'Amrapali sold flats at Re 1/sq feet, rest in black'

The SC-appointed forensic auditors informed the court that they have so far unearthed 655 cases in which flats were sold at a price much lower than the prevailing market price and the Group received around Rs 159 crore of unaccounted money from buyers in cash. The report said homebuyers' money was used by top officials of the group for personal purposes.

from Times of India http://bit.ly/2FuR8zG