Land deal
Apparently there was an alleged land deal between Tata Realty and Unitech in 2007 which was supposed to fund the latter’s telecom project. The Supreme Court has been informed about the probe that was being conducted to ascertain the actual purpose of the land deal. Hence the CBI has registered a preliminary enquiry to probe [...] Continue Reading »
The resolution of the new government which outlines the recent model of compensation as well as the positive response of the villagers lately has been decided to give a fillip to the City and Industrial Development Corporation, also known as CIDCO’s land transfer process for the international airport project which costs a lot of money. [...] Continue Reading »
PMO has denied information on the deal saying that it is it is third party information provided in fiduciary capacity and using RTI Act for the information is abuse of the act. The information was sought by Lucknow-based RTI activist Nutan Thakur, on February 6 last year. It was sought in relation to her complaint [...] Continue Reading »
Nashik: The Nashik Municipal Corporation (NMC) is all set to increase the price offered for the Anandvalli land deal with Maharashtra Industrial Development Corporation (MIDC) from Rs 1 crore to Rs 1.12 crore. This is expected to end the deadlock of the deal. The housing project in Anandvalli has been delayed for over an year, [...] Continue Reading »
DLF, India’s biggest property developer, is closer to meeting its debt reduction target after it agreed to sell its plot of land in Mumbai for Rs 27 billion ($488 million) to Lodha Developers. The Delhi-based developer said it had received an advance payment of Rs 5 billion for the plot from Lodha and would receive [...] Continue Reading »
Largest revenue collection worth Rs 367 crore from a single land deal was collected by Noida Authority. The plot, which is located in Sector 25 A and Sector 32, was allotted to Wave Infrastructure in March this year. “This is the largest revenue collection from a single land registration,” DIG (Stamps) Vijay Deo Sharma said. [...] Continue Reading »
