Mehul Choksi heart illness, inability to return to India.

Scam Image

By Abhay Harish Shah , Realty Quarter Outlaw Businessman Mehul Choksi, one of the primary denounced Punjab National Bank (PNB) trick worth Rs.13,000 crore, has moved a request before the Prevention of Money Laundering Act (PMLA) court. Choksi looked for the retraction of the non-bailable warrant which had been issued against him on 22nd May 2018. His application came three […]

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Embassy office REIT received success in its IPO.

Initial Public Offering

By Abhay Harish Shah , Realty Quarter Real Estate Investment Trust (REIT), helps an investor to invest in real estate which is been already approved by the Security and Exchange Board of India (SEBI). Most REIT companies, trade on stock exchanges and they provide many benefits to their investor. REIT received a positive response in its IPO meanwhile REIT is […]

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Directors of Zenal Construction got arrested for not delivering the flat.

By Abhay Harish Shah , Realty Quarter Investors plan to secure their future by purchasing a property but, Builders/Developers make the false promise and take out the money from the client. A similar case happened with an event management firm located near Marine Driver. Two directors of a construction firm got arrested because of duping the proprietor money of Rs.4 […]

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Parsvnath Developers terminated project of Rs.1,034cr.

By Abhay Harish Shah , Realty Quarter A formal case of 2016 of Parsvnath Developers has been upheld by Delhi High Court. In 2010, Parsvnath purchased the land through an auction near Sarai Rohilla-Kishanganj and an agreement between RLDA and PRLPPL was passed in 2013. It is said that the company has paid Rs. 1,150 crore in the auction. While […]

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Twenty-nine years after plot sale, two sent to jail in I-T case

Mumbai Twenty-nine years after two joint land owners transferred their four-acre plot in Bandra to a builder for Rs 10 lakh, a local court sentenced them to six months’ rigorous imprisonment for flouting income tax rules. Additional Chief Metropolitan Magistrate M I Lokwani sentenced two members of the Gurav family. The Income Tax (I-T) Department had initiated criminal proceedings against […]

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Smart Cities to be accessible for Divyang citizens: Hardeep Singh

By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State for Housing and Urban Affairs (I/C), has stressed on the need for integrating divyang-friendly measures in various projects being implemented in the Smart Cities in India. This, he said, is required at the initial project planning stage to ensure that cities become divyang-friendly, accessible and inclusive. He was speaking at an […]

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Bengal govt. spends Rs 1,372crore for green city projects

By Realty Quarter Bureau The West Bengal government has revealed that it has spent Rs 1,372 crores towards the green city project, based on the plans submitted by various municipalities to the Urban Development Department The Urban Development Department of West Bengal government has spent Rs 1,372crores towards the green city project, undertaken by various urban local bodies of the […]

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Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –U

By Realty Quarter Bureau The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY (U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. The Centre approved construction of nearly 2.67 lakh more affordable houses for the poor in 10 states under the Pradhan Mantri Awas Yojna(Urban), […]

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AAI close deal with Gujarat for Dholera airport project by next month

By Realty Quarter Bureau The Airports Authority of India (AAI) was likely to finalise a deal with the Gujarat government by next month for the proposed Rs 2,000crore Dholera airport, a senior state official said. “We have already sent the proposal to them (AAI) and they have accorded in-principle approval for it. We hope that by mid-August we will be able to finalise […]

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GVK in final terms of final closure for Navi Mumbai Airport

By Realty Quarter Bureau Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us to focus on the next steps, which is the construction and completion of the first phase, of yet another landmark airport in […]

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