Diabytes
M3M News
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The IREO Group has been the target of numerous FIRs, which prompted the ED to look into the situation.
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The ED said it seized 17 high-end luxury vehicles like cars of Ferrari, Lamborghini, Land Rover, Rolls Royce, Bentley, Mercedes and Maybach among others that have an acquisition value of about Rs 60 crore.
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The company, which currently has 2,000 acres of land bank primarily in Gurgaon, would develop over 900 units in this 13-acre project.
Gurgaon-based company is also exploring the possibility of roping in international developers, financial institutions and private equity firms to develop this ambitious project.
Sahara Group has sold 185 acres of land in Gurgaon to the realty firm M3M India Ltd for Rs 1,211 crore.
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