New Delhi, Jan 4 (PTI) The Income-Tax department on Thursday searched major real estate groups based in Noida, Uttar Pradesh as part of a tax evasion investigation against them, official sources said.

The premises of realty groups like Bhutani Infra, Group 108, Logix and some other companies were raided by the tax department, they said.

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A total of 37 premises in Noida, Delhi and neighbouring Faridabad (Haryana) have been covered during the searches that were launched after noon, the sources said.

There was no immediate response from Bhutani Infra, Logix Group and Group 108 when contacted by PTI.

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The books of accounts and inventories of these groups were looked into by the search teams, the sources said, adding that the raids were going on.

Bhutani Infra, which deals in luxury projects, stated last year that it was developing a 15 million square feet area in four projects in Noida and is expanding out of the national capital region for the first time in four locations, including Goa.

The Logix group has created large facilities for the Information Technology (IT) sector apart from residential units.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)