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Former corporator questions 2 cr concession to RWITC

Former Bharatiya Janata Party (BJP) corporator Makrand Narwekar pointed out that the lease rent, mentioned in the new government resolution (GR), was much lower than what was charged earlier by the state government

Mumbai, India - Jan. 12, 2013: Smoggy weather over Mumbai's skyline seen from Mahalaxmi racecourse in Mumbai, India, on Saturday, January 12, 2013. (Photo by Pratik Chorge/Hindustan Times) (Pratik Chorge/HT Photo)
Updated on Jun 28, 2024 06:38 AM IST

1k industrialists get notice for failing to finish projects in Karnataka

KIADB Chief Executive Officer Mahesh M said that KIADB already managed to recover 931.78 acres of land from 40 industrialists in the last few months

The Karnataka Industrial Areas Development Board allotted thousands of acres of land to industrialists every year on a lease with a tenure of 10 years with a condition that they must complete the construction of the buildings within 5 years of assuming the lease. (HT Archives)
Updated on Feb 09, 2024 08:50 AM IST
BySharath Sharma Kalagaru, Bengaluru

Facing financial crisis, PMPML begins auction of 16 prime properties

The 16 prime properties to be leased are located in Swargate, Hadapsar, Deccan and Narveer Tanaji Wadi in Shivajinagar, officials said on Monday

For the past 10 years, the PMPML has been facing a paucity of funds amid the Pune Municipal Corporation (PMC) and Pimpri-Chinchwad Municipal Corporation (PCMC) refusing to bail it out. (HT PHOTO)
Updated on Nov 28, 2023 05:10 AM IST
ByNadeem Inamdar

Study Abroad: Here is how you can find housing near top foreign universities

In an exclusive interview, Saurabh Goel, CEO and Co-Founder, Amberstudent.com, shares tips about housing hunt, the most & least expensive cities and much more.

Founded in 2016 and headquartered in Pune, Amberstudent.com, a company focussed on student accommodation around the world, has so far sold 1 million housing to students and in 2022 alone served 40,000 students.(Shutterstock)
Published on Oct 16, 2023 03:57 PM IST
By, New Delhi

DDA takes over Delhi club that was once the home of cricket

Officials of the club said the sealing was done despite a stay from the Delhi high court, valid till October 6

The cricket ground and the clubhouse. (HT Archive)
Updated on Sep 30, 2023 06:12 AM IST

Now, Parmarth Niketan to develop & manage Triveni Pushp

Prayagraj Development Authority (PDA) has granted a 30-year lease to the organisation’s president, Swami Chidanand Saraswati.

Triveni Pushp (HT Photo)
Updated on Aug 29, 2023 05:52 PM IST

Chandigarh: GMSH-16 chemist arrested for fraudulent lease gets bail

Sunil Kumar was arrested in July for obtaining the lease for the chemist shop through fraudulent means and by providing false affidavits

The shop in GMSH-16, Chandigarh, was allotted to Sunil Kumar on lease for only two years through an auction in 1993. (HT Photo)
Updated on Aug 04, 2023 02:42 AM IST
By, Chandigarh

Former Shimla mayor writes to CM, demands cancellation of Town Hall lease

In his letter to Himachal Pradesh chief minister, Chauhan said the Town Hall building was constructed in 1905 by Britishers and was used as an administrative office before converting into Shimla municipal corporation office post-independence

The upper floor of the Town Hall houses the offices of the mayor, deputy mayor and commissioner, while the lower portion has a meeting room in addition to the various other offices of Shimla municipal corporation. (HT Photo)
Updated on Aug 04, 2023 12:54 AM IST
By, Shimla

Hinduja Realty Ventures leases three floors in BKC tower

The transaction was registered on June 5 this year between Hinduja Realty Ventures Pvt Ltd and Tata Communications Ltd to lease first, second and third floor space in Tower C of Tata Communications Towers for a period of 60 months for ₹13.87 crore annual rent

HT Image
Updated on Jul 07, 2023 02:46 AM IST

HP govt opens bids to take chopper on lease

On Saturday, the technical and financial bids for the lease were opened and the department of general administration will now present the matter in front the government for consideration

The previous lease agreement for a helicopter expired in December 2022. (AFP)
Updated on Jul 02, 2023 10:54 PM IST
By, Shimla

20 Pune charitable institutes in possession of state land under scanner for lease violations

Currently, there are 346 institutions in the district, which were allotted 1,574 acres of land on lease

The district administration has started a probe to check if the land allocated to various charitable institutions for educational, social, cultural and health purposes is being utilised appropriately. (REPRESENTATIVE IMAGE)
Updated on Jun 17, 2023 10:26 PM IST
ByNadeem Inamdar

The power battle between Punjab and Himachal Pradesh

The two northern states are fighting over control of operations of a 90-year-old hydroelectric power plant

Shanan hydro project at Jogindernagar in Mandi district. (HT file photo)
Published on Jun 07, 2023 03:47 PM IST

British-era power house that once illuminated Lahore

Punjab and Himachal Pradesh are locking horns over the control of the project after its 99-year-old lease expires next year

British-era power house that once illuminated Lahore
Updated on May 30, 2023 12:44 AM IST
By, Amritsar

MTDC assures HC of not taking possession of hotels at tourist destinations

The Bombay High Court criticized the Maharashtra Tourism Department Corporation for issuing arbitrary notices of possession to hotels that had taken properties on lease in various tourist destinations in the state. The court allowed the parties to decide on the arbitrator to be appointed in the matter and posted a hearing of the petitions to May 24.

HT Image
Updated on May 24, 2023 12:55 AM IST
ByK A Y Dodhiya

Soon, Panchkula to get its own night food street

The project, christened ‘Happiness and Food Street’ is expected to come on 1.25 acres in Sector 5 in Panchkula. As per the plan, the street would not just offer food but also provide entertainment points, including a DJ, dance floor and stage for live performances.

The tricity currently has one night food street which is adjoining the Panjab University in Chandigarh. (HT File)
Updated on Apr 29, 2023 03:53 AM IST
By, Panchkula

Bengal farmer builds his dream house resembling ‘Titanic’

Mintu Roy said he left for Nepal and learnt masonry to build his dream house after the engineers, who he consulted initially, backed out as he could not pay them

Mintu Roy and his wife Iti in front of their house that resembles Titanic in their village Nichbari in West Bengal’s in Darjeeling district. (Sourced)
Updated on Apr 16, 2023 12:49 PM IST

Ajit Pawar-linked sugar mill owes 487 Cr to bank: ED

The Enforcement Directorate (ED) has filed its first chargesheet in the alleged financial irregularities at Maharashtra State Cooperative Bank, claiming that Jarandeshwar Sugar Mill obtained loans worth INR 826 crore from the bank, with INR 487 crore still outstanding. The ED alleged that the sugar mill was owned by companies linked to Ajit Pawar and his wife Sunetra, and criticised the sale of the mill to real estate companies, which it said had "neither the expertise nor the interest in running sugar factories for the welfare of farmers."

Jarandeshwar Sugar Mill Pvt Ltd, which is linked to firms where Ajit Pawar and his wife Sunetra were directors earlier, had obtained loans worth <span class='webrupee'>₹</span>826 crore from the bank, out of which <span class='webrupee'>₹</span>487 crore is still outstanding. (HT Photo)
Updated on Apr 13, 2023 02:48 PM IST

ED writes to Bihar govt for info on properties linked to Lalu, kin, grills Tejashwi in Delhi

ED is investigating “land-for-jobs” case for money laundering. The case pertains to alleged doling out of railway jobs to individuals in return for land at hugely discounted prices or in the form of gifts during Lalu Yadav’s tenure as railway minister during the UPA governments.

Tejashwi Yadav arrives at ED office in New Delhi on Tuesday morning. He was questioned for nine hours in ‘land-for-jobs’ case. (ANI)
Updated on Apr 11, 2023 10:09 PM IST
By, Patna

ED seeks info from Bihar govt on Lalu Yadav assets; Tejashwi grilled in Delhi

ED’s letter sought information from the Bihar government about the sale, transfer and lease of some properties in connection with its probe.

Bihar deputy chief minister Tejashwi Yadav appeared before the Enforcement Directorate for questioning in a money-laundering case on Tuesday. (HT Photo)
Updated on Apr 11, 2023 09:46 PM IST

Haryana cabinet decisions: Those who have taken govt shops on rent for 20 years can now be owners

The Haryana government had in June 2021 notified a policy for sale of shops and houses owned by municipal bodies where possession of such property was with private entities for a period of 20 years or more.

The Haryana cabinet on Wednesday approved a policy for sale of properties (shops/houses) owned by government departments, boards, corporations and authorities to individuals who were in their possession by way of rent or lease for the last 20 years or more. (HT Photo)
Updated on Apr 06, 2023 12:48 AM IST
By, Chandigarh

Question Hour: HPTDC owned hotels running into losses, reveals Himachal CM Sukhu

The top three loss-making units are the Hotel Transport wing ( ₹48.36 lakh), Shivalik Parwanoo ( ₹44.07 lakhs) and Meghdoot, Kiarighat ( ₹40.82 Cr). Himachal CM Sukhu said the government was also considering taking a policy decision to lease out the units which were running into losses.

Himachal CM Sukhvinder Singh Sukhu said HPTDC had 30 commercial units, including hotels, restaurants, cafes and inns across the state, of which two, including Hotel Sadhupul at Chail and Café Shivalik in Parwanoo, were closed during the Covid-19 pandemic. (HT File Photo)
Updated on Apr 04, 2023 10:34 PM IST
By, Shimla

UPPTCL to monetise assets, UPRVUNL to lease out its schools

“The UP Power Corporation and the UPRVUNL’s board of directors has approved the proposal for leasing out schools while the UPPTCL will begin the exercise to identify its unused prime land with a view to disposing the same,” a senior official said.

UPPTCL to monetise assets, UPRVUNL to lease out its schools (pic for representation)
Updated on Apr 02, 2023 07:31 PM IST
By, Lucknow

Bengaluru may see highest growth in office rent in APAC next year: Report

Office rentals in Bengaluru is expected to grow by 5-7 per cent -- highest in the Asia-Pacific region -- during the next year, according to Knight Frank India.

Bengaluru's prime office rental is expected to grow in the range of 5-7 per cent year-on-year in 2023.(Photo by Satyaprakash Kumawat on Unsplash)
Published on Dec 03, 2022 04:34 PM IST
PTI | | Posted by Yamini C S
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