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NSE, BSE put Ambuja Cements, other Adani firms under short-term ASM

NEW DELHI: As many as three Adani group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available with the exchanges on Thursday. Apart from Adani Enterprises, the other two firms listed by the exchanges are — Adani Ports and Special […]

Budget 2023: Affordable housing needs boost, says Anarock

NEW DELHI: India’s residential real estate sector looks hopefully to Budget 2023-24 to boost the country’s flagging affordable housing segment. The segment had revived after the government began to roll out incentives from 2015 and became ‘respectable’ with both buyers and developers. However, the pandemic seriously impacted the affordable housing segment, with both demand and […]

Budget 2023: Rs 19,518 crore allocated to metro projects across India

NEW DELHI: The government has allocated a total of Rs 19,518 crore to all metro projects across India in the Union Budget 2023-24, officials said on Wednesday. Finance Minister Nirmala Sitharaman in her speech in Lok Sabha said, “Our vision for the ‘Amrit Kaal’ includes technology-driven and knowledge-based economy with strong public finances, and a […]

Greater Noida authority auctions three land parcels for Rs 305 crore for residential development

Greater Noida authority has auctioned three land parcels to real estate developers for Rs 305 crore against the reserve price of Rs 200 crore. The authority had invited bid for 11 land parcels in December and received interest from 9 developers for three land parcels. Golf Green Mansions pvt ltd has acquired a 22,000 square […]

Gurugram: DTCP serves notices to 70 over commercial activities on residential plots

GURUGRAM: Intensifying its drive against illegal commercial activities being carried from residential plots in licensed colonies, the department of town and country planning (DTCP) has served notices to the owners of 70 such plots in Sushant Lok 1 on Tuesday. The department has served show cause notices to these property owners and sought their replies […]

K Raheja Corp, Modern India ink pact to develop 1-million-sq-ft project in Mumbai

Realty developer K Raheja Corp’s residential development arm K Raheja Corp Homes has entered into an agreement to develop a 1-million-sq-ft luxury housing project spread over 3-acre prime land parcel in South Mumbai’s Mahalaxmi locality. The project will be developed through an agreement for sale of the plot currently owned by Modern India that has […]

Simpliwork Offices invests Rs 40 crore on two centers in Kolkata

NEW DELHI: Bengaluru-based Simpliwork Offices, partnered by Salarpuria Sattva, has invested Rs 40 crore in two centres – Godrej Waterside and IT Lagoon, spread across over 1.5 lakh sq ft in Kolkata, the company said in a media release. The company aims to grow by 2.5 times by the end of March 2024 and expects […]

Gurugram: 400 walk in to camp on day 1 to fix flaws in property tax data

GURUGRAM: MCG had organised a property tax camp at the Nirvana society on Friday for the rectification of data in the new property IDs. Over 400 residents got their data corrected and the information in the new property IDs was verified with that in the old ones, an MCG official said. The camp will be […]

Gurugram: Tashee Capital Gateway buyers protest over delayed possession

GURUGRAM: More than 50 homebuyers of Tashee Capital Gateway gathered at the project site in Sector 111 and staged a protest against the developer over the delay in handing over possession of their flats. According to the protesters, the project was launched in 2011. The builder-buyer agreements were signed in 2013 with the promise of […]

Gurugram: 400 walk in to camp on day 1 to fix flaws in property tax data

GURUGRAM: MCG had organised a property tax camp at the Nirvana society on Friday for the rectification of data in the new property IDs. Over 400 residents got their data corrected and the information in the new property IDs was verified with that in the old ones, an MCG official said. The camp will be […]

DLF’s sales bookings rise 45% to Rs 6,599 crore in April-December 2022

NEW DELHI: Realty major DLF Ltd has achieved a 45 per cent growth in sales bookings to Rs 6,599 crore in April-December this fiscal on better demand and is on track to achieve its annual sales guidance of Rs 8,000 crore, a senior company official said. DLF’s — the country’s largest realty firm in terms […]

Gurugram: Flat cost revised for fourth time at Chintels Paradiso Tower D

GURUGRAM: Chintels, the developer of Paradiso – where two residents died in February last year in a vertical collapse of living rooms across five floors – has written to the district administration following a fourth revaluation of flats in Tower D, where the crash occurred. From Rs 5,200 per sqft to Rs 6,900 per sqft, […]

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