NBCC may revise bid for Jaypee Infratech, likely to keep unsold flats of Rs 1,750 crore
NBCC and Suraksha Realty are likely to submit their revised offers on Sunday as sought by Interim RP. A meeting of CoC has been convened on November 18 to discuss the resolution plans. Earlier, NBCC had offered 2,207 unsold flats worth Rs 1,756 crore to lenders, but bankers were reluctant to acquire these apartments.
Soon commuters to zoom down Delhi-Meerut Expressway at 120/100 kmph
NHAI is going to write a letter to the Delhi Police for raising the speed...
IMA ponzi scam: CBI conducts searches at 15 locations in Karnataka, UP
Multi disciplinary teams of the CBI carried out searches at 11 places ...
Yamuna Expressway authority directed to refund Rs 41.14 crore to Jaypee Infratech
As per the judgement, the authority had demanded Rs 2,591.78 crore in January 2015 and another Rs 247 crore in May 2017 from Jaypee Infratech as 'no litigation incentive' or additional compensation to be paid to the farmers whose land was acquired by the authority and then allotted to the developer for constructing Yamuna Expressway projects and other purposes.
Home buyers' interest paramount: Yogi Adityanath at RERA conclave
While speaking at the first national conclave of Real Estate Regulatory Authority (RERA) in Lucknow, UP Chief Minister Yogi Adityanath asserted that for him the interest of those who stake their earnings for a home, is supreme. He also added that such people face problems as despite all the money being stuck, they also have to pay the bank loan.
MSRDC invites fresh bids for toll operations of Mumbai-Pune E-way
MSRDC had cancelled the Mumbai-Pune Expressway TOT bid process after it received just one bid to collect toll on the arterial motorway for the next 11 years. The agency has invited new bids for a minimum of ₹8,200 crore, with a new deadline of December 16, said two people aware of the development.
Gadkari inaugurates Rs 1,058 crore Delhi-Meerut Expressway phase 3
The third phase or package from Dasna in Ghaziabad to Hapur is over 22-km long, with a civil cost of Rs 1,058 crore
Adani, Reliance group in race for Mumbai-Pune Expressway
In what could be India's busiest stretch, sale of the toll operation rights on Mumbai-Pune Expressway could fetch at least Rs 8000 cr. SBI Capital Market has been looking for a new operator as IRB Infrastructure’s 15-year contract expired in August.
IL&FS starts repaying Rs 5,071 crore to creditors of 3 group firms
The binding term sheet has a revised proposal for debt-restructuring, with certain concessions and modification of terms of financial debt.
Delhi-Mumbai Expressway will be built before next election: Nitin Gadkari
Union Minister of Road Transport and Highways Nitin Gadkari on September 9 informed that Government is building highway between Delhi-Mumbai...
NBCC to take 4 years to deliver 17k Jaypee flats
NBCC is all set to submit a fresh proposal for completion of Wish Town apartments before the Supreme Court next week
Road accidents claim over 150 lives on Yamuna Expressway in 2019, highest ever: Data
According to the data, 2018 witnessed 659 road accidents, 1,388 injuries and 111 deaths, while 2017 had 763 accidents, 1,426 injuries and 146 deaths on the expressway.
Homebuyers of New Gurugram blocked National Highway
The protest was triggered by the damage of a bypass road, which residents had built by pooling in money to avoid the toll.
Realty Hot Spot Series: Want to buy a house in NCR? Consider this well-connected Noida locality
This NCR region well-connected to key areas of Noida and Greater Noida through the Expressway and Aqua Metro Line.
Defence manufacturing corridor to be set up along Bundelkhand E-way: Adityanath
"A defence expo will be organised in February 2020, in which more than 100 countries have confirmed their participation. Uttar Pradesh will contribute in making India self-reliant in defence production," Adityanath said.
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