News

Blackstone in talks to buy Delhi’s Select Citywalk Mall

Nexus Malls, the Indian retail portfolio arm of the investment firm Blackstone group, is in talks to acquire Delhi’s premium mall Select Citywalk which generates the highest sales per square foot in the country, two people aware of the development said. According to an executive who has knowledge of the development, the acquisition is part […]

Over 350 families don’t want to give land for Noida airport Phase 2

NOIDA: Over 350 families of Nangla Hukum Singh in Karauli Bangar village in Jewar have said they will not allow the UP government to displace them for land acquisition for the second phase of Noida airport. The villagers have decided not to take the compensation that is being offered by the government and vowed to […]

Delhi: MCD attaches three commercial properties in West zone for defaulting on tax

Taking stern action against property tax defaulters, the Municipal Corporation of Delhi (MCD) has attached three commercial properties in the West zone. “Anand Vatika situated on the Main Road in Bapraula has not paid property tax from 2004 and has total accumulated dues of Rs. 12,69,059 excluding interest and penalty,” said MCD in a press […]

Mahagun Group holds a cultural event to celebrate India’s Azadi Ka Amrit Mahotsav

New Delhi, August 17, 2022: NCR-based real estate developer Mahagun Group organised a cultural programme on the occasion of the 75th Indian Independence Day, giving a fitting tribute to the architects of modern India under the Azadi Ka Amrit Mahotsav celebrations. The Independence Day celebrations took place at two residential complexes, Mahagun Mirabella, located in […]

Manesar couple dupe woman of 3.75cr in bogus land deal, police say probe on

Gurugram: A husband and wife were booked on charges of cheating and criminal conspiracy after they allegedly duped a woman of 3.75 crore that she had received from the Haryana government as compensation for her land that was acquired in 2011, police said on Friday. Police identified the victim woman as Sunita Yadav (55), a […]

Gurugram-based ‘Rise Infra’ expands projects in west, starting with Mumbai

Rise lnfraventures Limited, Gurugram-based North India’s leading real estate consultancy firm, known to be expert in Commercial transactions and specialised in residential luxury segment, has announced to start their wings in Mumbai followed by other cities of western part of India. Subsequently essential plan will continues company’s massive expansion plan, spelt out earlier to set […]

Delhi civic body attaches three commercial properties in west zone over tax default

NEW DELHI: The Municipal Corporation of Delhi (MCD) has attached three commercial properties in its west zone for defaulting on property tax, an official statement said on Thursday. “Sufficient opportunity” was given to these property owners to pay the tax, but they did not heed to the show-cause notices, it said. Two properties — Anand […]

Office space demand recovery gets broad-based as small, mid-sized deals pick up

The recovery in commercial real estate, especially office spaces, after the Covid-19 pandemic is getting broad-based as indicated by the rising number of small and mid-size leases and outright transactions across segments and key property markets. Listed Real Estate Investment Trusts (REITS) and realty developers with sizable office real estate portfolios have started witnessing increase […]

NCRTC plans freight trains on Delhi-Ghaziabad-Meerut RRTS route

The National Capital Region Transport Corporation (NCRTC), which has undertaken the Regional Rapid Transit System (RRTS) project, is planning to run dedicated trains for commercial services between the NCR cities, sources said on Friday. Officials also said that a detailed plan is being conceptualised for the purpose. The 82-kilometre-long RRTS project will connect Delhi, Ghaziabad […]

MCG steps up anti Covid-19 measures amidst rise in cases

Gurugram: The Municipal Corporation of Gurugram (MCG) has decided to increase staff at its coronavirus control room which is used for contact tracing and for uploading real-time data on Covid-19 cases. The corporation will also restart extensive sanitising and disinfection services at Covid-19 hotspots amidst a rise in coronavirus cases in the city. “From around […]

One of Supertech twin towers fully rigged with explosives, work in full swing on other

NOIDA: One of the Supertech’s illegal twin towers in Noida has been fully rigged with explosives, as the charging process continued in full swing on Thursday, officials said. The nearly 100-metre tall structures are scheduled for demolition at 2.30 pm on August 28 in pursuance of a Supreme Court order that found the twin towers […]

Delhi civic body attaches three commercial properties in west zone over tax default

NEW DELHI: The Municipal Corporation of Delhi (MCD) has attached three commercial properties in its west zone for defaulting on property tax, an official statement said on Thursday. “Sufficient opportunity” was given to these property owners to pay the tax, but they did not heed to the show-cause notices, it said. Two properties — Anand […]

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