YEIDA is set to revise its e-auction policy to ensure robust competition between bidders and avoid potential losses due to single applicants. The new policy will require a minimum of two bidders in the third round for land allotment or project contracts.
Bayview Projects LLP, led by filmmaker Boney Kapoor, to lay foundation stone for Film City project near Noida international airport between June 22-24. Construction set to start on 230 acres in Sector 21 off the Yamuna Expressway. Project includes filming facilities, film institute, and commercial development. Expected completion in three years.
The spate of accidents in South Goa continues unabated; Navy lieutenants on a two-day road trip to Goa die on the spot in self-accident; in a separate mishap Navelim youth riding pillion on two-wheeler succumbs to injuries
Suraksha Group's resolution plan for Jaypee Infratech Limited (JIL) approved by NCLAT, paving the way for construction on stalled projects in Noida. Update on payments for farmers' compensation and progress on ongoing projects included.