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Showing posts from June, 2022

Court orders attachment of PSPCL XEN’s salary for denial of connection to MM Builders

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Mohali (SAS Nagar):  In what deals a severe blow to the efforts of Punjab Chief Minister Bhagwant Mann to improve the ease of doing business and anti-corruption drive in the state, Punjab State Power Corporation Ltd (PSPCL) is not releasing electricity connection to a commercial entity notwithstanding the directions of the court. The permanent Lok Adalat of SAS Nagar on May 20, 2022, had directed the PSPCL to release the electricity connection to M/s MM Builders, which runs Sky Jumper in  Oxford Street , Zirakpur owned by S M Hotel. The court also ordered the attachment of salary of HS Oberai, XEN, Zirakpur Division, and PSPCL. The court has termed the action of PSPCL as contempt of the orders of the Permanent Lok Adalat. The court order reads - “Despite the orders of this court, the PSPCL is avoiding releasing the connection on flimsy grounds. We are of the considered view that the action of PSPCL amounts to contempt of the orders of this Adalat. Accordingly, before taking any fur

Real estate group AIPL believes in adopting CSR Practices, plans to expand its scope in Punjab

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Chandigarh : Showing its commitment to giving back to the roots and firming up the Corporate Social Responsibility (CSR) ecosystem in Punjab , AIPL (Advance India Projects Limited), one of the most respected real estate developers, has joined hands with charitable organizations like Sikh Humanitarian Society and Shri Guru Granth Sahib Vidya Kendra to impart free education to needy children.   AIPL is perhaps the only realty sector developer which organizes community kitchens on its sites for construction workers and office staff, catering to 2000 plus people every day.   “CSR is very close to our heart. It is an integral part of our mission statement and is non-negotiable. At AIPL, we believe in giving back to society and walking the talk to grow inclusively. We are focusing a lot on expanding the scope of our CSR in  Punjab  where our footprint is majorly increasing due to our delivered, ongoing, and upcoming real estate developments,” said Pankaj Pal, Group Executive Director

AIPL Group to invest Rs 500 crore in Punjab over next 3 years

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Chandigarh : AIPL Group, a leading real estate development entity, is all set to invest Rs 500 crore in  Punjab  over the next three years as a part of its expansion plan in the residential and retail sectors. Giving his views on AIPL's mega expansion plans for Punjab, Pankaj Pal, Group Executive Director, AIPL said, "The investment, will be a befitting testimonial of the post-pandemic green shoots in the realty sector for the region, and will spur the growth of the real estate industry in Punjab and help AIPL to further consolidate itself as a key realty player in the state." An ace housing and commercial infra developer, AIPL Group has so far delivered four projects in Punjab – two residential and two commercial –, and two ongoing projects. Dreamcity Amritsar, a residential project developed and delivered, is spread across 148 acres of land, and Dreamcity, Gobindgarh-Khanna, is spread across 88 acres. At present, over 550 happy families are residing in its propertie