Tag: #Delhi

Investment

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.

May 20, 2024

Max Estates to use proceeds for expanding in the high growth residential market for fuelling residential growth 01st May 2024, New Delhi: Max Estates Limited, the real estate arm of the Max Group, today announced a strategic investment of INR 388 Crore from New York Life Insurance Company, America’s largest mutual life insurer[1]. Upon the transaction’s close, New […]

Max Estates announces strategic investment of INR 388 Crore from New York Life Insurance Company.more
Income Tax Department

The income tax division searches five builders and discovers “Rs 400 crore tax evasion.”

September 21, 2023

GURUGRAM: Five real estate developers, some of whom run hotel chains and schools in the city, are accused of evading taxes by $400 million, according to 200 I.T. officers who have been conducting raids at 28 locations over the past five days. The raids started at 5 a.m. on September 14 and are still going […]

The income tax division searches five builders and discovers “Rs 400 crore tax evasion.”more
Property Transfer

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.

October 15, 2022

IBCCL, a wholly owned subsidiary of Indiabulls Housing Finance Ltd. (IBHFL), has paid Rs 60 crore to Sheela Gehlot, wife of Ambience group promoter Raj Singh Gehlot, for four floors in Anand Lok in south Delhi. The house is situated on a 780-square-yard lot, with the first four floors being registered separately. According to documents […]

Indiabulls Commercial Credit Buys a Property in South Delhi for Rs 60 Crore.more

The government is working to construct electric highways: Nitin Gadkari

September 12, 2022

NEW DELHI: Union road transport and highways minister Nitin Gadkari said on Monday that the government is working on developing solar-powered electric highways that will allow heavy-duty trucks and buses to be charged. At an event hosted by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated the government’s desire to develop India’s public transportation system […]

The government is working to construct electric highways: Nitin Gadkarimore

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
Buy property cheaply at auction

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.

August 31, 2021

Sebi, the capital markets regulator, has scheduled 97 Royal Twinkle Star Club and Citrus Check Inns properties for auction on September 25 at a reserve price of more than Rs 350 crore. The move is part of the Sebi’s endeavour to recover cash worth thousands of crores of rupees obtained by firms under the guise […]

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.more
Property Registration

The Delhi Revenue Department has issued instructions for property documentation for sub-registrars.

August 4, 2021

The Delhi government’s Revenue Department has published rules for sub-registrars on property documentation in order to provide effective and efficient registration services to the public. According to Divisional Commissioner Sanjiv Khirwar’s recommendations released last week, all sub-registrars must ensure strict compliance with the requirements of the Registration Act, 1908, and the Indian Stamp Act, 1899, […]

The Delhi Revenue Department has issued instructions for property documentation for sub-registrars.more
Work in progress at Omaxe Chowk

Come 2022, pedestrian-only Chandni Chowk to have its multi-level parking

July 31, 2021

New Delhi, July 16, 2021: As the Government notified the proposal to make the 1.3 Km Road from Red Fort to Fatehpuri Masjid in Chandni Chowk between 9AM and 9PM as a pedestrian-only zone, Omaxe Ltd., which is constructing a multi-level parking cum commercial project in PPP with North Delhi Municipal Corporation, is gearing up to […]

Come 2022, pedestrian-only Chandni Chowk to have its multi-level parkingmore