Owning property in Gurgaon is set to become more expensive with the Gurgaon Municipal Corporation (GMC) planning to impose property tax. Gurgaon, located in the National Capital Region, has for long been the cradle of private property developers and is also known as the IT city of Haryana. Municipal Commissioner of MCG, Rajesh Khullar said the [...]
Continue reading...Tuesday, April 13, 2010
A high-level plot allotment committee cleared the allotment of industrial plots to 19 units in various industrial estates developed by the Haryana Infrastructure and Industrial Development Corporation (HSIIDC). The committee has been constituted by the Haryana government to consider projects involving capital investment of Rs 30 crore and those with FDI component. Managing Director HSIIDC Rajeev [...]
Continue reading...Friday, April 9, 2010
The Reliance Haryana SEZ is expected to get stamp duty refund of close to Rs 24 crore on land it has bought so far for the SEZ in the state. “We have assessed stamp duty refund of about Rs 24 crore in case of Reliance Haryana SEZ on land it has bought in Gurgaon district only [...]
Continue reading...Thursday, March 18, 2010
BYPASSING DELHI Stretch between Manesar and Palwal near-ready; toll rates announced Three and half months from now, in July, the 135.65-km Kundli-Manesar- Palwal (KMP) Expressway — one of India’s longest — will start functioning partially when its 50-km arm between Manesar (NH-8) and Palwal (NH-2) opens for commuters. The complete 135.6 km stretch of the Western Peripheral [...]
Continue reading...Friday, August 21, 2009
DLF has bagged the country’s largest land deal so far for Rs 1,750 crore, barely two days after it emerged as the sole bidder for the 350.7 acres of prime real estate in Gurgaon. This is also seen as a sign of revival of real estate in the country. The land was originally tendered in [...]
Continue reading...Thursday, August 13, 2009
DLF and Unitech, the country’s top two real estate firms, are understood to have bid for a 350-acre plot in Gurgaon with a reserve price of about Rs 1,700 crore. According to sources, DLF and Unitech today bid for the land meant for setting up recreation and leisure project, comprising commercial, residential and sports complexes.The [...]
Continue reading...Tuesday, August 11, 2009
GOVT CONSIDERS stepping in to acquire land for contiguity THE COMPANY ALSO PLANS TO HAVE 16 STANDALONE POCKETS TOTALING 1,056 ACRES WHICH CAN BE DEVELOPED AS SEPARATE SEZS/LOW COST HOUSING UNDER PHASE C Having been told by Haryana to consider developing a series of Special Economic Zones (SEZs) instead of the originally conceived two of 12,500 [...]
Continue reading...Monday, July 27, 2009
HARYANA AGREES to get clearances for 253 acres, invites fresh bids The effects of the economic downturn seem to have caught up with Haryana’s ambitious Recreation and Leisure Project, proposed to come up on 350 acres of prime land in Gurgaon. The once unyielding state agencies shepherding the project have now agreed to relax the terms and [...]
Continue reading...Tuesday, June 30, 2009
WORRIED ABOUT the slow progress of the proposed special economic zones (SEZs) to be set up by Reliance Haryana SEZ Ltd in Gurgaon and Jhajjar districts, the Haryana government has asked the company to think in terms of setting up a series of SEZs rather than remaining stuck with the originally conceived framework of two [...]
Continue reading...Monday, June 29, 2009
SPV cites economic downturn to seek additional time for bringing out the public issue THE INITIAL public offering (IPO) of the Reliance Haryana SEZ Ltd, the special purpose vehicle (SPV) created for setting up multi product mega special economic zones (SEZs) in Haryana,has been deferred. The postponement was approved at the meeting of board of directors of [...]
Continue reading...Friday, June 26, 2009
THE HARYANA State Industrial and Infrastructure Development Corporation Ltd (HSIIDC) has given its nod for development of integrated housing complexes for the industrial workers at IMT Rohtak,IMT Faridabad,Kundli, Rai and Barhi The HSIIDC Board of Directors gave the go ahead to the scheme to be funded under Economic Stimulus Package announced by the state government in [...]
Continue reading...Monday, April 6, 2009
Writes to Haryana seeking intervention on gas availability MUKESH AMBANI’S Reliance Industries Limited (RIL), which is setting up joint venture Special Economic Zones (SEZs) in Gurgaon and Jhajjar, has hit an obstacle. Uncertainty has enveloped the proposed 2,100-MW gas-based captive generation [...]
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Wednesday, April 28, 2010
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