GURUGRAM: Around 300 families living in Ardee City, Sector 52, have been waiting for the rightful ownership of their houses for over a decade now. The developer hasn’t executed the registry of their homes so far, citing non-payment of maintenance amount by residents as the reason behind the delay. Buyers started getting possession of their […]
We take a look at Uttam Nagar, a prominent area in South West Delhi. The area is well-connected to key job hubs across NCR via road and Metro. The properties in this area caters to the low and mid segment. The price range is between Rs 3,200 per square feet and Rs 5,700 per square […]
NEW DELHI: The Ministry of Housing Affairs has suggested the Finance Commission to increase the total allocation to urban municipal bodies by around four times. In a meeting with the commission on Friday, attended by Housing and Urban Affairs Minister Hardeep Singh Puri and senior ministry officials, the ministry recommended an increase in allocation to […]
New Delhi: Business conglomerate Max Group has developed a new office complex at Okhla in the national capital with an investment of Rs 140 crore, as part of a strategy to grow its commercial real estate business. This is the second commercial real estate project of the group, with one already completed in Noida last […]
NEW DELHI: Embassy Group has proposed to merge about 11 real estate projects having nearly 61.9 million sq ft area with Indiabulls Real Estate (IBREL) and take control of the merged entity, the later informed in a BSE filing on Wednesday. Currently, Embassy has around 14 per cent stake in IBREL which it bought in June 2019 for […]
NEW DELHI: Delhi chief minister Arvind Kejriwal on Friday issued directions to officers to make arrangements for temporary housing for people affected by the EDMC’s demolition drive in East Laxmi Market area. According to a statement, Kejriwal visited the market area where the municipal corporation has been demolishing illegally-constructed buildings for the third consecutive day in […]
GURUGRAM: The GMDA has started identifying and demarcating all of its land assets through a process of GIS mapping, a senior official said. The process will include marking of survey monuments at every 500 metres which will allow the metropolitan authority to keep a track of all its land thereby checking the encroachments. The official […]
CHANDIGARH: In a move to ease the process of registration of sale deeds or properties, the Haryana government will soon launch a centralized system of land records that will allow registration of properties from anywhere in the state. Under this system, the buyer of a property in Haryana would actually be able to register it at […]
NEW DELHI: Realty firm Parsvnath Developers on Friday reported a consolidated net loss of Rs 57.94 crore for the March ended quarter. Its net loss stood at Rs 192.12 crore in the year-ago period. Total income, however, rose to Rs 1060.74 crore in the fourth quarter of last fiscal from Rs 762.44 crore in the corresponding period […]
GURUGRAM: A probe has been ordered by the Dakshin Haryana Bijli Vitran Nigam (DHBVN) into alleged corruption in granting electricity correction to builders and commercial establishments as well as “arbitrary” transfer of some discom employees. The investigation comes in the wake of junior engineers claiming that the executive engineer of Sohna division has been subverting government […]
Gurugram : Struggling to keep a check on the mushrooming of illegal colonies in the city, the department of town and country planning (DTCP) has urged the deputy commissioner to cancel the sale deeds of plots in such areas. DTCP has shared the details of registries done in illegal colonies by the revenue department, which […]
NEW DELHI: New office completions in National Capital Region (NCR) saw 86% YoY decline to 0.08 mnsq m (0.8 mnsq ft) in H1 2020, according to a report by Knight Frank India. In its H1 2020 report of the office and residential market performance across eight major cities for the January-June 2020, it said that […]
