#HDIL

[thetaxguyin]

ED Provisions: Immovable Properties Worth ₹43.84 Crore Attached in PMLA Cas

The Enforcement Directorate (ED) in Mumbai recently made a significant announcement regarding the provisional attachment of immovable properties, including several floors of Hotel One Continent in Hyderabad. Valued at ₹43.84 crore, these properties have been provisionally attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, in connection with a loan fraud case…

[postsofbabel]

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[houssed]

The Virar Project: Elevating Lifestyle Standards

In the field of urban development, the Virar Project is a shining example of creativity and advancement. Tucked away among the busy downtown, this massive project aims to reshape the urban landscape by combining modernism and sustainability. The Virar Project lays forth a vision of a dynamic metropolis where people may develop and prosper, with an emphasis on building vibrant neighbourhoods, improving infrastructure, and promoting economic progress.

About Virar, Palghar

Virar, located in the Palghar division of the Vasai-Virar Municipal Corporation, is one of the oldest settlements in Mumbai. One of the state's oldest neighborhoods, it has well-planned communities full of intelligent, well-educated people.

Numerous communities surround Virar, adding to its lively community. Notable neighborhoods in the area include Bolinj, Agashi, Arnala, and Nalasopara.

Virar is well-known for its picturesque beaches and historical sites, drawing both residents and visitors for leisurely walks and relaxation. Virar Wetlands, Arnala Beach, Arnala Fort, Mamchi Wadi Beach, and St. Peter's Church are a few.

Why You Should Invest in Virar Project?

Over the past ten years, the area has seen an unstoppable increase in the cost of real estate. In Virar apartments typically cost Rs. 8,100 per square foot. The price trend indicates that it is beneficial to acquire real estate for sale in Virar as well as to sell houses or apartments. At the best prices, investors might find excess alternatives in residential and retail real estate.

A reliable indicator is the most recent price trend in Virar. In other words, Virar property rates increased by 6.78% in the previous year, 18% in the next three years and 20% in the following five.

Price Trends in Virar

Here is the statistical data to understand the price trends in Virar, Palghar.

Disclaimer: All the prices mentioned above rely on data collected from various sources. There is no assurance of accuracy, reliability, and completeness. Price may alter, so information should be confirmed independently.

Top 5 Reasons to Invest in Virar Project

1: Perfect Location

Palghar's Virar is a cosmopolitan neighbourhood. It was formerly a well-liked vacation spot with many consequences, which led to the establishment of the Vasai-Virar Municipal Corporation. It has demonstrated how vacation houses, homestays, and resorts have grown. For the satisfaction of its occupants, housing facilities offer the greatest municipal amenities and conveniences. Virar is a great place to invest since it offers a variety of art, music, dance, sports instruction, and other activities for both adults and children inside the society.

2: Top Residential Projects and Developers

Top developers have made Virar an excellent place to live and invest. The following are a few well-known Virar projects and developers:

Rustomjee Avenue by Rustomjee

Joyville Virar by Shapoorji Pallonji Real Estate

Mayfair The Promenade by Mayfair Group

Mehta Gokul Aura by Mehta Group

Wadhwana Blu Pearl by Wadhwana Builder

3: Employment Opportunities

The real estate needs of Virar attract citizens and migrant investors through a wide range of employment opportunities. The region is home to well-known IT and business parks, like L&T, Symphony, Lodha Supremus Powai, Boomerang, etc. The HDIL Industrial Park is the foremost of its category in the area. The park's pleasing comforts and easy connectivity attract residents and settlers for rewarding professions and careers.

4: Bellowing Commercial and Social Areas

Virar has outstanding social infrastructure, guiding education centres, healthcare options, restaurants, and recreational spaces.

5: Ease of Connectivity

From Virar, the Western Express Highway is easily accessible. There will be substantial metro and road connection between Virar and Alibaug thanks to the Virar-Alibaug Corridor project.

The Virar train station is located 4.2 km from Virar and can be reached in 10 minutes via Agashi Road.

Arnala Beach is located 3.7 km from Virar via Navarput-Umbergothan Road. It serves as a vital conduit for connection in the region as well.

On the Mumbai Suburban Railway's Western Line, Virar is a well-known train stop.

Major railway stations in Mumbai, such as Churchgate, Dadar, Bandra, Andheri, and Borivali, are connected to Virar by this line.

Agashi Road takes 12 minutes to go from Virar to Virar Wetlands, which is 5.2 kilometers away.

Virar has easy access to the Mumbai-Ahmedabad Highway (NH 8), and it is connected to other sections of the City via the Western Express Highway (NH 48). This route connects Virar to Mumbai and other Maharashtran towns, enabling easy road travel.

[blogynews]

"Exclusive: Shocking Twist in Rakesh Wadhawan Medical Bail Case ─ What Forced Bombay HC to Deny Bail?"

Mumbai: The Bombay High Court has rejected the request for medical bail from Rakesh Wadhawan, the promoter of Housing Development Infrastructure Ltd (HDIL) and a key accused in a money laundering case connected to the Punjab and Maharashtra Co-operative (PMC) Bank Ltd fraud case. Wadhawan and his son Sarang are accused of securing fraudulent loans amounting to Rs 2,558 crore from PMC Bank and…

[blogynewz]

"Exclusive: Shocking Twist in Rakesh Wadhawan Medical Bail Case ─ What Forced Bombay HC to Deny Bail?"

Mumbai: The Bombay High Court has rejected the request for medical bail from Rakesh Wadhawan, the promoter of Housing Development Infrastructure Ltd (HDIL) and a key accused in a money laundering case connected to the Punjab and Maharashtra Co-operative (PMC) Bank Ltd fraud case. Wadhawan and his son Sarang are accused of securing fraudulent loans amounting to Rs 2,558 crore from PMC Bank and…

[blogynewsz]

"Exclusive: Shocking Twist in Rakesh Wadhawan Medical Bail Case ─ What Forced Bombay HC to Deny Bail?"

Mumbai: The Bombay High Court has rejected the request for medical bail from Rakesh Wadhawan, the promoter of Housing Development Infrastructure Ltd (HDIL) and a key accused in a money laundering case connected to the Punjab and Maharashtra Co-operative (PMC) Bank Ltd fraud case. Wadhawan and his son Sarang are accused of securing fraudulent loans amounting to Rs 2,558 crore from PMC Bank and…

[best2daynews]

PMC Bank scam: SC stays HC order on sale of HDIL assets

The Supreme Court on Friday stayed the Bombay High Court order on the sale of the bankrupt Housing Development and Infrastructure Ltd (HDIL) as a measure to facilitate the repayment of dues of crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank.

[rnewspost]

'Wadhawans not arrested in Sanjay Raut case because...': ED tells Bombay HC

Embroiled in multiple scams, including money laundering cases, HDIL promoters Sarang Wadhawan and Rakesh Wadhawan were booked by the Central Bureau of Investigation (CBI) in October 2020. Mumbai,UPDATED: Feb 18, 2023 18:49 IST Probe agency told Bombay HC that Wadhawans were not arrested in Sanjay Raut’s case. (Representational Image) By Vidya : The Bombay High Court on Saturday questioned the…

[happyharmonypuppy]

#FireBreakoutatHDILKurla कुर्ला के एचडीआईएल #कोहिनूरसिटी में आग, बुजुर्ग की मौत https://insightnewsstories.com/?p=7563/Fire-in-Kurla's-HDIL-Kohinoor-City-old-Women-dies-efforts-to-extinguish-the-fire-is-continue #Fire #Mumbai #FireBreakourAtKurlapremirCompound

[breadcrumbstoons]

PMC bank and HDIL web now being investigated by ED.

[aksarnews]

RBI Extends Restrictions On PMC Bank Till March 31, 2022

RBI Extends Restrictions On PMC Bank Till March 31, 2022

RBI has extended restrictions on PMC Bank till March 31, 2022 Mumbai: Restrictions on Punjab and Maharashtra Cooperative (PMC) Bank have been extended for another three months till March 31, 2022. Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the takeover of the crisis-hit bank by the Delhi-based Unity Small Finance Bank (USFB) is in…

[houssed]

Under Construction Projects in Virar West

Discover a wide range of under construction projects in Virar West that are reshaping the vibrant area. Infrastructure development in Virar West is booming, from residential complexes to commercial centres. Discover the emerging developments with Houssed, your first port of call for locating the ideal location in this bustling neighbourhood. With Houssed, choose your ideal home and make an investment in Virar West's future right now!

Virar West, Palghar

One of Mumbai's oldest communities is Virar West, which is part of the Vasai-Virar Municipal Corporation's Palghar district. Among the oldest neighbourhoods in the state, it has well-kept neighbourhoods populated by knowledgeable, well-educated individuals.

Virar West is surrounded by several settlements, which contributes to its vibrant community. The region is home to several notable neighbourhoods, including Bolinj, Virar East, Agashi, Arnala, and Nalasopara.

Both locals and tourists are drawn to Virar West for its charming beaches and historical landmarks, which are ideal for leisurely strolls and relaxation. A few include Arnala Fort, Arnala Beach, Virar Wetlands, Mamchi Wadi Beach, and St. Peter's Church.

Why Should You Invest in New Construction in Virar West?

The cost of real estate in the neighbourhood has been steadily rising over the last 10 years. Apartments in Virar West often cost Rs. 8,100 per square foot. The pricing trend suggests that buying Virar West real estate for sale is advantageous in addition to selling homes or flats. Investors may discover extra options in residential and retail real estate at the greatest pricing.

A reliable indicator is the most recent price trend in Virar West. The preceding year saw a 6.78% growth in new development in Virar West, followed by increases of 18% in the next three years and 20% in the next five.

Price Trends in Virar

Below is the statistical data to understand the price trends in Virar, Palghar:

Disclaimer: Each price shown above is based on data that has been compiled from several sources. There is no warranty as to the accuracy, completeness, or truthfulness. Since the price might fluctuate, it is best to confirm the information again.

Top 5 Reasons to Invest in New Construction in Virar West

1: Perfect Location

Virar West in Palghar is a multicultural suburb. It was formerly a popular holiday destination with several repercussions, which prompted the creation of the Vasai-Virar Municipal Corporation.

It has illustrated the growth of holiday rentals, homestays, and resorts. Housing facilities provide the best municipal amenities and conveniences for the comfort of its tenants. With a wide range of art, music, dance, sports education, and other activities available to both adults and children within the community, Virar West is an excellent area to invest.

2: Top Residential Projects and Developers

Virar West is becoming an amazing area to live and invest in thanks to top developers. A few well-known Virar West projects and developers are as follows:

Rustomjee Avenue by Rustomjee.

Joyville Virar by Shapoorji Pallonji Real Estate.

Mayfair The Promenade by Mayfair Group.

Mehta Gokul Aura by Mehta Group.

Wadhwana Blu Pearl by Wadhwana Builder.

3: Employment Opportunities

The real estate needs of Virar West attract both local people and migrant investors because of the abundance of work opportunities. The neighbourhood is home to well-known business parks and IT facilities, such as Boomerang, Symphony, Lodha Supremus Powai, L&T, etc. The HDIL Industrial Park is the greatest of its kind in the area. Those seeking rewarding careers are drawn to the park by its handy location and cosy facilities.

4: Commercial and Social Areas

Excellent social infrastructure, such as dining options, parks, medical facilities, and educational establishments, can be found in Virar West.

5: Ease of Connectivity

The Western Express Highway is easily accessible from Virar West. The Virar-Alibaug Corridor project will provide a significant metro and road connectivity between Virar and Alibaug.

Arnala Beach is situated 3.7 km from Virar West along the Navarput-Umbergothan Road.

Agashi Road goes 4.2 km, or 10 minutes' drive, from Virar West to the Virar train station. It is an essential means of communication in the area.

A popular train station on the Western Line of the Mumbai Suburban Railway is Virar West. This line connects Virar West to major railway stations in Mumbai, including Churchgate, Dadar, Bandra, Andheri, and Borivali.

The 5.2 km trip on Agashi Road to Virar West and Virar Wetlands takes 12 minutes.

Virar West and other parts of the City are connected by the Western Express Highway (NH 48).

The Mumbai-Ahmedabad Highway (NH 8) is conveniently accessible from Virar West. Easy road travel is made possible by this route, which links Virar West to Mumbai and other Maharashtran cities.

[rimestimes]

Listen to thew brand new re-imagined version of LeAnn's global hit How Do I Live.

[weelectronicstudentreviewstuff]

Yes Bank founder Rana Kapoor arrested by ED in HDIL group case

Yes Bank founder Rana Kapoor arrested by ED in HDIL group case

Image Source : PTI Yes Bank founder Rana Kapoor  The Enforcement Directorate (ED) has arrested Yes Bank’s former Chairman Rana Kapoor in an alleged money-laundering case pertaining to the probe in a HDIL group company, official sources said on Wednesday. Currently in jail in the DHFL case, Kapoor – who has been sent to ED custody till January 30 – had allegedly sanctioned a Rs 200 crore loan to…

[harpianews]

Punjab and Maharashtra Co-operative Bank gets a new administrator

Punjab and Maharashtra Co-operative Bank gets a new administrator

MUMBAI: Reserve Bank of India (RBI) has appointed former Union Bank of India general manager AK Dixit as the new administrator of the beleaguered Punjab and Maharashtra Co-operative Bank (PMC) as the present administrator JB Bhoria is stepped down on September 22 due to health reasons.

PMC was placed under RBI directions on September 23, 2019, after its NPAs rose sharply due to loans given to…