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ED probes money laundering tied to demolition of illegal structures
The RBI stated that it is closely monitoring the situation.
Investigation targets Sahara Group officials
Rs 55 crore redevelopment fraud charges in Mumbai.
Out of 57 projects that defaulted on land dues, 29 accepted the package.
Out of 57 defaulting projects, 29 developers have accepted the rehabilitation package.
This is not the first time Govani has faced legal troubles.
It is alleged that the 423 flats sold in Edifice were 10-12% smaller in size.
Instead of giving money back to Orris, the builder siphoned off the money.
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