Emaar India: The Enforcement Directorate (ED) has taken major action against Emaar India, the Indian unit of a well-known real estate company in Dubai, United Arab Emirates (UAE). ED has seized the immovable properties of Emaar India Limited and MGF Developments Limited, which are said to be worth Rs 834.03 crore. ED has taken action against Emaar India and MGF Developments under the Prevention of Money Laundering Act 2002, information about which was given by ED itself through its social media handle X. Interestingly, this is the same firm whose…
Read MoreEnforcement Directorate action Emaar India UAE Dubai Burj Khalifa property worth Rs 834 crore seized
