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real estate Gurgaon real estate

RLDA invites bids for commercial development at Abu Road, Rajasthan

The Rail Land Development Authority (RLDA) has invited bids for leasing a land parcel for commercial development at Abu Road in the Sirohi district of Rajasthan. The parcel spans 1649. 40 sqm and falls under the North Western Railway Zone. It has a built-up area ratio of 2.0 (BUA – 3298.80 sq.m) and a reserve price of Rs 5.18 crore. The land will be leased out for 45 years. “Abu Road is the...

Andhra Pradesh CM promises constructed houses to flood victims

Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on December 2 visited YSR Kadapa district which was affected by recent heavy rains and floods and interacted with affected people. He met the farmers and flood affected people at Pulapatturu village. He walked around the village and consoled the victims. Later, the Chief Minister attended the programme for sanctioning houses to be built in five...

Chandigarh: File objections to C&D waste draft policy in a day or two

Chandigarh The proposed Construction and Demolition (C&D) waste policy will finally open for objections in a day or two, giving residents 21 to 30 days to share their views, and will then be notified. The move has come after UT adviser Dharam Pal held a detailed meeting on the draft policy with Municipal Corporation (MC) officials. The adviser asked about its different aspects. Nitin Yadav,...

Input cost pressure to push cement prices to all-time high: Crisil

Retail prices of cement, after rising by an average Rs 10-15 per bag pan-India since August, are likely to go up another Rs 15-20 over the next few months and touch all-time highs of Rs~400 per bag (approx) this fiscal because of high prices of inputs such as coal and diesel, according to Crisil Ratings.But the earnings before interest, tax, depreciation, and amortisation (Ebitda) of cement makers will...

Ludhiana administration demolishes residential colony in Ladian Kalan area

Ludhiana Additional Deputy Commissioner (urban development) Sandeep Kumar on December 2 warned of strict action against any person indulging in developing illegal residential colony in Ludhiana district.  He has urged the colonisers to adopt a legal way and get licenses from Greater Ludhiana Area Development Authority (GLADA) if they want to carry out their businesses in a hassle free manner. The ADC...

Floods set to influence real estate preferences in Trichy city, suburbs

Trichy The massive waterlogging and flood in several residential areas of the city and suburbs after 16 years are set to influence buyers’ demands in land and real estate projects. While land promoters feel that the need for stormwater drains in residential layouts would increase, builders say there are chances of apartment projects blooming even in the suburbs.  In the recent floods in Karumandapam,...

Shriram Properties sets IPO price band at Rs 113-118 per share

Shriram Properties has fixed a price band of Rs 113-118 a share for its Rs 600-crore initial share-sale, which will open for public subscription on December 8. The three-day Initial Public Offering (IPO) will conclude on December 10, the bidding for anchor investors will open on December 7, according to the company. The firm has reduced its offer for sale size to Rs 350 crore from Rs 550 crore earlier....

IIFL Home Finance’s Rs 1000 crore bond issue opens on Dec 8

IIFL Home Finance has received market regulator's approval for raising Rs 1,000 crore by selling bonds paying 8.25-8.75 percent coupon, a company official said. The public issue of secured redeemable Non-Convertible Debentures (NCD) will open for subscription on December 8. The NCDs will have three tenures -- 36 months, 60 months and 84 months. The NCDs have a base issue size of Rs 100 crore and an...

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