Some developers feel series of scams involving real estate developers has shaken the faith of people on the market. “Illegalities involving many real estate groups in the recent months have made customers apprehensive. Many illegal money circulation companies also had interest in real estate. These factors were discouraging buyers,” said D S Tripathy, the national joint secretary of Credai.
Notably, High-Tech Group chief Tirupati Panigrahi, Seashore Group’s Prashant Dash, Artha Tatwa chief Pradeep Sethy, Sarala Realcon boss Gayadhar Jena were arrested on various charges. All these groups have stakes in the realty sector.
Simax Builder MD arrested for duping customers http://pragativadi.com/twin-city/simax-builder-md-arrested-for-duping-customers
METRO BUILDER PIYUSH MOHANTY committed fraud http://odishabulletin.com/piyush-mohanty-committed-fraudresidensts-allege/
Odisha Crime Branch arrests Siridi Sai Real Estate http://timesofindia.indiatimes.com/city/bhubaneswar/Realtor-held-for-Rs-10-cr-land-fraud/articleshow/30556364.cms
Umamani Home Creation Private Limited
http://timesofindia.indiatimes.com/city/bhubaneswar/Reality-check-for-realty-sector/articleshow/20978629.cms
http://www.odishareporter.in/tag/real-estate-fraud
1) Simax Builder MD arrested for duping customers
http://pragativadi.com/twin-city/simax-builder-md-arrested-for-duping-customers
2) Hi-Tech Estates & Promoters(Pvt) Ltd, Bhubaneswar
3) CITICON ENGINEERS LTD BHUBANESWAR ORISSA
http://www.complaintsboard.com/complaints/citicon-engineers-ltd-bhubaneswar-orissa-c249887.html
4) Sarala Builders (MD Gayadhar Jena)
http://rightcolumnmedia.com/2013/06/25/realcon-sarala-builders-md-gayadhar-jena-arrested
http://www.enewsinsight.com/odisha-insight/sarala-realcon-md-gayadhar-jena-arrested-for-land-fraud/
5) Cosmo Infrastructure Pvt. Ltd. Bhubaneswar
http://www.consumercomplaints.in/complaints/cosmo-infrastructure-pvt-ltd-bhubaneswar-c319397.html
6) METRO BUILDER PIYUSH MOHANTY committed fraud
http://odishabulletin.com/piyush-mohanty-committed-fraudresidensts-allege/
7) Umamani – Bhubaneswar Real Estate
http://bhubaneswarproperty.in/blog/orissa-odisha/builders-developers/umamani-home-creations-pvt-ltd/
8) Siridi Sai Real Estate Private Limited Prakash Panda
http://www.dailypioneer.com/state-editions/bhubaneswar/rs-10-crore-fraud-city-builder-held-two-costly-cars-seized.html
9) Odisha Crime Branch arrests Siridi Sai Real Estate
http://timesofindia.indiatimes.com/city/bhubaneswar/Realtor-held-for-Rs-10-cr-land-fraud/articleshow/30556364.cms
10) Siridi Sai Estate Private Limited (SSEPL) Prakash Chandra Panda
http://odishasuntimes.com/32235/real-estate-firm-head-arrested/
http://pragativadi.com/pic-of-the-day/siridi-sai-estate-md-arrested#.UzchVfmSxUM
http://www.thehindu.com/todays-paper/tp-national/tp-otherstates/realtor-booked-on-charge-of-duping-people/article5697874.ece
11) Umamani Home Creation Private Limited
http://odishasamaya.com/news/fraudulent-real-estate-promoter-arrested-cb-dig/
http://www.newindianexpress.com/states/odisha/Realtor-held-for-plotting-schemes-and-minting-money-in-Bhubaneswar/2013/06/06/article1621811.ece#.UzcibfmSxUM
12) Subash Samantray
http://ibnlive.in.com/news/cbi-arrests-real-estate-dealer/212805-60-117.html
Metro builder is froud builder
Metro builder is a froud company his building material are 3rd grade is controlled by dhal and dwbedy,
He take money do not return back moKim has no time to controlled, his market boy man as dhal has a froud builder company