#RealtyNewsRoundup: CIDCO Auctions 8 Plots In Navi Mumbai For Rs 256 Cr
Realty News Roundup is PropGuide's selection of top stories from the real estate sector.
Top News
Navi Mumbai's development authority, City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) has sold eight plots in an auction for Rs 256 crore. The highest bids for the land parcels were received in the range of Rs 1.55-2.05 lakh. Read more
Real estate developer Embassy Group will raise Rs 4,500 crore and divest 30 per cent in its office business. The company is planning to move all the office parks into one separate vertical. Read more
Off the frontpage
Road Transport and Highways Ministry is seeking over Rs 80,000 crore from Finance Ministry for its highway expansion plan in the upcoming fiscal year. Read more
Consumer Disputes Redressal Commission has sentenced Unitech Chairman Ramesh Chandra and other two managing directors of the company with three years of imprisonment for “willfully” disobeying the orders to refund money to complainant Jagdish Singh and others. Read more