User: divya_rrs Topic: Bombay
Category: Real Estate
Last updated: May 25 2018 07:23 IST RSS 2.0
 
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Sensex retreats on weak Asian cues; pharma, metals ... 10.11.2025 CNN-IBN Top Stories
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Modi government and stock market: What lies ahead? 25.5.2018 Business Standard: News Now
Going forward, the equity market will be volatile with downward bias till two more major state elections are completed in December 2018
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Spenta Corporation developing 12 mn sq ft area across Mumbai, Thane 24.5.2018 Projects Monitor

Established in 1989, the the privately held Spenta Group is one of Mumbai’s leading real estate developers. Currently the company is developing ~12 million sq ft across Mumbai and Thane, Spenta has dotted the city’s skyline with landmarks across Fojett street, Huges Road, Altamount Road, Walkeskwar, Breach Candy, Tardeo, Andheri, Powai, Chembur, Thane, Matunga and […]

The post Spenta Corporation developing 12 mn sq ft area across Mumbai, Thane appeared first on India's first NewsPortal on Projects.

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HC refuses to grant protection or stay probe against scribe 24.5.2018 General News
The Delhi High Court today refused to stay the investigation or grant protection to a journalist, who has sought quashing of a second FIR lodged against him by the CBI on charges of extorting Rs 15 crore from a Mumbai builder by portraying himself as an income tax "power broker". Justice Mukta Gupta said "I am not staying the investigation. Protection not possible. It is a quashing petition." Such a petition is a request to a court to render a previous decision of that court or a lower judicial body null or invalid. The court made the observation when the counsel for the scribe, Upendra Rai, sought the interim relief of granting him protection from arrest, as the court had listed his plea seeking quashing of the second FIR in July. The CBI also filed a status report in the matter in pursuance to court's direction yesterday. Rai, who is in judicial custody in the first FIR, has moved the court seeking quashing of the second FIR lodged on May 5 for the alleged extortion of Rs 15 crore ..
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Delhi HC to continue hearing Upendra Rai's plea against CBI today 24.5.2018 General News
The Delhi High Court on Thursday will continue to hear the plea of journalist Upendra Rai seeking quashing of the second First Information Report (FIR) lodged against him by the Central Bureau of Investigation (CBI).The Court on Thursday has sought a response from the CBI in the case.On May 23, the Court had directed the CBI to file a status report regarding the second FIR by today.Earlier on May 5, CBI filed a second FIR against Rai, former CEO and editor-in-chief of Tehelka and Sahara Media claiming he took money from a Mumbai-based real estate company to save them from an alleged impeding raid by income-tax officials.The CBI, on May 3, arrested Rai on the basis of first FIR filed in connection with his alleged involvement in dubious financial transactions.He is also accused of committing the offence in connivance with the officials of aviation company Air One Aviation Pvt Ltd and some public servants of Bureau of Civil Aviation Security (BCAS).The CBI's first FIR named Upendra Rai,
HC seeks CBI stand on scribe's plea to quash FIR against him 23.5.2018 General News
The Delhi High Court today sought the CBI's response on a journalist's plea for quashing an FIR lodged against him by the agency for allegedly extorting Rs 15 crore from a Mumbai-based builder by portraying himself as an income tax "power-broker". Justice Mukta Gupta asked the Central Bureau of Investigation (CBI) to file a report, indicating the status of its investigation in the matter, and listed it for hearing tomorrow. This is the second FIR against the scribe, Upendra Rai, against whom the agency had, on May 3, lodged a case for alleged dubious financial transactions and getting an Aerodrome Access Pass on the basis of false information. According to the CBI, one of the directors of the Mumbai-based White Lion Real Estate Developers Private Limited had filed a complaint with it against Rai.
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HC seeks CBI response on journalist Upendra Rai's plea 23.5.2018 General News
The Delhi High Court on Wednesday sought a response from the Central Bureau of Investigation (CBI) on a plea by senior journalist Upendra Rai seeking quashing of a second FIR filed by the agency against him.
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Student moves HC after college bars her with hijab 23.5.2018 General News
A homoeopathy student has moved the Bombay High Court after her college disallowed her to write exams due to poor attendance, which, she claimed, was because she was barred from attending classes as she wears the 'hijab' (headscarf). Fakeha Badami, a resident of suburban Bandra, in her petition filed earlier this week, claimed that her attendance was poor because the Sai Homoeopathic Medical College, located at the Bhiwandi township in the neighbouring Thane district, did not allow her to attend lectures as she wears the hijab. The petition claimed that the college prohibited all Muslim students from wearing the hijab on its premises. As per her petition, Badami had in 2016 enrolled in the Bachelor of Homoeopathic Medicine and Surgery course in the college, which is affiliated to the Maharashtra University of Health Services (MUHS). She had written letters to the MUHS and the Ministry of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) which asked the college to ..
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Delhi HC seeks CBI's response on Upendra Rai's plea 23.5.2018 General News
The Delhi High Court on Wednesday sought response from Central Bureau of Investigation (CBI) on a plea filed by journalist Upendra Rai seeking quashing of the second FIR against himThe Court also directed the CBI to file a status report regarding the second FIR by tomorrow.On May 5, CBI filed second FIR against Rai, former CEO and editor-in-chief of Tehelka and Sahara Media claiming he took money from a Mumbai-based real estate company to save them from an alleged impeding raid by income-tax officials.The CBI, on May 3, arrested Rai on the basis of first FIR filed in connection with his alleged involvement in dubious financial transactions.He is also accused of committing the offence in connivance with the officials of aviation company Air One Aviation Pvt Ltd and some public servants of Bureau of Civil Aviation Security (BCAS).The CBI's first FIR named Upendra Rai, Air One Aviation Pvt Ltd, its Chief Security Officer Prasun Roy, some unidentified public servants of BACS and others.
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How an indie puppy found a family 22.5.2018 Hindu: Cities
After a rough start in life, Peeku now lives in the lap of luxury
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DLF's Q4 consolidated net profit at Rs 244 crore 22.5.2018 Sify Finance
Real estate major DLF on Monday reported a consolidated net profit of Rs 244 crore for the fourth quarter (Q4) of 2017-18.
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HDIL directors face FIR in redevelopment scam 21.5.2018 DNA: Popular News
The police have booked the directors of real estate firm HDIL and Guru Ashish Construction Company on the charge of cheating 465 home seekers and tenants. The case has been transferred to the Economic Offence Wing of the Mumbai police. Accused Sarang Wadhawan, Rakesh Wadhawan and other directors of HDIL and Guruashish Construction have been accused of not constructing any building after acquiring the Patra Chawl in Goregaon for redevelopment. "I have not received anything from the police yet and have no information about it. I will check it," Sunny Wadhawan, one of the directors of HIDL, told DNA. According to the police, the accused started a housing project called 'The Meadows' in Goregaon (W) in June 2010. The police said they took the booking amount from homebuyers and promised to deliver the flats. However, they allegedly failed to give the possession of the flats. The tenants of the chawl were also allegedly denied rent for their accommodation. "We have registered a case with regard to the Meadows ...
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Godrej Properties among top 3 developers in Delhi-NCR, B'lore, Mum & Pune 20.5.2018 General News
Godrej Properties has emerged amongst the top three developers in Delhi-NCR, Mumbai, Bengaluru and Pune with sales bookings of over Rs 800 crore in each of the four markets, its executive chairman Pirojsha Godrej said. Godrej Properties Ltd (GPL) achieved a total sales bookings of Rs 5,083 crore during last fiscal. "We have just completed the best ever year in GPL's history in terms of the value and volume of real estate we have been able to sell," Godrej told investors as per the transcript posted on the company website. For the first time in the company's history, he said GPL delivered sales of more than Rs 1,000 crore in each of the four quarters of last fiscal. "Also, for the first time, we have emerged as amongst the top three developers by value of real estate sold in each of our four focus markets of Mumbai, NCR, Bengalure, and Pune," Godrej said. The company sold more than 1.25 million sq ft with a booking value of over Rs 800 crore in each of its four focus markets, he ...
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2 suicides reported in Sion Koliwada, Mumbai Central 19.5.2018 Hindu: Policy & Issues
Mumbai: Two suicides were reported in the city on Friday. Ketan Patil (31) from Sion Koliwada allegedly shot himself in the head near his residence a
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How Ajay Piramal is sharing his art collection with Mumbai's public 18.5.2018 Latest News
The new galleries are spread across the city, and are housed in both residential and corporate complexes promoted by the Piramal group
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Shapoorji Pallonji’s SP Infocity Chennai project wins iNFHRA 17.5.2018 Projects Monitor

April 2, 2018 Mumbai: Following the success of multiple accolades and award-winning projects, Shapoorji Pallonji (SP) Group has recently been awarded the iNFHRA FM Excellence Award for its SP Infocity project in Chennai. Now in their sixth year, the FM Excellence Awards are known to be the ‘best of the best’ within the facility management […]

The post Shapoorji Pallonji’s SP Infocity Chennai project wins iNFHRA appeared first on India's first NewsPortal on Projects.

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Maharashtra to build 1.5 million affordable homes: Minister 17.5.2018 General News
The Maharashtra government plans to build at least one million affordable homes in the Mumbai Metropolitan Region and another half a million across the state, Housing Minister Prakash Mehta said here on Thursday.
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BMC may look at lowering premium for extra FSIs 17.5.2018 General News
Following complaints from real estate developers regarding the proposed premium to be levied in exchange for the extra FSI, the BrihanMumbai Municipal Corporation (BMC) has shown its willingness to look at reducing the rates, a top official said. The premium on fungible floor space index (FSI) currently is 60 per cent, 80 per cent and 100 per cent of stamp duty as per the ready-reckoner rate for residential, industrial and commercial development, respectively. One-third part of the premium is payable to the state, and the remaining to the BMC. "Yes, the cost of getting a permit in Mumbai is expensive and there is no doubt that it is high as compared to any other part of the country. But now we are having a rethink and relooking at the issues," BMC commissioner Ajoy Mehta said at a CII event here today. FSI is the ratio of total built-up area to the size of the plot. He said while the Corporation will rethink about the issues raised by developers, "they (developers) ...
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Shapoorji Pallonji’s SP Infocity Chennai project wins iNFHRA award for Ecological Sustainability with IAQURE-an innovative indoor air quality solution from Sterling and Wilson 17.5.2018 Projects Monitor

April 2, 2018 Mumbai: Following the success of multiple accolades and award-winning projects, Shapoorji Pallonji (SP) Group has recently been awarded the iNFHRA FM Excellence Award for its SP Infocity project in Chennai. Now in their sixth year, the FM Excellence Awards are known to be the ‘best of the best’ within the facility management […]

The post Shapoorji Pallonji’s SP Infocity Chennai project wins iNFHRA award for Ecological Sustainability with IAQURE-an innovative indoor air quality solution from Sterling and Wilson appeared first on India's first NewsPortal on Projects.

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'Trump earned some income in form of royalty from real estate ventures in India in 2016' 17.5.2018 DNA: India
US President Donald Trump received some income in the form of royalty from his real estate ventures in India, according to his latest annual financial disclosure form for the year 2016. Trump has listed assets of at least USD 1.4 billion and income of more than USD 452 million, according to the form, a copy of which was released by the US Office of Government Ethics on Wednesday. Trump submitted his discloser on Tuesday. As per the financial discloser form, Trump had two incomes from his India real estate ventures. Both the income has been put in category of royalties. Trump had an income in the range of USD 1 million-USD 5 million from DT Marks Worli LLC under a license deal with Jawala Real Estate Private Ltd and Lodha Developers Private Ltd. Notably the location of the deal has been mentioned as New York. Similarly, Trump had an income in a range of USD 100,000- USD 1 million from the DT Tower Kolkatta LLC under a license deal with Concast Infrastructure Pvt Ltd, Tribeca Creators LLC, Regent ...
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