#RealtyNewsRoundup: Yeida Ropes In Private Help For Jewar Airport Land Acquisition
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Amid reports that Prime Minister Narendra Modi will lay the foundation stone for the second airport in the national capital region on February 25, the Yamuna Expressway Industrial Development Authority has said it would recruit experts from private bodies to assist it in acquiring land for Jewar International Airport.
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The National Company Law Tribunal (NCLT) has merged all the eight cases filed against Emaar MGF Land into one. It has also asked the petitioners to file their claims with the resolution professional appointed for the case. It was on January 24 that the NCLT had initiated insolvency proceedings against Emaar.
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Along with a city-based partner, Godrej Properties plans to develop six projects across Pune. These developments will include group housing projects, plotted development, mixed-use development and township projects.
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Global private equity fund Blackstone will pay Rs 3,000 crore to buy a controlling stake in Wadhawan Group’s affordable housing finance company, Aadhar Housing Finance. Operating since 2011, Aadhar Housing Finance has branches in 13 states.
Source: Media reports