land parcels
Real estate firm Anant Raj Ltd has reduced debt by 6 percent to Rs. 1,403 crore last fiscal and is considering selling some of its hotel properties and land parcels to further cut the borrowings. Delhi—based Anant Raj said it has also invested about Rs. 1,000 crore in last three years to purchase 270-acre land, [...] Continue Reading »
Delhi NCR- National Green Tribunal (NGT) has issued notices to the principal conservator of forest and the chief secretary of Haryana, with regard to the encroachment of common hilly and forest land in Aravalis by private builders. The issue was brought to the notice of the Green Tribunal through a news report considering the possible [...] Continue Reading »
Belgaum- The government of Karnataka has been strictly accused by the Comptroller & Auditor General of India (CAG) for illegally denotifying land which was acquired by the Bangalore Development Authority (BDA). The report, Denotification of Land by Government and Allotment of Sites by BDA, containing all details regarding how the rules and court orders were jeered [...] Continue Reading »
Bangalore- In the recent trend of increasing number of townships in the city, global experts in traffic management are in demand. As a result of increasing number of people preferring to invest in township projects, many township developments have been coming up. Since, traffic management is one of the prime aspects of a township, global [...] Continue Reading »
Gurgaon-Pataudi Road is all set to emerge as another hub of industrial and commercial development. Located at the foothills of the Aravali hills, Pataudi along Gurgaon-Pataudi Road has become a cluster of real estate development and industrial set-ups. Availability of land parcels for residential and commercial development is one of the main factors driving development [...] Continue Reading »
As for the quarter ended June 30, 2012, Mahindra Lifespace Developers Ltd (MLDL) has posted a 72 per cent rise in net profit. The strong position of the company is reflected in its operating expansion as it has launched the second phase of its project at Nagpur. Also, during the quarter, it has acquired two [...] Continue Reading »
