economyabbielindrum5

economy
Tata Retail arm acquires five floors of office space at Lodha Wadala project

MUMBAI: In the first large commercial real estate transaction of this year, Tata Group’s retail arm Trent Ltd has acquired 5 floors of office space at Lodha Developers’ recently completed office building Lodha Excelus at New Cuffe Parade in Central Mumbai.Of the 5 floors, Trent has bought 4 floors on an outright basis, while one…

Read more
economy
Lavasa homebuyers write to Maharashtra CM about their concerns

PUNE: Over 1,000 people buying homes from Lavasa Corporation Limited have expressed their concern over the possible takeover of the project against the backdrop of the corporate insolvency resolution process against it.In a letter to the Resolution Professional (RP) and chief minister Devendra Fadnavis last week, they requested to consider the house owners’ interest as…

Read more
economy
Gautam Buddh Nagar admin recovers over Rs 1 crore pending dues from Supertech & Mahagun

Do not touch your provident fund account. Both you and your employer started contributing to it as soon as you start earning. Power of compounding will show its magic and help you to create a big corpus.NOIDA: The Gautam Buddh Nagar administration recovered pending dues worth Rs 1 crore from two builder companies Monday after…

Read more
economy
Gurugram civic body to take over Suncity township by January 31

GURUGRAM: Bowing to persistent demand, MCG has decided to take over the maintenance of Suncity township by January 31, despite pending work on roads, water supply, streetlights, etc. The developer, Essel Group, had submitted before MCG last week that they had made up all infrastructure deficiencies in Suncity as per DPR, and the township was…

Read more
economy
Sushant Lok builder has to pay damages for green violations: NGT

GURUGRAM: The National Green Tribunal (NGT) has directed the Central Pollution Control Board (CPCB) to recover damages for environmental violations, and if required, issue directions for “closure” of Sushant Lok 1, one of Gurugram’s largest and oldest privately developed residential colonies spread across sectors 27, 28, 43 and 52.The ruling is a landmark one in…

Read more