GURUGRAM: The Gurugram municipal corporation (MCG) was found to have encroached upon 13 acres of HSVP land worth hundreds of crores at five different places in the city. The encroachment came to light when HSVP, which is reeling from a financial crisis and has been monetising its assets to raise funds, listed some of its […]
After massive layoffs, microblogging platform Twitter is vacating its flexible office spaces in India. People familiar with the matter said the company has initiated vacating seats in Mumbai under its WeWork arrangement and is serving a three-month notice period. Twitter has also given up its TEC space at One Horizon in Gurgaon and would have […]
GURUGRAM: The Gurugram municipal corporation (MCG) was found to have encroached upon 13 acres of HSVP land worth hundreds of crores at five different places in the city. The encroachment came to light when HSVP, which is reeling from a financial crisis and has been monetising its assets to raise funds, listed some of its […]
NEW DELHI: Realty firm Signature Global (India) Ltd has received a nod from capital markets regulator Sebi for its initial public offer (IPO) to raise up to Rs 1,000 crore to clear debt and land acquisition. In July, Signature Global, which focuses on affordable and mid-housing segments, had filed the Draft Red Herring Prospectus (DRHP) […]
GURUGRAM: MCG is reeling under acute financial crisis, having paid a hefty penalty of Rs 100 crore to the National Green Tribunal (NGT) as environmental compensation, Rs 2.8 crore for non-compliance of norms at Bandhwari landfill site and Rs 19 crore to Ecogreen for Faridabad’s waste management. On the other hand, the MCG has, so […]
NEW DELHI: The authorities at IGI Airport are likely to demolish three floors of a building of Airport Authority of India next week. The building is coming in the way of operation of the fourth runway, which will help in enhancing the capacity of the Delhi airport. The construction of the fourth runway has been […]
GURUGRAM: Hundreds of residents of Central Park 2 located on Sohna Road took out a protest march on Sunday against the developer for changing the layout plan without their consent and restricting their access to the common facilities. The residents alleged that they have been denied access to facilities, including central greens, club, even after […]
GURUGRAM: The forest department is planning to carry out a demolition drive to free Aravalis from encroachments in the district after the rollback of GRAP-3 restrictions. To begin, it will demolish illegal structures over more than 20 acres of Aravali land in Abheypur near Damdama lake next week. NGT in August 2020 ordered an end […]
NOIDA: The UP cabinet on Friday approved the land acquisition for the third and fourth phases of the Noida international airport. Officials said 2,054 hectares would be acquired across 10 villages for these two phases. By 2070, the airport will have six runways and four terminal buildings with a capacity to cater to 225 million […]
JC Chaudhry, the founder of Aakash Educational Services, has bought a bungalow in Delhi’s Greater Kailash for Rs 51 crore and three uber-luxury apartments at DLF’s The Camellias for around Rs 150 crore, two people aware of the transactions said. The Chaudhry family has already made three high-value property transactions in Delhi recently after the […]
NOIDA: The Greater Noida Authority has cancelled the allotment of two plots in Sector Pi to a real estate developer for its failure to clear dues of over Rs 281 crore. The Authority will soon take possession of the plots and allot them through a new scheme, officials said. Parsvnath Developers was allotted the two […]
GURUGRAM: The structural audit reports of 16 residential societies in the city are likely to be released on Thursday, with the four agencies roped in for the job having submitted the same to the deputy commissioner’s office. The report will reveal the status of the buildings in these societies, officials said. In the first week […]
