Towers
The telecom department explores ways to resurrect the loss-making telecom company BSNL and help it meet capex costs. Bharat Sanchar Nigam plans to raise nearly Rs 6,000 crore of fresh resources by monetizing property holdings and sharing/leasing its 73,000-odd mobile towers. The state-run telco also proposes to boost cash flows by targeting 45 % revenue [...] Continue Reading »
Brigade Enterprises, a Bangalore based real estate developer has plans of raising Rs 150 crore from a private equity fund. The developer will raise the amount by discharging one of its commercial property in Whitefield. The project they are planning to discharge is Summit Brigade Metropolis having a built up area of 800000 square feet [...] Continue Reading »
Nilesh society residents have been facing many health problems due to hazardous radiation from three mobile towers atop Victor Shelter building. These mobile towers are taken to be unauthorized and illegal as per Right to Information (RTI) query filed by a resident of New Link Road Residents’ Forum. As per the report, three towers on [...] Continue Reading »
Ahmedabad is soon to get a new posh township project by the Godrej Properties, real estate branch of Godrej Group. The group has announced the project’s launch and also provided other details concerned with the project. The name of the project is Godrej Garden City (GGC) consisting of two towers. The towers will be 12 [...] Continue Reading »
Flats in Essel Towers on Mehrauli-Gurgaon Road were raided recently by district town planning (DTP) department. Few of the flats in these towers were used for commercial purposes instead of using it as a residential plot. Also the DTP officials say that many such flats were used as a slot for bars, offices and guest [...] Continue Reading »
