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Monthly Archives: September 2019

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Ascendas India aims to operate 8 million sq ft in Pune...

The fresh investment in Pune comes after Ascendas India said all of its 3.5 million sqft of office space in the city was fully occupied. PUNE: Business space solution provider Ascendas India plans to double the IT office space it builds and operates in Pune in the next 3-4 years, as it looks to tap into a growing need. The fresh investment in Pune comes after Ascendas India …

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UP-RERA begins audit of all 3C Company’s sites

Insolvency resolution proceedings are already on at Lotus Panache, Boulevard and Zing. UP-Rera officers said they had started ground inspections of all 3C projects to see if construction work was in progress at the sites. NOIDA: UP-Rera, the state’s real estate regulator, has begun an audit of all construction sites the belong to the 3C Company, whose subsidiary Granite Gate — the firm behind the …

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HDFC moves NCLT to sell office space leased to Jet Air...

The NCLT wants to consider whether there are any parties who have submitted an expression of interest and whether the resolution professional (RP) of Jet Airways has found these acceptable or compliant. MUMBAI: HDFC has filed an application in the National Company Law Tribunal (NCLT) for permission to sell office space at the Bandra Kurla Complex (BKC) in Mumbai, which was lying unutilised and had been …

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NCLT asks why IRP should not be initiated against Ansa...

The order relates to Sushant Megapolis, a project situated in Greater Noida, where the buyer had booked a plot. The project is yet to be delivered. NEW DELHI: The National Company Law Tribunal (NCLT) Delhi on August 19 issued a show-cause notice to Ansal Hi-Tech Township asking why the corporate insolvency resolution process be not initiated against them. The court asked the company to …

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