Legato Health Technologies leases 5 lakh sq ft office space in Gurugram

Legato Health Technologies, a managed service delivery company that provides IT and business operations services for US health insurers, has leased 500,000 sq ft of office space in Gurgaon, two people aware of the deal said. The space in Gurgaon has been taken at Brookfield Candor office park in Dundahera, they said, adding that it […]

Draw of lots for over 110 flats in Greater Noida

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will conduct a draw of lots on March 22 and 23 to select homebuyers to move into the 113 ready to move in flats that are located in Sector XU 1, 2 and 3. These flats are of two different sizes – 120 and 200 square […]

Structural assessment report by arrested professor termed Chintels Paradiso building unfit

NEW DELHI: A structural assessment report given by Jamia Millia Islamia Professor Khalid Moin, who was recently arrested by CBI in connection with a Rs 1-lakh bribery case, had declared the safety quotient of Chintels Paradiso apartment in Gurgaon as “doubtful”. A part of the apartment had collapsed last month, killing two women. The professor […]

About 1.75 crore houses have been completed under PMAY-Gramin: Centre

NEW DELHI: The Central government on Wednesday informed that 1.75 crore houses have been completed under Pradhan Mantri Awaas Yojana – Gramin (PMAY-G). Union Minister for Rural Development Sadhvi Niranjan Jyoti in a written reply in Rajya Sabha on Wednesday said under the scheme, 2.28 crore houses have been sanctioned to the beneficiaries, out of […]

‘Smart upgrade’ for streetlights on nine roads in new sectors of Gurugram

GURUGRAM: The streets of the newly developed sectors are going to be a whole lot smarter with the Gurugram Metropolitan Development Authority (GMDA) planning to convert the streetlights on nine stretches into a smart network. The project, officials said, has the potential to reduce operating costs as it would provide web-based control of the light […]

DLF expects its rental income to increase more than Rs 1,500 crore over the next four years

Real estate developer DLF expects its rental income to increase more than Rs 1,500 crore over the next four years, led by its additional commercial development in Chennai, said a company executive. DLF currently generates rental income of about Rs 3,500 crore across its retail and commercial assets under DLF Cyber City Developers (DCCDL) and […]

Indiabulls Housing rallies 13% on Sameer Gehlaut’s resignation

NEW DELHI: Shares of Indiabulls Housing Finance zoomed as much as 13 per cent during the early trade on Tuesday following the exit of Sameer Gehlaut from the company. Sameer Gehlaut has resigned from the Non-Executive Director post of the non-banking finance company (NBFC), with effect from March 14, 2022. The company also informed that […]

Gurugram: DTCP writes to IIT-Roorkee for structural audit of five projects

GURUGRAM: The department of town and country planning (DTCP) has written to the head of civil engineering department of IIT-Roorkee on the scope of work for the structural audit of five residential projects along Dwarka Expressway. A team from the institute will determine the quality of construction and find out the root cause of structural […]

Four banks come on board to infuse funds into Amrapali housing projects

NEW DELHI: Four banks–Bank of Baroda, Bank of India, UCO Bank and Punjab & Sindh Bank — have come on board to infuse money in SC- monitored construction of Amrapali housing projects while State Bank of India and Punjab National Bank on Monday assured the Supreme Court that they would take the decision by end […]

Noida: Supertech twin towers to be gone in nine seconds

NOIDA: Everything but time will stand still as the clock strikes 2.30pm on May 22 at Sector 93A in Noida. In the next nine seconds, India’s tallest buildings to be brought down will disappear from the cityscape. Coincidentally, the nine-second demolition is nine months from the August 31, 2021 order of the Supreme Court for […]

Gurugram: Indiabulls Centrum Park residents protest against mobile tower installation

GURUGRAM: A group of residents of Indiabulls Centrum Park located in Sector 103 protested against the installation of a mobile tower in their society. Citing health concerns, the protesters registered police complaints against the RWA and the developer on Sunday. In June 2021, the RWA allowed the installation of a temporary cell on wheels (COW), […]

DLF to invest Rs 550 crore to construct 1-million-sq ft office in Chennai for Standard Chartered

CHENNAI: Realty major DLF on Monday announced an investment of around Rs 550 crore to construct a one-million-square-feet office building for Standard Chartered Global Business Services’ largest campus globally. Tamil Nadu Chief Minister M K Stalin laid the foundation stone of the office campus in ‘DLF Downtown’ project at Taramani in Chennai. In October 2020, […]

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