NEW DELHI: 315Work Avenue, a co-working space provider, has leased out around 40,000 sq ft to Webasto Group at CapitaLand IT Park, Kharadi, Pune, the company said in a media release. Manas Mehrotra, founder of the company said, “The demand for co-working office spaces has been robust in recent times and large enterprises are signing […]
GURUGRAM: The Gurugram bench of the Haryana real estate regulatory authority (RERA) has asked Pareena Laxmi Infrastructure Private Limited to pay delayed possession charges to 51 allottees of its project after the builder failed to deliver the housing units on time. The developer has been asked to pay the interest rate well within the time […]
NEW DELHI: Mindspace Business Parks REIT (Mindspace REIT), sponsored by K Raheja Corp group, has completed issuance of commercial papers of Rs 100 crore for a maturity of three months at an interest rate of 7.20% per annum, the company said in a BSE filing. Vinod Rohira, CEO of the company said, “After successfully exploring […]
Central Depository Services Ltd (CDSL) has acquired two floors of office space measuring over 46,000 sq ft carpet area in commercial tower Marathon Futurex in Mumbai’s Lower Parel business district for Rs 163 crore. The depository services company has paid stamp duty worth Rs 9.79 crore for the registration of the deals that took place […]
GURUGRAM: MCG is yet to take over DLF 1, 2 and 3, six years after the takeover was announced. The developer has missed eight deadlines for handover of the three licensed colonies till now, the latest being June 2022. These areas were to be taken over by the civic body after completion of deficient infrastructure […]
GHAZIABAD: The UP Housing Board has slashed rates of dwelling units by 20% across all its housing projects to make the rates compatible with market rates. There are nearly 4,700 unsold units under the housing board schemes in Siddharth Vihar and Mandola. “We decided to slash the rates of dwelling units under all the UP […]
Members of the Rahul Bajaj family have bought five sea-view apartments in luxury residential project Raheja Vivarea in south Mumbai’s Mahalaxmi locality for nearly Rs 104 crore. Two apartments have been bought through the Nirvaan Family Trust, while Shefali Bajaj, Sanjali, Bajaj and Manish Kejriwal have bought one apartment each. Bajaj’s son-in-law Kejriwal is also […]
NOIDA: In its push for facade lights on all buildings along the length of the Noida-Greater Expressway, the Noida Authority has decided to link them to occupancy certificates (OC). To begin with, it has dispatched letters to 40 developers of completed real estate, which includes both residential and commercial buildings, setting a four-month deadline to […]
NEW DELHI: The central government’s ambitious project to redevelop the seven GPRA colonies in Delhi will stretch up to 2025 end. The housing and urban affairs ministry has informed the Lok Sabha that so far residential projects at Mohammadpur and Thyagraj Nagar have been completed. It said while the redevelopment of Nauroji Nagar is scheduled […]
NOIDA: The Ganga committee has asked the Noida and Greater Noida authorities, the UP Pollution Control Board (UPPCB), and the irrigation department to furnish their action plans to remove encroachments from the Hindon banks to curb river pollution. The four agencies will also have to make plans to increase the green cover in the Hindon […]
NEW DELHI: Realty firm M3M India has acquired 1.3-acre land parcels in Gurugram for about Rs 200 crore to build a luxury commercial project, primarily retail space. The land, located near IFFCO Chowk, has been acquired through an auction conducted by Haryana Shahari Vikas Pradhikaran (HSVP). “The development cost would be Rs 250 crores. The […]
GURUGRAM: Residents of New Town Heights in Sector 91 have approached the department of town and country planning (DTCP) demanding structural and forensic audits of the project. In a letter to DTCP director general TL Satyaprakash, deputy commissioner Nishant Yadav and district town planner Amit Madholia, residents have alleged that poor design and construction flaws […]
