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Gurugram: NBCC Green View buyers meet deputy commissioner seeking refund

GURUGRAM: With no resolution even after vacating their homes in March this year, homebuyers of NBCC Green View in Sector 37D met the deputy commissioner on Monday and sought that the matter of pending refunds of their flats be placed in the next district grievance redress committee meeting. The buyers alleged that the developer hasn’t […]

Greater Noida: Himalaya Pride residents allege tower E blocks walkway

GREATER NOIDA: Residents of the Himalaya Pride society in Greater Noida have alleged that the builder blocked their walkway, made two floors on it between towers A and B and named it tower E. As a result, they have to walk 100 metres extra every day. While they have complained to the Greater Noida Authority, […]

Delhi: MCD issues circular on prior intimation on transaction of properties by officials

NEW DELHI: The Municipal Corporation of Delhi has issued a circular advising its officials to be “prompt” in giving prior intimation and obtaining prior sanction of the authorities in respect of transaction of any immovable or movable property. As per the circular issued by the central establishment department of the MCD, any failure to abide […]

Gurugram: IIT-Delhi submits Chintels Paradiso tower D’s final audit report

GURUGRAM: The final report on structural audit of tower D of Chintels Paradiso, where living rooms of five flats collapsed vertically killing two women on February 10, has been submitted to the district administration by IIT-Delhi. The district administration and department of town and country planning (DTCP), after the cave-in at the Sector 109 society, […]

Delhi: MCD issues circular on prior intimation on transaction of properties by officials

NEW DELHI: The Municipal Corporation of Delhi has issued a circular advising its officials to be “prompt” in giving prior intimation and obtaining prior sanction of the authorities in respect of transaction of any immovable or movable property. As per the circular issued by the central establishment department of the MCD, any failure to abide […]

Haryana RERA orders forensic audit in ILD Arete housing project case

GURUGRAM: The Real Estate Regulatory Authority (RERA) Gurugram has ordered a forensic audit in the ILD Arete housing project case. The authority also issued a show cause notice to the promoter to furnish details by October 4 failing which the RERA will impose a penalty of Rs 50000 per day, according to an order. “The […]

YEIDA issues notices to ATS Group & Supertech to deposit Rs 332.6 crore in two weeks

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has issued notices to ATS Group and Supertech to deposit Rs 332.6 crore in two weeks so that farmers can be paid additional compensation. If the developers fail to deposit the amount, YEIDA will recover it by cancelling the lease deed of lands allotted to them under […]

K Raheja Corp acquires 1.5-acre land in Mumbai’s Sion for Rs 120 crore

Realty developer K Raheja Corp has acquired an over 1.5-acre land parcel in central Mumbai’s Sion locality from a public charitable trust K J Somaiya Trust for over Rs 120 crore. An additional 0.4-acre land parcel adjoining this plot will also be acquired by the developer through a separate transaction later, as per the terms […]

Gurugram: 95% guesthouses illegal, most in licensed colonies, says survey

GURUGRAM: More than 95% of around 2,500 guesthouses in Gurugram are illegal, TOI has learnt. These guesthouses are mainly concentrated within the licensed colonies of DLF phases 1, 2 and 3, Suncity, Palam Vihar, Sushant Lok, sectors 45, 46 and 47, and South City-I. The department of town and country planning (DTCP) has, meanwhile, completed […]

Noida: Five years & over 100 hearings but many Jaypee buyers no closer to flats

NEW DELHI: In January 2010, Puja Mehrish booked an apartment in Jaypee Infratech Ltd’s (JIL) Klassic Heights for which she took a loan. She was assured of possession in June 2013 but is still living in a rented place, while also paying EMIs. There are others like Col SK Gupta, who had booked an apartment […]

New York Life Insurance to invest Rs 196 crore in a commercial project of Max Estates in Noida

New York Life Insurance Co, US based mutual life insurance company, has proposed to invest Rs 196 crore for a 49% equity stake in a commercial project of Max Estates’ SPV in Noida. The land spread across 4 acre in Sector 129, Noida was acquired by Max Estates, the real estate arm of Max group, […]

Larsen & Toubro subsidiary inks pact to transfer 15 acres of land to Brookfield

Infrastructure major Larsen & Toubro’s subsidiary L&T Metro Rail (Hyderabad) has entered into a pact with Brookfield Group to transfer around 15 acres of land parcel in the Hyderabad Information Technology and Engineering Consultancy City (HITEC City) to the global institutional investor, said two people with direct knowledge of the development. The land parcel will […]

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