NEW DELHI: With eyes on the upcoming municipal polls later this year, the standing committeeof the BJP-led SDMC, in its budget proposals on Tuesday, did not impose any new tax and alsoannounced a waiver of the property tax of previous years for the residents of the recentlyregularised unauthorised colonies within its jurisdiction, according to an […]
The deadline for real estate company Supertech to return money to the homebuyers of the illegal twin tower ends on Monday, failing which the Supreme Court could send its directors to jail over non-compliance. The apex court had earlier warned the builders to adhere to the decided time frame for demolishing the 40-storey twin towers […]
Property rates in the city are set to go up, especially in areas along Golf Course Road, Golf Course Extension Road, Southern Peripheral Road (SPR) and in sectors along Dwarka Expressway, after the implementation of new circle rates, which were revised by the district administration at the start of the year. According to the new […]
Several high-value property transactions in Delhi have been put on hold as the state government shut down the revenue office amid rising cases of Covid-19. The disruptions have led to a backlog in registrations of property, succession, and power of attorney. “The government should build a mechanism as many elderly people are not able to […]
NEW DELHI: Your-Space, a student housing startup, has raised $10 million in series-A funding(a combination of pure equity and convertible debentures) led by the personal investmentfrom Shantanu Rastogi (of General Atlantic) and Ajay Gupta’s (Capital Foods) familyoffice AJAX Capital and Holy Basil Consultancy, the company said in a media release.The investment round also saw participation […]
Ecommerce giant Amazon.com is in talks with realty developer DLF to take on lease over600,000 sq ft of office space at its upcoming project ‘Downtown Gurgaon’, three people aware ofthe development said.During its Q2 analysts call in October, DLF had said it will soon start construction work on 2million sq ft of office space in […]
NEW DELHI: Industry body Shopping Centres Association of India (SCAI) on Sunday said mallowners will stand by their tenants as they did in the last two waves and are likely to offer reliefto retail stores, food outlets and multiplexes amid the fresh COVID pandemic wave.Shopping Centres Association of India (SCAI) is an industry body, representing […]
The enforcement wing of the department of town and country planning (DTCP) on Wednesday carried out a demolition drive in Bhondsi. The department cleared 10 acres of land on which five illegal colonies were allegedly being developed without any permission or license from the government, officials said. They added that and despite repeated warnings, the […]
The enforcement wing of the department of town and country planning on Friday carried out a demolition drive in sectors 93 and 94 and cleared illegal constructions from a 10- acre land. Officials said three colonies were being developed in the area without any permission or licence. R S Bhath, district town planner (enforcement), said […]
GURUGRAM: Three illegal colonies, which came up during the past two months when construction activities were banned by CAQM in NCR due to alarming pollution levels, in Sector 93 and 94 of the city were demolished by the enforcement team of town and country planning department on Friday. These colonies were developed on 10 acres […]
LONDON: Tech giant Google has spent $1 billion to buy a central London building where it is currently a tenant, showing its confidence in the future of the office as a place to work, the company said on Friday. Google, which employs 6,400 people in Britain, plans a multi-million pound refurbishment of its offices within […]
NEW DELHI: The standing committee of the BJP-led North civic body did not impose any new tax and also rejected a proposal in its budget 2022-23 to raise residential and commercial property taxes, officials said Wednesday, even though themunicipality faces an acute financial crisis and has not been able to pay its staff for months. […]
