prithvi estates

Gurugram civic body sets October deadline for property tax survey

GURUGRAM: Property tax survey has started again in Gurgaon after a gap of five months. The civic body on Friday issued a public notice, requesting people to cooperate with the surveyors and provide information about their properties. The deadline to complete the survey is October 2020. “The state government has authorised an agency to conduct […]

Noida: Builders told to instal anti-smog guns by October

NOIDA: All builders will have to install anti-smog guns at large construction sites by October, failing which penal action may be taken, authorities said on Friday. An anti-smog gun is an automatic water-sprinkling device which helps reduce dust pollution. Uttar Pradesh Pollution Control Board (UPPCB) officials said the order is part of the preventive measures […]

ST Telemedia GDC leases 3.6 lakh sq ft from DLF in Noida IT Park

NEW DELHI: Realty major DLF has leased 360,000 sq ft at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres (STT GDC), according to three people aware of the matter, in the largest commercial transaction post lockdown in NCR. The company has committed to double the space at the same facility. “Given […]

Indiabulls Housing sells partial stake in OakNorth Bank for Rs 440 crore

NEW DELHI: Indiabulls Housing Finance on Thursday said it has sold a part of its stake in the UK-based OakNorth Holding Ltd, the parent company of OakNorth Bank Ltd, to HighSage Ventures LLC for Rs 440 crore. The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital to risk weighted […]

Developers in Gurgaon focus on plots as Covid-19 changes consumer preference

New Delhi: Gurgaon’s leading real estate developers with large land banks are focusing on launching gated colonies of residential plots instead of high-rises in a bid to cater to the shift in consumer preference in the wake of the coronavirus pandemic. DLF, Raheja, Alpha Corp and Signature Global are among the builders who have turned […]

DTCP set to map illegal colonies in Gurugram

GURUGRAM: The department of town and country planning has decided to mark areas where illegal colonies had come up in the past in the new district map. It is also designing a software to prepare a database of areas where the administration has conducted demolition drives. The move, officials said, would help keep a check […]

EOW arrests person for constructing flats on government land in Delhi

NEW DELHI: A 56-year-old man wanted for his alleged involvement in a conspiracy to facilitate the sale and encroachment of government land nine years ago has been arrested by the Economic Offences Wing of the Delhi Police, officials said on Thursday. The accused, Diler Singh, is a resident of Chhattarpur village, they said. A case […]

Gurugram revenue department to train staff for e-appointment of land registry

GURUGRAM: A week after Haryana revenue department resumed land registries, the district revenue department is all set to train its staff for the process of e-appointment. The registries were resumed on September 1 after a gap of 40 days following several complaints on illegal registries in the state. The training programme will be held on […]

Haryana to upload video explainers for property registration

CHANDIGARH: Haryana government will prepare an informative video to explain the process of registration of deed online. The video will be uploaded on YouTube. Deputy commissioners and district revenue officers will be trained in conducting registries and they will train property dealers so that those eligible do not face difficulties. Officials concerned were informed about […]

RMZ to sell commercial assets to Brookfield for around Rs 14,000 crore

NEW DELHI: Bengaluru-based realty firm RMZ has agreed to sell its completed commercial assets portfolio and co-working business to global investment firm Brookfield for an enterprise value of around Rs 14,000 crore as part of its strategy to become debt free, sources said. The two companies have already approached fair trade regulator CCI for approval […]

Indiabulls Housing launches QIP; sets floor price at Rs 206.70 per share

NEW DELHI: Indiabulls Housing Finance launched its QIP (qualified institutional placement) on Wednesday and set the floor price at Rs 206.70 per equity share for the issue. The Securities Issuance Committee of the company’s board at a meeting held on September 9, 2020 approved the floor price, it said in a regulatory filing. “The company […]

NRIs to enter their passport details for property registration in Haryana

CHANDIGARH: In Haryana, it would be necessary for the NRIs to mention their passport numbers at the time of executing the registration deeds regarding their properties in the state. A clarification in this regard was made to the deputy commissioners (DCs) by the deputy CM Haryana, Dushyant Chautala on Wednesday while interacting with all the […]

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