NEW DELHI: Delhi Development Authority (DDA) may start allotting EWS flats built for the residents of Jailorwala Bagh slum cluster in north Delhi from June this year. Lieutenant governor VK Saxena on Tuesday visited the multi-storeyed housing project to review its progress. He found that the work was 95% complete and the flats are likely […]
MUMBAI: A recent Appellate Authority for Advance Rulings (AAAR) order in the case of a Thane-based developer will gladden the hearts of buyers of under-construction properties, as it could translate into reduced costs. The appellate bench held that charges for several services collected by the developer, Puranik Builders, such as for water connection, electric meter […]
NOIDA: The Noida Authority on Friday said it has sealed three under-construction residential towers of a group housing project in the city over unpaid dues worth Rs 182 crore by the developer. Officer on Special Duty (Group Housing) Prasun Dwivedi said notices were issued to real estate developer Sunworld Residence Private Limited in November and […]
NEW DELHI: Co-working firm BHIVE Workspace on Thursday said it has started a new centre in Bengaluru with a capacity of 5,000 seats as it seeks to tap a rise in demand for flexible office space. In a statement, the company said it has expanded its co-working portfolio with the addition of Garuda BHIVE Workspace […]
GURUGRAM: MCG on Wednesday directed the developer of licensed colonies — DLF 1 to 5— to use only recycled water for construction activities, an attempt to reduce disruption in supply of drinking water to residents in the area. According to complaints from residents, potable water is being used for construction activities at more than 250 […]
NEW DELHI: The Suraksha Group, which has been awarded Jaypee Infratech (JIL) by NCLT following bankruptcy proceedings against the company, has started moving on construction and completion of 170 towers at cost of over Rs 5,000 crore. Since the five-member Implementation and Monitoring Committee (IMC) was set up last month, the Mumbai-based group has moved […]
GURUGRAM: The Haryana government has increased circle rates, a move that is unlikely to have an immediate effect on the price of premium properties but might make registries dearer. After the revision, the circle rates in sectors adjoining the Southern Peripheral Road (SPR), Golf Course Road and Dwarka Expressway – areas where real estate has […]
NOIDA:: To resolve the deadlock between real estate companies and the development authorities of Noida and Greater Noida over legacy land dues of nearly Rs 39,000 crore, UP Rera has hired a consultant that will prepare a report in a month’s time suggesting a possible roadmap. The deadlock has halted registries across residential societies in […]
NOIDA: The extent of the city’s flat registry stalemate, as many homebuyers find themselves unable to get deeds for their properties because of the standoff between builders and the government on dues, is evident from data uploaded recently by the Noida Authority on its website. It shows that of the 1.3 lakh flats sanctioned in […]
Amazon Development Centre has renewed its lease for a 6.5 lakh sq ft office space in Bangalore to expand its operation in one of the most significant office transactions in recent times. The firm registered the document in February, secured the space for a 60-months lease, and will pay a rent of Rs 72.5 per […]
GURUGRAM: From salons, gyms, grocery stores , clinics to small restaurants, DLF areas have become a hub of illegal commercial activities. The developer has shared a list of 742 illegal commercial establishments in its licensed colonies — DLF 1 to 4 — with the department of town and country planning (DTCP) seeking action against owners […]
GURGAON: GMDA is looking to home owners and buyers to fund its SPR redevelopment project. The Gurugram Metropolitan Development Authority is planning to impose a 1% duty on transfer of immovable properties located along the 14km stretch of the Southern Peripheral Road from Ghata village to NH-8 near Kherki Daula for the next three years. […]
