2022-10-13
The names of 600 big property tax defaulters have been made public by the Nashik Municipal Corporation as a part of its name-and-shame drive. The civic body has uploaded the list of the defaulters on its official website and requested them to clear their dues at the earliest. These 600 defaulters owe over Rs 40 crore to the civic body — ranging from Rs 1 lakh to over Rs 20 lakh each.
2022-10-13
Aiming to save the central business district (CBD) area of Kochi city from the serious challenges of flooding and alarming rise in sea water level, the Greater Cochin Development Authority (GCDA) will develop an urban expansion master plan to retain city centre as Sponge City and develop three satellite towns around the city.
2022-10-13
Realty developer Rustomjee Group has entered into an agreement to jointly develop a nearly 2 million sq ft affordable residential project on a 12-acre land parcel in Kalyan, near Mumbai. The company, which is currently in the process of raising funds through its initial public offer (IPO), is planning to invest over Rs 500 crore to develop the project that will be completed in the next five years.
2022-10-13
Punjab Chief Minister Bhagwant Mann gave nod to hike minimum wages of of construction workers by Rs 715 per month. The CM said minimum wages of unskilled workers have been hiked to Rs 9,907 from existing Rs 9,192 whereas wages of skilled workers have been increased to Rs 11,584 from Rs 10,869.
2022-10-13
JSW Cement plans to invest more than Rs 3,200 crore to establish an integrated greenfield cement manufacturing facility in Madhya Pradesh as well as a split grinding unit in Uttar Pradesh. The combined cement capacity across both these units will be 5 MTPA. The proposed investment includes an integrated cement plant with 2.5 MTPA clinker capacity, 2.5 MTPA grinding capacity, 15 MW Waste Heat Recovery System in Madhya Pradesh and a 2.5 MTPA grinding unit in Uttar Pradesh.
2022-10-13
Sales booking of realty firm Sobha Ltd increased 13% to Rs 1,164.2 crore for the second quarter of 2022-23 fiscal year on higher price realisation. Its sales bookings stood at Rs 1,030.2 crore in the year-ago period. In volume terms, sales bookings dropped to 13,36,828 square feet in July-September quarter of the 2022-23 fiscal year from 13,48,864 square feet in the corresponding period of the previous year.
2022-10-13
As part of its expansion plan, Smartworks has signed up approx. 1.7 lakh sq ft in Jaipur and Indore. With this, the company's operations has expanded to 11 cities. It plans to add centres in three more tier-II cities in FY23. Smartworks plans to add another three million sq ft this fiscal year, bringing its total portfolio to 10 million sq ft.
2022-10-12
A team constituted by the National Green Tribunal (NGT) has found that 25 builder projects in Greater Noida have been extracting groundwater without permission from the government. The committee - comprising the Noida district magistrate and officials from the state and central pollution control boards — was formed in July.
2022-10-12
Delhi Lt Governor V K Saxena launched a web-based portal for digital management of land records of Delhi Development Authority (DDA) and stressed on minimum human interface for such work. The portal 'Land Management Information System' (LMIS) is also aimed at effective and efficient management and protection of DDA land records.
2022-10-12
A special purpose vehicle will be formed by the lead bidder along with the Slum Rehabilitation Authority and the Dharavi Redevelopment Authority to execute the project. An integrated development has been proposed on 240 hectares at an estimated cost of Rs 23,000 crore with a floor space index of over 4.
