Engineering and construction major Larsen & Toubro sold pre-leased office space spread across three floors in L&T Business Park-TC-IV in Mumbai’s Powai suburb to National Realty for nearly Rs 81 crore. The company sold this office with nearly 37,527 sq ft carpet area immediately after leasing it to CitiusTech Healthcare Technology at starting annual rent […]
GURUGRAM: The enforcement team of the directorate of town and country planning (DTCP) has cleared 12 acres of prime agricultural land by razing five illegal colonies. During the demolition drive, the team razed unauthorised structures, road networks, and boundary walls. The officials also directed locals to not invest in such colonies without checking their status […]
RateGain founder Bhanu Chopra has bought an 850 sq m bungalow at Delhi’s Golf Links for Rs 127.5 crore, three people aware of the development said. RateGain is a global provider of SaaS solutions for the travel and hospitality sectors. According to registry documents accessed by Zapkey(dot)com, the property was registered on February 24 in […]
NEW DELHI: Max Group’s realty firm Max Estates on Friday said the National Company Law Tribunal (NCLT) has approved its bid to acquire a stalled mixed-use project ‘Delhi One’ in Noida through insolvency process — a development that will bring relief to nearly 300 stuck customers. Max Estates is a subsidiary of Max Ventures and […]
NEW DELHI: Mumbai-based Suraksha Group, which recently got the NCLT approval to acquire Jaypee Infratech, will infuse Rs 250 crore in the debt ridden Jaypee Group firm and also arrange Rs 3,000 crore loan for completion of around 20,000 apartments in various stalled projects over the next four years. As per the resolution plan of […]
RateGain founder Bhanu Chopra has bought an 850 sq m bungalow at Delhi’s Golf Links for Rs 127.5 crore, three people aware of the development said. RateGain is a global provider of SaaS solutions for the travel and hospitality sectors. According to registry documents accessed by Zapkey(dot)com, the property was registered on February 24 in […]
BENGALURU: WeWork Inc is in talks with investors to restructure its outstanding debt of more than $3 billion and raise more cash, the New York Times reported on Tuesday. Shares of the company rose about 5% in extended trading following the news. The company, which offers workstations, private offices and customized floors, had enjoyed a […]
NEW DELHI: Delhi Mayor Shelly Oberoi on Tuesday chaired a meeting with officials of the assessment and collection (A&C) department of the municipal corporation, and reviewed schemes related to property tax, her office said. During the meeting, senior officials apprised her about the status of revenue collection, tax policies and challenges faced by the department […]
NOIDA: The Greater Noida Authority has allotted three institutional plots worth Rs 15.40 crore through e-auctions. All the three plots were sold at a 1.5 times higher price than the reserved price of Rs 12.43 crore, officials said. The allotment of plots is expected to attract an investment of Rs 250 crore and generate employment […]
Pharmaceuticals major Pfizer has sold its rights over nearly 54-acre land parcel along with its plant in Trans-Thane Creek Industrial Area (TTCIA) near Mumbai to Vidhi Research & Development LLP for over Rs 207 crore including payment of differential premium to the Maharashtra Industrial Development Corporation (MIDC). Along with this leasehold land parcel in Turbhe, […]
BENGALURU: Amazon(dot)com Inc said on Friday it would push back the start of construction for the next phase of its Virginia headquarters, months after the e-commerce giant announced job cuts spanning more than 18,000 roles amid a sobering economic outlook. A spokesperson for the company, responding to media reports on the construction delay, did not […]
NOIDA: Residents of a housing society in Greater Noida protested against the developer on Sunday for the lack of guards and other basic amenities that were promised to them. The protesters placed five portraits of Yogi Adityanath on chairs outside the towers of JKG Palm Court society and appealed to the CM to look into […]
