A four-member committee comprising special chief secretary (finance) K Ramakrishna Rao, secretary (mining) N Sridhar, flagship programmes commissioner K Shashanka and TGMDC managing director B R V Susheel Kumar was constituted and told to submit the report in a week.
As per the official data, IMC identified a total of 2,875 residential, commercial, and industrial lands as hurdles in the construction of 22 roads, along with 97 religious structures.
The commercial asset has been acquired for Rs 2,038 crore. The board of directors of K Raheja Corp Investment Managers, manager to Mindspace REIT, has approved the acquisition and preferential issue of units aggregating up to Rs 613 crore.
As per the official data, IMC identified a total of 2,875 residential, commercial, and industrial lands as hurdles in the construction of 22 roads, along with 97 religious structures.
Innov8 funding round was led by prominent family offices, including those of Mankind Pharma, Gauri Khan, Rupa Group and Jagruti Dalmia. Together, these investors accounted for 55% of the total funds raised.
The decision is seen as a landmark judgment, setting a precedent for protecting home-buyers' interests against banking institutions' recovery proceedings in real estate projects, reports Subhro Niyogi.
The mega lease deal will see the bank making a total rental payout of over Rs 1,020 crore including other charges through the entire term of the lease to the project developer Runwal Realty.
The decision is seen as a landmark judgment, setting a precedent for protecting home-buyers' interests against banking institutions' recovery proceedings in real estate projects, reports Subhro Niyogi.
Home First Finance Company India's total income stood at Rs 407.45 crore in Q3 FY25, a growth of 35.36 per cent from Rs 301.01 crore it recorded in the similar quarter last year.
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