Tag: Ansal Group

Latest StoriesRegulatory

ED Seizes ₹313.12 Crore in Ansal Group Money Laundering Case

NEW DELHI: On Wednesday, the Enforcement Directorate (ED) announced the attachment of immovable properties valued at ₹313.12 crore as part of its ongoing probe into Ansal Properties and Infrastructure Ltd (APIL) and its promoters. This action stems from allegations of financial misappropriation and fraudulent diversion of funds collected from homebuyers. These properties include residential land parcels totaling 9.08 hectares, situated in Agra, Uttar Pradesh, and are registered under the names of companies affiliated with APIL. The ED’s Lucknow zonal office executed the attachment under the Prevention of Money Laundering Act (PMLA), 2002. The investigation was prompted by 278 FIRs lodged…

Latest StoriesRegulatory

Two More FIRs Filed Against Ansal Group in Lucknow

AI-generated Representative Image LUCKNOW: On Friday, two additional FIRs were filed against the Ansal Group at the Sushant Golf City police station, bringing the total number of cases against the real estate firm in Lucknow to 235. The recent complaints involve allegations of fraud totaling Rs 13.60 lakh from two individuals who were promised flats and plots but received neither possession nor a refund. According to police reports, Ram Awadh Singh, a resident of Marhad in Ghazipur district, had booked a flat in Ansal’s Sushant Golf City project back in 2015. He paid Rs 6.35 lakh with the expectation of…