The Centre might step in to ensure that work on the much-delayed Phase-IV of Delhi Metro takes off if a decision on the project is not taken by Delhi government, Union Minister for Housing and Urban Affairs Hardeep Singh Puri indicated, while flagging off the Janakpuri West-Kalkaji Mandir section of Magenta Linealong with Delhi Chief […]
The demolition drive in areas around the IAF ammunition depot has been put on hold for over two weeks now, apparently owing to some confusion arising out of reports that Deputy Commissioner Vinay Pratap Singh had ordered a stay on the anti-encroachment campaign. Though there has not been any written intimation from the DC’s office […]
Homebuyers of Lotus Panache have said they will move the Supreme Court against 3C Company for delaying the handover of flats to around 3,000 buyers. The buyers’ group, Lotus Panache Flat Buyers’ Association, said it had already filed complaints with the consumer forum and the Economic Offences Wing. Located in Sector 110, Lotus Panache has […]
The Punjab and Haryana High Court on May 29 directed Huda to allot alternative plots to 72 oustees — all GPA and SPA holders — within two weeks, clearing the decks for the development authority to demolish the remaining structures coming in the alignment of Dwarka Expressway. Hearing a petition filed by Puran Singh, the […]
At least 4,411 structures, both temporary and permanent, were demolished by authorities in various parts of the national capital in the last one month as part an anti-encroachment drive, the DDA said on May 30. The actions were taken based on the recommendations of a Special Task Force (STF), which has DDA Vice-Chairman, Secretary to […]
The Gurugram sessions court on May 29, issued a stay on all 24 caveats filed in the Gwalpahari land scam case. The court of Judge J S Kundu had earlier issued a stay on the lower court’s order, which had on May 28, declared that the 464 acres of land under dispute rests with private […]
The Uttar Pradesh Government on May 29, signed a pact with Yamuna Expressway Industrial Development Authority (YEIDA), Noida and Greater Noida Industrial Development Authorities to monitor and fast-track the work on the much awaited Greenfield Jewar International Airport. The signing of the MoU will kick off the process of land acquisition, officials of the state […]
Acting against illegal investment schemes, Sebi on May 31, barred G-Life India Developers and Colonizers and its directors from raising funds from the public with immediate effect. The move comes after the regulator took suo moto notice of a newspaper article, wherein it was reported that fund mobilising activity was carried out by G-Life India […]
Realty firm Prestige Estates on May 29 reported 21 percent increase in its consolidated net profit at Rs 107.1 crore for the fourth quarter of last fiscal on higher sales. Its net profit stood at Rs 88.1 crore in the year-ago period, Bengaluru-based developer said in a regulatory filing. Total income rose by 27 percent […]
The Enforcement Directorate (ED) on May 29 said it has attached Vikram Kothari owned Kanpur-based Rotomac Global’s properties worth Rs 177 crore in connection with a money laundering case involving an alleged bank fraud amounting to Rs 3,695 crore. The attached properties of the company and those of its directors are located in Uttar Pradesh’s […]
