RAJAT RASTOGI
Puravankara acquires 12.75-acre land parcel on Thane’s Ghodbunder Road
Realty developer Puravankara's subsidiary, Purva Oak, acquired 12.75 acres in Thane's Patlipada for a premium residential project with an estimated potential of 18.20 lakh sq ft. The project, adding to Mumbai Metropolitan Region portfolio, has a potential gross development value of Rs 4,000 crores. Puravankara aims for strategic expansion and increased revenue contribution in the western region.
Puravankara set to redevelop 2.5-acre housing society in Mumbai’s Pali Hill
The project holds a cumulative estimated development potential of 4.10 lakh sq ft carpet area with over over 2.15 lakh sq ft available for sale with a potential Gross Development Value (GDV) of over Rs 2,000 crore.
Puravankara acquires rights for 3-acre redevelopment project in Mumbai’s Andheri
The acquisition of these development rights marks Puravankara’s foray into the redevelopment business in the western region. The combined land parcel has a cumulative estimated development potential of 5.8 lakh sq ft carpet area, with around 3.65 lakh sq ft available for sale.
Fodder scam: SC refuses to issue notice on CBI's plea challenging bail to Lalu Yadav, tags it with pending petition
The top court on Monday tagged the plea of the CBI along with the other plea of the agency in which it had challenged the 2019 order of the high court granting bail to Yadav. On July 12, 2019, the high court had granted bail to Yadav in a fodder scam case relating to the fraudulent withdrawal of Rs 89.27 lakh from Deoghar Treasury on the ground that he has served half of his prison term of three-and-a-half years.
Realty developers offer to reduce homebuyers’ loan burden
Record low interest rates in the last two years have helped housing sales reach pre-pandemic levels and in some key markets, touch historic levels. However, the reversal in the interest rate cycle is emerging as a key cause of concern for housing sales.
GST only on horse race commissions: Karnataka HC
Horse Racing clubs can pay goods and services tax on commissions instead of the full betting amount, the Karnataka High Court ruled on Friday, giving relief to these organisations that have long argued against the levy on the full amount.
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Runwal Group ties up with Fortis Hospitals, Apollo for healthcare services for homebuyers
The tie-up with Fortis Hospitals, one of the largest multi-speciality hospital chains in India will provide Runwal Group customers with special benefits. Fortis Hospital at Mulund is located adjacent to Runwal Pinnacle, a high-rise development by the developer.
Importers challenge notices seeking duty on EOU imports
The tax notices have been issued under Rule 96 (10) of the Central Goods and Service Tax (CGST) Act introduced in 2017. The rule initially allowed for refund of integrated tax if the supplies of goods or services meant for exports have been cleared on payment of the tax.
Consumer-centric companies invest in own websites as traction increases since pandemic
Companies like Marico, Haldiram, Whirlpool among others launched web stores during the lockdown period and continue to invest in them as they witness significant growth.
How regulations are playing spoilsport for Indian startups
A slew of regulations threaten to disrupt ops. Will startups be grounded even before they can soar?
Not so nice NRIs: The reputation of Indian diaspora at stake
Indian diaspora is considered to be among most peaceable & successful. But there are those not so nice NRIs. ET profiles the most interesting ones.
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