NEW DELHI: The Railways has invited request for proposals for leasing a land parcel here for mixed-use development as part of the Bijwasan railway station development project. The total land area available for mixed-used development is 18,000 square metres and is available for bidders on lease hold rights for a period of up to 99 […]
NEW DELHI: ACC plans to increase its clinker and cement capacities, the company said in its recently held annual general meeting. The integrated greenfield project of 2.7 MTPA clinker capacity with 1 MTPA grinding unit at Ametha in Kymore, Madhya Pradesh is on track, it said. Expansion of the existing grinding unit in Tikaria with […]
NEW DELHI: Ambuja Cement plans to increase its clinker capacities in its upcoming facility in Marwar Mundwa, Rajasthan by 3 MTPA, the company said in its annual general meeting held on Friday. This greenfield integrated plant, at a total investment of Rs 2,350 crore, will commence operations by Q3 2021. This capacity expansion will help […]
GURUGRAM: After several delays in the payment of external development charges (EDC) by the department of town and country planning (DTCP), the metropolitan development authorities of Gurgaon (GMDA) and Faridabad (FMDA) will now be getting them directly from developers. The decision was taken at the GMDA authority meeting held in Gurgaon on Friday under the […]
GURUGRAM: From applying for a unit in an affordable housing project to paying the booking fee, draw of lots, allocation and refund, the entire process is now online. The department of town and country planning (DTCP) has launched a portal in order to ensure transparency in the entire process starting from application till the allotment […]
NEW DELHI: Chief minister Arvind Kejriwal on Thursday directed officials to expedite the process of giving flats to slum dwellers under the ‘Jahan Jhuggi Wahin Makan’ scheme of the Delhi government. The CM held a meeting with minister Satyendar Jain and senior officials from Delhi Urban Shelter Improvement Board (DUSIB) to review the progress of […]
NEW DELHI: Realty firm Embassy group is in the advance stage of talks with global investment firm Blackstone to sell its warehousing and industrial parks business at an enterprise value of around Rs 1,800 crore, sources said. In 2015, the Bengaluru-based Embassy group had formed a joint venture with private equity firm Warburg Pincus to […]
NOIDA: The Gautam Buddh Nagar police on Thursday said it has attached 56 flats constructed illegally by a private firm and estimated to be worth Rs 22.40 crore in Greater Noida’s Shahberi. The action against Satyam Real Builders Private Limited follows a court order in a case that was lodged against the group at the […]
GURUGRAM: The blaze at a hardware store in Sadar Bazaar on Wednesday has raised questions over the fire safety arrangements in the congested market. The fire raged for over nine hours and 24 fire tenders had to be called in to extinguish the blaze. While no casualties were reported, shopkeepers are under scanner as none […]
NEW DELHI: The Rs 2,500 crore Macrotech Developers (erstwhile Lodha Developers) initial public offering (IPO) was subscribed 35 per cent on second day of the bidding process on Thursday. By 5:00 pm, the fresh issue attracted bids for 1,26,56,010 shares against the issue size of 3,64,18,219 shares. The issue is being sold in Rs 483-486 […]
NEW DELHI: The government of India is likely to extend the Credit Linked Subsidy Scheme (CLSS) for MIG categories as the deadline for CLSS had expired on March 31, 2021. In May 2020, the Finance Minister had announced the extension of the deadline for the affordable housing Credit Linked Subsidy Scheme (CLSS) till March 2021 […]
Gurgaon administration has decided to increase the circle rate by upto 90% at some of the posh localities of the city, at a time when the real estate sector is still recovering from the setback by COVID19. Circle rates at DLF’s Camellias, Magnolias and Aralias, which houses one of the costliest condominium in the country, […]
