prithvi estates

PNB Housing says pricing for Rs 4,000 crore-deal in line with applicable law

NEW DELHI: Amid concerns raised in certain quarters about its proposed Rs 4,000 crore-deal with Carlyle group, PNB Housing Finance on Wednesday said the process followed in determining the issue price for its securities was in line with the “market practice” followed by listed companies and in compliance with the applicable law. Responding to clarifications […]

NGT directs Fatehpur district magistrate to stop illegal sand mining

NEW DELHI: The National Green Tribunal has directed the district magistrate of Fatehpur in Uttar Pradesh to stop illegal sand mining in the district and take action against the violators. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel noted that illegal mining is still being carried out by using heavy machines in violations […]

All 73 municipal councils to have property IDs: Haryana deputy CM

CHANDIGARH: Haryana Deputy Chief Minister Dushyant Chautala on Thursday directed deputy commissioners and revenue officers to create property IDs in all 73 municipal councils and municipal areas of the state. He said this work should be completed within six months, an official statement said here. The minister also directed the officials to prepare the details […]

Haven’t seen Jaypee resolution plans, YEIDA clarifies

NOIDA: Following queries from homebuyers, the Yamuna Expressway Industrial Development Authority (YEIDA) clarified on Friday that it has not read the final proposals of either NBCC or Suraksha, the two insolvency resolution applicants for Jaypee Infratech Limited (JIL). Homebuyers posed a set of questions with YEIDA via email on June17 after a tweet from NBCC […]

Ashiana Housing buys 22 acre land parcel in Gurgaon

Ashiana Housing had bought a 22 acre land parcel in sector 93, Gurgaon from Ramprastha Group in a deal valued at over Rs 200 crore. The land located in Gurgaon will be used to develop a high-rise children-centric residential project. The land with a development potential of 21 lakh sq ft will mark Ashiana Housing’s […]

‘Missing’ 10% in Jaypee: Nearly 2,000 buyers haven’t claimed homes

NOIDA: As votes pour in to pick between NBCC and Suraksha to complete nearly 20,000 houses at Jaypee Wish Town, there are nearly 2,000 homebuyers who stand to lose their investments and run the risk of forfeiture. The approximate value of the forfeiture is estimated at around Rs 1,000 crore. All creditors had time till […]

Now, onus on joint commissioners to recover property tax in Gurugram

GURUGRAM: The MCG has delegated the powers of monitoring and management of property tax, rent and trade licences to joint commissioners owing to the low income generated from these categories. The zonal taxation officers will now work under the supervision of the joint commissioners and ensure better recovery of arrears, said MCG officials. “During the […]

No takeover yet, but residents get Gurugram civic body bills

GURUGRAM: MCG is yet to take over the upkeep of the privately developed colonies of Sushant Lok 2 and 3, but some enthusiastic civic officials have already issued water and sewerage bills to the residents without offering them the services. Already reeling under financial stress due to the Covid-19 pandemic, these residents are now spending […]

East Delhi civic body extends deadline for 15% rebate on property tax

NEW DELHI: East Delhi Municipal Corporation (EDMC) has extended the deadline for exemption in interest and penalty for renewal of licences and 15% rebate in property tax. The new deadline will be August 31. EDMC spokesperson said that outgoing mayor Nirmal Jain and chairman of standing committee Satyapal Singh gave advance approval to two important […]

We want our forest land to be cleared: SC on Aravali encroachment

NEW DELHI: “We want our forest land to be cleared”, the Supreme Court said on Thursday while refusing to stay its direction asking Haryana and the Faridabad municipal corporation to remove encroachments, consisting around 10,000 residential constructions, in Aravali forest area near Khori village. A bench of Justices A M Khanwilkar and Dinesh Maheshwari asked […]

Inspire Co-Spaces leases 20,000 sq ft in Ahmedabad to open co-working centre

Flexible office space provider Inspire Co-Spaces has entered into an agreement to lease 20,000 sq ft space in commercial real estate project Westgate on Ahmedabad’s SG highway to start a coworking centre. The proposed hub will be a 300-seater co-working hub in addition to Inspire Co-Spaces’ existing four centers in Mumbai with over 5,000 seats. […]

East Delhi civic body extends deadline for 15% rebate on property tax

NEW DELHI: East Delhi Municipal Corporation (EDMC) has extended the deadline for exemption in interest and penalty for renewal of licences and 15% rebate in property tax. The new deadline will be August 31. EDMC spokesperson said that outgoing mayor Nirmal Jain and chairman of standing committee Satyapal Singh gave advance approval to two important […]

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