Plots worth Rs 71-cr in Hyd land scam
26 Sep 2012 1:39 AM GMT
Plots owned by Dubai-based Emaar Properties, its joint venture Emaar MGF and others worth Rs 71 crore have been attached by the Enforcement Directorate in connection with its probe into alleged irregularities in land transfer and sale of villas and apartments at Hyderabad.
The agency has attached 34 villa plots created in Boulder Hills, Guchibowli in Hyderabad and another piece of land in Delhi’s Kalkaji under the Prevention of Money Laundering Act (PMLA), months after the CBI had registered a criminal case in this regard.
‘The proceeds of crime identified so far to the tune of Rs 71.27 crore have been attached,’ the order said.
The agency has attached 34 villa plots created in Boulder Hills, Guchibowli in Hyderabad and another piece of land in Delhi’s Kalkaji under the Prevention of Money Laundering Act (PMLA), months after the CBI had registered a criminal case in this regard.
‘The proceeds of crime identified so far to the tune of Rs 71.27 crore have been attached,’ the order said.
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