A sea-facing bungalow of fugitive Nirav Modi in Maharashtra’s Alibaug was demolished on Friday with explosives, informed senior officials of the State. The bungalow estimated to cost over Rs. 100 crore.
According to reports, the bungalow was illegally build and violated coastal regulation zone (CRZ) norms. It was a 33,000 square foot luxurious bungalow.
The foundation of the structure of the bungalow was so strong that the authorities have to demolish the building through a controlled explosion, using dynamite.
Nirav Modi, one of the prime accused in the Rs. 13,000 crore Punjab National Bank scam, had earlier approached the High Court to stop the demolition as the bungalow was among the properties attached by the ED after the PNB scam surfaced.