Mumbai: Nirav Modi's 100 crore bungalow demolished using Dynamite sticks

New Delhi: The 100 crore luxurious bungalow of business tycoon and $200billion Punjab National Bank scam accused, Nirav Modi in Alibaug, Mumbai, was demolished on friday after a Bombay High Court order.

The demolition was order on a public interest litigation (PIL) filed by NGO Shamburaje Yuva Kranti in 2009, demanding action against illegal bungalows, hotels and resorts violating the high tide and low tide zones small villages along the beaches of Raigad.

The opulent bungalow, named 'Roopanya', is constructed as a ground-plus-one structure, comprising of a driveway, heavy metal fencing and a huge security gate expands over an area of 33,000 sq ft. It also includes a sprawling swimming pool, resort like slides and expensive fittings.

According to media reports, the bungalow had such a strong foundation that demolition process was carried out using dynamite sticks.

Situated at Kihim beach, over 90 km from Mumbai, it was declared illegal for violating all environmental norms.

The bungalow was demolished because it was infringing the Coastal Regulatory Zone (CRZ) norms and state permits as well, according to authorities.

The 48-years-old, Diamond businessman, Nirav Deepak Modi, is wanted by the Interpol for criminal conspiracy, criminal breach of trust, money laundering, fraud since August 2018. He is also being investigated in a $2 billion fraud case of Punjab National Bank (PNB)