Realty developer Kalpataru has acquired the rights to redevelop a large housing society spread over nearly 4 acres in Mumbai’s western suburb Andheri’s Lokhandwala locality, said persons with direct knowledge of the development. The proposed redevelopment project has a total estimated development of over 8 lakh sq ft including 5 lakh sq ft saleable area with revenue potential of over Rs 2,100 cr.
Open FlipNOIDA: The Noida Authority has filed a review petition in the Allahabad high court, challenging its earlier directive on the execution of the registries for the 330 flats in Lotus 300, a condominium in Sector 107.On Feb 29, an HC bench of justices Mahesh Chandra Tripathi and Prashant Kumar directed the Authority to grant an occupancy certificate and complete the registries.
Open FlipShares of Kotak Mahindra Bank Ltd. have opened 2.1% lower after the lender saw a top-level exit on Tuesday, just a week after the RBI restrictions on onboarding new digital customers and issuing fresh credit cards. KVS Manian, recently elevated as Joint Managing Director, resigned with immediate effect on Tuesday. Brokerage firm Jefferies retained its "hold" rating on the stock.
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