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.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

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NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..