NEW DELHI: Markets regulator Sebi on Thursday said it will auction properties of three firms — Infinity Realcon, Bishal Group of companies and Sumangal Industries — next month to recover money illegally raised from investors. A total of 26 properties of three companies will be auctioned at a reserve price of over Rs 21 crore, […]
Deloitte Consulting India has leased about 1.56 lakh sq ft of office space for 10 years at the International Tech Park in Pune’s Kharadi locality as part of its India expansion plan. The consultancy firm has leased 77,969 sq ft each on the 10th and 11th floors for monthly rents of Rs 79 and Rs […]
National company law tribunal (NCLT) has approved a Rs. 990 crore debt resolution plan for a unit of Sare Homes. The plan was submitted by a consortium of KGK Realty and Dhoot Infrastructure. KGK Realty has a 74% share in the consortium and Dhoot Realty has a 24% share, according to an order uploaded on […]
GURUGRAM: Acting on a complaint, the department of town and country planning (DTCP) has issued a show cause notice to the developer of Vatika India Next society for allegedly installing gates at the exit and entry points and allowing commercial outlets to operate within the residential area in clear violation of the approved layout and […]
CHANDIGARH: Haryana Urban Local Bodies Minister Kamal Gupta on Tuesday said people will get a 10 per cent rebate on property tax payments made in ULB units till July 31 this fiscal. “Citizens will get a rebate of 10 per cent on property tax payments…,” Gupta said. He directed officers to run an awareness campaign […]
NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) will re-launch its plot allotment schemes for group housing and institutional projects and hotels and petrol pumps this week, with allottees set to get 3-5 years to pay total amount in instalments. Earlier, they had to pay 30-40% of the total amount over two months. Additionally, there […]
GURUGRAM: Anticipating dust pollution in summer months, Haryana government has given Gurgaon and Faridabad district administrations a month’s time to assess how many smog guns are being used at construction projects in the NCR cities, and whether these are adequate in number to settle pollutants emitted from these sites. “A month’s time was given to […]
GURUGRAM: The developer of Malibu Towne and five other companies have been booked for unauthorised construction and encroachment. Last month, the department of town and country planning (DTCP) had written to police commissioner Kala Ramachandran urging her to register an FIR against the companies. According to DTCP, the developer, Malibu Estate Pvt Limited, carried out […]
Fidelity Group’s global investment firm Eight Roads Investment Advisors has picked up a sea-view front office spread over an entire floor in a commercial tower, Avighna House, in Mumbai’s plush Worli locality at record monthly lease rentals of Rs 561 per sq ft. The firm has leased over 6,150 sq ft of usable office space […]
NOIDA: The Noida Authority on Sunday increased the allotment rates of residential, group housing and institutional plots by 6% to 10%. There was, however, no change in the rate of flats built by the Authority or commercial properties leased by it. The decision to hike the land rates was approved at the Authority’s board meeting […]
NEW DELHI: The DDA has conducted a draw of lots for 1,093 households for rehabilitation of dwellers of a JJ cluster at Jailorwala Bagh area here, as part of in situ rehabilitation project, officials said on Thursday. The draw was conducted on Wednesday, a senior official said. “The Delhi Development Authority (DDA) conducted a draw […]
NEW DELHI: The revenue department of Delhi government is gearing up to adopt the national generic document registration system (NGDRS) that will make it easier to obtain documents related to land deeds, lease rent agreements and such other legal formalities, officials said Lt Governor VK Saxena in a recent review of functioning of sub registrar […]
