[ad_1] representative image NEW DELHI : The Enforcement Directorate (ED), Kolkata has provisionally attached 707 acres of land, valued at approximately Rs. 1,460 crore, in and around Aamby Valley City, Lonavala, as part of its ongoing investigation into the Sahara Group’s alleged money laundering activities. The land, purchased in benami names, was funded through diverted…
[ad_1] representative image The Aditya Birla Group’s real estate business, led by Birla Estates, will be among the key growth engines for the group in the coming years as the company accelerates towards its goal of ranking among the top three property developers in India, K.T. Jithendran, MD & CEO of Birla Estates, told ET….
[ad_1] representative image NEW DELHI: India’s luxury housing segment recorded 28 per cent jump in sales during January-March period this year, compared to the same period of the previous year, across India’s top seven cities, according to a report by real estate consultant CBRE South Asia. The segment, which comprises homes priced at Rs 4…
[ad_1] representative image AMARAVATI: The Andhra Pradesh Cabinet on Tuesday approved the allocation of 21.16 acres to TCS in Visakhapatnam at a token lease price of 99 paise. The tech giant will use the earmarked land on IT Hill Number 3 for an IT campus where it is expected to invest Rs 1,370 crore. The…
[ad_1] representative image TRICHY: Representatives of the Construction and Real Estate Industry Coalition (CRIC), have demanded the state govt to reduce the cost of m-sand, as it is affecting their business. Addressing reporters on the sidelines of the state-level meeting convened in Trichy on Tuesday, CRIC president Pon Kumar said, “The increase in prices and…
[ad_1] NEW DELHI: Trehan Iris has partnered with Sarovar Hotels to launch Iris Sarovar Portico hotel situated in sector 85, Gurugram. This collaboration is backed by a projected investment of ₹75 crore, with an anticipated revenue of ₹10-12 crore. The hotel features 79 designed rooms and suites, restaurant, rooftop venue, rooftop swimming pool, fitness centre,…
[ad_1] representative image NEW DELHI: State-run real estate developer NBCC (India) has brought forward its target of achieving Rs 25,000-crore revenue by a year to FY29, buoyed by its negotiations for redevelopment projects across the country, its chairman and managing director, KP Mahadevaswamy, told ET. NBCC will follow the Delhi model, under which it sold…
[ad_1] representative image BENGALURU: Real estate firm Assetz on Tuesday said it has tied up sixteen prime land parcels totaling over 200 acres in the past two years in Bengaluru. These acquisitions add 15 million square feet of saleable area to Assetz’s existing portfolio, the company said in a statement. “These new land parcels, which…
[ad_1] representative image INDORE: Continuing its crackdown on unauthorised constructions, Indore Municipal Corporation (IMC) on Tuesday took action to remove an illegal structure in Goyal Avenue. The building officer, Shivraj Yadav, reported that Kishore Patidar was constructing two houses on a single plot in Goyal Avenue, which falls under Ward 36 of Zone 22, in…
[ad_1] representative image Realty major DLF will open three shopping malls in Goa, Delhi and Gurugram in the current fiscal, covering around 14 lakh square feet space as it remains bullish on the growth of organised retail in India. In an interview with PTI, Pushpa Bector, Senior Executive Director and Business Head at DLF Retail,…