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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, March 28, 2009

Delhi Development Authority Advances Rs 100 Crore to Emaar-MGF

2010: DDA gives Rs 100 cr to Emaar
Expressindia.com - New Delhi, India
The 
prestigious Commonwealth Games Village project, struggling to touch the finishing line under its cash-strapped prime promoter Emaar-MGF, is finally looking at financial succour from the Delhi Development Authority (DDA).
In a meeting on March 13, sources said, Lieutenant Governor Tejendra Khanna directed DDA — the project's other stakeholder — to advance Rs 100 crore to Emaar so that work at the site could continue unabated. ...

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