High Court Issues Notice to ED and Ireo MD Over Bail Violation Allegations, ET RealEstate

[ad_1] Representative image CHANDIGARH: The Punjab and Haryana high court has issued notice to the Enforcement Directorate (ED) and Lalit Goyal, MD of Ireo Group, on a plea alleging that the latter transferred his properties worth hundreds of crores to third parties in violation of conditions imposed upon him. Justice N S Shekhawat has issued…

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Build Nivesh raises Rs 40 crore in maiden real estate AIF, Real Estate News, ET RealEstate

[ad_1] Representative image NEW DELHI: Build Nivesh LLP on Tuesday said it has raised Rs 40 crore in its maiden real estate alternate investment fund. In a statement, the company announced the final closure of its maiden real estate AIF (alternate investment fund). “The company has reported robust investor interest evidenced by it exercising 100…

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House of Abhinandan Lodha to invest Rs 3,000 crore to expand into six cities, ET RealEstate

[ad_1] Representative image NEW DELHI: Realty firm The House of Abhinandan Lodha on Friday announced a foray into six new cities, including Amritsar, Varanasi and Vrindavan, to build plotted development projects with an investment of Rs 3,000 crore. Mumbai-based The House of Abhinandan Lodha, which was formed in 2021, sells only residential plots across Maharashtra,…

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Kanpur Metro Trial Run to Kanpur Central Set to Begin This Month, ET RealEstate

[ad_1] Representative image KANPUR: Kanpur Metro‘s preparations for the commercial operation from IIT to Kanpur Central station are now in the final stage. This month, a test run will be conducted up to Kanpur Central, paving the way for the launch of commercial operations in this section. Kanpur Metro currently operates on the Priority Corridor…

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NGT forms panel to investigate illegal sand mining on Son river in Bihar, ET RealEstate

[ad_1] Representative image NEW DELHI: The National Green Tribunal has formed a panel to look into the alleged illegal sand mining on river Son in Bihar‘s Rohtas district and submit a “factual report” within six weeks. The green body was hearing a plea claiming unauthorised mining in the river by construction of temporary dams in…

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State Launches Online Grievance Redressal Cell to Expedite Building Plan Approvals, ET RealEstate

[ad_1] Representative image VIJAYAWADA: To streamline town planning department in urban civic bodies, the state govt has decided to launch an online grievance redressal cell. The move comes in the wake of alleged reluctance on the part of officials in clearing building plans despite submission of required documents by applicants. Applicants can send their plans…

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