Last Updated: February 22, 2024, 13:00 IST
File picture of Hiranandani Group co-founder Niranjan Hiranandani
Sources instructed News18 that the investigating company had obtained some new inputs in reference to an alleged international trade violation case, primarily based on which the motion was taken.
The Hiranandani group, one of many largest actual property builders in India, was raided by the Enforcement Directorate (ED) on Thursday. Four premises of the group — three in Mumbai and one in Panvel — had been looked for allegedly violating FEMA guidelines.
Sources instructed News18 that the investigating company had obtained some new inputs in reference to an alleged international trade violation case, primarily based on which the motion was taken. A supply added that the motion shouldn’t be associated to Trinamool Congress chief Mahua Moitra.
Darshan Hiranandani, son of firm co-founder Niranjan Hiranandani, had hit the headlines in ‘cash for query’ case involving former TMC MP Mahua Moitra.
BJP MP Nishikant Dubey, in a written criticism to Lok Sabha Speaker Om Birla, had accused Moitra of taking cash and costly items from Darshan in trade for elevating parliamentary questions.
Darshan Hiranandani can be the chairman of information centre operator Yotta Data Services, oil and fuel and associated infrastructure firm H-Energy, Tarq Semiconductors and shopper providers providing Tez Platforms.
Darshan’s father Niranjan Hiranandani, and Surendra Hiranandani began the actual property enterprise in 1978.
The firm has constructed and delivered about 48 million sq. ft of actual property, together with 35 million sq. ft of residential and almost 14 million sq. ft of business and retail house in Powai, Panvel, Thane (all a part of the Mumbai Metropolitan Region), Chennai, Ahmedabad and Pune.
According to a report in MoneyControl, the corporate additionally plans to launch three plotted growth tasks in Alibaug and Khandala, resort areas in style with Mumbaikars, and in Chennai.
Hiranandani mentioned the group owns 250 acres of land in Alibaug, 500 acres in Khandala and 400 acres in Chennai.
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