Delhi High Court directs DDA to investigate illegal residential plot dealings in the city. A PIL filed by a Delhi resident prompted the order, alleging illegal sale and purchase of plots allotted under DDA schemes.
A prosecution witness in the 2G spectrum case testified that real estate firms were not barred from applying for UAS licenses, and Parsvnath Developers' application was rejected.
Indiabulls Real Estate has received approval for the amalgamation of Indiabulls Power Services (IPSL) with Sophia Power. The company will be allotted equity shares in Sophia based on a predetermined share exchange ratio.