The Andhra Pradesh High Court ordered a CBI inquiry to probe the land allotments made to Emaar Properties and the related controversial land dealings. It revealed certain fault dealings with the state government and the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) in failing to protect the public property and the public exchequer from losses....
Posts Tagged ‘ Real Estate Crime ’
Emaar Scam Exceeds Rs. 4,000 Crore Loss to AP
Land Grabbers will Leave No lake in the City by 2030: SOUL
People of Hyderabad will not be able to see any lakes in the city with the increased rate of urbanization. Save Our Urban Lakes (SOUL) is an NGO which is involved in saving the urban water bodies. Since one year, the organization has been working to protect the lakes around the city including Patel...
Cyberabad Police Warns about Lunar Real Estate Fraud
Cyberabad police warned people of Hyderabad to be careful on the fraudulent activities like buying plots on the moon, Mars and Venus. Several sites like Moon Shop, Moon Estates, Lunar Registry, Lunar Landowner, Out of this World Gifts and Mars shop have been involved in selling such plots. The purchases of such plots even...
Illegal Building Owners Face Criminal Cases
Criminal cases have been filed against 200 illegal building owners by the Greater Hyderabad Municipal Corporation (GHMC). 135 builders in areas like Housing Board, Addagutta colony, Sardar Patel Nagar in Kukatpally municipal circle, 35 builders in Serilingampally area and 35 owners from LB Nagar circle are facing the criminal cases. The corporation found 200...
Realty Related Crimes Going Up in City
Recent incident of the rival dispute between the Chandrayangutta MLA Akbaruddin Owaisi and the members of Pehelwan’s family reminds the rise of property crimes in the city. Certain realty developers, explaining the reasons for the land grabbing crimes in the city, say that the rise in prices of the land across the twin cities...
