ED Attaches Properties Worth Rs 640 Mn of Kamla Landmarc
Real Estate

ED Attaches Properties Worth Rs 640 Mn of Kamla Landmarc

In a significant development, the Enforcement Directorate (ED) has initiated measures by attaching properties, including flats and plots, valued at Rs 640 million owned by Kamla Landmarc. This action reflects regulatory efforts to address concerns and enforce compliance within the real estate sector.

The attached properties represent a substantial value and are part of the enforcement measures taken by the ED. The move is aligned with regulatory objectives to scrutinise financial transactions and dealings within the real estate industry, ensuring transparency and adherence to legal frameworks.

Kamla Landmarc, a notable player in the real estate market, now faces the impact of the ED's actions, which include attaching assets as part of investigations. The regulatory measures aim to uphold the integrity of financial transactions and bring accountability to the real estate sector.

The ED's attachment of properties worth Rs 640 million serves as a reminder of the increasing regulatory scrutiny in the real estate industry. Such actions play a crucial role in maintaining the credibility and trustworthiness of the sector, safeguarding the interests of stakeholders and ensuring compliance with legal and financial regulations.

In a significant development, the Enforcement Directorate (ED) has initiated measures by attaching properties, including flats and plots, valued at Rs 640 million owned by Kamla Landmarc. This action reflects regulatory efforts to address concerns and enforce compliance within the real estate sector. The attached properties represent a substantial value and are part of the enforcement measures taken by the ED. The move is aligned with regulatory objectives to scrutinise financial transactions and dealings within the real estate industry, ensuring transparency and adherence to legal frameworks. Kamla Landmarc, a notable player in the real estate market, now faces the impact of the ED's actions, which include attaching assets as part of investigations. The regulatory measures aim to uphold the integrity of financial transactions and bring accountability to the real estate sector. The ED's attachment of properties worth Rs 640 million serves as a reminder of the increasing regulatory scrutiny in the real estate industry. Such actions play a crucial role in maintaining the credibility and trustworthiness of the sector, safeguarding the interests of stakeholders and ensuring compliance with legal and financial regulations.

Next Story
Infrastructure Transport

Kilambakkam Station, Skywalk Opening Delayed To January 2026

The long-awaited Kilambakkam railway station and pedestrian skywalk connecting it to the Kilambakkam Kalaignar Centenary Bus Terminus (KCBT) will now open only by January 2026, after multiple construction delays by both the Chennai Metropolitan Development Authority (CMDA) and Southern Railway. The postponement has left thousands of commuters struggling with poor connectivity during the ongoing festive season.Located nearly 25 kilometres from Chennai, KCBT serves as a major hub for mofussil and SETC buses heading to districts across Tamil Nadu. In the absence of train connectivity, commuters a..

Next Story
Infrastructure Transport

Railways Clears Rs 1.12 Billion Six-Lane Bridge Near Amaravati

The Ministry of Railways has approved the construction of a six-lane road over bridge (ROB) at the E13 extension road between Mangalagiri and Krishna Canal stations in Andhra Pradesh, at an estimated cost of Rs 1.12 billion. The project, fully funded by the Railways, aims to improve regional connectivity and ease traffic flow towards the Amaravati Capital Region.The proposed bridge will provide a crucial link between National Highway-16 (NH-16) and Amaravati, crossing the busy Chennai–Howrah railway line near Vijayawada. Initially planned as a four-lane structure, the design has been upgrade..

Next Story
Real Estate

Bombay HC Questions Cuffe Parade Redevelopment On Prime Govt Land

The Bombay High Court (HC) has raised serious concerns over the redevelopment of 33 acres of prime government land in Cuffe Parade, South Mumbai, under the Slum Rehabilitation Authority (SRA) scheme, calling it a potential misuse of public property under the guise of slum rehabilitation.In a strongly worded order issued on 1 October 2025, a division bench of Justices G.S. Kulkarni and Aarti Sathe observed that transferring such valuable land for private development amounted to “removing it from the public pool” and “throwing it open for commercial exploitation” in a city already depriv..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?