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Supertech’s Twin Tower: Homebuyers’ interest will be protected, says SC, directs to file claims

The Supreme Court on Monday said it will protect the interest of home buyers of 40 storey twin-towers of Emerald Court project of real estate developer Supertech Ltd, which has been now declared bankrupt by NCLT and directed them to file by April 15 their claims for refund of payments. Realty firm Supertech Ltd informed […]

Haryana RERA to formulate guideline for handing over of projects to RWAs

Haryana Real Estate Regulatory Authority (HaRERA) will come up with a detailed guideline for handing over of projects to RWAs, formation of RWAs and obligation of builders. The authority in partnership with other departments is organising a conclave on RWAs to make them aware of the existing Act.“Lack of knowledge of provisions related to Association […]

Delhi civic bodies planning to demolish over 2,600 unauthorised colonies : Manish Sisodia

NEW DELHI: Delhi deputy chief minister Manish Sisodia on Thursday alleged that the BJP, which is ruling the three civic bodies here, was planning to raze constructions in 1,750 unauthorised irregular and 860 slum colonies. Addressing a press conference here, Sisodia also said the BJP-ruled municipalities — south, north and east — had issued notices […]

Delhi HC orders Indiabulls housing to reconcile project loan accounts of Supertech

The Delhi High Court has asked Indiabulls housing finance to reconcile the project loan accounts of all Supertech Group Companies and to decide refund any amount overpaid to it. Realty developer has alleged that they have paid extra amount to Indiabulls and want to financial institution to return the amount and clear the project so […]

India’s Grade A office market is likely to touch 1.2 billion sq ft by 2030: JLL

NEW DELHI: The office segment in India has been one of the fastest to recover from the impact of the pandemic. The Grade A office market across the top seven cities is poised to grow to over billion sq ft in size by 2026, according to JLL. In the post-Covid world, the flex space segment […]

Demolitions in Shaheen Bagh today on SDMC’s action plan

After being denied police permission to carry out anti-encroachment drives in south-east Delhi twice last week, the Bharatiya Janata Party (BJP)-led South Delhi Municipal Corporation (SDMC) has now planned to carry out demolitions in Shaheen Bagh on Thursday as part of a new fortnight-long plan against illegal structures, as per documents seen by HT. A […]

Clear stand on Sainik Farm, says Delhi HC

NEW DELHI: Delhi high court has expressed dismay at the delay by authorities in taking a decision on the status of Sainik Farm, saying it has left owners and residents of the area in a “Trishanku” state. The HC pointed out that the matter of regularisation of Sainik Farm has been pending for nearly seven […]

Haryana RERA issue arrest warrants against Ansal Housing Corporation directors

GURUGRAM: The Haryana Real Estate Regulatory Authority has issued arrest warrant against directors of Ansal Housing Corporation for their alleged failure to deliver the housing units on time and not refunding the amount to allottees. “To reiterate the probity and responsibility of obeying and respecting the rules framed for better and smooth functioning of the […]

New Ghaziabad civic body panel rejects proposal for hike in house tax

GHAZIABAD: The newly formed executive committee of the Ghaziabad Municipal Corporation has rejected the civic body’s proposal to hike house tax and referred the matter to the Board. d. The committee has, however, cleared the corporation’s proposed budget of Rs 1367.82 crore for the financial year 2022-23. The budget will now be presented before the […]

Large gatherings banned in UP’s Gautam Buddha Nagar near Delhi over Covid

Large gatherings have been banned in Uttar Pradesh’s Gautam Budh Nagar district, which is close to Delhi, to control the spread of coronavirus, with the imposition of section 144 of the Code of Criminal Procedure (CrPc). With the fresh curbs, more than four people cannot gather in a public place. The restrictions also come ahead […]

Ghaziabad municipal corporation brings in new property tax regime

The Ghaziabad municipal corporation is gearing up to implement the new property tax structure, the proposal of which will be presented before the executive committee in a meeting scheduled on Friday. According to the new tax structure, different colonies have been clubbed together based on per square feet of rental values on carpet area and […]

Ghaziabad Development Authority okays Master Plan-2031

The Ghaziabad Development Authority (GDA) board in its meeting held in Meerut on Saturday has approved the draft of the new Master Plan-2031 for Ghaziabad city, Loni and Modinagar/Muradnagar. The board also approved a public-private partnership (PPP) model for ropeway projects in Ghaziabad city. The board meeting was chaired by Surendra Singh, the divisional commissioner, […]

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