Noida-Ghaziabad blue line metro proposal gets a boost with fund-sharing plan

GHAZIABAD: The Ghaziabad Development Authority (GDA) and the UP Housing Board have agreed to a 50:50 fund-sharing formula to extend metro’s Blue Line from Noida to Ghaziabad, the preferred solution after a long search for the piece of puzzle that serves best the connectivity grid of one of the busiest parts of NCR. The extension […]

Haryana government proposes steep hike in circle rates in Gurugram

GURUGRAM: The Haryana government has proposed a 30%-80% hike in the circle rates of land and properties in the city. The rates are expected to be finalised by the end of the month. People can submit objections and suggestions till December 17. The circle rate is the minimum rate fixed by the state government for […]

Delhi: Shift of gram sabha land to DDA to be fast-tracked

NEW DELHI: With Delhi Development Authority yet to complete survey of the gram sabha land of urbanised villages in the absence of revenue records, lieutenant governor VK Saxena has asked Delhi government’s revenue department to provide required details to DDA at the earliest to help it complete the exercise by February 2024. In a recent […]

DDA housing scheme: EWS, LIG flats in Dwarka sector 14 sold out on day one of booking

NEW DELHI: Around 1,500 flats were booked in Dwarka, Narela and Lok Nayak Puram on the first day of booking for the Delhi Development Authority’s (DDA) recently launched housing scheme on Monday, officials said. Flats in Sector 14 of Dwarka in economically weaker section (EWS) and low-income group (LIG) categories were completely sold out, they […]

Amnesty scheme, increase in taxpayers helped Delhi civic body

NEW DELHI: Municipal Corporation of Delhi has generated a revenue of Rs 2,417 crore from property tax in 2022-23, which is highest in the history of the civic body, commissioner Gyanesh Bharti said on Saturday. Bharti said this while proposing a budget of Rs 16,683 crore at a special house meeting. No hike in taxes […]

Chintels India reopens buyback option for Paradiso flatowners in five towers

GURUGRAM: The developer of Chintels Paradiso has offered a 15-day buyback option to flatowners in five towers of the apartment complex, where several towers were declared unsafe for habitation in an IITDelhi structural audit. Four balconies of Tower D collapsed on November 9. No casualty was reported in the incident as the tower was vacant […]

About 5,000 registries across 20 projects in past four months: Greater Noida development body

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has executed nearly 5,000 registries in the past four months after developers of more than 20 housing projects settled their dues and obtained occupation certificates from the Authority. GNIDA CEO Ravi Kumar NG said that the registries generated a revenue of Rs 100 crore, while the stamp […]

Ericsson in talks to pick up over five lakh sq ft workspace on lease from Skootr in Gurugram

Swedish telecom equipment maker Ericsson has signed pacts to lease up to 525,000 square feet of office space from Skootr at the Vatika One on One building in Gurgaon, in one of the biggest managed workspace deals in the country, three people aware of the development said. The company has signed an agreement to lease […]

Registration begins for penthouses, super HIG flats offered by DDA

NEW DELHI: Registration began on Thursday for penthouses, super HIG and other flats being offered by the DDA under e-auction mode as part of its new housing scheme, officials said. The DDA has announced starting of the registration process through an e-brochure. These flats will be offered through e-auction mode for which the registration began […]

Noida Metro plans to offer bare space at stations for commercial development, co-working

NOIDA: In its effort to explore non-fare box revenue, the Noida Metro on Wednesday said it is planning to offer bare space for commercial development at two stations and space for co-working at three. The announcement came after Noida Metro Rail Corporation (NMRC) Managing Director Lokesh M was apprised by officials of options available for […]

DDA needs more time to hand over in situ EWS flats in North Delhi

NEW DELHI: Delhi Development Authority (DDA) won’t be able to hand over possession of 1,063 EWS flats in north Delhi’s Jailorwala Bagh to jhuggi-dwellers living in the neighbourhood by the promised deadline of November-end. Officials said the finishing work was put on hold due to the enforcement of Graded Response Action Plan (GRAP)-IV due to […]

Delhi: DDA starts registration of 5,000 EWS & LIG flats

NEW DELHI: Delhi Development Authority (DDA) will start the registration process for 5,000 newly constructed EWS and LIG flats in Lok Nayak Puram, Narela and Dwarka from Friday. A total of 27,000 EWS and LIG flats have been constructed under Festival Special Housing Scheme 2023, which will be offered in phases on a first-come-first-serve basis. […]

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