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Jaypee To Deposit Rs 600 Cr In Instalments ; BuyersJaypee group has identified certain assets which it can sell to deposit Rs 600 crore that will be used to refund the aggrieved homebuyers. The assets include a cement plant at Rewa in Madhya Pradesh.
Maftlal Group’s Scion Buys SoBo Apartment Worth Rs 8Vishad P Mafatlal, managing director, Mafatlal Denims has purchased a luxury duplex apartment in Lodha Group’s Altamount towers. Located at Altamount Road in south Mumbai, the apartment has been purchased for Rs 89 crore while Rs 4.45 crore has been given as stamp duty. The bare-shell apartment is spread in an area of 10,000 sqft and sits on the 10th and 11th floor of the tower. Here’s all you need to know about the apartment and the project.
Using Plastic Bags Would Cost You Rs 10K In MumbaiUpping its ante against use of plastic, the Brihanmumbai Municipal Corporation has decided to impose a fine of up to Rs 10,000 from June 23 on those who are found to use plastic bags. While you may have to pay a fine of up to Rs 5,000 for your first offence, a repeat of the offence would cost you twice the amount as penalty.
Noida Authority Earmarks Rs 1,500 Cr For 19 OngoingThe Noida Authority plans to invest Rs 1,500 crore in 19 different developmental projects in the city. Besides, efforts are being undertaken to ensure energy and water consumption in Noida. Meanwhile, Noida’s residential welfare authorities have been protesting against the inefficacy of workers hired by the Authority who are on regular strikes resulting in poor civic conditions in the Authority’s jurisdiction.
Govt’s Rs 45,000 Crore Push To Address Water CrisisA report released by NITI Aayog indicates that 40 per cent of populace may not have access to drinking water by 2030. According to the report, 21 Indian cities, including Delhi, Bengaluru and Hyderabad are likely to face Day Zero, having no access to groundwater by 2020. Govt of India has given its nod to a two-phase project worth Rs 45,000 crore that would interlink 30 rivers in India to address the water crisis.