THURSDAY, 3 SEPTEMBER 2026
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DLF gets green nod for ` 240 cr Panaji project

India's largest realty firm DLF has received the environment clearance for its Rs 240 crore commercial project which is to come up in Patto-Panaji.


NEW DELHI

The proposed commercial complex, to be constructed on a 18,120 square meter plot, would have eight small screen multiplexes for small gatherings and it will be the first of its kind in Goa.
The DLF's proposal was first vetted by a green panel and based on its recommendations the Union Environment Ministry has given the final green clearance, said the EC letter issue to the
company.
The clearance has been given subject to certain conditions, it added.
The cost of the project is estimated to be Rs 240 crore.
The eight-floor complex would comprise of retail shops, offices, retail food court apart from multiplex.
The company in its proposal said there is no court case pending against the proposed project.
Meanwhile, on bourses, the stock gained 2% at Rs 196.75 per share at 1520 hours on BSE attracting a total traded quantity of 7.87 lakh shares.
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Big retirement benefit for Pvt sector employees

The Centre on Tuesday approved an amendment bill that seeks to double tax-free gratuity for formal sector employees to Rs 20 lakh.

PTI
Published Sep 13, 2017, 7:18 PM IST
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NEW DELHI "The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to introduction of the Payment of Gratuity (Amendment) Bill, 2017, in Parliament," an official statement said. The amendment will put the maximum limit of gratuity of employees of the private sector as well as public undertakings and autonomous organisations under the government who are not covered under Central Civil Services (Pension) Rules, at par with central government…

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