property acquisition

Thane, April 2 A former CIDCO official and his wife have been booked in a case of disproportionate assets in Navi Mumbai, the Maharashtra Anti-Corruption Bureau (ACB) said on Thursday.ACB (Navi Mumbai) Deputy Superintendent of Police Dharmaraj Sonke identified the accused as Sagar Madanlalji...

New Delhi, March 31 Mindspace Business Parks REIT, a real estate firm, has acquired a 26 lakh sq ft commercial property in Chennai for ₹2,541 crore as part of its strategy to expand its business amid high demand for office spaces.In a regulatory filing on Tuesday, the company said it has...

Hyderabad, March 31 – Municipal authorities in Hyderabad seized the residence of the late Tamil Nadu Chief Minister, J. Jayalalithaa, on Tuesday due to unpaid property taxes.Officials of the Greater Hyderabad Municipal Corporation (GHMC) sealed the G+4 building belonging to the late leader in...

New Delhi, March 30 Property Share Investment Trust, the country's first registered Small and Medium Real Estate Investment Trust (SM REIT), announced on Monday that the IPO of PropShare Celestia, worth Rs 244.65 crore, will open on April 10.The issue, with a price band of Rs 10-10.50 lakh per...

Gurugram, March 28 The Delhi High Court has declined to grant interim relief to Experion Developers Private Limited and its co-petitioner, based in Gurugram, who sought to quash an FIR registered against them by the Economic Offences Wing of the Delhi Police, on charges of fraud. An official...

The Enforcement Directorate has provisionally seized properties worth approximately ₹1,700 crore in the Mahadev online betting case. In a press release issued on March 25, the Raipur Zonal Office of the ED stated that the action was taken under the Prevention of Money Laundering Act.The agency...

Mumbai, March 23 – The Directorate of Enforcement (ED) has provisionally attached 35 movable and immovable assets worth ₹34.51 crore in a money laundering case in Mumbai, an official statement said on Monday.The attached assets include flats, shops, and fixed deposits allegedly linked to...

Chandigarh, March 22 – In a major breakthrough, the Punjab Police's Anti-Narcotics Task Force (ANTF), in a joint operation with the Border Security Force (BSF), has busted a Pakistan-backed smuggling module by arresting three masterminds and recovering 24.5 kg of heroin and Rs 21 lakh in drug...

Chandigarh, March 22 In a joint operation with the Border Security Force, the Punjab Police busted a cross-border smuggling module with the arrest of three persons and recovered 24.5 kg of heroin and Rs 21.5 lakh in cash from them, a top police officer said on Sunday.Preliminary investigation...

New Delhi, March 17 Leela Palaces Hotels and Resorts announced on Tuesday the acquisition of a luxury resort in Coorg, Karnataka.The Leela Coorg Forest Sanctuary expands the hospitality company's portfolio into one of South India's most attractive leisure destinations, according to a...

New Delhi, March 16 The National Company Law Appellate Tribunal (NCLAT) has allowed Chronos Properties, backed by Brookfield, which is in the race to acquire the Infrastructure Leasing and Financial Services (IL&FS) flagship Bandra Kurla Complex property, to replace its bank guarantee within a...

New Delhi, March 13 Godrej Properties Ltd has acquired a 44-acre plot in Coimbatore to develop a housing project, with an estimated revenue of ₹450 crore.In a regulatory filing on Friday, the company announced that it had acquired the land parcel through a direct purchase and will launch...

New Delhi, March 11 The Supreme Court has struck down a law in Bihar that allowed the state government to take over the Patna library, a heritage institution, saying the provision for a token compensation of Rs 1 for such acquisition was "illusory" and lacked the basic attributes of fairness...

New Delhi, March 9 The Enforcement Directorate said on Monday that it has attached immovable assets worth more than Rs 5 crore as part of its investigation into money laundering related to an alleged case of disproportionate assets against former Assam excise secretary and IAS officer Indreswar...

Guwahati, March 9 – The Enforcement Directorate (ED), Guwahati Zonal Office, has provisionally attached six immovable properties worth ₹5.64 crore under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a case against Indreswar Kalita, an IAS officer and...

New Delhi, March 9 The realty firm, County Group, will invest more than ₹1,200 crore to develop a luxury housing project in Noida.In a statement on Monday, the company said it has launched a 5-acre project, 'Clove County', in Sector 151 along the Noida-Greater Noida Expressway. The project...

The Shopian unit of the Jammu & Kashmir Police has seized a two-story residential house valued at ₹55,21,189/- under Khasra No. 243, belonging to Ghulam Mohammad Khanday, a resident of Zrakan Keller.Srinagar, March 09: As part of its ongoing crackdown on narcotics-related activities, the...

Kolkata, March 2 The West Bengal government has, in principle, approved the transfer of around 105 acres to the Centre for border fencing and construction of outposts, official sources said on Monday.The land will be transferred to the Border Security Force (BSF) for fencing nearly 17 km and...

New Delhi, February 27 Rashid Naseem, an economic offender who was on the run and wanted in connection with an alleged investment fraud in Uttar Pradesh, has been arrested in Dubai, officials said on Friday.The Enforcement Directorate (ED) had obtained an Interpol Red Notice to facilitate his...

New Delhi, February 23 The Delhi High Court on Monday dismissed a public interest litigation (PIL) that challenged a 1980 Waqf notification and alleged that three mosques in the Jahangirpuri area were illegal encroachments on public land.A bench of Chief Justice D K Upadhyaya and Justice Tejas...