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 […]
The National Company Law Tribunal (NCLT) has approved the resolution plan of Max Estate Limited, the real estate arm of Max Group, for restarting the stuck ‘Delhi One’ residential project of Boulevard Projects Private Limited, a 3C Group company, paving the way for the takeover of the luxurious project on the Delhi-Noida border, alongside the […]
Gurugram: The Haryana Shahari Vikas Pradhikaran (HSVP), which had cancelled the allotment of two plots to a buyer after it was found that payments were not made and entries were managed fraudulently, has now decided to seal one of the plots as residential units have been constructed by the allottee. HSVP officials said that four […]
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 […]
The National Company Law Tribunal (NCLT) on Tuesday approved the resolution plan and bid by Mumbai based Suraksha Realty Limited and Lakshdeep Investments to take over debt-ridden realty company Jaypee Infratech Limited (JIL), thereby reigniting the hopes of thousands of aggrieved homebuyers of getting their dream homes soon. At least 20,000 homebuyers of Jaypee Wish […]
The National Green Tribunal (NGT) has refused to interfere with the ongoing construction of a solid waste facility in Jhandapur, Sahibabad, but have directed the formation of a joint committee of officials to give a “personal hearing” to the petitioner in the case. Petitioner Haji Arif, a resident of Ghaziabad, had moved the tribunal challenging […]
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 […]
Gurugram: The Gurugram Metropolitan Development Authority (GMDA) on Monday said work on a crucial stretch of master sector dividing road passing through sectors 77, 78-78A and 79-79A will commence in the next 15 days. It said they will clear a hillock to pave the way for the road construction. GMDA officials said they had secured […]
After the National Company Law Tribunal (NCLT) on Tuesday approved the resolution plan of Mumbai-based Suraksha Group to take over debt-ridden Jaypee Infratech Limited (JIL), homebuyers have termed the development ”the best Holi gift” as they are now hopeful of getting possession of flats soon. Around 20,000 homebuyers have been waiting for over a decade […]
