Al Basel Real Estate Brokers earns AED 175 million in sales for Deyaar

By Accommodation Times News Service DUBAI Al Basel Real Estate Brokers, a leading real estate brokerage firm and part of the Al Basel Group of Companies, achieved a AED 175-million sales mark for property developer Deyaar’s The Atria, Mont Rose, and Central Park projects in Dubai. Boasting robust partnerships with renowned property firms

Car Parking Charges & Sinking Fund

By Accommodation Times News Service By FCA, Rajkumar Adukia Introduction Sinking Fund and Car Parking Charges are two major components amongst the list of charges levied by a Cooperative Society. The contribution collected from the members of a society is known as ‘charges’ and may include – property taxes, Water Charges, Common Electricity Charges, charges for

Trusts have not right to sell properties communities: High Court

By Accommodation Times Bureau MUMBAI The Bombay High Court ruled out the judgment that trusts cannot make their own rule and sell valuable property to members of any specific communities. Justice R D Dahanuka dismissed a petition filed by the Shree Gujarati Mochi Gnyati Navnat Trust to sell the prime property in

PWD to monitor road projects through computerised system

By Accommodation Times Bureau The state Public Works Department (PWD) would ensure timely survey and monitoring of various roads and bridges funded under Himachal Pradesh Road Project by the World Bank through a computerized system. Additional Chief Secretary, PWD Manisha Nanda disclosed this here while presiding over a review meeting of senior

IRSDC to redevelop Railway Station through long lease tenure

By Accommodation Times Bureau NEW DELHI The Union Cabinet has approved the redevelopment of Railway Stations by Indian Railway Stations Development Corporation Limited (IRSDC) as Nodal Agency and main Project Development Agency, through simplified procedures adapting various business model and for longer lease tenure of up to 99 years. Thus, paving the

Falconcity inks agreement with Oakwood Worldwide for operating 1,790 hotels & serviced apartments

By Accommodation Times Bureau DUBAI Falconcity Hotels and Resorts, the hospitality arm of Falconcity of Wonders LLC (FCW), announced the signing of an agreement with the leading global accommodation solutions provider Oakwood Worldwide to operate the hotel and serviced apartments in the SAM Polaris and SAM Vega Pyramids. The signing was announced