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LEASING SURPLUS LAND
Delhi Gymkhana Club has MF investments worth Rs 200 crore, earned more from food and parties than sports: Financial reportDelhi Gymkhana Club saw its surplus surge nearly ten times to Rs 9.5 crore in 2023-24. Restaurants, bars, and banquets drove this revenue g...
Indian Railways to ease lease policy with eye on ecomm revenueIndian Railways has modified its land monetisation policy to allow sorting, grading, packaging, and labelling units on its vacant land. The...
Defence ministry looking at steps to lease land to monetise assets; services' views soughtThe defence ministry is seeking ways to better utilise its surplus land, potentially for revenue generation through activities such as publ...
Galaxy Group leases land from RLDA for Rs 356 crore to develop luxury project in Lodhi ColonyGalaxy group has leased land in Lodhi Colony, South Delhi, for Rs 356 crore from the Rail Land Development Authority, with the developer ex...
Surplus govt land identified for building wheat silos on PPP model at 33 locations in 4 states: Food MinThe Food Ministry on Thursday said surplus government land has been identified for building wheat silos in public-private partnership mode ...
RLDA to lease multiple land parcels in Chennai, expects Rs 130 croreTwo of the land parcels of 2.5 acres each and one land parcel of 3.6 acre are in the Ayanavaram Railway Colony, situated along Konnur High ...
Licence fee clarity, lease pact to aid Concor’s divestmentConcor currently uses 26 terminals. A dispute had cropped up last year after the railways demanded LLF of Rs 1,300 crore annually, which wa...
Supreme Court refuses to pass order on Noida plea on Unitech’s surplus land“At present, we cannot allow Noida to walk away with the surplus land, which would not be appropriate. Once the newly constituted board of ...
Surplus land of CPSEs under disinvestment to be sold at market rate: GovtPetroleum and Natural Gas Minister Dharmendra Pradhan told Rajya Sabha during Question Hour that the surplus land issue of CPSEs will be "d...
NBCC to launch 1,000 flats for sale during festival seasonNBCC will be launching flats and commercial area across the country. The flats will be priced between Rs 15 lakh and Rs 1 crore, said its C...
Godawari Power and Ispat get government nod for mining in ChhattisgarhUpon execution of mining lease and commencement of operation, the total mining lease area of Ari Dongri iron ore mines will get expanded.
Source of Rs 7.5 crore Virbhadra Singh ‘loan’ not Vakamulla Chandrashekhar’s grandma: I-TThe sleuths also found more than half of her 45-acre agricultural land was lying vacant when field officers conducted raids.
RPG Lifesciences rallies over 9% on sale of surplus landRPG Lifesciences surged higher following a gap-up open as sentiment turned bullish after the company sold leasehold rights on its surplus l...
- Tata Communications to sell properties in order to raise Rs 2,500 crore
Tata Comm has appointed Jones Lang LaSalle India and Cushman & Wakefield to help sell some unutilised properties that originally belonged t...
PwC finds 20000 acres of idle PSU land in West BengalThe Mamata Banerjee government has traced nearly 20,000 acres of surplus and unused land held by sick industrial units.
- Railways to lease 3,700 acre land in next 2-3 years
Indian Railways plans to lease land parcels spread over 1,500 hectare (3,700 acre) in the next two-three years to earn more than Rs 5,500 c...
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...
- Land sale may revive sick PSUs
Hundreds of acres of commercial property across the country, including those located in metros like Mumbai, Delhi and Bangalore, could soon...
- Rail Bhawan to unlock prime land
Indian Railways have decided to auction its 40,000 hectares of surplus land in major cities including Delhi, Mumbai, Kolkata, Bangalore and...
- MRVC set to lease out surplus land for commercial use
The Mumbai Railway Vikas Corporation (MRVC), has received approval from the Maharashtra government for commercial exploitation of surplus l...