Gold
NBCC Sells Delhi World Trade Centre Space for Rs.905M
Delhi HC Orders NBCC to Refund Homebuyer
The Delhi High Court has ruled in favour of a homebuyer, directing the National Buildings Construction Corporation (NBCC) to refund Rs 7.6 million along with interest. The decision comes as a relief to the homebuyer, who had filed a petition seeking the refund of the amount paid towards the purchase of a property.
The court's order highlights the importance of protecting the rights of homebuyers and ensuring accountability among real estate developers. The ruling also underscores the significance of adhering to regulatory guidelines and fulfilling commitments made to customers.
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Delhi HC Orders NBCC to Refund Homebuyer
The Delhi High Court has ruled in favour of a homebuyer, directing the National Buildings Construction Corporation (NBCC) to refund Rs 7.6 million along with interest. The decision comes as a relief to the homebuyer, who had filed a petition seeking the refund of the amount paid towards the purchase of a property.
The court's order highlights the importance of protecting the rights of homebuyers and ensuring accountability among real estate developers. The ruling also underscores the significance of adhering to regulatory guidelines and fulfilling commitments made to customers.
T..
NBCC secures contracts valued Rs 450 crore in Chhattisgarh and Kerala
National Buildings Construction Corporation Limited (NBCC), a Government of India undertaking, has recently clinched contracts worth Rs 450 crore in the states of Chhattisgarh and Kerala. These contracts signify NBCC's continued commitment to infrastructure development across various regions in the country.
In Chhattisgarh, NBCC has been awarded a contract worth Rs 150 crore for the construction of government medical colleges in Raigarh and Ambikapur. These medical colleges are integral to bolstering the healthcare infrastructure in the state, addressing the growing need for quality med..
IL&FS Requests New MMRDA Nod for Mumbai HQ Transfer
IL&FS has sought renewed approval from the Mumbai Metropolitan Region Development Authority (MMRDA) to transfer its headquarters within Mumbai. This move indicates IL&FS's commitment to navigating regulatory requirements amid ongoing restructuring efforts.
IL&FS's request for new approval underscores its determination to ensure compliance with all necessary regulations and expedite the headquarters transfer process. It reflects the company's efforts to streamline its operations and address administrative challenges as part of its restructuring endeavours.
The need for fresh appro..
Malaysian Carbon Credit Auction Begins July
In a significant move towards environmental sustainability, Malaysia's carbon exchange will host its first local carbon credit auction in July. This event marks a pivotal step in the nation's commitment to reducing carbon emissions and fostering a green economy.
The Malaysian carbon exchange aims to provide a structured marketplace for carbon credits, where companies can buy and sell these credits to offset their carbon footprints. This initiative aligns with global efforts to mitigate climate change by encouraging businesses to adopt more sustainable practices.
The auction w..
