prithvi estates

Sunrays Infrastructure to develop 1.4 lakh sq ft commercial space in Faridabad

Sunrays Infrastructure Pvt Ltd, will develop 1.4 lakh sq ft of commercial space in R Plaza 79 in Sector-79,Faridabad, Haryana. The phase one of the project include 1.3 lakh sq ft of commercial space and revenue potential of the project is Rs 200 crore. The company had acquired the 2.7 acre land in 2011 and […]

Delhi government asks construction sites to follow guidelines to prevent dust pollution

NEW DELHI: The Delhi government has asked all private construction sites to follow its 14-point guidelines to prevent dust pollution in the city, Environment Minister Gopal Rai said on Friday. The AAP-led government had conducted a review meeting with all state-run agencies engaged in construction work in Delhi and they were told to submit their […]

HSVP to monetise unused land in Gurugram and Pataudi

GURUGRAM: Reeling under a financial crisis, the HSVP is planning to monetise its unplanned and unused land. The development authority has identified such land parcels in sectors 9, 10 and 49 in Gurgaon and Sector 1 of Pataudi. Around 300 plots are expected to be developed on these land parcels and the HSVP is hoping […]

Gurugram civic body panel pushes for 67% hike in park upkeep rates

GURUGRAM: The committee constituted by the Municipal Corporation of Gurgaon (MCG) to fix the rate for maintenance of parks in the city has recommended a hike of nearly 67% from the existing Rs 3 per square metres (sqm) to Rs 5 sqm. While RWAs have been saying the existing rate is sufficient for maintenance, the […]

Gurugram: For Vipul Lavanya residents, a five-year wait for link road to end

GURUGRAM: A five-year wait ended for Vipul Lavanya residents on Saturday when the Municipal Corporation of Manesar initiated construction of the village road to connect the society to the main road linking sectors 81 and 86. The MCM has sanctioned Rs 75 lakh for the construction of a 7-metre-wide, 1km-long RMC road. The officials hope […]

Livspace plans to invest $50 million to expand its business

NEW DELHI: Livspace, a home interior and renovation platform, plans to invest $50 million to expand its business across 80 markets, including 60 new market entries across India and 20 Asia Pacific cities, the company said in a media release. Livspace which claims to hold a 65% market share in the organised home interiors sector, […]

Delhi government asks construction sites to follow guidelines to prevent dust pollution

NEW DELHI: The Delhi government has asked all private construction sites to follow its 14-point guidelines to prevent dust pollution in the city, Environment Minister Gopal Rai said on Friday. The AAP-led government had conducted a review meeting with all state-run agencies engaged in construction work in Delhi and they were told to submit their […]

Promoters to hand over societies to AOAs by September 30: Noida Authority

NOIDA: The Noida Authority on Friday directed officials to ensure that promoters of group housing projects in the city hand over charge of public spaces and facilities to apartment owners’ associations (AOAs) by September 30. Noida Authority CEO Ritu Maheshwari issued the direction after a meeting here on the builder-buyers issues with AOAs and real […]

Gurugram: 11 shops razed and 13 buildings sealed in DLF-3

GURUGRAM: As many as 13 buildings being constructed in violation of building norms were sealed and internal walls of additional floors were razed on the second day of the demolition drive in DLF-3 areas on Friday, a district town and country planning (DTCP) official said. Also, 11 shops constructed on residential plots were demolished by […]

Indiabulls Housing Finance raises $165 million via offshore papers

Indiabulls Housing Finance raised about $165 million selling five-year convertible bonds to overseas investors, two people familiar with the matter told ET. Back home, the home financier will likely utilise the proceeds for onward lending. The debt papers likely offered 4.5 percent. They will have a ‘put’ option at the end of three years giving […]

Court issues notice to ED on Avantha Group promoter’s bail plea

NEW DELHI: A Special Court of Delhi on Friday issued notice to the Enforcement Directorate (ED) on the bail plea of businessman Gautam Thapar arrested in an alleged bank loan fraud case. Special Judge Sanjeev Aggarwal issued notice on the bail application and directed the Enforcement Directorate to file a reply to the same and […]

Gurugram: DTCP razes 10 illegal floors, 12 shops in DLF-3

GURUGRAM: Keeping vigil through a drone and in presence of around 100 policemen, the enforcement wing of the department of town and country (DTCP) razed illegal floors of 10 buildings and 12 shops in DLF-3’s U-Block on Thursday. According to DTCP officials, this is the first time that such major action has been taken against […]

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