Decks cleared for registry of over 1,100 flats in Greater Noida

NOIDA: Soon, 1,139 home buyers from three builder projects in Greater Noida (West), also known as Noida Extension, will finally receive ownership rights as the Greater Noida Authority has granted permission for the registration of these flats. “On Monday, CEO of Greater Noida Authority, N G Ravi Kumar handed over the authorisation letter to the […]

Why Chintels Paradiso’s Tower H is deemed unsafe by IIT-Delhi

GURUGRAM: Extensive corrosion due to chloride in steel reinforcements and poor quality of concrete are the reasons why tower H of Chintels Paradiso can’t be renovated and is unsafe for living, IIT-Delhi experts concluded in their structural audit report. Tower H was the fifth and the latest building to be declared unsafe at the society, […]

WeWork India to lease upto four lakh sq ft space from Panchshil Realty in Pune

NEW DELHI: WeWork India, a flexible workspace provider, has signed a partnership with Panchshil Realty under which it will lease upto four lakh sq ft space from the builder in Pune. The company has already leased Eleven West building having nine floors and about 92,000 sq ft area in Baner. In June 2023, the company […]

Suraksha Group offers to build 20,000 Jaypee Infratech flats

NOIDA: Suraksha Group, the resolution applicant approved by the National Company Law Tribunal (NCLT) to complete projects of Jaypee Infratech Ltd (JIL), has submitted a proposal, agreeing to build 20,000 flats and offer additional compensation to farmers. The proposal will now be evaluated by financial consultant Currie and Brown. The Yamuna Expressway Industrial Development Authority […]

DDA’s FCFS scheme: Around 25% flats booked in 10 days

NEW DELHI: Around 25 per cent of the 5,500 flats on offer as part of an ongoing housing scheme of the Delhi Development Authority (DDA), has been booked since July 10, officials said on Friday. The DDA on June 30 launched on a first-come, first-serve (FCFS) basis a housing scheme that includes 5,500 flats across […]

Gurugram: Illegal colony built in Sultanpur park buffer zone razed

GURUGRAM: The department of town and country planning (DTCP) has razed a farmhouse colony that was being built on 20 acres of land in the no-construction area near Sultanpur national park. The enforcement team dismantled the road and sewerage network and boundary wall of the upcoming colony. Apart from this, three more illegal colonies on […]

Yamuna Authority introduces OTS scheme to help beneficiaries pay Rs 4,400 crore dues

NOIDA: The Yamuna Authority has introduced a one-time settlement (OTS) scheme to help beneficiaries of EWS, LIG, MIG, residential plots, and 7% of Abadi plots pay their dues. The OTS initiative is expected to benefit around 10,000 people, who owe around Rs 4,439 crore to the Authority. Approved during a board meeting on June 26, […]

DDA’s FCFS scheme: Around 25% flats booked in 10 days

NEW DELHI: Around 25 per cent of the 5,500 flats on offer as part of an ongoing housing scheme of the Delhi Development Authority (DDA), has been booked since July 10, officials said on Friday. The DDA on June 30 launched on a first-come, first-serve (FCFS) basis a housing scheme that includes 5,500 flats across […]

Builders, investors chalk out plan to cash in on growing demand for student housing

The student housing sector is emerging to be a sought-after asset class amongst investors and builders, given the rising demand for quality student accommodation. Many private investors and developers plan to expand into student housing facilities in India, with the existing operators like CUIB by JV Venture, Your Space, Stanza Living, and Olive by Embassy […]

Fifth Chintels Paradiso tower in Gurugram found unsafe by IIT, evacuation likely

GURUGRAM: A fifth tower at Chintels Paradiso, where a vertical cave-in of five flats led to the death of two residents in February 2022, has been found to be unsafe for living by experts at IIT-Delhi, which has been brought in by the government for a structural audit of the complex. The latest audit report […]

Greater Noida: Town Park Buildcon served notice over illegal constructions and shops in society

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has issued a notice to the developers of White Orchid society in Gaur City 2, Sector 16C, for alleged illegal constructions in two flats and unauthorized commercial activities. The authority has directed the developer to immediately halt the unauthorized construction and commercial activities and submit a written […]

No takers, Chintels Paradiso revokes plan to rebuild flats; most opt for buyback

GURUGRAM: The developer of Chintels Paradiso, where four buildings have been declared unsafe for living since the February 2022 cave-in at one of the towers, said on Tuesday that it is withdrawing the offer to reconstruct or renovate the flats of the affected homebuyers as no one has chosen it till now. The first offer […]

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