Connect with us
Monday,04-May-2026
Breaking News

Maharashtra

Diamantaire Nirav Modi’s HCL House price slashed, DRT orders re-auction in Feb

Published

on

Finding no takers for fugitive diamantaire Nirav D. Modi’s one property, its price has been slashed and the DRT has ordered its re-auction, along with certain other prime assets, in one of the cases pertaining to the Punjab National Bank (PNB) scam.

Last week, the DRT-I Recovery Officer Ajeet Tripathi put up the HCL House in Marol for e-auction — plus three other lots of properties — to recover a portion of the outstanding of a staggering Rs 22,13,16,39,411.

When it went on the block in September 2022, the unsold HCL House, comprising the entire building with the land, carried a reserve price tag of Rs 52 crore, which has now been slashed to Rs 40 crore, as per the DRT-I announcement.

Besides, the DRT-I has put on the auction block other assets of Modi, including Offices No. 2001-2002 on the 20th floor of the posh Peninsula Park B in Lower Parel with a reserve price of Rs 66 crore, plus over Rs 1.72 crore outstanding maintenance dues till December 2021.

Another property of Modi, the 6th floor of the Mafatlal Centre in Nariman Point along with four parking slots will also go under the e-hammer with a reserve price of Rs 62 crore, besides unpaid maintenance charges for five years coming to over Rs 1.17 crore till May 2022.

Modi’s huge residential 4-BHK flat in Grosvenor House at Peddar Road is going up for auction sale with a reserve price of Rs 15.87 crore, further details of which are not available. Modi also has another address in the prestigious Al Shera Towers, Dubai.

The encumbrances or outstandings on HCL House and Grosvenor House are not known and all the properties shall be auctioned off on the basis of ‘as is where is’ and ‘as is what is’.

The e-auction is scheduled for February 10 — a week after the DRT-I ordered the sale of Modi’s two tony flats in the YOOPUNE housing scheme in Pune, valued at a total of Rs 18 crore, on February 3.

In the fresh auction list concerning PNB versus Firestar International Ltd, the names figuring are Modi and his group companies like Bentley Properties Pvt. Ltd., MAK Business Enterprises Pvt. Ltd., ANM Enterprises Pvt. Ltd., NDM Enterprises Pvt. Ltd., Neeshal Trading Pvt. Ltd. — all operating from a common address at Opera House.

The other companies are: Firestone Trading Pvt. Ltd., Paundra Enterprises Pvt. Ltd. and Radashir Jewellery Co. Ltd. — all registered in a single address at the Bharat Diamond Bourse (BDB) in Bandra Kurla Complex.

The February 3 and 10 e-auctions may help the PNB and a consortium of around 15 banks to recover a miniscule portion of massive dues, pending since the past five years after the country’s mega-banking scam was admitted by these banks in February 2018.

After the PNB’s complaint on the scam, estimated at over Rs 14,000 crore, the Central Bureau of Investigation (CBI) registered the first offence in January 2018 — but by then Modi, his wife Ami and other accused had already fled India.

Later, other probe agencies like Enforcement Directorate (ED) and Income Tax Department (ITD) entered the picture targeting the two prime accused — Modi and his maternal uncle Mehul C. Choksi — but both had flown the coop well before the scam erupted to shake the roots of the Indian banking sector.

Later it came to light that Modi was holed up in London and Choksi has cosily settled as a citizen of Antigua & Barbuda Isles, West Indies, and both are awaiting their extradition to India — expectedly soon.

In the past, the ED-ITD had auctioned off certain movable and immovable assets — like properties, expensive paintings, artefacts, high-end vehicles, etc., — to recover small amounts of its dues.

“Proclamation of Sale under Rules 38, 52(2) of the Second Schedule of the Income Tax Act, 1961, read with the Recovery of Debts Due to Bank and Financial Institutions Act, 1993,” said the latest DRT-I order of January 5.

Crime

Sensational Incident in Mumbai: Man Found with Knife Lodged in His Head Outside Sion Hospital ICU; Allegations of Medical Negligence

Published

on

A shocking incident has emerged from Mumbai, creating panic among patients and their relatives within a hospital premises.

According to reports, a man was seen standing outside the Trauma Intensive Care Unit (ICU) of Lokmanya Tilak Municipal General Hospital (Sion Hospital) with a knife lodged in his head. The horrifying sight caused chaos and fear among those present at the scene.

Eyewitnesses stated that the man was critically injured but did not receive immediate emergency medical attention for some time. Allegedly, he had come to the hospital seeking treatment, but no doctor attended to him promptly as an emergency case, and he was reportedly ignored.

After the incident was reported, hospital authorities and the police arrived at the spot. The injured man was later admitted to the ICU, where his condition remains critical, and doctors are making efforts to save his life.

This incident has raised serious questions about the functioning of the hospital administration. Patients and their families have alleged that if timely treatment had been provided, the situation might not have become so severe.

Continue Reading

Maharashtra

West Bengal Assembly Election Results 2026: ‘BJP Win Will Curb Infiltration, Terror,’ Says CM Devendra Fadnavis; Credits PM Modi For Surge

Published

on

Mumbai, May 4: Maharashtra Chief Minister Devendra Fadnavis on Monday said the BJP’s victory in West Bengal would help save the country from infiltrators and terrorist activities, asserting that people had reposed strong faith in the party and Prime Minister Narendra Modi.

Citing the BJP’s performance in Bengal, Assam, and Puducherry, he said 78 per cent of the country is now ruled by the BJP-led NDA.

The BJP has won six seats and is leading in 196 seats, while the TMC has bagged one as the counting of votes in the West Bengal Assembly polls progressed, indicating a saffron surge in the state.

“The victory in West Bengal will save our country from infiltrators, terrorist activities, and attacks. The way the Mamata Banerjee-led government functioned would ensure infiltrators from Bangladesh and send them across the country. These people would take away our jobs and pose a threat to our security, sovereignty, and unity,” Fadnavis said.

Referring to his campaign during the Bengal polls, Fadnavis said he was told that locals considered the BJP an outsider party, to which he responded that the party was founded by Shyama Prasad Mukherjee and had deep roots.

He claimed the BJP has secured a two-thirds majority in the state, reflecting people’s trust in Modi.

Fadnavis said there was a growing trust factor for the BJP and PM Modi across states such as West Bengal, Puducherry, and Assam, adding that the party would bring West Bengal out of “bad rule”.

He criticised the erstwhile governments of Congress and the Left, calling the last 15 years under Banerjee the “worst of all” tenures.

He said West Bengal, once the country’s financial hub with Kolkata as its economic capital, had declined due to the previous governments.

“Of the total FDI which our country receives, West Bengal could not even attract half a per cent,” Fadnavis said.

The Chief Minister said West Bengal was once highly industrialised, but nearly 7,000 major industries had left, turning it into a “jungle raj”.

He credited PM Modi’s vision and infrastructure push, including roads and metro projects, for convincing voters about real transformation.

Fadnavis hailed Union Home Minister Amit Shah as a master strategist and also lauded BJP president Nitin Nabin for ensuring a major victory.

He said the Bengal victory was dedicated to BJP workers who were attacked or killed after the previous assembly elections, asserting that the party’s “chariot of victory cannot be stopped”.

Drawing a comparison with Assam, Fadnavis said infiltration and terror activities had stopped after the BJP came to power and that the north-eastern state is now contributing significantly to growth.

“Similarly, West Bengal will be seen as a growth partner of the country in the coming days,” he added.

Fadnavis also thanked the Election Commission for conducting peaceful polls, claiming that no lives were lost.

Continue Reading

Maharashtra

Action taken against Dhulia Muslim settlement is totally unjust, Abu Asim Azmi writes to Minority Commission requesting a stay on the action and notice

Published

on

Mumbai: Maharashtra Samajwadi Party leader Abu Asim Azmi has demanded a stay on the notice of illegal eviction of houses from Muslim settlements in Dhuleya and demolition action from Minorities Commission Chairman Pyare Khan. Anhusan said that it is completely unjust to evict 275 Muslims in Dhuleya, while the government had also issued a GR for their rehabilitation through the Prime Minister’s Awas Yojana. This family had been living in Dhuleya Lal Sardarnagar Ant Batti area for 40 to 50 years, but the administration has suddenly evicted them by taking demolition action. They were illegally served a notice on April 21. The state government had also prepared a plan for the rehabilitation of the residents under the Pradhan Mantri Awas Yojana in connection with the GR of March 26, 2026. The sudden action of the administration is inhuman and illegal, therefore, the Minorities Commission is requested to impose a stay order on this illegal notice and provide justice to the residents. In this regard, Advocate Zubair of Dhule and the residents have requested that they get justice and a stay be imposed on the illegal demolition notice. Abu Asim Azmi has sent a letter to the Minorities Commission on the demand of the residents, demanding a stay and a stay on the action.

Continue Reading
Advertisement
Advertisement

Trending