NEW DELHI: Realtors’ body CREDAI has demanded the government should do away with the GST on flats which are given free of cost to existing occupants in redevelopment projects to make them economically viable, especially in the Mumbai region. A delegation from CREDAI and CREDAIMCHI has met Union Finance Minister Nirmala Sitharaman and made a […]
NEW DELHI: WeWork India, a flexible workspace provider, has added three new workspacesPrinceville, Cherry Hills, and Prestige Tech Park Jupiter in Bengaluru. Situated at Embassy Golf Links Business Park in Domlur, Princeville and Cherry Hills span across over 95,000 sq ft and have a combined capacity of around 1,600 desk spaces. Nearly 60% of this […]
GURUGRAM: Despite orders by the National Green Tribunal (NGT) over five months ago, the district administration is yet to demolish illegal construction on protected Aravali lands in the city. On December 9 last year, NGT had directed the Haryana government to set up monitoring committees to review progress until all encroachments are removed from land […]
GURUGRAM: The department of town and country planning (DTCP) demolished six illegal colonies, which were recently developed by the offenders without mandatory permission from the authorities. The violators had constructed 18 farmhouses, 30 other structures and offices. The enforcement team also razed a road network developed in these colonies. District town planner (enforcement) Manish Yadav […]
NEW DELHI: Delhi Development Authority (DDA) has deferred its plan to launch a housing scheme for 23,000 flats. The scheme will be launched only after it is approved in the authority’s meeting, said DDA member and BJP MLA Vijendra Gupta. “Since no meeting could take place in May, the project is now likely to be […]
NOIDA: GNIDA launched a commercial plot scheme for 22 plots worth Rs 1,100 crore on Monday. The plots will be utilised for the construction of commercial complexes. The online application for the scheme will be accepted till June 19. The officials said that once the plots are allotted, it will be convenient for the residents […]
GURUGRAM: A decade-long wait for over 800 people, who bought flats in Sidhartha Estella in Sector 103 and Sidhartha NCR One/Greens in Sector 95, will likely end soon. In a May 24 order, the National Company Law Tribunal’s (NCLT’s) New Delhi bench approved the withdrawal of insolvency proceedings against the developer, Sidhartha Buildhome Private Limited, […]
GURUGRAM: A total of 14 families are yet to vacate their flats in two towers of Chintels Paradiso despite repeated orders to do so by the district administration and an IIT report declaring both the buildings “unfit for living”. District town planner Manish Yadav visited the Sector 109 society – where a vertical collapse of […]
Swiss biotech major Roche’s India arm has picked up an over 2 lakh sq ft office space from Brookfield Properties in its commercial project in Pune’s Baner locality, said persons with direct knowledge of the development. Roche Information Solutions India, the healthcare digital entity of the global pharmaceutical major, will be paying rentals of over […]
NEW DELHI: The debenture committee of the board of directors of Embassy Office Parks Management Services, manager to Embassy Office Parks REIT (Embassy REIT), has approved the issuance of 1,05,000 listed, rated, secured, redeemable, transferable, rupee denominated, non-convertible debentures (NCDs) with a face value of Rs one lakh each by Embassy REIT on a private […]
GURUGRAM: Deputy commissioner Nishant Yadav on Friday ordered structural audits of 15 residential societies in the city to roll out the second phase of an exercise that was carried out after a vertical collapse of flats in Chintels Paradiso last year. The societies will be picked out of the 60 projects, whose residents and RWAs […]
The Indian arm of US-based Cognizant Technology Solutions has renewed two lease deals for more than 627,000 sq ft of office space in Pune’s Hinjewadi Rajiv Gandhi IT Park. The company has renewed the lease for five years through two agreements registered on April 28. The space is spread over 10 floors across two blocks […]
