NEW DELHI: Indiabulls Housing Finance today said that the base issue size of its public issue of secured redeemable non-convertible debentures (NCDs) and unsecured subordinated redeemable NCDs has been oversubscribed, the company said in a media release. Base Issue was oversubscribed by 4.04 times with a total collection of Rs 807.83 crore while the retail […]
NEW DELHI: The Supreme Court on Monday sought details from Faridabad Municipal Corporation about structures, existing on the Aravali forest land in Khori village but not included in the demolition drive. A bench headed by Justice A.M. Khanwilkar asked the civic body to also indicate steps taken to remove the debris of the unauthorised structures, […]
Sunrays Infrastructure Pvt Ltd, will develop 1.4 lakh sq ft of commercial space in R Plaza 79 in Sector-79,Faridabad, Haryana. The phase one of the project include 1.3 lakh sq ft of commercial space and revenue potential of the project is Rs 200 crore. The company had acquired the 2.7 acre land in 2011 and […]
NEW DELHI: The Delhi government has asked all private construction sites to follow its 14-point guidelines to prevent dust pollution in the city, Environment Minister Gopal Rai said on Friday. The AAP-led government had conducted a review meeting with all state-run agencies engaged in construction work in Delhi and they were told to submit their […]
GURUGRAM: Reeling under a financial crisis, the HSVP is planning to monetise its unplanned and unused land. The development authority has identified such land parcels in sectors 9, 10 and 49 in Gurgaon and Sector 1 of Pataudi. Around 300 plots are expected to be developed on these land parcels and the HSVP is hoping […]
GURUGRAM: The committee constituted by the Municipal Corporation of Gurgaon (MCG) to fix the rate for maintenance of parks in the city has recommended a hike of nearly 67% from the existing Rs 3 per square metres (sqm) to Rs 5 sqm. While RWAs have been saying the existing rate is sufficient for maintenance, the […]
GURUGRAM: A five-year wait ended for Vipul Lavanya residents on Saturday when the Municipal Corporation of Manesar initiated construction of the village road to connect the society to the main road linking sectors 81 and 86. The MCM has sanctioned Rs 75 lakh for the construction of a 7-metre-wide, 1km-long RMC road. The officials hope […]
NEW DELHI: Livspace, a home interior and renovation platform, plans to invest $50 million to expand its business across 80 markets, including 60 new market entries across India and 20 Asia Pacific cities, the company said in a media release. Livspace which claims to hold a 65% market share in the organised home interiors sector, […]
NEW DELHI: The Delhi government has asked all private construction sites to follow its 14-point guidelines to prevent dust pollution in the city, Environment Minister Gopal Rai said on Friday. The AAP-led government had conducted a review meeting with all state-run agencies engaged in construction work in Delhi and they were told to submit their […]
NOIDA: The Noida Authority on Friday directed officials to ensure that promoters of group housing projects in the city hand over charge of public spaces and facilities to apartment owners’ associations (AOAs) by September 30. Noida Authority CEO Ritu Maheshwari issued the direction after a meeting here on the builder-buyers issues with AOAs and real […]
GURUGRAM: As many as 13 buildings being constructed in violation of building norms were sealed and internal walls of additional floors were razed on the second day of the demolition drive in DLF-3 areas on Friday, a district town and country planning (DTCP) official said. Also, 11 shops constructed on residential plots were demolished by […]
Indiabulls Housing Finance raised about $165 million selling five-year convertible bonds to overseas investors, two people familiar with the matter told ET. Back home, the home financier will likely utilise the proceeds for onward lending. The debt papers likely offered 4.5 percent. They will have a ‘put’ option at the end of three years giving […]
