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JLL facilitates 53-acre prime land transaction for IRA Realty at Hyderabad


April 28, 2021
Valuation creation of ₹1,000 crore expected
Real estate consultant JLL India has announced the successful closure of a deal with Hyderabad-based Developer, IRA Realty Tech, for a 53 acre-land parcel at Shamshabad in Hyderabad.
JLL engineered a combination of sale as well as joint development agreement with a few HNIs (family owned property) for this prime land parcel.
“In the period between 2006-2008, Shamshabad real estate boom was led by speculators largely and not by end-customer and hence the real estate growth could not last long but since 2018 onwards Shamshabad has seen a rise in end customers demand and developers’ interest due to its proximity and direct access to commercial hubs. In the past two years, Shamshabad residential projects as well as plot development projects have seen a significant uptake thereby attracting developers to hold a large chunk of land in this micro market,” said Sandip Patnaik, MD & Head, Telangana and Andh ....

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CISF personnel nab two passengers with gold worth Rs 30 lakhs at RGI Airport


Updated Apr 09, 2021 | 20:24 IST
The two were caught on Thursday after sub-Inspector Rajender Singh of the CISF noticed found the walking style of one of the two passengers quite abnormal as they were approaching for frisking.
Representational picture  |  Photo Credit: PTI
Hyderabad: Two passengers were nabbed at the Rajiv Gandhi International airport by CISF personnel. These passengers were caught with gold in paste form. The yellow paste that was recovered from them weighed 1.14 kg and the weight of the gold extracted from the paste is about 626.40 grams. The gold is said to be worth 30 lakhs.
The passengers have been identified as Mohd Maroof and Mohd Tarik and were handed over to the Customs for further investigation. The gold recovered from them was also given to the Customs department. The two were caught on Thursday after sub-Inspector Rajender Singh of the CISF noticed found the walking style of one of the two passenger ....

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