Category Archives: Land deal

HOCL land sale to benefit Kochi unit

The decision by the loss-making Mumbai unit of Hindustan Organic Chemicals Limited (HOCL), HOCL-Rasayani, to sell its 442 acres of land to BPCL has come as a boon to the HOCL-Kochi unit as the latter will be getting a pie from the sales proceedings. The deal assumes significance in the wake of the Union Budget… Read More »

Cidco rakes in Rs 190 crore through sale of 8 plots

Eight Cidco plots located in Kharghar, New Panvel and Kalamboli on Thursday raked in almost Rs 190 crore through sale by tender to highest bidders. The plots are situated within the vicinity of the proposed airport at Navi Mumbai. Two Kharghar plots fetched Rs1.37 lakh per sq mt and Rs 1.22 lakh per sq mt… Read More »

Two builders bid for group housing plot

The Noida Authority on Monday received two applications for one of the four group housing plots located in sectors 146 and 147 of the city. The technical bids for the plots were received on Monday, December 19. While the Authority will now evaluate the bids for technical qualifications, the financial bids will be finalised later… Read More »

Infy pays Rs 50 crore more for Rajarhat land

IT major Infosys has paid another Rs 50 crore for the Rajarhat land, sending out signals that the company is keen to have its footprint in Bengal. State urban development minister Firhad Hakim broke the news in the Assembly on Saturday while participating in a debate on the West Bengal Municipal Corporation(Amendment) Bill, 2016. The… Read More »

E-auction fetches Rs 3.24 crore for Digha plot

In a major e-auction bid that will give boost to develop the tourism sector in Digha, a 32-cottah plot was sold off for Rs 3.24 crore for setting up a hotel. The standing committee of the state cabinet has approved the allotment of 10 plots of different sizes, ranging from 4 cottahs to 32 kottahs,… Read More »

Six Cidco plots sold for Rs 177 crore

Six land tender plots for residential-cum-commercial purposehave fetched Cidco a total of Rs 177 crore. The plots were sold to the highest bidders on Friday. While five plots put up for bidding were in Sanpada, sector 8; the sixth plot was in Nerul sector 38. “It is not surprising that these land plots have again… Read More »