Realty firm Unitech Ltd has sold over 30 acres of land parcels in Gurgaon and Chennai for Rs 97 crore as part of its plan to divest non-core assets. The company has sold 30.60 acres of land for Rs 96.86 crore during October-December quarter of this fiscal, according to a presentation. Unitech has sold 19.05… Read More »
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 »
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 »
Infosys has acquired about 3 acres of land in Electronics City for Rs 32.5 crore from Pradot Technologies, according to people familiar with the matter. India’s second largest IT services provider has paid about Rs 2,500 per sqft for the land parcel, the sources said. Ramadas Kamath, head of infrastructure and sustainability at Infosys, confirmed… Read More »
Realty developer K Raheja Corp and Singapore’s sovereign wealth fund GIC have entered into an agreement to jointly acquire three-acre land parcel in Mumbai’s Worli locality for Rs 610 crore from Siemens. The company has signed a Memorandum of Understanding (MoU) with K Raheja Corp Group and GIC to transfer its leasehold interest in the… Read More »
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 »
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 »
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 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 »