News

YEIDA issues notices to ATS Group & Supertech to deposit Rs 332.6 crore in two weeks

NOIDA: The Yamuna Expressway Industrial Development Authority (YEIDA) has issued notices to ATS Group and Supertech to deposit Rs 332.6 crore in two weeks so that farmers can be paid additional compensation. If the developers fail to deposit the amount, YEIDA will recover it by cancelling the lease deed of lands allotted to them under […]

K Raheja Corp acquires 1.5-acre land in Mumbai’s Sion for Rs 120 crore

Realty developer K Raheja Corp has acquired an over 1.5-acre land parcel in central Mumbai’s Sion locality from a public charitable trust K J Somaiya Trust for over Rs 120 crore. An additional 0.4-acre land parcel adjoining this plot will also be acquired by the developer through a separate transaction later, as per the terms […]

Notice issued to seven Gurugram developers for missing amenities in EWS flats

The Department of Town and Country Planning has issued notice to seven developers for not providing necessary amenities in around 2,500 EWS flats. These flats lack water, power and sewage connections and hence cannot be allotted to people. The Housing Board Haryana wrote to the department about the issue, following which DTCP has called for […]

Finish Supertech twin towers debris removal from site by Nov 28: Noida Authority

NOIDA: The removal of debris of Supertech’s twin towers from the site in Sector 93A should start from Thursday and end by November 28, the Noida Authority directed officials on Wednesday. It Also directed Edifice Engineering, the company hired to demolish the twin towers, to construct a portion of boundary wall of ATS Village society […]

Gurugram: 95% guesthouses illegal, most in licensed colonies, says survey

GURUGRAM: More than 95% of around 2,500 guesthouses in Gurugram are illegal, TOI has learnt. These guesthouses are mainly concentrated within the licensed colonies of DLF phases 1, 2 and 3, Suncity, Palam Vihar, Sushant Lok, sectors 45, 46 and 47, and South City-I. The department of town and country planning (DTCP) has, meanwhile, completed […]

Noida: Five years & over 100 hearings but many Jaypee buyers no closer to flats

NEW DELHI: In January 2010, Puja Mehrish booked an apartment in Jaypee Infratech Ltd’s (JIL) Klassic Heights for which she took a loan. She was assured of possession in June 2013 but is still living in a rented place, while also paying EMIs. There are others like Col SK Gupta, who had booked an apartment […]

Manesar farmers again hold protest against acquisition of land

Around 200 farmers from Manesar on Wednesday held a protest against the acquisition of 1,810 acres in Kasan, Sehrawan and Kukdola villages by the state government and said acquisition of the land in Kasan at the rate of 91 lakh per acre was an “injustice” to land owners as the market rate was nearly 10 […]

Illegal call centre busted on Gurugram’s Sohna Road; nine held

Police and the chief minister’s flying squad busted an illegal call centre on Sohna Road late on Tuesday night and arrested nine people, including the owners. The call centre allegedly duped US nationals by offering them grants as employees of the Federal Grants Department, Washington DC, police said. The grants offered by them ranged between […]

New York Life Insurance to invest Rs 196 crore in a commercial project of Max Estates in Noida

New York Life Insurance Co, US based mutual life insurance company, has proposed to invest Rs 196 crore for a 49% equity stake in a commercial project of Max Estates’ SPV in Noida. The land spread across 4 acre in Sector 129, Noida was acquired by Max Estates, the real estate arm of Max group, […]

Larsen & Toubro subsidiary inks pact to transfer 15 acres of land to Brookfield

Infrastructure major Larsen & Toubro’s subsidiary L&T Metro Rail (Hyderabad) has entered into a pact with Brookfield Group to transfer around 15 acres of land parcel in the Hyderabad Information Technology and Engineering Consultancy City (HITEC City) to the global institutional investor, said two people with direct knowledge of the development. The land parcel will […]

Govt seeks list of Noida authority officials violating service terms

Uttar Pradesh industry minister Nand Gopal Gupta ‘Nandi’ has sought details of officials who are under transfer and still not leaving the Noida authority office in violation of the service rules, sources said. According to existing rules, Noida authority officials who are on deputation and those belonging to other government departments can stay for a […]

Gurugram authority to repair road connecting AIT Chowk to SPR

The Gurugram Metropolitan Development Authority (GMDA) will start repairing the 1.2km stretch between AIT Chowk and the Southern Peripheral Road (SPR), officials aware of the matter said, adding that the proposal was approved on Tuesday. The tenders for the project will be floated this week and work will be started at the earliest, officials said. […]

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