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India seizes 340 acres in land scam involving 4,700 homebuyers defrauded by ADEL Landmarks.
The Enforcement Directorate has attached 340 acres of land worth ₹585 crore in Haryana and Uttar Pradesh in a money laundering case against ADEL Landmarks Ltd. and its promoters, Hem Singh and Sumit Bharana.
The move, made on January 9, 2026, stems from allegations that the company defrauded over 4,700 homebuyers by failing to deliver promised flats despite collecting ₹1,075 crore in advance payments between 2006 and 2012.
Projects across Gurugram, Faridabad, Palwal, Meerut, and Ghaziabad remain incomplete after 12 to 19 years, with funds reportedly diverted to group companies, plans altered without consent, and refund cheques frequently dishonored.
The case arises from 74 FIRs and charge sheets by Haryana and Delhi police.
India incauta 340 acres en una estafa de tierras que involucra a 4.700 compradores de viviendas defraudados por ADEL Landmarks.