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Construction & Infrastructure News

Declaring assured real estate return investment scheme as Ponzi will impact lower tier developers

June 2018

The government’s decision to term assured returns in real estate investment as ‘ponzi’ schemes will help further safeguard buyers’ interest....

Real estate, Ponzi schemes, RERA Act, SEBI, Ramesh Nair, JLL India

Maharashtra Government suggests to include real estate companies under MPID Act

May 2018

The Maharashtra Protection of Interest of Depositor Act (MPID) is mainly to book those who float Ponzi schemes and focused to recover investors’ mone...

MPID, Maharashtra Government, Real estate investment, Ponzi, RERA Act, SEBI, Ramesh Nair, JLL India
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