In the first part of our expose titled ‘Dabolim Airport Land Acquisition Scam’ through our investigations we revealed the dubious circumstances around which land in the final stages of acquisition for the AAI Airport parking facility was de-notified.
Mormugao Planning and Development Authority issued a letter to Bernard D’Costa titled ‘Your application under inward No 1542 dated 7/2/2011.
As early as 2007, Goa government agrees to acquire land, notifies land for acquisition to be given to Airports Authority of India for Airport parking facility.
The missing files of Aldeia de Goa throws open serious doubts on the Government authorities.
Targeted developers for new building technology created by International Steel Structures (ISS) to be showcased in India were announced by Global Housing Alliance (GHA), the company in charge of licensing the technology.
Initially the Chief Minister of Goa owing to the pressure brought on by the GBA decide to stand firm against the project and even got the Additional Collector – North Goa to issue of ‘Stop-Work’ order.
Confederation of Real Estate Developers Association of India on Wednesday, August 10, said the property prices would surge if the draft Land Acquisition Bill proposed by the Rural Development Ministry came into force.
Government of Goa continued to go soft on the developer despite of objections by the administration, NGOs and the civil society.
Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.
As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.