Tug of War in Wadia-Raheja over 600acre Property in Malad

Mumbai: The dispute over the 600 acre property in Malad between Nusli Wadia industrialist and realtor Gopal Raheja will continue in the Bombay High Court. Seeking Wadia’s removal as caretaker of the Malad (W) property Raheja Group of company has filed a plea in the HC. However, Ferani Hotels (FHL)

Punjab CM seeks inclusion of 13 road projects in Bharatmala

By Accommodation Times Bureau Punjab Chief Minister Captain Amarinder Singh has sought the inclusion of 13 road projects across the state in the Bharatmala Pariyojna, besides the declaration of seven new road projects as National Highways. The Chief Minister has written to Union Minister of Road Transport, Highways & Shipping Nitin Gadkari,

Suraksha-Dosti to acquire Jaypee Infratech Ltd for over Rs 7,300 Cr

By Accommodation Times Bureau NEW DELHI Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty are set to acquire a Noida based firm Jaypee Infratech with a bid of 7,350 crores. An insolvency-hit company, Jaypee Infratech that has to deliver around 25,000 houses in Noida. “The Joint Venture has surpassed other leading competitor by a

Haryana Govt notifies land acquisition rules

By Accommodation Times Bureau CHANDIGARH Under Section 30 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Act, 2013, Haryana revenue and disaster management department has notified the rules regarding calculation of the value of a land under acquisition. When any land to be acquired for a project is

NIIF makes its First Investment

By Accommodation Times Bureau NEW DELHI National Investment and Infrastructure Fund (NIIF) has partnered with DP World to create an investment platform for ports, terminals, transportation and logistics businesses in India. NIIF has made its First investment today, the finance ministry said. The platform will invest in opportunities in the ports sector, and

Cube Highways to Sell Minority Stake to Mitsubishi-led Japanese Consortium

By Accommodation Times Bureau Cube Highways has signed definitive agreements for the sale of a minority stake to Japan Highways International (JHI), a Japanese consortium of infrastructure investors led by Mitsubishi Corporation. JHI’s investment reaffirms Cube Highways’ position as a leading owner and operator of highways in India and follows the

JLL India facilitates marquee 163-acre land transaction for CEAT in Chennai

By Accommodation Times Bureau CEAT to set up radial tyre manufacturing facility with INR 5000 cr phased investment Chennai, October 9, 2017: JLL India, the country’s largest real estate consultancy has strategically advised and concluded a marquee transaction for CEAT – the flagship company of RPG Enterprise. The deal involved the purchase of a massive 163-acre land parcel

Ministry of Rural Development honors individuals for ‘effective initiatives’

By Accommodation Times Bureau The Ministry of Rural Development organized an Award function on 19th June, 2017.  The Programme showcased achievements under different programmes implemented by the Ministry of Rural Development.  States, Institutions and Government Functionaries, who have done commendable work under different schemes were awarded in the function.  Short films on