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GOVERNMENT LAND MONETIZATION
Why India’s next real estate cycle could be driven by retail investors and REITs, Sandipan Roy explainsIn an interaction with Sandipan Roy, Chief Investment Officer (CIO), at Motilal Oswal Private Wealth, he explains why India’s next real est...
Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
MTNL shares soar 18% on Rs 2,135 crore asset monetisationMTNL share price surged 18.4% after earnings of Rs 2,134.61 crore from asset monetization were disclosed. Since 2019, BSNL and MTNL togethe...
Goa to monetize unused land parcels, seeks developers’ interest in PPP modelGoa Rehabilitation Board and Goa Housing Board plan to develop unused land through PPP to meet housing and commercial demand. They aim to i...
MTNL shares rally 19% as government clears Rs 16,000 crore asset monetizationMTNL share price: MTNL has been grappling with a growing debt burden. As of August 30, 2024, the company's total debt amounted to Rs 31,944...
BSNL and MTNL prioritise govt organisations for land asset sales worth Rs 1 lakh croreRecently, BSNL sold one of its properties in Lucknow to the Income Tax department for around Rs 229 crore, which was the market value of th...
Recruitment for CEO, Chairman of NLMC delayed again, application deadline pushed to July 16The Department of Public Enterprises (DPE) once again pushed the deadline for the recruitment process for the Chief Executive officer, Non-...
Govt plans panel to help resolve state-owned firms' land disputes: SourcesThe move, part of a renewed push by Prime Minister Narendra Modi's govt to slim down the public sector, would help the government monetise ...
Cabinet nod to National Land Monetisation Corp for monetisation of surplus landNLMC will be set up as a wholly-owned government of India company with an initial authorized share capital of Rs 5,000 crore and paid-up sh...
40 railway stations to be taken up for redevelopment in 2021-22 : RLDAThe Ministry of Railways has released a draught guideline for the developers chosen to renovate the railway station, which includes a refun...
Rural development ministry offers help to identify idle assets or land parcels for monetisation“The rural development ministry can play a vital role in identification of surplus government land, ascertaining the market value of land a...
Monetizing realty assets may help Indian companies retire $341 billion debt: JLL IndiaAn uncertain economic scenario has forced corporate finance heads to reimagine real estate assets as sources of funds to reduce debt. The a...
MTNL working on monetising certain assets in MumbaiMinister of State for Finance Anurag Singh Thakur said International Property Consultants has been appointed for end-to-end transaction adv...
GMR Infra to divest large part of non-core assets; betting big on land monetisationThe airport-to-port conglomerate in an investor presentation said land at strategic industrial locations will benefit from the possible man...
GMR Infra to divest large part of non-core assets; betting big on land monetisation"Government of Andhra Pradesh signed MoUs with Haldia Petrochemicals Ltd to set up a refinery cum petrochem project in 2,500 acres and with...
Railway plans hotel, eateries, mass transit system between Mathura and VrindavanThe objective of the pre-feasibility study is to assess the development and monetization of a mass transit system between Mathura and Vrind...
HEC to begin Rs 1,240 crore turnaround plan; eyes 4-fold topline growth in 5 yearsThe modernisation and expansion plan will be funded by a mix of internal resources raised through excess land monetization and debt, the co...
Government looking at creating bank from land available at loss-making PSUsThe government has accelerated efforts to wind up several loss-making state-run firms and the NITI Aayog is drawing up a strategy on the is...
Haryana announces new integrated licencing policyThe BJP-led Haryana government today announced the launch of New Integrated Licencing Policy (NILP) 2015 for the development of hyper and h...
Government plans to sell surplus land to ease fiscal crunchThe Centre is ready with an ambitious plan to sell surplus government land to generate cash to ease financial pressures, as suggested by th...