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Sobha to invest ₹800 crore in residential project in Greater Noida

Sobha to invest ₹800 crore in residential project in Greater Noida

Time of India19 hours ago

NEW DELHI: Bengaluru-based
Sobha
plans to invest ₹800 crore in its maiden residential project -
Sobha Aurum
in
Greater Noida
.
The company has received
Uttar Pradesh RERA
approval for the project, which will come up in Sector 36.
The project spread over 3.46 acres and have a total development potential of approximately 9.3 lakh sq ft. It comprises two towers with a total of 420 residential units, including 1, 2, 3, and 4 BHK configurations.
Unit sizes range from 739 sq ft for 1BHKs to over 2,300 sq ft for 4BHKs. According to project details, prices begin at ₹1.12 crore for 1BHK units and extend up to ₹3.48 crore for 4BHK apartments.

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Majithia case: Badal dares CM Mann to prove foreign funding by Saraya Industries
Majithia case: Badal dares CM Mann to prove foreign funding by Saraya Industries

Hindustan Times

time34 minutes ago

  • Hindustan Times

Majithia case: Badal dares CM Mann to prove foreign funding by Saraya Industries

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Time of India

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Big remittance cheer for NRIs! US Senate draft of Donald Trump's ‘One Big Beautiful Bill' reduces remittance tax to 1% from 3.5%; details here

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SAD chief Sukhbir Singh challenges CM Mann to prove disproportionate assets case against Majithia
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New Indian Express

time41 minutes ago

  • New Indian Express

SAD chief Sukhbir Singh challenges CM Mann to prove disproportionate assets case against Majithia

CHANDIGARH: Shiromani Akali Dal (SAD) president Sukhbir Singh Badal on Saturday challenged Punjab Chief Minister Bhagwant Mann to prove that Saraya Industries Limited, in which his brother-in-law and senior party leader Bikram Singh Majithia had an inherited share of eleven percent, had received even one rupee in foreign funding from 2007 to the present time. Badal was denying allegations made in the Disproportionate Assets (DA) case registered against Majithia by the Punjab Vigilance Bureau. Badal claimed the party had "conclusive proof of the alleged corrupt acts of Bhagwant Mann and his wife Dr. Gurpreet Kaur." The SAD chief stated, "The only foreign funding received by Saraya Industries was in March 2006 (one year before SAD formed government in the state) when it received Rs 35 crore from United States-based Clearwater Corporation in exchange for 25 percent shares in the company. Majithia entered politics only in 2007." He asserted that Clearwater Corporation, which had offices in several countries, had invested Rs 50,000 crore globally. "All money invested by this company through the NBFC in Saraya Industries was done after due clearance from the Reserve Bank of India (RBI) and approval of the Foreign Investment Promotion Board (FIPB)."

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