Office space leasing is expected to grow by 30–35% next year, property consultants said, on theback of demand seen over the last few months.Despite the Omicron variant of Covid-19 threatening to derail recovery, theybelieve commercial leasing is well on track to reach pre-pandemic highs by 2023.“Overall, we estimate net absorption to rebound strongly, recording a […]
The South Delhi Municipal Corporation (SDMC) contractors’ union began a protest on Friday at the Civic Centre on Minto Road claiming that it has been not paid around 450 crore for the last three years.Netra Kumar Sharma, who heads the contractors’ union, said, “If the funds are not released in the next 15 days, we […]
The Noida authority on Thursday inaugurated 22 different projects, having a total financial outlay of 22.62 crore, and laid the foundation stone of eight different projects, having a budget of 8.35 crore, in the city. Rajya Sabha MP Surendra Nagar, Noida MLA Pankaj Singh, CEO of the Noida authority Ritu Maheshwari and other senior officials […]
A direction in this regard was issued to all the zonal taxation officers (ZTOs) by MCG commissioner Mukesh Kumar Ahuja, too People will now also be able to apply for creating a new property ID in trade licence camps set up by the Municipal Corporation of Gurugram (MCG) in various market areas, a release issued […]
The Delhi Development Authority (DDA) has launched a new special housing scheme and is offering more than 18,000 flats, which are being drawn from its old inventory, officials have said.The decision to launch a new housing scheme was taken during an online meeting of the DDA on November 24, under the chairmanship of Delhi Lieutenant […]
GURUGRAM: Residents of Pyramid Urban Homes 2 in Sector 86 have complained aboutfrequent power outages and voltage fluctuations in their society.According to the residents, 11 kV feeder lines supply power to their flats. The developer, theyclaimed, is yet to build a 33 kV switching station despite collecting an average of Rs 50,000 perflat as electricity […]
Perspective homebuyers looking for plot near the upcoming Jewar airport, or flat in south Delhiand mid-segment flats in other part of the capital will get the opportunity in the new year.The Yamuna Expressway Industrial Development Authority (YEIDA) and Delhi DevelopmentAuthority (DDA) has come up with a fresh housing scheme with 18,335 flats and 416 plots […]
Officials of the Municipal Corporation of Manesar (MCM), which completed one year since its formation on Thursday, said that the civic body has brought about an improvement in sanitation and garbage collection in the area, even though it is still at a nascent stage. In contrast, roads and drainage infrastructure is still a work in […]
The house meeting of the Municipal Corporation of Gurugram (MCG) was deferred for the second consecutive time on Thursday, said officials. The house meeting, which was scheduled to take place at the John Hall in Civil Lines at 2pm on Thursday, has been postponed to December 27, according to a public order issued by the […]
GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will hire aconsultant to rate the maintenance facilities of housing societies on a scale of 1 to 5.The move follows repeated complaints from residents over inadequate facilities in theircomplexes.Officials said the rating of a particular society would be done on the feedback received from itsresidents across […]
NEW DELHI: South Delhi Municipal Corporation is conducting a survey of all the governmentproperties that owe property tax to the agency.In the current financial year, the corporation has set a target of collecting Rs 1,200 crore asproperty tax, and till now, Rs 762.9 crore has already been collected by the corporation, out ofwhich 4,00,553 were […]
The Special Window for Affordable & Mid-Income Housing (SWAMIH) fund has released the second instalment of the Rs 165 crore stress fund it had committed to Capital Athena project in Greater Noida. According to Greater Noida authority, the builder has also cleared dues of Rs 17 crore and will complete the project on time. The […]
