+
CBI Unveils Alleged Irregularities in Paradiso Cave-In
Real Estate

CBI Unveils Alleged Irregularities in Paradiso Cave-In

In a recent development, the Central Bureau of Investigation (CBI) has revealed details surrounding the Paradiso Cave-In case.

The investigation points fingers at Chintels India's CMD and seven others, accusing them of involvement in the controversy.

The chargesheet exposes a web of alleged irregularities, shedding light on the complexities of the case. The authorities delve into financial transactions, highlighting potential discrepancies that led to the collapse of the Paradiso project.

The accused individuals are now under scrutiny as the legal proceedings unfold. The case underscores the need for transparency and accountability in the real estate sector, urging a thorough examination of the practices that contributed to the unfortunate incident.

The CBI's pursuit of justice in this matter signals a crucial step towards maintaining integrity within the industry. As the legal process continues, stakeholders and the public await further revelations that may reshape the landscape of real estate governance in the region.

Paradiso Cave-In raises questions about regulatory oversight and accountability, emphasising the importance of a vigilant approach to prevent similar incidents in the future.

In a recent development, the Central Bureau of Investigation (CBI) has revealed details surrounding the Paradiso Cave-In case. The investigation points fingers at Chintels India's CMD and seven others, accusing them of involvement in the controversy. The chargesheet exposes a web of alleged irregularities, shedding light on the complexities of the case. The authorities delve into financial transactions, highlighting potential discrepancies that led to the collapse of the Paradiso project. The accused individuals are now under scrutiny as the legal proceedings unfold. The case underscores the need for transparency and accountability in the real estate sector, urging a thorough examination of the practices that contributed to the unfortunate incident. The CBI's pursuit of justice in this matter signals a crucial step towards maintaining integrity within the industry. As the legal process continues, stakeholders and the public await further revelations that may reshape the landscape of real estate governance in the region. Paradiso Cave-In raises questions about regulatory oversight and accountability, emphasising the importance of a vigilant approach to prevent similar incidents in the future.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?