Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement, ET RealEstate

[ad_1] NEW DELHI: Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in CK Birla group firm Orient Cement Ltd in a Rs 8,100-crore deal. According to a CCI notice, the proposed transaction is a two-stage acquisition process, initiated through two share purchase agreements…

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Illegal Sand Dune Mining in Injambakkam Poses Threat to Chennai’s Coastline, ET RealEstate

[ad_1] Representative image CHENNAI: Sand dunes have been illegally excavated in Injambakkam, near VGP theme park, despite coastal regulation zone rules prohibiting such excavation. “Since last week, dunes have been removed for at least 100 metres along the beach. I filed a complaint with Neelankarai (J8) police,” said I H Sekar, a local social worker,…

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Study Reveals Toxic Metal Contamination, ET RealEstate

[ad_1] Representative image CHANDIGARH: Brick kilns in Punjab pose serious environmental risks, with nearby surface water heavily contaminated by toxic heavy metals, endangering both the environment and public health, revealed a study. As per the study, these kilns are major sources of heavy metal pollution, largely due to the burning of coal and other fuels…

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DTCP Demands Urgent Action Against Illegal Construction in Gurgaon, ET RealEstate

[ad_1] Representative image GURURGRAM: The department of town and country planning (DTCP) has sent a reminder to various departments, urging them to take strict action against unauthorised buildings in Palam Vihar. The case concerns 11 plots in C-2 Block, each measuring 500 sq yards, where 16 flats were constructed illegally per plot. The enforcement wing…

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Bhutani Infra acquires Logix City Center in Noida for around Rs 1,000 crore, ET RealEstate

[ad_1] NEW DELHI: Realty firm Bhutani Infra has purchased a commercial project ‘Logix City Center‘ in Noida for an estimated cost of around Rs 1,000 crore, including expenditure to be made on renovations. The project has a total area of around 1.2 million square feet, including an operational shopping mall, office space and a hotel….

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Bhutani Infra acquires Logix City Center in Noida for around Rs 1,000 crore, ET RealEstate

[ad_1] NEW DELHI: Realty firm Bhutani Infra has purchased a commercial project ‘Logix City Center‘ in Noida for an estimated cost of around Rs 1,000 crore, including expenditure to be made on renovations. The project has a total area of around 1.2 million square feet, including an operational shopping mall, office space and a hotel….

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Bengaluru BBMP Achieves 70% Property Tax Collection, Mahadevapura Leads with 74.4%, ET RealEstate

[ad_1] Representative image BENGALURU: Bruhat Bengaluru Mahanagara Palike (BBMP) has reported collecting nearly 70% — or Rs 3,634 crore — of the targeted property tax of Rs 5,210 crore till Nov 9 this year. Mahadevapura zone has topped during 2024-25, contributing Rs 974 crore — or 74.4% — of the targeted Rs 1,309 crore. A…

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Lucknow Development Authority Launches E-Auction for 300+ Properties, ET RealEstate

[ad_1] Representative image LUCKNOW: Lucknow Development Authority on Monday opened an e-auction portal to bid on various residential and commercial properties, including those on prime locations across the district. The portal was opened following the directives of Vice Chairman Prathamesh Kumar. It will remain open for online registration until Dec 11, with the e-auction scheduled…

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ED restitutes illegally sold Chennai land worth Rs 12 crore to rightful owner, ET RealEstate

[ad_1] Representative image NEW DELHI: The Enforcement Directorate (ED) on Monday said it has “restituted” a plot of land worth more than Rs 12 crore in Chennai to its rightful claimant after it was “fraudulently” sold by land grabbers. The action was taken under the Prevention of Money Laundering Act (PMLA) after it lodged a…

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