GURUGRAM: The Department of Town and Country Planning (DTCP) on Monday razed four under construction illegal farmhouses and road network constructed on the Aravalli mountain range at Gairatpur Bas here, officials said. According to the DTCP officials, Gurugram district is an urban and controlled area in which permission is required to be taken from the […]
NOIDA: Slashed rates, free trials and safety assurances — co-working spaces in the city are going the extra mile to bring back clients or retain existing ones as restrictions have started to ease. Co-working businesses have been among the worst-hit during the pandemic as people have preferred to work from home. Owners, however, feel the […]
GURUGRAM: With property tax arrears climbing to around Rs 932 crore, coupled with a slow recovery of the current year’s demand of Rs 235 crore, the Municipal Corporation of Gurugram is not only struggling to generate revenue but also staring at a funds crunch. In terms of property tax dues, Zone 2 (Udyog Vihar and […]
NEW DELHI: State-owned Punjab National Bank (PNB) on Friday apprised its board members about the developments with regard to proposed investment of Rs 4,000 crore by US-based private equity firm Carlyle and others in its mortgage arm PNB Housing Finance. According to sources, although it was not part of the agenda, a status report was […]
NEW DELHI: Seeking to help bonafide buyers know whether the land they plan to buy is under any legal dispute, the government plans to link e-courts with land records and registration database. The government feels that in the long run it will reduce dubious transactions, help in dispute containment and also reduce clogging of the […]
NEW DELHI: Realty firm Puravankara Ltd on Friday reported a sharp jump in its consolidated net profit of Rs 8.75 crore for the quarter ended March. Its net profit stood at Rs 0.35 crore in the year-ago period. Total income fell to Rs 339.39 crore in the fourth quarter of this fiscal from Rs 389.79 […]
GREATER NOIDA: Notwithstanding the pandemic, the Yamuna Expressway Authority has received a whopping response to its industrial plot scheme. Some 3,900 respondents came forth to bid for 367 plots ranging from 300-3,000 sqm across three sectors of 29, 32 and 33. As per preliminary assessments, investments worth Rs 3,000 crore are expected from Friday’s allotment, […]
NEW DELHI: The Rail Land Development Authority (RLDA) has called for bids for leasing out 16 land parcels across the country with the aim of generating revenue of around Rs 1,904 crore. Prominent among these 16 sites are Boulevard Road Colony in Delhi, Ramgarh Tal Colony in Gorakhpur, Lucknow Railway Station Redevelopment, and plots at […]
NOIDA: The Uttar Pradesh Cabinet on Friday decided to waive stamp duty and registration fees for leasing of land by the government agency Noida International Airport Limited (NIAL) for the first phase of an upcoming airport. The decision was taken during a meeting chaired by Chief Minister Yogi Adityanath in Lucknow, according to an official […]
NEW DELHI: The Enforcement Directorate (ED) on Friday said that it has attached properties worth Rs 365.94 crore belonging to the Adarsh Group of Companies, firms, LLPs, Riddhi Siddhi Group of Companies, firms, AOPs and others. The ED said that attached immovable and movable assets are in the form of agricultural, residential, commercial land parcels […]
Max Estates, the real estate arm of Max Group, has raised Rs 240 crore from Induslnd Bank for its upcoming commercial project on the NoidaExpressway, which will offer both office and retail spaces, a senior company executive said. With this fund raise, the company has achieved financial closure of the Rs 415 crore project spread […]
NEW DELHI: M3M India Pvt Ltd on Thursday settled with markets regulator Sebi a case of alleged failure to submit the financial result, by paying over Rs 6 lakh towards settlement charges. It was alleged that the firm failed to submit the half year result for the period ended September 30, 2020. As per the […]
