Delhi Police Recovers 1000cr From Large Scale Real Estate Frauds

Published: January 7, 2011

The economic slowdown resulted in large-scale frauds in the capital’s real estate sector and investigations led to recovery of over Rs 1,000 crores, Delhi Police said on Thursday. “A slow down in real estate sector led to large scale frauds with innocent investors wherein major builder companies defaulted on their commitments thereby causing huge losses [...]

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