In a significant crackdown on financial misconduct, the Enforcement Directorate has seized assets worth Rs 100 crore from two real estate firms, including Jaypee Infratech Ltd (JIL). Authorities accuse JIL and its leadership of misappropriating homebuyers' investments. Investigations have unveiled a staggering Rs 33,000 crore was diverted from the Jaypee Wish Town projects for purposes unrelated to construction.
from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/JlqS1YW
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