Raheja Developers BUSTED in Sting Operation By Cobrapost Regarding Black Money

November 27, 2014 - Uncategorized

Sting operation of Raheja Developers reveals how they accept black money in Dubai, and how they under-report the prices to rob the exchequer. Caught on tape are Kartik & Chetan in the Raheja Developers offices …
If they have so much money then why are their projects so late, incomplete, and severely deficient in services? Maybe because most of the money has already been parked abroad instead of being spent on the projects …
Full report of sting on 35 builders is here http://cobrapost.com/index.php/news-detail?nid=7290&cid=23
You can read our full report on Raheja's Grimes & Crimes here http://www.qubrex.com/open-letter-to-housing-minister-about-naredco-chairman-navin-raheja and you can read about how 43 buyers in Raheja Atharva have sued the builder in National Consumer Commission http://comments.gurgaonscoop.com/2014/11/17/forty-three-43-raheja-atharva-buyers-sue-raheja-developers-gurgaon-in-national-consumer-commission-court-case/, one case has been filed by Mr Arunesh Madan of Navodaya, and more cases are in pipeline from Vedaanta & Navodaya.
Warm regards,


  1. Sanjay Sharma says:

    The Bells Toll For Thee, Navin – Raheja Developers, For Whom The Bell Tolls


    The Central Board of Direct Taxation has ordered an Income Tax department investigation against a number of real estate developers who were recently shown by an investigative portal to be willing to accept alleged black money in property transactions. Raheja was one of the prominent Gurgaon builders to feature in the sting. Raheja was also subjected to income tax raids in Feb 2014 where 15 premises of Raheja Developers in Sainik Farms, Gurgaon and Delhi were raided. http://timesofindia.indiatimes.com/city/chandigarh/Tax-evasion-worth-Rs-80cr-unearthed/articleshow/5586071.cms

    The apex authority of the I-T department has asked its investigation units across the country to furnish to it reports of any action or probe conducted against the groups named by the portal in the past and in case such an action has not been done, the Central Board of Direct Taxes has ordered the same to be initiated.

    “The CBDT has asked the investigation units of the I-T department that all these reports should reach it by the first fortnight of December,” a senior official said.

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