[ad_1] HYDERABAD: The state govt has decided to develop an Information Technology Knowledge Hub on 450 acres in Puppalaguda. The project aims to provide employment to five lakh people. The 450 acres earmarked for the hub includes nearly 200 acres provided earlier to housing societies by previous govts and another 250 acres abutting it that…
[ad_1] CHANDIGARH: The Chandigarh administration is planning to demolish two colonies – Sanjay Colony, Industrial Area-I, and Janta Colony, Sector 25. “Plans are afoot for the demolition of Sanjay Colony and Janta Colony. Sanjay Colony is spread over 6 acres, and Janta Colony over 10 acres. Sanjay Colony is planned to be first vacated and…
[ad_1] NEW DELHI: Real estate firm Oberoi Realty Ltd on Saturday reported a 31 per cent annual increase in sales bookings to Rs 5,266 crore during the last financial year on strong housing demand. The Mumbai-based company had sold properties worth Rs 4,007 crore in the preceding year. In a regulatory filing, Oberoi Realty informed…
[ad_1] Representative Image PATNA: Deputy CM-cum-mines and geology department minister, Vijay Kumar Sinha, said that strong administrative proceedings would be initiated against the department’s officials and lower rung staff if they were found to be indulging in abetting illegal sand mining, a communiqué issued by the department said. Sinha’s directive has come in the backdrop…
[ad_1] NEW DELHI: Prestige Estates Projects reported new sales of ₹170,231 million in the financial year 2024-25, a decline of 19% year-on-year. Total sales volume for the year was 12.58 million sq ft, registering a decline of 38% year-on-year. The company sold 5,919 units in FY25. The average realization for apartments, villas, and commercial products…
[ad_1] MUMBAI: The Bombay high court dismissed a petition filed by a developer and directed that he must complete eight buildings in the Mira-Bhayandar area outside Mumbai and hand them over to MMRDA under an erstwhile rental housing scheme, the benefits of which he took. The eight buildings are expected to have almost 3,000 residential…
[ad_1] HYDERABAD: The Hyderabad unit of the Enforcement Directorate (ED) has provisionally attached shares worth 27.5 crore belonging to Andhra Pradesh former chief minister YS Jagan Mohan Reddy, and land worth 377.2 crore owned by Dalmia Cements (Bharat) Limited (DCBL) in connection with a money laundering case related to quid pro quo investments. However, DCBL…
[ad_1] NEW DELHI: Kolte-Patil Developers has reported annual sales of ₹2,791 crore in the financial year 2024-25, declining one per cent year-on-year. About 42% of the total pre-sales value for FY25 came from new launches. The company launched projects with a total gross development value (GDV) of ₹4,000 crore during the financial year. Atul Bohra,…
[ad_1] BENGALURU: The Bruhat Bengaluru Mahanagara Palike (BBMP) has announced a 5% rebate for property owners, who pay their full property tax for the 2025–26 fiscal year by April 30. The civic body has already issued a notification urging citizens to take advantage of the rebate offer to encourage early compliance and front-load its revenues….
[ad_1] File Photo AHMEDABAD: Chief minister Bhupendra Patel on Friday hinted at a potential overhaul of Gujarat’s building plan approval system, addressing long-standing demands from real estate developers for quicker clearances. Speaking during CREDAI‘s change of guard ceremony at Mahatma Mandir in Gandhinagar, the CM said, “The Prime Minister has always emphasised ease of doing…