prithvi estates

Noida authority hopes to demolish Supertech twin towers before Nov 30

NOIDA: With less than two months left for the Supreme Court deadline to bring down the twin towers, Noida Authority officials said on Wednesday they will be ready with the outline plan for the demolition process by October 12. The Authority is preparing the bid document with the help of the Roorkee-based Central Building Research […]

SAP India renews lease for one lakh sq ft office in Vatika Towers in Gurugram

Software major SAP India Pvt Ltd has renewed lease for its nearly 100,000 sq ft office in VatikaTowers on Golf Course Road in Gurgaon, two people aware of the development said. SAP has been operating in VatikaTowers for over 14 years and has extended its lease for a new term of nine years. “We can […]

Indiabulls Housing Finance exits OakNorth Holdings for Rs 3,049 crore

NEW DELHI: Indiabulls Housing Finance on Wednesday said it has exited from UK-based OakNorth Holdings for about Rs 3,049 crore. In November 2015, Indiabulls Housing Finance acquired a 39.76 per cent stake in OakNorth Holdings Limited for Rs 663 crore (USD 100 million), the company said in a regulatory filing. “Through various rounds of secondary […]

Sobha’s sales bookings up 49% at Rs 1,030 crore in Q2 FY22

NEW DELHI: Bengaluru-based real estate firm Sobha Ltd on Wednesday said it has clocked 49 per cent growth in sales bookings at Rs 1,030.2 crore during the second quarter of this fiscal on better housing demand. The company had sold properties worth Rs 689.9 crore in the year-ago period. In a regulatory filing, Sobha informed […]

About 80% houses given under PMAY are owned by women: Prime Minister

Prime Minister Narendra Modi on Tuesday said that of the total number of houses that have been provided under the Prime Minister Awas Yojana (PMAY), the ownership of 80 per cent of them belong to women. Addressing the Urban Conclave held in Uttar Pradesh’s Lucknow today, where he digitally handed over the keys of Pradhan […]

Gurugram: Pipes laid in new sectors, but few builders apply for water connection

GURUGRAM: While around 30,000 families living in 18 new sectors of Gurgaon have been demanding piped water supply for several years now, developers of only 25 of the 56 housing projects along the Dwarka Expressway have applied for connection since August this year when the canal water supply began. Seeing the lukewarm response, the department […]

Gurugram: Gates can no longer be installed at will inside colonies

GURUGRAM: Gates can no longer be installed at will inside colonies. They also can’t be built on the main (24-metre-wide) internal roads that connect two sectors. And any move to install a gate on roads where they are permitted will have to be routed to the police for an assessment of its security need. These […]

Builder-buyers meetings planned to resolve dispute in Greater Noida

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has scheduled meetings with home buyers and real estate developers from October 7 onwards in a bid to resolve issues between them, officials said on Tuesday. The GNIDA has put out a list of six group housing projects and said the number of home buyers and representatives […]

Delhi HC asks Supertech to pay Rs 40 lakh to homebuyer by Oct end

NEW DELHI: The Delhi high court on Monday asked realtor Supertech to pay Rs 40 lakh by the end of October to a home buyer, who has filed a complaint about the delay in giving possession of a villa in one of the company’s projects in Yamuna Expressway Industrial Development Area, adjacent to the national […]

Office leasing jumps over 2.5 fold in eight cities in July-Sept: Report

NEW DELHI: Leasing of office spaces witnessed a sharp uptick in the July-September period at 12.5 million square feet across top eight cities on better demand, especially from the IT sector, with economy coming back to normalcy and corporate workforces slowly returning to work from office, according to Knight Frank India. The gross absorption of […]

About 3,800 families may be shifted for Noida International airport phase II

GREATER NOIDA: A three-month-long social impact assessment (SIA) survey for the Noida International Airport phase II at Jewar has found that nearly 3,800 families in six villages are likely to be displaced for the project and many residents were “ready” to offer with their agricultural land for the “development of the region”. A six-member team […]

No centre nod yet, key metro project in Gurugram may not start this year

GURUGRAM: Work on the Gurugram metro corridor between Huda City Centre and Cyber City is unlikely to begin this year. The detailed project report (DPR) is awaiting the Union urban development ministry’s approval, according to the Haryana Mass Rapid Transport Corporation Limited . Officials from the corporation said the DPR is awaiting approval of the […]

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