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Kansai Nerolac Paints sells land to Aethon Developers in Mumbai for Rs 726 crore, ET RealEstate

[ad_1] Representative Image NEW DELHI: Kansai Nerolac Paints has entered into definitive agreements for conveyance of lease with Aethon Developers, a subsidiary of Runwal Developers, for an aggregate consideration of Rs 726 crore. In December 2023, the company had approved a proposal for entering into an agreement for sale with Aethon Developers for the sale […]

Kansai Nerolac Paints sells land to Aethon Developers in Mumbai for Rs 726 crore, ET RealEstate Read More »

TARC raises Rs 1,000 crore to refinance debt, Real Estate News, ET RealEstate

[ad_1] NEW DELHI: Real estate developer TARC Limited has raised Rs 1,000 crore from a consortium of domestic banks and financial institutions led by Kotak Mahindra Bank. The majority of the funds, raised at 12.75% interest, will be used for refinancing of its existing debt along with Rs 250 crore additional working capital facility to

TARC raises Rs 1,000 crore to refinance debt, Real Estate News, ET RealEstate Read More »

Godrej Properties wins bid for 7.5 acre group housing plot in Gurugram, ET RealEstate

[ad_1] Representative Image NEW DELHI: Godrej Properties (GPL) has emerged as the highest bidder and has secured the letter of intent to develop a group housing plot at Golf Course Road, Gurugram through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot measuring 7.5 acres will offer a development potential of over

Godrej Properties wins bid for 7.5 acre group housing plot in Gurugram, ET RealEstate Read More »

Embassy REIT posts net profit of Rs 1,530.35 crore in Q2 FY25, ET RealEstate

[ad_1] NEW DELHI: Embassy Office Parks REIT (Embassy REIT) has reported net consolidated profit after tax of Rs 1,530.35 crore during the quarter ended September 30, 2024. It had registered profit after tax of Rs 216.67 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The

Embassy REIT posts net profit of Rs 1,530.35 crore in Q2 FY25, ET RealEstate Read More »

Kalyani Developers to invest Rs 4,500 crore over next two years in Bengaluru and Hyderabad, ET RealEstate

[ad_1] NEW DELHI: Kalyani Developers, also known as Kalyani Tech Park, has forayed into the residential sector with three projects planned in North Bengaluru, Whitefield and Kanakapura Main Road. The company is also planning a mixed-use development in Hyderabad. “The construction of all projects will be handled by our in-house team. In the coming years,

Kalyani Developers to invest Rs 4,500 crore over next two years in Bengaluru and Hyderabad, ET RealEstate Read More »

Coimbatore Councillors Reject 6% Property Tax Increase Amid Public Outcry, ET RealEstate

[ad_1] File photo COIMBATORE: Corporation councillors opposed the move to hike the property tax by 6% from October 1 at the monthly council meeting on Wednesday. They also opposed the bid to award the contract for the maintenance of three crematoriums in the city to Isha Foundation. The meeting that was held at Victoria Hall

Coimbatore Councillors Reject 6% Property Tax Increase Amid Public Outcry, ET RealEstate Read More »

Urban Development Sees 33% Revenue Surge Amidst Greater Urbanization in UP, ET RealEstate

[ad_1] Representative image LUCKNOW: The urban development department recorded 33% increased revenue during the first half of this financial year compared to the previous one. Between Apr 1 and Sept 30 of 2023-24, UP’s civic bodies collected Rs 1,054 crore as revenue. In the present year, the collection in the same period increased to Rs

Urban Development Sees 33% Revenue Surge Amidst Greater Urbanization in UP, ET RealEstate Read More »

Greater Noida Launches E-Auction for Prime Institutional and Commercial Plots, ET RealEstate

[ad_1] File photo LUCKNOW: Aimed at integrated development of Greater Noida, the Uttar Pradesh govt on Wednesday introduced a new e-auction scheme for institutional plots in various sectors, according to an official spokesperson. The scheme, launched by the Greater Noida Industrial Development Authority (GNIDA) in key areas such as KP-05, MU, Sector 10, ETA-02, KP-01,

Greater Noida Launches E-Auction for Prime Institutional and Commercial Plots, ET RealEstate Read More »