2022-10-05
The Nashik zilla parishad has started constructing ground plus 1 (G+1) storey buildings to accommodate beneficiaries under various housing schemes. The G+1-storey housing is being carried out by the ZP for beneficiaries of schemes as they are unable to get land for construction of houses.
2022-10-05
Australia's 'Big Four' lenders - Commonwealth Bank of Australia, National Australia Bank , Westpac Banking Corp and Australia and New Zealand Banking Group - will raise home loan rates by 0.25% per annum. The move is in sync with the country's central bank, which earlier in the day raised its benchmark lending rate by 25 basis points.
2022-10-05
The municipal corporation (MC) has collected Rs 22.1 crore property tax from April 1 till September 30, crossing its target of Rs 22 crore set in its budget for the 2022-23 fiscal year. “It is a record achievement. From April 1 to September 30, 2021, the collection was only Rs 14.25 crore,” said MC commissioner Navjot Kaur.
2022-10-05
Over 40 residential structures will be removed to pave way for a sewage treatment plant (STP) planned at Devnagar area. Indore Municipal Corporation (IMC) has issued notices in the name of the occupants with instructions to vacate the structures within a week or so.
2022-10-05
Developer Rustomjee Group will achieve a first close of Rs 450 crore for its alternative investment fund by November to fund redevelopment projects in the city. First of the investments to be done by the AIF christened 'Mt K Kapital' will be in realty projects undertaken by the group itself, Rustomjee's chairman and managing director Boman Irani told PTI.
2022-10-05
Mumbai Metropolitan Region Development Authority (MMRDA) will earn Rs 2,067 crore with a Japanese firm Goisu Realty Pvt Ltd bagging the tender for leasing two land parcels at Bandra-Kurla Complex for the next 80 years. The bid for the two commercial plots, measuring 5,807.50 sq m and 6,077.60 sq m, was finalized at a little more than the reserved price stipulated by the development authority.
2022-10-05
Bollywood actress Madhuri Dixit-Nene has purchased a sea-view luxury apartment in a super-premium residential project Indiabulls Blu on Dr. E Moses Road in in Mumbai’s upscale Worli locality for Rs 48 crore. The deals value the apartment at nearly Rs 90,000 per sq ft. The apartment on the 53rd habitable floor of tower C is spread over 5,384 sq ft.
2022-10-04
Neha Bansal, co-founder of eyewear retailer Lenskart, has bought a 400 square yard bungalow at Delhi’s Greater Kailash for Rs 22 crore. Startup founders and company promoters looking to save on taxes have emerged as the main buyers of super luxury real estate properties after selling shares or stakes in their companies.
2022-10-04
JSW Cement, a cement manufacturing company, has signed its first sustainability linked loan of Rs 400 crore (US$ 50 million) with MUFG Bank India. JSW Cement plans to deploy these funds as a capital expenditure to achieve its capacity target of 25 MTPA with increasing focus on sustainability.
2022-10-04
The Maharashtra Industrial Development Corporation (MIDC) has allotted 400 of the total 600 industrial plots measuring between 500 sq metre and over 5 acre at the newly developed Ajang-Ravalgaon industrial estate in Malegaon tehsil. These 400 units will construct their manufacturing plants in the next two to three years, which will fetch over Rs 1,500 crore of investment and generate employment for over 4,000 people.
