March 2024

ED probe begins into Orris Group’s fund diversion

ED probe begins into Orris Group’s fund diversion

The Yamuna Expressway Industrial Development Authority (Yeida) on Friday said the enforcement directorate (ED) has sought the details of Greenbay project that was being developed by Orris Group in Sector 22D. Yeida, on February 12, 2018, during an audit found out that eight real estate developers, including Oriss Group, diverted ₹860 crore collected from homebuyers, a contention that was...

Bank of America leases two commercial units in Malad for 10 years for ₹91.5 lakh per month

Bank of America leases two commercial units in Malad for 10 years for ₹91.5 lakh per month

Bank of America, through its non-banking subsidiary, has leased two commercial units in Malad for 10 years at a starting monthly rent of ₹91.5 lakh, documents accessed by FloorTap.com showedThe two office units are located in Prism Tower, Malad. Bank of America through its non-banking subsidiary has leased two commercial units in Malad for 10 years at a starting monthly rent of ₹91.5 lakh....

Rekha Jhunjhunwala buys Mumbai apartment for ₹11.76 crore

Rekha Jhunjhunwala buys Mumbai apartment for ₹11.76 crore

Rekha Jhunjhunwala, who is the wife of late billionaire Rakesh Jhunjhunwala, has purchased an apartment in Mumbai for ₹11.76 crore, documents accessed by IndexTap showed. Rekha Jhunjhunwala, who is the wife of late billionaire Rakesh Jhunjhunwala, has purchased an apartment in Mumbai for ₹11.76 crore. (Picture for representational purpose only) (Pratik Chorge/HT Photo) The apartment is...

Yeida approves detailed project report of Heritage City

Yeida approves detailed project report of Heritage City

The Yamuna Expressway Industrial Development Authority (Yeida) on Thursday said it has approved the detailed project report (DPR) of the Heritage City project to be developed on 2,965.2 acres of land along the Yamuna Expressway. The Heritage City project is set to be developed on 2,965.2 acre land along the Yamuna Expressway and the project has an estimated budget of ₹6,000 crore. (Sunil...

Prestige Group expands footprint in Delhi-NCR; acquires 62.5 acres in Ghaziabad for a township project

Prestige Group expands footprint in Delhi-NCR; acquires 62.5 acres in Ghaziabad for a township project

Real estate firm Prestige Estates Projects Ltd has expanded its footprint in Delhi-NCR by acquiring 62.5 acres at Indirapuram Extension in Ghaziabad and is planning to develop a township that has a revenue potential of ₹10,000 crore, the company said in a regulatory filing. Real estate firm Prestige Estates Projects Ltd has expanded its footprint in Delhi-NCR by acquiring 62.5 acres at...

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