Delhi development authority’s housing amendment gets nod

NEW DELHI: Seeking to attract more buyers, the DDA on Friday approved an amendment inhousing regulations to allow public to participate in its schemes even if they or their familymembers own a flat or plot in Delhi, officials said. The decision was taken during a meeting viavideo-conferencing, held under the chairmanship of Lt Governor Anil […]

WeWork expects 2022 revenue to jump at least 30% on office space demand

BENGALURU: Flexible workspace provider WeWork Inc said it expects 2022 revenue to jump at least 30% amid demand for office space from companies switching to a hybrid model of work. The Softbank-backed firm said it expects full-year revenue between $3.35 billion and $3.5 billion, a 30%-36% rise from its 2021 revenue. The COVID-19 pandemic has […]

Construction waste moved in buses, bike and Gypsy in Gurugram: Report

GURUGRAM: Ever seen or heard about construction and demolition (C&D) waste being carried on a motorbike, an SUV or a bus? These were the vehicles that were supposedly used to collect and transport C&D debris in the city, a committee set up by the Municipal Corporation of Gurgaon (MCG) has found in an inquiry to […]

Builders seek housing ministry’s intervention on rising cement, steel prices

Rising cost of construction owing to continuous increase in prices of raw materials including steel and cement and additional surge in the backdrop of the Russia-Ukraine war is making real estate developers jittery. Concerned over the cost pressure, realtors through their pan-India body National Real Estate Development Council (NAREDCO) have sought the intervention of the […]

Sixteen new sectors to be developed off Yamuna Expressway

NOIDA: The areas around the Yamuna Expressway, which expect an economic windfall from the Noida International Airport in Jewar, will have 16 new sectors over the next two decades to cater to an estimated population of 43 lakh. These new sectors will be included in the 2041 master plan of the Yamuna Expressway Industrial Development […]

Delhi: Brick kiln industry protests over GST

NEW DELHI: Raising their voices against the proposed hike in GST on the sale of red clay bricks by the Centre, thousands from the brick kiln industry protested at Jantar Mantar on Tuesday. Calling the tax hike “exorbitant”, the owners of brick kilns from acrossthe country protesting under the banner of AllIndia Bricks and Tiles […]

Steps announced to encourage Delhi unauthorised colonies’ residents to avail PM-PM-UDAY benefits

NEW DELHI: To encourage people living in Delhi’s unauthorised colonies to avail benefits of the PM-UDAY scheme, Union minister Hardeep Singh Puri on Tuesday announced steps under which a ‘will’ is not mandatory for applicants, and ownership rights will be granted on full plot area in case of private land. According to the ministry, many […]

315Work Avenue lease out 800 seats to Square Yards in Pune

NEW DELHI: 315Work Avenue, a co-working space provider, has signed up 800 seats with Square Yards at Amar Paradigm, Baner, Pune, the company said in media release. Manas Mehrotra, founder, 315Work Avenue said, “This deal reaffirms the potential created by the consistently rising demand of flexible workspaces amongst companies – startups, SMEs, mid-and large-sized enterprises […]

Demand for satellite, boutique offices surge post pandemic

The demand for satellite and boutique offices has been on rise as the Covid-19 pandemic has strengthened the importance for hybrid office culture across large companies, but more importantly among small and medium enterprises and professionals. Several factors including caution towards capital expenditure, need for flexibility in lease terms and allowing mobility to workforce as […]

Construction & demolition waste to be picked from doorstep in Faridabad by March end

GURUGRAM: Faridabad, the only district of Haryana which is part of the National Clean Air Programme, is planning to implement a doorstep construction and demolition (C&D) waste pickup service by March 31. The district disclosed its action plan to mitigate air pollution on Monday at the “Dialogue Towards Clean Air”, a two-day event. It also […]

Gurugram: Malibu Towne residents protest against hike in upkeep charges

GURUGRAM: Around 150 people, including women and senior citizens, living in Sector 47’s Malibu Towne protested on Saturday against the township developer’s decision to increase maintenance charges from Rs 5 per square yard to Rs 6.50 per square yard. According to the residents, about a month ago the developer issued a notice regarding the hike […]

Gurugram: Work on Global City may start in 2-3 months

GURUGRAM: Work on the first phase of Global City — a residential and commercial hub — is likely to start over the next two to three months. Officials in the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), which is executing the project, said the first phase would be developed by next year. “The chief […]

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