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Birla Estates to buy Thane land parcel from Hindalco Industries for Rs 595 crore

NEW DELHI: Birla Estates (BEPL), a wholly owned subsidiary of Century Textiles and Industries (CTIL), has bought a land parcel situated at Kalwa, Thane from Hindalco Industries (HIL) for Rs 595 crore, both the companies informed in separate BSE filings. “…the board of directors have approved the proposal to acquire the land parcel situated at […]

Over 700 property tax data correction applications pending with Manesar civic bo dy

GURUGRAM: As many as 703 property tax data correction applications are pending with the Municipal Corporation of Manesar (MCM) taxation department. MCM also received 93 applications for making new property IDs, officials said. The data was tabled by MCM officials in a review meeting chaired by the MCM commissioner here on Monday, earlier this week.MCM […]

Godrej Properties wins bids for two group housing plots in Gurugram

NEW DELHI: Godrej Properties (GPL) has emerged as the highest bidder and has secured the letter of intent to develop two group housing plots through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP), the company said in a regulatory filing. Gaurav Pandey, MD & CEO of the company said, “It aligns well with […]

About 1% hike in transfer duty on transfer of immovable properties in Delhi

NEW DELHI: The transfer duty on transfer of immovable properties in Delhi has been increased by one per cent, according to authorities. However, this enhancement is applicable for registration of instruments having amount worth over Rs 25 lakh, according to an official document issued by Delhi government’s department of urban development. The document refers to […]

MCD plans a fresh survey of Delhi’s dilapidated buildings

NEW DELHI: The MCD plans to resurvey buildings in vulnerable areas, officials said on Monday. “In view of the unprecedented rainfall in Delhi, all engineering staff have been asked to keep vigil on buildings/structures in their respective zones and carry surveys wherever required,” an official said. They stated that a survey was done prior to […]

Experion Developers buys three Delhi-NCR plots in Rs 1,100 crore deal

NEW DELHI: Experion Developers, the fully FDI-funded real estate developer backed by Singapore’s Experion Holdings, has acquired three land parcels in NCR for Rs 1,100 crore for residential and commercial development, its CEO Routhu Nagaraju told ET. Among the acquisitions, a 4-acre land plot situated on Golf Course Road in Gurgaon was acquired for Rs […]

Over 650 flats booked under Delhi development authority’s FCFS scheme

NEW DELHI: More than 650 flats have been booked under a housing scheme of the Delhi Development Authority (DDA) that was launched on June 30, officials said on Monday. The DDA late evening said 2- BHK flats at Dwarka have been completely sold out within few hours of opening of the booking on Monday, and […]

Gurugram: 22 more illegal colonies likely to be regularised, second list sent to be regularised, second list sent to government

GURUGRAM: The district administration on Monday has sent a proposal to the state government for regularisation of 22 illegal colonies. This is the second list, and the first list — comprising 11 colonies — was sent on June 27 this year. After the state’s approval, these colonies will be considered legal, following which the government […]

Gurugram: Flats delayed, Mahira Homes buyers hit the road

GURUGRAM: Fumed over delay in getting possession of their flats, homebuyers of Mahira Homes in Sector 68 on Saturday staged a protest against the developer and DTCP for failing to ensure the completion the project even after five years. Holding banners and raising slogans, the protesters, including senior citizens and children, urged the prime minister […]

Noida: E-auctions for industry plots put off, draw of lots are back

NOIDA: The three development authorities in Gautam Budh Nagar will no longer allot industrial plots through e-auction. Instead, they will revert to the earlier system of draw of lots, interviews and background checks. Officials said the development authorities had been instructed to restore the previous rule with immediate effect. The decision comes after repeated complaints […]

Six flats razed in Antriksh Golf View 1, builder’s men & Noida authority team come to blows

NOIDA: The Noida Authority on Friday demolished six flats-cum-shops in Sector 78’s Antriksh Golf View 1 society. The drive was suspended after representatives of the builder tried to stop the demolition and came to blows with Noida officials. The structures, officials said, were constructed without mandatory approvals from a competent authority and in violation of […]

DTCP tightens grip, two more senior officers in Gurugram to check violations

GURUGRAM: In a first, the department of town and country planning (DTCP) has deputed two district town planners in its enforcement wing in addition to the district town planner (enforcement) to check violations. The two officials — Binesh Kumar, district town planner in Mewat, and Sumit Malik, district town planner of MCG — will be […]

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