Gold
Morgan Stanley, others acquires 6.8% stake in PNB Housing for Rs 16.64 Bn
Prestige Group acquires 22,135 sq m land in Mira Bhayandar
Prestige Estates Projects has acquired 22,135 sq m of land together with all rights within the jurisdiction of Mira Bhayandar Municipal Corporation, Mumbai. The acquired land will be planned for residential development spanning approximately one million sq ft of carpet area. The cost of acquisition is around Rs 2.91 billion. The company achieved a total sales of Rs 42.26 billion for Q2 FY25, bringing its first half of FY25 sales to Rs 70.52 billion. In terms of sales volumes, it recorded three million sq ft in Q2 with the half year, total reaching 5.87 million sq ft. It sold 1,356 units this q..
About 22 lakh draft documents uploaded, only 5,300 e-khatas issued
Confirming that the e-khata system is floundering, data from Bruhat Bengaluru Mahanagara Palike has revealed that while 22 lakh draft e-khatas are available online, only 5,324 - or, slightly over 0.2% - final e-khatas had been issued till Friday, though the system was launched with much fanfare in early Oct. This, despite the BBMP's e-khata website receiving 54 lakh visits and 6 lakh draft e-khatas being downloaded. The data revealed that only 30,000 people have applied for e-khata, reflecting the multiple problems they are facing while applying. Those with draft e-khatas are eligible to see..
Mumbai Airport's total passenger traffic rises 4% in Oct
Mumbai Airport's total passenger traffic increased 4% year-on-year to over 4.42 million in October, helped by festive travel demand, Mumbai International Airport Ltd (MIAL) said. Chhatrapati Shivaji Maharaj International Airport (CSMIA), the country's second busiest airport – 74% -owned by Adani Group and the remaining 26 per cent by the state-run airports operator AAI -- had handled a total of 4.25 million passengers in October 2023. Significantly, this year, three major festivals -- Dussehra, Dhanteras and Diwali -- fell in October. "CSMIA facilitated travel for over 4.42 million passenger..
