Navi Mumbai: Cidco announces scheme to sell 243 shops in Ulwe housing complex
The shops have been made available for the small and medium businesses in Ulwe node which is now well connected with varied modes of transportation.
The shops have been made available for the small and medium businesses in Ulwe node which is now well connected with varied modes of transportation.
Blackstone-backed Nexus Select Trust plans to double its assets portfolio to 20 million sq ft in 5 years. CEO Dalip Sehgal stated that the trust can borrow $1 billion or swap units for assets to fund acquisitions. The trust currently owns 17 malls across 14 cities, including Ahmedabad and Amritsar.
Mall owner Bansi Mall Management Company (BMMCL), promoted by Biyani, owed lenders Rs 737 crore against which the promoters have offered Rs 440 crore.
According to NDMC officials, around Rs 2,500 crore is pending against the top 100 defaulters. “Of this amount, we need to recover Rs 1,950 crore from CP and neighbouring areas.
An NDMC official said that on Tuesday five shops were sealed but two were desealed later. In one case, a payment was made. In another, a court order was given.
The drive was carried out in Connaught Place's B, C, D and G blocks. Atul Bhargava, president of the New Delhi Traders' Association, demanded that there should be a uniform tax regime across Delhi.
The Enforcement Directorate attached shops worth more than Rs 13 crore in Pune's SGS Mall in the Punjab and Maharashtra Cooperative (PMC) Bank loan fraud-linked money laundering case.
The department also issued recovery notices to 179 offices and businesses over short payment of professional tax and recovered Rs 17.73 lakh.
Ruling in favour of the joint owners, Dahisar residents, Jasmin Kapadia and Ketan Parmar, the commission said that the complainants have established that the society is liable for deficiency in services.
Traders, real estate agents and market committees TOI spoke to attributed the sharp decline in rent to rampant encroachment by hawkers, not only the pavements but also the carriageway.
Stating that around Rs 2 crore is being paid towards property tax for the mall as per the High Court’s direction, Venkatesh said he has already paid the property tax for the year 2023-24 and also intimated the BBMP about it.