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Greater Noida: Industrial plot allotment scheme extended till February 27

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has extended till February 27 its scheme for allotment of 44 industrial plots through which it expects to earn a revenue of Rs 5,000 crore, officials said on Monday. The land allotment for industries would also generate 10,000 employment opportunities, according to the GNIDA. These plots are […]

Delhi development body allows private firms to buy flats in bulk

DELHI: Private companies can now buy DDA flats in bulk and use it as hostel or staff quarter as the Delhi Development Authority (DDA) had amended the DDA (Management and Disposal of Housing Estate) Regulations, 1968. In the authority meeting on Tuesday, DDA has allowed participation of non-governmental legal entities to purchase built up properties […]

Delhi: MCD extends last date for geotagging properties to February 29

NEW DELHI: residents can get their properties geotagged till February end to be eligible for a 10 per cent rebate on lumpsum advance tax payment in the next financial year after the municipal corporation on Tuesday extended the last date. The previous last date to geotag properties was January 31. Delhi Mayor Shelly Oberoi on […]

Delhi: LG gives nod to notify 147 acres of land in Rani Khera for industrial development

NEW DELHI: Lieutenant Governor VK Saxena has given his nod for notifying 147 acres of land in northwest Delhi’s Rani Khera locality for developing it as an industrial area, Raj Niwas officials said on Monday. The land was transferred to the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) from the Delhi Development Authority (DDA) […]

Haryana RERA advises buyer to not invest in projects without RERA registration

The Gurgaon bench of Haryana Real Estate Regulatory Authority (HARERA), has advised the real estate buyers to not book properties in projects that are not registered with RERA. The authority said sale and purchase of properties in unregistered real estate projects is not allowed under the RERAAct of 2016.”If any person is facilitating sale purchase […]

New circle rates in Gurugram likely from next month

GURUGRAM: Circles rates in the city are expected to be revised by the end of this month and come into effect from February 1. The new rates were supposed to have been implemented from January 1, but there has been no announcement so far. For now, properties will be registered according to the existing rate. […]

Seven penthouses, 138 super HIG flats booked on first day in DDA e-auction

NEW DELHI: A total 274 apartments, including seven penthouses and 138 super HIG flats, being offered by the DDA in e-auction mode as part of its new housing scheme, were booked on Friday, officials said. The registration for these flats began on November 30 and the e-auction began on Friday. “In today’s e-auction, a total […]

BPTP acquires land in Gurugram for Rs 87 crore

Realty developer BPTP purchased a land parcel spread across 228,000 in Gurgaon for Rs 87.27 crore. BPTP has substantial holdings in Gurugram and Faridabad (about 600 acres) and has been acquiring land parcels in the region for residential and commercial development. According to the documents accessed through CRE Matrix, a real estate data analytics firm, […]

About 40% industry land not in Greater Noida development body’s kitty

NOIDA: The Greater Noida Authority is planning to intensify its drive to consolidate land banks. Due to several constraints in obtaining land from protesting farmers, the Authority could acquire 57% of the total 2,222 acres in eight new industrial sectors so far. Even as the Authority has a land bank of 645 acres available to […]

Delhi: NDMC decides not to hike property tax

NEW DELHI: The New Delhi Municipal Council (NDMC) on Wednesday presented a projected budget surplus of Rs 240.2 crore and a revenue of Rs 5,069.6 crore for the year 2024-25.“In our budget for 2024-25, the total expenditure is more than our revised estimate figures for the current year and the receipts are higher than that […]

Noida, Greater Noida authority paves way to restart stuck housing projects

Noida and Greater Noida authority have approved the recommendations of a committee chaired by former NITI Aayog chairman and India’s G20 Sherpa Amitabh Kant, paving way for resumption of over 200,000 stalled flats in the region. In their board meeting on Tuesday, both the authorities gave final approval which will allow builders to take benefit […]

Hand over Indirapuram to Ghaziabad civic body by Feb 2024, Uttar Pradesh CM tells GDA

GHAZIABAD: Chief minister Yogi Adityanath has directed the Ghaziabad Development Authority (GDA) to complete the handover of the Indirapuram township to the civic body by February next year. Earlier this month, an order issued by Nitin Gokarn, the principal secretary of the housing and urban planning department, asked the GDA and the municipal corporation to […]

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