The Noida and Greater Noida authorities have moved quickly to take up the recommendations of the union government-appointed committee on stalled real-estate projects, which includes a model package to give a boost to developers in the two cities, over the weekend. This comes in the wake of the committee, headed by former NITI Aayog CEO […]
After a report by an expert committee of the Union Ministry of Housing and Urban Affairs (MoHUA) on legacy stalled real estate projects, Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has said 3,467 real estate projects are registered with it. Out of this, 1,598 projects are registered in the National Capital Region (NCR) of […]
NEW DELHI: State-owned construction firm NBCC (India) Ltd has sold commercial properties worth Rs 821 crore at Nauroji Nagar in the national capital through an auction. In a statement on Wednesday, NBCC said it has conducted 20th auction for the sale of commercial space in the World Trade Centre, Nauroji Nagar, New Delhi. “The company […]
The New Delhi Municipal Council (NDMC) will be undertaking a comprehensive upgradation of the area around Gole Market, which will include facilities such as parking, setting up of on artist gallery and a food court, officials said, adding that a proposal to this effect was approved by the local body on Wednesday. The features will […]
To ensure a safe and easy commute around the Millennium City Metro station (erstwhile Huda Metro station), the district administration on Tuesday asked the Gurugram Metropolitan Development Authority (GMDA) initiate steps such as the opening of service lanes outside Fortis Hospital, besides setting up traffic signals on the stretch. The decision was taken during the […]
GURUGRAM: A private agency hired by MCG has started distributing tax assessment bills to 6.4 lakh property owners, so they can rectify as well as revise the existing data with the corporation on property tax, officials said on Tuesday. With the exercise underway, residents won’t have to visit MCG’s office to make corrections in the […]
The Haryana Cabinet has approved amendments to the Affordable Housing Policy-2013, leading to a 20% increase in the allotment rates for apartments in the affordable group housing (AGH) category. The decision aims to revitalise the affordable housing sector in Haryana and address the rising materials. The revised rates, applicable to different zones, will encourage developers […]
The Golf Course project, located in sector 151 along Noida Expressway, remains incomplete due to some farmers withholding their land for the project, leading to disruptions at the site. A day after members protested, officials from the Noida authority, led by additional chief executive officer Manvendra Singh, visited the new Golf Course project site to […]
NOIDA: The three industrial development authorities in Gautam Budh Nagar have initiated an exercise to establish uniformity in building bylaws, charges for plot allocation, and how plots get allocated to farmers. On directives from the infrastructure development commissioner, officials are reviewing existing policies and regulations now, and they will likely ready an uniform framework in […]
Bharti Real Estate has revealed plans to invest over Rs 6,595 crore ($794 million) for the establishment of a global business hub adjacent to the . SK Sayal, the CEO of the company told ET, “We have undertaken one of the largest developments in Delhi and once completed, it will compete with the best of […]
To provide water to the tail-end areas in the city, which face scarcity of water, particularly in the summer, the Gurugram Metropolitan Development Authority (GMDA) will lay master water supply pipeline from Basai water treatment plant to ensure that residents of Palam Vihar, sectors 22, 23, 23A and adjoining areas along the Dwarka Expressway get […]
The Delhi Development Authority (DDA) is reviewing the eligibility criteria for allotment of flats offered under the agency’s housing schemes that allows one person to bid for just one unit, as the authority is looking to augment sales by attracting more buyers. The clause was added to provide affordable housing to a larger part of […]
