Prestige Estates' CEO Venkata Narayana K resigns
The company informed the bourses that Venkata has tendered his resignation as CEO of the company and also from the committees of the board, with effect from close of business hours on May 10, 2024.
The company informed the bourses that Venkata has tendered his resignation as CEO of the company and also from the committees of the board, with effect from close of business hours on May 10, 2024.
Meanwhile, municipal commissioner Bhushan Gagrani has directed the civic administration to speed up the process of auctioning seized assets of big property tax defaulters, who have defaulted on payment for years.
The billionaire Radhakishan Damani-promoted company has paid a stamp duty of Rs 7.03 crore for the transaction that was registered on May 6, according to documents accessed through real estate data analysis platform CRE Matrix.
In this exclusive tete-a-tete, Harsh Jagwani, Managing Director of Notandas Realty, underscores the importance of safety norms on project sites to ensure the well-being of both workers and residents.
As many as 64 shopping malls with about 13.3 million square feet of gross leasable area have been categorised as 'Ghost Shopping Centre' in 2023.
Of the 188 buildings on the list, the highest 114 structures are in the western suburbs, followed by the eastern suburbs with 47 and 27 in the island city, the release said.
Suraj Estate Developers' net consolidated total income stood at Rs 103.03 crore in Q4 FY24, a drop of 2.93 per cent from Rs 106.14 crore it recorded in Q3 FY24.
The said land is leased to Maharashtra Housing and Area Development Authority (MHADA) and currently, there are seven buildings with a total of 504 flats.
Blackstone Group is finalizing the acquisition of Adani Realty's Inspire BKC in Mumbai's Bandra-Kurla Complex. The deal is set at Rs 1,800-2,000 crore for the 800,000 sq ft tower, with various prominent companies as occupants.
To expand its portfolio, Embassy REIT is constructing 6.1 million (61 lakh) square feet of premium office space in Bengaluru to cater to rising demand from global capability centres (GCCs) and also domestic players.
The Economic Offences Wing (EOW) in Mumbai filed a case against a property owner in Dahisar based on a complaint from a developer regarding a disputed development agreement. The developer alleges a loss of Rs 18 crores due to the property owner's actions.