Allegations of registration of properties during the lockdown without obtaining the mandatory no-objection certificates (NOCs) points to lapses on the part of the town and country planning department as well as the urban local bodies department. It is alleged that over 25,000 sale deeds were registered without taking NOC from these departments following connivance between […]
GURUGRAM: The department of town and country planning (DTCP) has decided to not give any fresh approval to any builder or individual to develop buildings near the Najafgarh lake. This decision was taken after DTCP and Gurugram Metropolitan Development Authority (GMDA) reviewed the situation in some of the residential projects in the new sectors following […]
GURUGRAM: Homebuyers of BPTP Spacio in Sector 37D have alleged that instead of offering delayed penalty, the developer has sent notices seeking escalation charges from them. They have decided to approach H-Rera for aid as the project is already running behind the promised deadline by more than four years. Buyers said the builder, BPTP Limited, […]
GURUGRAM: When Nitesh Mishra booked a flat in Canary Greens project of Today Homes in Sector 73 nearly 10 years ago, he hoped to give his family a slice of the good life. But the wait seemed interminable. In October 2019, when the developer filed for bankruptcy, Mishra and nearly 500 other buyers thought they […]
The Noida authority on Tuesday allotted 21 industrial plots generating a revenue of nearly ₹8 crore. Aimed at boosting business in Noida, officials said the city will attract an investment of ₹21.98 crore from private firms which bought the plots. “We conducted a lucky draw in the presence of at least 10% of the total […]
NEW DELHI: The South Delhi Municipal Corporation standing committee on Tuesday approved the proposal to simplify the process of conversion of leased commercial properties to freehold in 38 markets. So far, a person getting a shop allotted was required to get permission from authorities before transferring the ownership right of the leasehold property to another […]
NEW DELHI: Delhi Development Authority has started the process for change in land use of a 15-acre plot abutting the President’s Estate from transportation to residential. The plot is proposed to be the new residence of the Vice-President of India, which is likely to come up along Church Road near Central Secretariat as part of […]
NEW DELHI: Delhi Development Authority (DDA) will launch online facilities for e-Conversion (from leasehold to freehold of plotted properties) and e-EOT (extension of time) for construction on plotted properties on Thursday. The services will be inaugurated by DDA’s vice-chairman Anurag Jain. The authority will not accept any offline application for conversion and EOT from Tuesday […]
NOIDA: With the Supreme Court reinstating Anuj Jain as the interim resolution professional (IRP) of Jaypee Wish Town project last week, the registration cell has asked buyers to deposit money and get their properties registered. The next date of hearing is on August 31. “We have started the registration work. We will get to know […]
GURUGRAM: Homebuyers of BPTP Spacio in Sector 37D have alleged that instead of offering delayed penalty, the developer has sent notices seeking escalation charges from them. They have decided to approach H-Rera for aid as the project is already running behind the promised deadline by more than four years. Buyers said the builder, BPTP Limited, […]
NEW DELHI: Omaxe has entered into an agreement to acquire 37,50,000 equity shares of Hartal Builders and Developers i.e. 75% equity shares for Rs 3.93 crore, the company said in its BSE filing. The acquisition will be completed by August 16. “It will help the company to develop a residential project in Faridabad,” the regulatory filing further read. Hartal Builders […]
NEW DELHI: Property registrations in Delhi-NCR dipped by 68% in the months of May and June from the year-ago period as the Covid-19-induced lockdown brought activities to a halt. In April, a few properties were registered in Noida and Ghaziabad but none in Delhi, Gurgaon and Faridabad. More property sales were recorded in May, when […]
