The commission also instructed Global Entropolis Asia Pvt Ltd (GEAPL) and Shriram Properties Pvt Ltd to officially register and hand over the fully furnished 2,011 sq ft apartment to the complainant.
NEW DELHI: Mining giant Vedanta Ltd has filed an appeal in the Supreme Court seeking to stay the NCLT’s approval of Adani Group’s ₹14,535 crore bid for Jaiprakash Associates Ltd (JAL). The appeal was submitted on March 25, following the National Company Law Appellate Tribunal’s (NCLAT) refusal to stay the plan’s implementation. Adani Enterprises Ltd has also filed a caveat with the Supreme Court, requesting an opportunity to be heard before any decision is made regarding Vedanta’s petition. On March 24, the insolvency appellate tribunal denied an interim stay on Vedanta’s plea against the NCLT ruling that approved Adani’s bid…
BHUBANESWAR: In a landmark move, the Kantabada panchayat has turned to the Odisha Real Estate Appellate Tribunal (OREAT) to contest the Bhubaneswar Development Authority’s (BDA) approval of a private housing project, claiming it encroaches on the panchayat’s jurisdiction without proper authority. The tribunal supported the panchayat’s appeal, reversing an earlier decision by the Odisha Real Estate Regulatory Authority (ORERA) that had dismissed the grievance on the grounds of maintainability. OREAT determined that the definition of “aggrieved person” under RERA should not be limited solely to allottees, promoters, or real estate agents. The conflict revolves around a three-storey residential development comprising…
Representative image NAGPUR: Kesar India Limited (KIL) has expanded its presence in Nagpur’s rapidly developing real estate sector by acquiring a 24,256 sqm (approximately six acres) land parcel in Hingna, where it plans to launch a high-rise residential and commercial project projected to generate around ₹900 crore in revenue. The company announced that the upcoming project will encompass more than 1.5 million square feet of space, integrating luxury residences with commercial facilities. Officials involved in the project emphasized that it aims to cater to the increasing demand in Nagpur, which is experiencing a surge in population, a lack of housing,…