Construction

DLF sells Chennai land for ₹735 crore to Chola

DLF sells Chennai land for ₹735 crore to Chola

Cholamandalam Investment and Finance Company Ltd has bought 4.67 acre land in Chennai from real estate major DLF Ltd for ₹735 crore, the company said in a regulatory filing. Cholamandalam Investment and Finance Company Ltd has bought 4.67 acre land in Chennai from real estate major DLF Ltd for ₹735 crore (Picture for representational purposes only) (PTI) The "company has purchased an...

Yeida approves ₹9,992 cr budget for fiscal 2024-25; land allotment rates hiked

Yeida approves ₹9,992 cr budget for fiscal 2024-25; land allotment rates hiked

The Yamuna Expressway Industrial Development Authority (Yeida) on Tuesday said that it has approved a budget of ₹9,992 crore for financial year 2024-25, which is almost double the budget amount for the previous fiscal 2023-24 that had a budget of ₹5,630 crore. The Yeida has also decided to increase the land allotment rate by 5.14% in all categories of land such as residential, commercial,...

Planning to buy a property via a bank auction? Here are 7 things you must know

Planning to buy a property via a bank auction? Here are 7 things you must know

Several banks auction real estate properties in a final attempt to recover their dues after borrowers fail to repay their loans and the banks are forced to initiate recovery proceedings against them. Recently, an international bank had issued a public notice that said it plans to auction a bungalow in Mumbai located next to Amitabh Bachchan’s property named Jalsa. The reserve price for the prime...

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