it will severely hit the home buyers Source link
The Enforcement Directorate (ED) on Tuesday arrested real estate company Supertech’s chairman and owner R K Arora on money-laundering charges, official sources said. Arora was taken into custody under the criminal sections of the Prevention of Money Laundering Act (PMLA), following a third round of his questioning at the federal agency’s office here, they said. … Read more
The Assistant Provident Fund Commissioner, Nilgiris, on Tuesday handed over provident fund, Employees Deposit Linked Insurance Scheme (EDLI) benefits and pension payment order to the wife of a man killed in gaur attack. “Ranjay Mooshahary, Regional PF Commissioner, Coimbatore, took cognizance of the news report in The Hindu dated January 28, 2023 with regard to … Read more