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CBI has detected around Rs 2000 crore worth of assets of Pearls Group

Q: The questioning of Nirmal Singh Bhangoo, owner of Pearls group revealed details of these properties.

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Replies (3)
1
Hi,
Since the CBI has detected the scam, will the investors in the group be receiving a compensation for their purchases?
Manali Shah


2
Hi Folks,
They also found that the company has agriculture land of around 800 acres near Bengaluru with the aim of developing Pearls Township, 37 residential plots and commercial properties in Gurgaon and 50 residential and comemrcial properties in Punjab were also allegedly purchased by the group, CBI claimed.
Maxwell


3
Yes, CBI examining the multicrore ponzi scheme claimed that they have identified prime properties worth around Rs 2000 crore belonging to Pearls group, accused of Rs 45000 crores scam.
Surinder


As per SEBI report, Pearls Group has many properties in Goa, Pitampura, Rohini and New Delhi. Golden Palm Hotel in Calangute and another Golden Palm Hotel and Spa in Colava areas of tourist haven Goa, Pearls Business Park and Pearls Omaxe in Pitampura, Pearls Corporate in Rohini in the New Delhi are owned by Bhangoo.
Jackie,  
22nd January 2016


4

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