NEW DELHI: Indiabulls Real Estate Ltd (IBREL) has raised Rs 865 crore through issue of shares to institutional investors. The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and closed it on April 12. In a regulatory filing, IBREL said that the fund raising committee of the board of directors, […]
GURUGRAM: Residents of Chintels Paradiso, where a cave-in claimed two lives on February 10, accused the district authorities of dragging their feet on submitting all the documents that would help IIT-Delhi to complete the structural audit of the buildings. Citing an interim report submitted by the IIT, the residents said neither the Gurgaon administration nor […]
Almost four decades after developing Rohini as one of the three sub-cities in the national capital, the Delhi Development Authority (DDA) has now decided to develop commercial spaces lying unused for years, and have initiated steps to appoint a consultant to carry out a study and prepare a detailed plan for the vacant land parcels. […]
The Gurugram Metropolitan Development Authority (GMDA) will get 150 crore of external development charges (EDC) from the department of town and country planning (DTCP) this month, which will help speed up infrastructure projects in the city, said officials on Thursday. CEO of GMDA Sudhir Rajpal held a meeting with officials from DTCP on Tuesday, where […]
The Yamuna Expressway Industrial Development Authority (Yeida) approved the Noida international airport’s development plan, officials said Thursday, paving the way for work to be accelerated at the site. According to officials, the development plan was approved at the Noida International Airport Limited’s (NIAL) board meeting that was held in Lucknow on Wednesday and was attended […]
Despite extending the window for applying for flats under the Delhi Development Authority (DDA)’s latest housing scheme, launched in January this year, the response has been muted with only 22,000 applications being received for the more than 18,000 flats on sale. The draw of lots for eligible applicants will be held on April 18, the […]
Delhi lieutenant-governor (l-G) Anil Baijal reviewed the draft Master Plan on Monday in the advisory council meeting after DDA made a few changes in the draft plan by incorporating the suggestions/objections received from the public. The draft Master Plan of Delhi 2041 (MPD-2041), which was put up for public scrutiny on June 9 last year, […]
Noida is set to see test blasts to raze down the illegally built Supertech twin towers on Sunday afternoon. The Edifice Engineering and Jet Demolitions has been roped in by the Noida authority, and the residents living nearby have been asked to stay indoors. A test or trial blast is required to determine the exact […]
A test blast before actual demolition of the illegal Supertech twin towers in Noida was successfully carried out at 2.30pm, officials said on Sunday. Experts now estimate that they might need more time to prepare the building for demolition, which could take place after the May 22 deadline mandated by the Supreme Court. The exercise […]
A group of apartment owners of Chintels Paradiso held silent protests at different government offices, including the mini-secretariat, police commissionerate, and at the condominium on Sunday to mark two months of the multiple ceiling collapse in Tower D of the condominium that killed two residents. Two months after the February 10 incident forced 35 families […]
GREATER NOIDA: The Greater Noida authority has hiked the land allotment rates for all properties–residential, industrial as well as IT plots–for the 2022-23 fiscal, which will be applicable retrospectively from April 1 onwards, officials said Wednesday. While the hike for different categories of residential properties is upto 25% (the hike for category A is 17%, […]
The department of town and country planning (DTCP) on Saturday said the structural audit report of NBCC Green View complex in Sector 37 D submitted by a committee of experts from IIT Roorkee and Central Building Research Institute (CBRI) has determined that the buildings in the condominium are structurally unsafe and not fit for habitation. […]
