Builders diverted homebuyers’ money to buy expensive luxury cars says Audit

By Accommodation Times Bureau GREATER NOIDA Greater Noida Industrial Development Authority (GNIDA) said, under the first audit, 25 real estate companies have been scanned in the city and out of that at least five realtors who are constructing group housing projects in Greater Noida have used the money collected from homebuyers to buy expensive

Mumbai housing societies have not audited from 3yrs says, state co-operatives department

By Accommodation Times News Service Office-bearers in a majority of societies in the Mumbai metropolitan region (MMR) have not appointed auditors for the last three financial years, revealed the Maharashtra cooperatives department officials. Only 7,000 societies in the MMR have qualified auditors examining their account books, which mean that large sums of