After the Income Tax raids on Ahmedabad-based companies Astral Pipes and Ratnamani Tubes; I-T searches have now begun in Surat. Over 30 premises of Sangini Group are under the radar of the department. The raids began on Friday early morning at multiple premises. Over 100 officials are deployed in the search operation of builder Velji Sheta’s office and residential premises.
Owner of Sangini Group, Velji Mohan Sheta is a popular businessman of Surat. He is currently director in three companies: Surat Smart city development ltd, Confederation of real estate developers association of India and Sangini realty private ltd. He also holds the position of director in three Limited Liability Partnership firms such as Vee Aar Life Space, Sangini Infra and Kalash distributors. Sheta belongs to Patel community and was earlier working to create better job opportunities for Patidar.
Sheta was also on the advisory board at Auro University, Surat.
Established in 1984, Sangini has been involved in construction of residential and commercial projects. It has done 62 projects with a total constructed space of 73 lakh sq. ft. These projects comprise 4600 residential units and 1800 commercial units. It’s corporate office is in Shyam Sangini, Sangini House, Besides Canal Rd, Vesu, Surat.
