Rana Kapoor’s Delhi Properties Worth Over Rs 1,000 Crore Under Agency Scanner
Rana Kapoor was once making plans to escape after he was once tipped off concerning the investigation, resources stated (Record)
New Delhi:
The Enforcement Directorate (ED) took Rana Kapoor in its custody prior to the Sure Financial institution founder may shift base from India and dampened his plans of promoting 3 Delhi homes which are price over Rs 1,000 crore.
The 3 homes at 40, Amrita Shergill Marg, 18 Kautilya Marg in Chanakya Puri and the Diplomatic Enclave on Sardar Patel Marg aren’t immediately connected to Mr Kapoor. Alternatively, officers stated that the previous Sure Financial institution leader had tasked some most sensible assets sellers within the capital to search for patrons for those belongings.
All of the above homes are connected to Rana Kapoor’s spouse Bindu Kapoor, who could also be below the ED scanner over suspicious transactions of round Rs four,300 crore.
Bindu Kapoor purchased a sumptuous bunglow at 40, Amrita Shergill Marg, a primary location in Lutyens’ Delhi, within the identify of her corporate Bliss Home Ltd. whilst the opposite two homes belong to Bliss Villa (Delhi) Non-public Ltd.
Recognized for a flamboyant way of life and penchant for exposure, Rana Kapoor, resources stated, sought after to shift both to america, the United Kingdom or France after promoting homes in Delhi and Mumbai quickly after he was once tipped off concerning the ED investigation in opposition to him.
He didn’t wish to depart any assets in India prior to leaving the rustic, stated the supply.
The valuables at Amrita Shergill Marg was once purchased from Avantha Realty, Gautam Thapar’s corporate, which had borrowed cash from Sure Financial institution, the supply added.
In line with resources, Rana Kapoor’s spouse had purchased this assets within the identify of her corporate Bliss Home Ltd. because of a mortgage default by way of Avantha Realty. Sure Financial institution’s publicity to Avantha Realty was once Rs 500 crore.
Bliss Home Pvt Ltd. had purchased this assets by way of elevating Rs 380 crore from a Mumbai-based non-banking monetary corporate. The deal with of Bliss Home could also be the similar as the valuables purchased.
Sure Financial institution allegedly offered the valuables for a naked minimal worth of Rs 380 crore to Bliss Home Pvt Ltd. as an alternative of following process below the RBI’s advised tips to recuperate the mortgage quantity.
Amrita Shergill Marg is without doubt one of the maximum high spaces of Delhi and resources stated that the valuables was once priced at round Rs 450 crore.
The Chanakya Puri assets is within the identify of Bliss Villa (Delhi) Pvt. Ltd. which was once included on September nine, 1971. It’s labeled as non-government corporate and is registered on the Registrar of Firms, Delhi.
Its permitted proportion capital is Rs 2 crore and its paid up capital is Rs 1,83,74,800. The Administrators of Bliss Villa (Delhi) Non-public Restricted are Bindu Kapoor and Ajita Madhukar Potdar.
The 3rd assets in Diplomatic Enclave on Sardar Patel Marg could also be a primary assets connected to Rana Kapoor however extra details about the valuables may no longer be accrued.
It’s learnt that the promoting worth of the Chanakya Puri and Sardar Patel assets was once fastened Rs 350 crore and Rs 250 crore, respectively.
The ED no longer most effective have begun its probe into those 3 Delhi homes but additionally any other assets in Mumbai which was once purchased by way of the Kapoor circle of relatives on Altamount Highway in 2018 for Rs 128 crore.
Collectively owned by way of Citibank and GlaxoSmithKline, the valuables is subsequent to Mukesh Ambani’s 27-storey Antilla.
The ED in addition to the CBI have registered separate instances in opposition to Rana Kapoor, his spouse, their 3 daughters – Rakhee Kapoor Tandon, Roshni Kapoor and Radha Kapoor – and Dewan Housing Finance Ltd (DHFL) promoter Kapil Wadhwan for prison conspiracy to increase monetary help to DHFL by way of the financial institution.
For this, the Kapoors have been won kickbacks to the song of Rs 600 crore.
Rana Kapoor was once arrested by way of the ED on Sunday after nearly 16 hours of wondering in Mumbai and he was once remanded in custody by way of a Mumbai courtroom until March 11.
