Category: Investments

Airport Plan

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.

July 14, 2021

On July 13, Adani Group Chairman Gautam Adani announced that the Adani Group has taken over management of Mumbai International Airport from the GVK Group. Following a MIAL board meeting earlier on July 13, the Adani Airport Holdings Limited (AAHL) took over managerial control of MIAL from the GVK Group. Gautam Adani stated: “We are […]

The Adani Group takes over the management of Mumbai International Airport from the GVK Group.more
Radhakishan Damani D-mart

D-Mart owner pays Rs 65 crore for freehold land conversion in Mumbai.

July 4, 2021

An only extremely rich individuals can afford this. R K Damani, the owner of the big retail chain D-Mart, has paid Rs 65 crore to convert 1.4 acres (7,634 sqm built-up area) of leased land to freehold. The state revenue department has levied a surcharge of 25% of the ready reckoner rate for the conversion. […]

D-Mart owner pays Rs 65 crore for freehold land conversion in Mumbai.more
Real estate investment

Land and building investments are not covered under the PLI scheme.

June 5, 2021

Investments in land and buildings necessary for a project will not be included under the production linked incentive (PLI) scheme for ACs and LED lights, and will not be included when establishing a company’s eligibility to benefit from the program. This is part of the rules provided on Friday by the Department for Promotion of […]

Land and building investments are not covered under the PLI scheme.more

SEBI orders attachment of PACL properties in Punjab to recover Investors Money.

May 28, 2021

The regulator had found that PACL Ltd, which had raised money from the public in the name of agriculture and real estate businesses, collected more than Rs 60,000 crore through illegal collective investment schemes (CISs) over 18 years. The properties being attached are land parcels situated at Banur in Punjab, the Securities and Exchange Board of […]

SEBI orders attachment of PACL properties in Punjab to recover Investors Money.more
Radhakishan Damani D-mart

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.

April 5, 2021

Radhakishan Damani, billionaire investor and founder of D-Mart, has purchased a bungalow in South Mumbai’s lavish Malabar Hill area for Rs 1,001 crore, the country’s largest residential sale. Damani purchased the property with his younger brother, Gopikishan Damani. Madhukunj, a 1.5-acre land parcel on leafy Narayan Dabholkar Marg, has ground plus a two-storey bungalow with […]

Radhakishan Damani, founder of D-Mart executes its third-biggest deal of Rs. 1,001 crore.more
Buy property cheaply at auction

Buy property cheaply at auction, so keep these things in mind

October 21, 2020

Auction prices are usually around 20 to 30 percent less than market prices. However, there are also risks of purchasing such property. So if you are thinking of buying property at auction cheaply, then keep the following points in mind. Find out the market value of the property before you buy it. For this, hire […]

Buy property cheaply at auction, so keep these things in mindmore

Price of land in Ayodhya doubled in a month

September 25, 2020

The property prices here have almost doubled in a month since the Bhoomi Pujan of Ram temple in August. The reason for the sudden increase in demand for land is the announcement of several big infrastructure projects by Chief Minister Yogi Adityanath. He promised to make it a ‘Vatican of India’ with 3-star hotels, international […]

Price of land in Ayodhya doubled in a monthmore
MUFG Bank

Adani Realty leases 30,000 sqft of space to Japanese largest bank MUFG.

September 7, 2020

The largest bank of Japan MUFG pick up 30,000 sqft of space on rent for 10 years for approximately Rs 90 crore at the commercial building in Adani Realty at BKC, sources said. After many years in Nariman Point, the bank that started operations in Mumbai in 1953 relocates its Indian headquarters to BKC. Established […]

Adani Realty leases 30,000 sqft of space to Japanese largest bank MUFG.more
Scam Image

GMDA initiates Geographical Information System to prevent land scams.

September 1, 2020

In order to accurately map land areas across the district, the Gurugram Metropolitan Development Authority (GMDA) has launched a survey using Geographic Information System (GIS) technology. The method of land demarcation will be modernised. The decision was made after officers of GMDA were informed of illegal land invasions, which they were not aware of. Marking […]

GMDA initiates Geographical Information System to prevent land scams.more
Property for rent

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).

August 31, 2020

Soon, students in Gujarat and those coming from other states will be likely to take advantage of rental homes at a much cheaper price than the market price. The Gujarat Government is expected to announce its latest Affordable Rental Housing Complex (ARHC) scheme within a week or two. Under the ARHC program, the organization is […]

Government is expected to announce its latest Affordable Rental Housing Complex (ARHC).more