NEW DELHI: Realty firm Supertech Ltd on Wednesday said it plans to raise about Rs 300 crore to expedite construction activities at its ongoing projects across the Delhi-NCR market. In a statement, Supertech said it has “resumed construction in full swing” at all its projects after the orders of the National Company Law Appellate Tribunal […]
GURUGRAM: Residents of Ansal Esencia in Sector 67 met H-Rera officials on Wednesday and sought their intervention for completing deficient infrastructure in the colony. Following this, the real estate watchdog directed the developer to ensure that the necessary infrastructure is built soon. They also warned of legal consequences if any violations of the direction are […]
The Delhi government is planning to extend the 20% discount offered on circle rates of properties in the national Capital for six more months, officials said on Wednesday. On February 5, 2021, the Delhi government had reduced circle rates for all categories of properties– residential, commercial and industrial– by 20% till September 30, 2021. The […]
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has cancelled the registration of three real estate projects in Ghaziabad. According to officials, promoters of Antriksh Sanskriti Phase-2, Antriksh Sanskriti Phase-3 and Raksha Vigyan Sanskriti Phase-2 have allegedly violated provisions of the RERA Act , 2016, and the Uttar Pradesh Real Estate (Regulation and Development) Rules, […]
NOIDA: Owners of farmhouses in Sector 135 have started filing their objections to the Noida Authority’s decision to demolish these structures on the ground that they have been built on the Yamuna and Hindon floodplains. The owners cited various high court orders and rules to drive home the point that these farmhouses were not illegal. […]
NEW DELHI: Venture X, an affiliated brand of United Franchise GroupTM’s (UFG) co-working division-CoworksTM, has entered Indian co-working sector through franchise based model and plans to invest $2-3 million by 2023. The company so far has invested approximately $5 million in the Indian market. “Post the pandemic, flexible office spaces are very much in demand […]
The Allahabad high court on Tuesday directed the Noida authority to serve individual notices before demolishing farmhouses built on the Yamuna floodplains. The court order follows an urgent writ filed by nine farmhouse owners. They stated that the authority is putting up unsigned public notices on their farmhouses, deeming the structures “unauthorised” because they do […]
Gurugram: The Haryana Shahari Vikas Pradhikaran (HSVP) has launched an online module for allottees to fix any issues or errors related to their property details in the authority’s database. Allottees no longer need to visit the HSVP office in person and can raise a request online, following which corrections will be made if required, a […]
GURUGRAM: The town and country planning department (DTCP) is in the process of hiring a private agency to prepare a status report of the Mahira Homes affordable housing project, whose licence was recently cancelled, before its takeover. DTCP is poised to take charge of the project in Sector 68 after the builder’s licence was cancelled […]
Law firm Trilegal has leased about 40, 000 sq ft office space in Saket, Delhi, two people aware of the deal said. International property consultant Cushman & Wakefield has facilitated the deal. The company declined to comment. “The deal has been signed recently and the law firm will move in soon. The property where Trilegal […]
GURUGRAM: A team from the agency finalised for the structural test of Chintels Paradiso, along with experts from-IIT Delhi and members of the investigation committee constituted by the district administration, inspected the collapse site on Saturday. The agency is expected to start collecting samples next week for the ongoing structural audit of the Sector 109 […]
NOIDA: Over 500 policemen will manage security and traffic around the Supertech twin towers when they are brought down on August 21. Officials of Edifice Engineering, the private firm supposed to carry out the demolition, said they would meet the police commissioner on Tuesday to discuss the security matter. The work on charging the columns […]
