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Wednesday, January 23, 2019

GujaratRERA has approved 4,691 projects since May 2017: Amarjit Singh, Chairman Since May 2017, the Gujarat Real Estate Regulatory Authority (GRERA) has approved a total of 4,691 real...

These approvals constitute 85% of the projects that have reached the GRERA office, according to RERA chairman Amarjit Singh. He added that 75% of projects are on track. Singh was speaking at a seminar on ‘Mobility-led Urban Development’ at the Vibrant Gujarat summit in Gandhinagar. Nearly 50% of GRERA approved projects, which is 2,326 projects, are residential, while 1,542 are in...

Lenders can move insolvency plea against guarantor without initiating CIRP for defaulting companies: NCLAT The National Company Law Appellate Tribunal has held that the lenders of defaulting companies...

A three member bench of the appellate tribunal in a judgement said that corporate guarantors are also financial creditors. “We hold that it is not necessary to initiate Corporate Insolvency Resolution Process against the principal borrower before initiating ‘Corporate Insolvency Resolution Process’ against the corporate guarantors. “Without initiating any CIRP against the principal borrower, it is always open to the financial...

Sahara Group’s 500-acre plot in Mumbai may open-up for development with diluted CRZ norms The Sahara Groupcould be the biggest beneficiary of the Centre’s new, diluted Coastal Regulation...

The 106-acre sprawl at Pahadi in Goregaon (West) controlled by the Lucknow-based conglomerate is part of a 500-acre parcel which belongs to the Byramjee Jeejeebhoy Group. Construction industry sources said almost one-third of Sahara’s portion near the creek fell under CRZ, where no construction is permitted. However, the new CRZ rules, which have still to be notified by the state...

Disaster Management at Upper Anicut in Cauvery River Basin Near Thiruchirapalli – A Unique Experience in Tamil Nadu

Dr. R. Ilangovan M.E., PhD., VICE CHAIRMAN, Tamil Nadu Water Resources Development Cell PWD Chennai-600005IntroductionOn 22nd August night around 8.30 pm few Tamil Television news channels scrolled the news “ Eight shutters of Upper Anicut collapsed at Mukkombu (Called as Melanai in Tamil) in Tamil Nadu and water is flowing waste to Sea via River Coleroon (Flood Carrier River) without use...

Caterpillar Launches Its Next Generation 20-Ton Excavator Portfolio with Improved Productivity

Caterpillar, the world’s largest manufacturer of construction and mining equipment, announced the launch of its Next Generation Excavators Cat 320D3 and Cat 323D3 from its Thiruvallur manufacturing plant in Tamil Nadu, India. After a successful launch of four products in December 2017, Caterpillar India today announced the launch of its Next Generation 20-ton size class excavators, Cat 320D3 and Cat...

Case Range of Machines

CASE 752EX Vibratory Tandem Compactor The CASE 752EX is equipped with a fuel-efficient FPT engine that deliver76 HP at 2200 rpm and torque of 332 Nm at 1300 rpm. This new-generation engine – developed by CNH Industrial subsidiary FPT Industrial, the world-leading manufacturer of engines, transmissions and powertrains – provides outstanding performance, fast response times, and best-in-class fuel economy. The...

BKT to Display Its High Performance Off The Road (OTR) and Industrial Tires at Bauma Conexpo India Show

Balkrishna Industries Limited (BKT), India’s leading manufacturer of off-highway tires will participate in the upcoming Bauma Conexpo India Show, an influential trade fair for construction machinery, building material machines, mining machines and construction vehicles between December 11 and 14. The key products on display will include BKT’s line up of Industrial and Construction tires, Forklift tires, Loader tires, and...

Dosti Realty launches Dosti Belleza

Dosti Realty, well-known for delivery quality homes and transforming the urban living standards, launches it latest offering, a premium residential tower – Dosti Bellezain Parel, Mumbai. One of the unique features of this tower is the spacious 2 BHK (78.36 sq.mtrs) and luxurious and super luxurious 3 BHK’s (96.30- 104 sq.mtrs) options that it offers. This premium lifestyle address is specially crafted...

K Raheja Corp achieves LEED Gold Rating by USGBC for Mindspace Madhapur

K Raheja Corp, one of India’s leading real estate conglomerates is proud to announce a respectable Gold rating certification for Building 12 A in their commercial business park Mindspace at Madhapur in Hyderabad, from the esteemed U.S. Green Building Council (USGBC). Building 12 A at Mindspace – Madhapur was recognized for its sustainable practices and solutions and earned 69 points....

Manitowoc hosts Open House event for new Potain factory in India

The new Potain factory in Chakan has been rolling out MCT 85 and MC 125 tower cranes with greater efficiency than ever before, since starting production in the first quarter of 2018. On November 21, several hundred guests, including Potain customers and dealers, got the opportunity to witness that efficiency first hand at an open house in the factory’s...

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GujaratRERA has approved 4,691 projects since May 2017: Amarjit Singh, Chairman Since May...

These approvals constitute 85% of the projects that have reached the GRERA office, according to RERA chairman Amarjit Singh. He added that 75% of...

Lenders can move insolvency plea against guarantor without initiating CIRP for defaulting companies: NCLAT...

A three member bench of the appellate tribunal in a judgement said that corporate guarantors are also financial creditors. “We hold that it is not...

Sahara Group’s 500-acre plot in Mumbai may open-up for development with diluted CRZ norms...

The 106-acre sprawl at Pahadi in Goregaon (West) controlled by the Lucknow-based conglomerate is part of a 500-acre parcel which belongs to the Byramjee...

Disaster Management at Upper Anicut in Cauvery River Basin Near Thiruchirapalli –...

Dr. R. Ilangovan M.E., PhD., VICE CHAIRMAN, Tamil Nadu Water Resources Development Cell PWD Chennai-600005IntroductionOn 22nd August night around 8.30 pm few Tamil Television news channels...

Caterpillar Launches Its Next Generation 20-Ton Excavator Portfolio with Improved Productivity

Caterpillar, the world’s largest manufacturer of construction and mining equipment, announced the launch of its Next Generation Excavators Cat 320D3 and Cat 323D3 from...