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. […]
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 […]
Kotak Mahindra Life Insurance Company has picked up over 1.5 lakh sq ft office space in Tata Realty & Infrastructure Ltd’s information technology park TRIL IT 4 in Mumbai’s western suburb of Malad through a long-term lease of over 9 years, said persons with direct knowledge of the development. The company will be paying rentals […]
Authum Investments and Infrastructure has completed a Rs 3351 crore takeover of former Anil Ambani company Reliance Home Finance Ltd (RHFL), in what is the biggest resolution of a debt laden non banking finance company (NBFC) outside the bankruptcy courts. “Authum has transferred the requisite amounts to secured creditors and the business transaction agreement has […]
GURUGRAM: The forest department is yet to demolish illegal structures in the Aravalis, over eight months after the Supreme Court (SC) ordered that the protected forest area in four Faridabad villages be cleared and restored. The government sought a four-month extension for the exercise, which expired in February. Three committees were set up and notices […]
Financial advisory firm Avener Capital along with its group entity Bajaj Consultants has bought a luxury sea-view duplex apartment in a super-premium residential tower on Dr. Annie Besant Road in Mumbai’s plush Worli locality for over Rs 100.70 crore. The apartment spread over 9,593 sq ft on the 21st and 22nd floor of the tower […]
Amazon Development Centre has leased 650,000 sq ft of space in Bengaluru in one of the most significant office transactions in recent times. The web commerce company registered the document in February for a 60-year lease, and will pay rent of 62 per sq ft, the lease record shared by Propstack showed. The new facility […]
