GURUGRAM: MCG Commissioner Mukesh Kumar Ahuja on Monday instructed officials to check all the approved building plans and start issuing notices to individuals for obtaining the occupation certificate. The direction came during the meeting with the officials of planning and revenue wings on Monday at MCG office in Sector 34. Senior town planner Sanjeev Mann […]
JC Chaudhary, the founder of Aakash Educational Services Ltd, has purchased a 5-acre farmhouse in south Delhi for around Rs 96 crore, three people aware of the deal said. Chaudhary’s purchase of Pushpanjali Farm at Bijwasan is his second big-ticket real estate transaction in the last two months and comes close on the heels of […]
NEW DELHI: With a target to increase property tax collection, civic bodies have started organising camps, filing details online and collecting cheques from doorsteps while following proper Covid guidelines. A South Delhi Municipal Corporation (SDMC) official said that they are talking to the 1,400 common service centres to help in the process of collection and […]
NEW DELHI: Adani Enterprises Ltd (AEL) on Saturday said it has incorporated a wholly-owned subsidiary, Adani Cement Industries Limited (ACIL), to manufacture all types of cements. In a filing to BSE, the company said it incorporated the wholly-owned subsidiary on June 11, 2021 and the subsidiary company yet to commence its business operations. The new […]
NEW DELHI: The advancement of monsoon arrival date has put the dangerous building survey exercise under spotlight as Delhi witnesses several old and dilapidated structures collapsing during the rainy season every year. Only 57% of the 11.4 lakh buildings have been surveyed in South Delhi Municipal Corporation jurisdiction areas so far and just four structures […]
NEW DELHI: Max Ventures & Industries Ltd (MaxVIL) has clocked nearly 10-fold jump in its consolidated net profit at Rs 33.59 crore for the quarter ended March 2021 and announced its decision to foray into residential real estate business. Its net profit stood at Rs 3.43 crore in the year-ago period. Total income rose to […]
GURUGRAM: The Supreme Court’s latest order regarding the demolition drive against an illegal construction in the Aravalli hill area of Khori Gaon, Faridabad, has boosted the morale of the Gurugram forest department. A forest department official told IANS that they will soon go through the top court’s order regarding the demolition drive in Faridabad village […]
NEW DELHI: US-based realty firm Hines has tied up with Goel Ganga Corporation to develop a premium office complex in Pune at an estimated construction cost of Rs 1,200 crore. Hines, a privately-owned global real estate investment firm, entered India in 2006 and has so far invested over USD 400 million equity for development of […]
GREATER NOIDA: After going through a proposal of the Jaypee group to revive its sports city project in Greater Noida, the Yamuna Expressway Industrial Development Authority (YEIDA) will submit a point-by-point response to the Uttar Pradesh government, officials said. YEIDA had in late 2019 cancelled the lease deed of the 2,500-acre land parcel and took […]
NEW DELHI: State-owned Central Bank of India on Monday announced co-lending partnerships with NBFC players Indiabulls Housing Finance and IIFL Home Finance. Under this arrangement, non-banking finance companies (NBFCs) will originate and process retail home loans while Central Bank of India will take into its book 80 per cent of the housing loan under direct […]
NEW DELHI: The board members of Punjab National Bank (PNB) including its independent directors may seek more clarity on the PNB Housing Finance fund raising deal. The Rs 4,000 crore transfer of control deal in PNB Housing Finance to a private equity led consortium led by Carlyle Group has faced opposition from proxy advisory firms […]
GREATER NOIDA | NOIDA: Troubled by long power cuts and DG set failure, around 300 residents of Habitech Panchtatva society in Greater Noida sat on a protest on the society premises for around five hours late Tuesday night. The residents said that while they had been getting power supply only for a few hours since […]
