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Haryana RERA asks promoter of ILD Grand project to refund Rs 72 lakh to homebuyer

GURUGRAM: The Gurugram bench of the Haryana Real Estate Regulatory Authority (HRERA) has asked the promoter of ILD Grand project at Sector 37 C in Gurugram to refund Rs 72 lakh to one of its buyers. The applicant had approached the authority in February 2019 after the builder failed to deliver the housing unit as […]

DB Group deputy MD buys bungalow in Delhi’s Golf Links for Rs 75 crore

Pawan Agarwal, Deputy Managing Director of DB Group (Dainik Bhaskar), has bought a 575- square yard bungalow in Delhi’s Golf Links for 75 crore, two people aware of the transaction told ET. Agarwal joins the likes of Sunil Vachani, chairman of Dixon Technologies, and Vishwavir Ahuja, former chairman and managing director of RBL Bank, in […]

Malls, brands at loggerheads over rent hikes

Tension has built up between brands and malls across India with leading malls planning to increase rentals every year, putting them at loggerheads with retailers who are negotiating to retain the current system of rental hikes every three years. While discussions have started, industry insiders said large retailers are opposing the move given the number […]

Now, three-storey buildings in Noida can have lifts too

NOIDA: The Noida Authority has decided to allow the installation of lifts in three and four-storey buildings for the convenience of the elderly – almost 8 years after a proposal related to this was made by a committee. According to the current building rules in the city, lifts are mandatory only if buildings are taller […]

UP-RERA logs 23% growth in registration of new real estate projects in 2022

NOIDA: The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has witnessed a 23 per cent growth in registration of new projects in 2022 as compared to the preceding year, an official statement said on Monday. A total of 215 projects were registered across Uttar Pradesh in 2022, the UP RERA said. The UP RERA […]

Norms relaxed, min requirement to register plots 100 sq yards now in Gurugram

GURUGRAM: The Municipal Corporation of Gurugram (MCG) on Thursday announced that plots having an area of 100 square yards can be regularised. The move comes at a time when the state government is trying to check mushrooming of illegal colonies. MCG commissioner PC Meena said that earlier the regularisation and sub-division was allowed for plots […]

Now, three-storey buildings in Noida can have lifts too

NOIDA: The Noida Authority has decided to allow the installation of lifts in three and four-storey buildings for the convenience of the elderly – almost 8 years after a proposal related to this was made by a committee. According to the current building rules in the city, lifts are mandatory only if buildings are taller […]

The Office Pass leases 26,000 sq ft in Gurugram

Neighbourhood Coworking operator, The Office Pass has leased 26,000 sq ft of office space for its 14th centre. The occupancy across TOP Coworking offices reached 87% in December 2022 quarter. The new office will come up in Unitech Cyber Park (UCP), which is close to HUDA Metro Station. This will be TOP’s fourth office in […]

Norms relaxed, min requirement to register plots 100 sq yards now in Gurugram

GURUGRAM: The Municipal Corporation of Gurugram (MCG) on Thursday announced that plots having an area of 100 square yards can be regularised. The move comes at a time when the state government is trying to check mushrooming of illegal colonies. MCG commissioner PC Meena said that earlier the regularisation and sub-division was allowed for plots […]

The Office Pass leases 26,000 sq ft in Gurugram

Neighbourhood Coworking operator, The Office Pass has leased 26,000 sq ft of office space for its 14th centre. The occupancy across TOP Coworking offices reached 87% in December 2022 quarter. The new office will come up in Unitech Cyber Park (UCP), which is close to HUDA Metro Station. This will be TOP’s fourth office in […]

PAG, Mapletree to buy Hong Kong’s Goldin Financial Global Centre for $713 million

Asia-focused investment firm PAG and Singapore-based real estate group Mapletree Investments said on Thursday they have entered into a 50-50 joint venture to buy Hong Kong office building Goldin Financial Global Centre from receivers for $713 million. The price of HK$5.6 billion was less than half of the HK$14.3 billion that developer Goldin Financial Holdings […]

New schemes for cancelled plots by Greater Noida authority

NOIDA: Greater Noida Authority plans to bring new schemes on cancelled plots. Officials said department heads of industrial, institutional, IT, builder and commercial categories have been asked to take action against the defaulters and put their cancelled plots up for auction under new schemes. CEO Ritu Maheshwari conducted a meeting of all department heads on […]

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