https://www.taxtmi.com/news?id=72691 Enforcement Directorate searches were conducted under the Prevention of Money Laundering Act in probes linked to two real estate groups accused of fraudulent change of land use, forged consent documents, and duping investors. The Suntec City matter concerns alleged fabricated landowner consents, collection of money without sale deeds, and subsequent projects based on the disputed land-use approval. The Altus matter concerns alleged misrepresentation of land-use approval, cancellation of the approval, and undervaluation in a later purchase of the project. en-us Thu, 07 May 2026 22:31:03 +0530 Thu, 07 May 2026 22:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72691 Enforcement Directorate searches were conducted under the Prevention of Money Laundering Act in probes linked to two real estate groups accused of fraudulent change of land use, forged consent documents, and duping investors. The Suntec City matter concerns alleged fabricated landowner consents, collection of money without sale deeds, and subsequent projects based on the disputed land-use approval. The Altus matter concerns alleged misrepresentation of land-use approval, cancellation of the approval, and undervaluation in a later purchase of the project. News - Thu, 07 May 2026 22:31:03 +0530 https://www.taxtmi.com/news?id=72691