prithvi estates

LIC Housing Finance’s net profit dips 68% in Q2 FY22

NEW DELHI: LIC Housing Finance (LIC HFL) has reported a 68 per cent decline in its net consolidated profit during the quarter ended September 2021, the company said in a BSE filing.Its profit after tax (PAT) stood at Rs 249.86 crore in Q2 FY22 as against Rs 789.67 crore it recorded in the corresponding quarter […]

Rs 3 crore fine levied on agencies in NCR over construction & demolition waste

NEW DELHI: Special teams in Delhi and NCR states have inspected 6,596 C&D sites, of which 963 sites were found to be non-compliant with various C&DWaste Management Rules and dust mitigation measures, said Commission for Air Quality Management in NCR and Adjoining Areas (CAQM). An amount of approximately Rs 3 crore has been levied as […]

Ansal Properties and Infrastructure’s CEO resigns

NEW DELHI: Ansal Properties and Infrastructure’s (Ansal API) CEO and whole time director Dinesh Chander Gupta has resigned with immediate effect, due to certain professional constraints and personal reasons, the company informed in a BSE filing. The company had reported a net consolidated loss of Rs 29.80 crore in the Apr-June 2021 quarter as against […]

IWG, Conjoinix ink franchise deal for 18 flexible workspace centres

Flexible workspace and coworking firm IWG has signed one of its largest franchise deals with Conjoinix, a real estate leasing and coworking company, for 18 centres across Delhi-NCR, Haryana, Uttar Pradesh, Jammu & Kashmir, and Gujarat. “The partnership with Conjoinix will enable us to continue expanding IWG’s brand presence across key business markets,” said Harsh […]

SC rejects bail plea of ex-Amrapali director on medical grounds

NEW DELHI: The Supreme Court on Wednesday rejected the plea of the ex-director of Amrapali Group seeking bail on medical grounds in the money laundering case against him saying that it is not a case of a medical emergency as such. The top court said that “the prayer for bail on medical grounds has been […]

GRAP measures come into force in NCR as pollution level likely to spike after Oct 21

NOIDA: With air quality likely to touch the “moderate” to “poor” range between October 21 and 24, certain measures under this category of the Graded ResponseAction Plan (GRAP) was implemented with immediate effect in National Capital Region (NCR) from Monday. The Central Pollution Control Board has directed the agencies concerned to ensure that all brick […]

Greater Noida authority to recover GST dues from allottees

GREATER NOIDA: The Greater Noida Authority will soon initiate a drive to recover the pending goods and services tax (GST) from its allottees. Authority officials, however, clarified that residential allottees will not have to pay the tax for urban services as the GST Council considers the industrial authorities as civic bodies. From July 2017, the […]

Delhi: DPCC imposes Rs 90 lakh fine on construction sites so far

NEW DELHI: Delhi Pollution Control Committee (DPCC) has imposed penalties of Rs 90 lakh after finding violations at 286 construction sites, so far, in the capital. Environment minister Gopal Rai said, under the ongoing anti-dust campaign, DPCC teams had visited 1,105 construction sites. “The norms were found to be followed at most sites. The sites […]

Chandigarh civic body sends 1,000 notices to property tax defaulters

CHANDIGARH: The start of the third quarter of the financial year has spurred the municipal corporation (MC) to tighten the noose on property tax defaulters, sending over 1,000 notices todefaulters of both commercial and residential properties. Although some people have been depositing the tax — the MC has earned over Rs 45 crore — the […]

Greater Noida development body launches plot scheme for EWS

The GNIDA has floated a new scheme to help people in the economically weaker section to own a home in DelhiNCR. The Authority has launchedthe builder plot scheme, under which four plots will be allotted to builders for construction. The plots are a total of 1.21 lakh sqm in sizeand will earn revenue worth around […]

Plots on offer for malls & shopping plazas in Greater Noida

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Monday launched a commercial plot scheme for malls and shopping complexes across various sectors. Some of the areas where these plots are being offered include sectors 10, Pi 1, and Techzone 7 and 12. The plots range from 2,500 to 12,000 square metres and are […]

Byju’s leases office space in Mumbai at Rs 1.67 crore annual rent

Educational technology company Think & Learn that operates as Byju’s has picked up a 9,500-sq-ft office at a commercial project Satellite Gazebo in Mumbai’s Andheri suburb on a five-year lease. The company will be paying an annual rental of Rs 1.67 crore for this office space. The lease agreement includes an escalation clause to revise […]

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