Gurugram realty firm diverted Rs 205-cr homebuyers' fund for Colombo hotel: ED

Gurugram Realty Firm "Diverted" Rs 205-Crore Homebuyers' Fund For Sri Lanka Hotel: Probe Agency

A Gurugram-based realty group collected more than Rs 500 crore from home buyers in the name of giving them housing plots but cheated them and "diverted" about Rs 205 crore out of these funds for a hotel project in Sri Lanka

Gurugram realty firm diverted Rs 205-cr homebuyers' fund for Colombo hotel: ED

Gurugram realty firm diverted Rs 205-cr homebuyers' fund for Colombo hotel: ED

Gurugram Realty Firm Diverted Rs 205-Crore Homebuyers' Fund For Colombo Hotel: ED

A Gurugram-based realty group collected more than Rs 500 crore from home buyers in the name of giving them housing plots but cheated them and 'diverted' about Rs 205 crore out of these funds for a hotel project in Sri Lanka, the ED has alleged in its chargesheet.The federal probe agency is investigating a number of homebuyers 'fraud' cases across the country under the anti-money laundering law. A good number of them have been registered in the N…