Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Environment Ministry Denies Permission to Lavasa Project

Posted: 15 Dec 2010 01:48 AM PST

The environment ministry on Tuesday refused to lift its “stop-work” order on the controversial hill-city project of Lavasa in Maharashtra and said a final decision in the case will be taken by the month-end after hearing the company again. In an order, the ministry maintained that in view of “lack of clarity” on the [...]

DLF’s Chennai Mall-Cum-Multiplex Project in Trouble

Posted: 15 Dec 2010 01:47 AM PST

DLF has hit a roadblock yet again in its plans to develop a mall-cum-multiplex in Chennai. The company had entered into an agreement with Madras Race Club (MRC) on December 20, 2006 to take over 5.56 acre on a 66-year lease to promote a mall-cum-multiplex in Velachery, south of Chennai. DLF, which outclassed several other bidders [...]

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