Gulab Tower Residents Face Rs 79 Crore Deadline Amid Legal Battle

04 Dec 2023 CW Team

In a landmark ruling, the Gujarat High Court has decreed that residents of the iconic Gulab Tower must settle a substantial Rs 79 crore financial obligation by December 31, adding a new layer of complexity to their ongoing legal entanglements related to land disputes and ownership. This legal directive not only places a formidable financial burden on the tower's occupants but also raises pertinent questions about the long-term sustainability of their residency in this architectural landmark. The intricacies of the legal battle involve contested claims over land ownership, further complicating the residents' predicament. The looming deadline intensifies concerns about the immediate future of those residing in Gulab Tower, as they grapple with the dual challenges of financial strain and uncertain housing prospects. As the legal saga unfolds, residents find themselves navigating uncharted territory, hoping for a resolution that safeguards their interests and secures the future of their beloved community.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

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Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..