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Embassy Developers’ Promoters Inject ₹1,160 Crore Funds

Here’s a revised version of your content: NEW DELHI: Embassy Developments (EDL) announced that its promoters have successfully completed the subscription of 100% of warrants through the final tranche amounting to ₹67.7 crore, resulting in a total promoter capital infusion of ₹1,160 crore. This investment was made by converting warrants into equity shares at a price of ₹111.51 per share. The funds will be utilized to bolster the balance sheet, finalize ongoing projects, and support future expansion initiatives in key markets. Rajesh Kaimal, Chief Financial Officer of EDL, stated, “With a strengthened equity base, we are well-positioned to enhance project…

Manesar to Fee Property Owners for Vacant Plot Cleanup

Representative Image GURUGRAM: Property owners will now be held responsible for cleaning costs associated with garbage accumulation on vacant lots and private premises. The Municipal Corporation of Manesar (MCM) commissioner, Ayush Sinha, announced on Monday that officials are now empowered to take immediate action. He also directed joint commissioners to enhance greenery and beautification efforts within the municipal area. Sinha stated, “This initiative aims not only to foster cleanliness in the Manesar area but also to raise public awareness about individual responsibilities.” According to Section 274 of the Haryana Municipal Corporation Act, 1994, if litter is discovered on vacant plots…

Mysuru to Boost Ward-Wise E-Khata Issuance Drive

MYSURU: The Mysuru City Corporation (MCC) is set to enhance its e-khata property document initiative on a ward-wise basis to ensure all 2,27,883 properties in the city are covered. Currently, e-khatas have been issued to 61,117 property owners. To achieve full coverage, the civic body will launch awareness campaigns across all wards. After the chief minister kick-started the statewide initiative, Mysuru City Corporation achieved a milestone in e-khata distribution among civic bodies, with Mysuru district leading in overall issuance. Out of the total 2,27,883 properties, the MCC has successfully distributed 61,117 e-khatas after processing applications and collecting necessary taxes. This…