Category: Infrastructure

IPO

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.

May 20, 2022

Keystone Realtors, a Rustomjee group company, is expected to file a draft red herring prospectus (DRHP)  with the market regulator Sebi soon for an initial public offering (IPO) of over ₹1,000 crores. The company raised $170 million in a pre-IPO placement. HDFC Capital, IIFL Group, and Jagdish Master’s family office all participated in the deal, according […]

The Rustomjee Group is planning an initial public offering (IPO) of Rs 1,000 crore.more

JYOTHI TECH PARK Vamsiram IT Parks – Vamsiram Builders

March 31, 2022

  ABOUT US ⮚ Real Estate Developer with 25 years of trusted service ⮚ Successfully completed 80+ projects and 15 Mn. sq.ft. across Premium IT, Residential, Retail & Commercial classes ⮚ Developing 6.5 million sq ft of Grade-A IT Park known as Vamsiram IT Park (5 Towers) in the heart of Financial district at Nanakramguda. […]

JYOTHI TECH PARK Vamsiram IT Parks – Vamsiram Buildersmore
Waiver on Stamp duty

West Bengal to levy reduced stamp duty till end of March 2022

February 2, 2022

The West Bengal government has decided to levy stamp duty at reduced rates until the end of March, which will significantly boost the residential property market in Kolkata. The third extension follows an outbreak of Omicron across the country, which resulted in a state-by-state lockdown. The 2-percentage-point reduction in stamp duty and 10-percentage-point reduction in […]

West Bengal to levy reduced stamp duty till end of March 2022more

Story of Delhi narrated by a mural at Eldeco Junction, Kashmere Gate.

January 27, 2022

Artist Do’s artwork turning heads with a realistic yet whimsical depiction of Delhi December 29, New Delhi: Kashmere Gate Metro Station, a gateway between the charms of Old Delhi and the modern, contemporary New Delhi, gets a new identity with a mural at Eldeco Junction. As the commuters enter the premises of the metro station, […]

Story of Delhi narrated by a mural at Eldeco Junction, Kashmere Gate.more

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.

Strengthens Senior leadership with appointment of Anuj Nangpal as CEO. Mumbai – December 13, 2021: Smartworks, India’s leading Enterprise-focused Managed office space provider, today announced the launch of its new venture, Smartworks Technology Services. The new venture aims to launch a Building Operating Platform and Workspace Management SaaS product targeted at landlords and organizations globally, centered on […]

Smartworks announces investment of US$25 Mn in its new Venture – Smartworks Technology Services.more

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chembur

October 20, 2021

Spenta Corporation is also offering a special festive gift of iPhone 13 pro (128 gb) to buyers on each booking at Amber. October 19 2021, Mumbai: Spenta Corporation Pvt. Ltd. one of the leading real estate firms of Mumbai recently announced the launch of a brand new tower – “Amber”, as a part of its […]

Spenta Corporation announces the launch of new tower “Amber” at their project Ornata in Chemburmore

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Pune

October 19, 2021

More than 100 units booked within 2 weeks of launch Pune, 30th September 2021: Excellaa, a major player in the real estate sector in Pune has launched, ‘Excellaa Tremont’- a premium residential project that guarantees utmost luxury at a desirable price in the heart of Keshav Nagar- Mundhwa, Pune. The project witnessed an unprecedented response […]

Excellaa Tremont Gets Unprecedented Response in Keshav Nagar- Punemore
Airport Plan

AAI Begins Enforcing New Construction Height Limitations in Juhu and Dahisar.

September 14, 2021

Because of the presence of radars for civil and commercial planes, the Airports Authority of India (AAI) has begun enforcing new construction height limitations in Juhu and Dahisar. This has resulted in a reduction in allowable building height, which is impacting apartment redevelopment and new developments in certain locations. Building heights are now significantly lowered […]

AAI Begins Enforcing New Construction Height Limitations in Juhu and Dahisar.more
GST

‘Other charges’ obtained by the builder will be subject to 18% GST: AAR

September 8, 2021

A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]

‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore
home loan

India Post Payments Bank and LIC Housing partner to sell home loans

September 7, 2021

According to a statement issued on Tuesday, India Post Payments Bank (IPPB) has partnered with LIC Housing Financing to market the latter’s housing finance products to its 4.5 crore clients. According to the announcement, IPPB would make LIC Housing Finance Ltd’s (LICHFL) home loan products available to its clients across India through its robust and […]

India Post Payments Bank and LIC Housing partner to sell home loansmore