About 150 flats in stalled project to be given to Amrapali buyers on Diwali, SC told

NEW DELHI: In a first glimmer of hope for hassled Amrapali home buyers, around 150 flats completed by NBCC in a stalled project since the real estate company ran into trouble will be given to them on the occasion of Diwali, the Supreme Court was informed on Monday. The top court was told that 150 […]

Wipro leases 3.5 lakh sq ft at Mindspace Business Park in Navi Mumbai

Software major Wipro has entered into an agreement to pick up an entire commercial tower spread over 3.5 lakh sq ft office space at K Raheja Corp’s Mindspace Business Park in Navi Mumbai’s Airoli through a long-term lease, people with direct knowledge of the development told ET. The IT Special Economic Zone (SEZ), Mindspace Airoli […]

Greater Noida: GNIDA plans to allot leftover IT plots to industry, institutions

GREATER NOIDA: After several plots meant for setting up information technology-related units failed to get takers, the Greater Noida Industrial Development Authority (GNIDA) has now approved a plan to establish industrial and institutional units in the area. The authority has identified about 40 leftover plots and plans to come up with an allotment scheme for […]

Rent of retail space up 11-17% in Delhi’s upscale markets in July-Sept: Report

NEW DELHI: Rentals of high-street retail are inching back to pre-COVID levels in Delhi-NCR on the back of revival in business, as rents in upscale Khan Market, South Extension and Connaught Place have risen 11-17 per cent during July-September compared to the previous quarter, according to Cushman and Wakefield. “Rentals inching back to pre-COVID levels […]

East Delhi civic body closes 44 out of 61 construction waste dumping sites

NEW DELHI: As part of a larger plan to curb pollution in the national capital, the civic authorities in east Delhi have reduced the number of sites earmarked for dumpingconstruction and demolition waste to 17 from 61, officials said on Friday. Besides, special inspection teams have been deployed for dedicated monitoring ofbiomass burning, unauthorised dumping […]

Illegal construction in Corbett Tiger Reserve example of administration failure: NTCA

NEW DELHI: The National Tiger Conservation Authority (NTCA) committee which recently visited Corbett Tiger Reserve regarding alleged illegal construction of bridges, buildings and water bodies by the felling of trees, onFriday observed that the entire ongoing construction activities in one of the highest density tiger habitat of the world without any competent sanctions and byviolating […]

Delhi court reserves order on Avantha Group’s bail plea till October 30

NEW DELHI: A Delhi court on Saturday reserved its order till October 30 on a bail plea moved by Avantha Group promoter Gautam Thapar who wasarrested in connection with a Rs 500-crore money laundering case. Thapar is currently in judicial custody. Special Judge Sanjeev Aggarwal reserved his order on Thapar’sbail plea after hearing arguments from […]

Gurugram: GMDA issues notice to Sare Homes society for encroaching on green belt

Gurugram : The Gurugram Metropolitan Development Authority (GMDA) has issued a notice to the residents’ welfare association (RWA) and facilitymanagement company of a society in Sector 92 for allegedly encroaching upon a green belt in the area to open an “unauthorised path” to thesociety. The notice was issued to the Royal Green Condominium Association of […]

Gurugram: Commercial power tariff worries Raheja Atharva residents

GURUGRAM: Residents of Raheja Atharva are in a fix, with Dakshin Haryana Bijli Vitran Nigam (DHBVN) levying commercial rate power charges against the Sector 109 housing society’s temporary electricity connection. The power discom has sent bills at a rate of 13.30 per unit. The residents say they are bearing the brunt of the developer’s “negligent […]

Government considering 5% quota for EV parking in existing buildings

NEW DELHI: Transport minister Kailash Gahlot chaired the first meeting of the apex monitoring committee set up under the ‘Delhi Maintenance and Management of Parking Places Rules, 2019’, with special focus on reserving 5% space in all new construction for electric vehicles (EV). The government is considering provision for reservation of EV parking spaces in […]

Online building permission system in all cities by March 2022: Housing secretary

NEW DELHI: The online building permission system will be implemented across all cities by March next year from about 2,500 cities currently to facilitate ease ofdoing business in the real estate sector, Housing and Urban Affairs Secretary Durga Shanker Mishra said on Thursday. Addressing a real estate conference organised by CII and JLL India, the […]

‘Builders’ cheat Delhi businessman of Rs 1.5 crore by selling floor, booked

GURUGRAM: A Delhi-based businessman was allegedly cheated of Rs 1.5 crore by a realtor on the pretext of investment in a builder floor.Hansh Raj (69), a resident of West Punjabi Bagh, got in touch with Gurbani Kaur and Jasmeet Singh, residents of DLF-2 in January 2018. Gurbani andJasmeet introduced themselves as builders and informed Hansh […]

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