Tata Realty and Infrastructure, the real estate development arm of Tata group, has leased out over 156,000 sq ft office space at commercial tower Intellion Edge and its information technology park, Intellion Park, in Gurgaon to PepsiCo and Johnson Controls. Of the leased space, Johnson Controls, the global leader for smart, healthy, and sustainable buildings, […]
GURUGRAM: Haryana’s Department of Town and Country Planning has appointed a team to determine the market value of flats affected by the vertical collapse of a section of highrise here and to find out if they could be repaired properly. The team comprised of financial assessors as well as IIT’s structural engineers, Gurugram Deputy Commissioner […]
NOIDA: The Supreme Court has directed Noida Authority to pay a compensation of Rs 100 crore to a man who had bought two plots totalling 7,400 sq m in Chhalera Bangar village in 1997. The authority was asked to pay the amount in six weeks. Reddy Veerana, the petitioner, had purchased the two plots from […]
The Supreme Court on Monday said it will protect the interest of home buyers of 40 storey twin-towers of Emerald Court project of real estate developer Supertech Ltd, which has been now declared bankrupt by NCLT and directed them to file by April 15 their claims for refund of payments. Realty firm Supertech Ltd informed […]
Haryana Real Estate Regulatory Authority (HaRERA) will come up with a detailed guideline for handing over of projects to RWAs, formation of RWAs and obligation of builders. The authority in partnership with other departments is organising a conclave on RWAs to make them aware of the existing Act.“Lack of knowledge of provisions related to Association […]
NEW DELHI: The Supreme Court on Thursday directed statutory authorities Town and Country Planning department, Noida, and Greater Noida to hold a meeting with the new board of management of Unitech to prepare a formulation for the grant of statutory approvals for completion of the stalled projects in the interest of home buyers. The top […]
GURUGRAM: The enforcement team of the department of town and country planning (DTCP) on Thursday carried out a major demolition drive in Saraswati Kunj along Golf Course Road and razed over 3,000 shanties. Local goons and land sharks have been charging ocupants— mostly daily wagers, small shopkeepers and domestic staff— a monthly rent of Rs […]
NEW DELHI: Delhi deputy chief minister Manish Sisodia on Thursday alleged that the BJP, which is ruling the three civic bodies here, was planning to raze constructions in 1,750 unauthorised irregular and 860 slum colonies. Addressing a press conference here, Sisodia also said the BJP-ruled municipalities — south, north and east — had issued notices […]
The Delhi High Court has asked Indiabulls housing finance to reconcile the project loan accounts of all Supertech Group Companies and to decide refund any amount overpaid to it. Realty developer has alleged that they have paid extra amount to Indiabulls and want to financial institution to return the amount and clear the project so […]
NEW DELHI: The Arvind Kejriwal government on Wednesday announced free travel for registered construction workers in public buses, a move that will benefit over 10 lakh people in the national capital. Announcing the launch of the scheme, Deputy Chief Minister Manish Sisodia, who also holds the labour department portfolio, distributed free bus passes to 100 […]
GURUGRAM: The Municipal Corporation of Gurgaon (MCG) is waiting for approval from the department of town and country planning (DTCP) to initiate the takeover of nine licensed colonies in the city and complete deficient infrastructure works. Chief minister Manohar Lal Khattar had recently announced the “immediate takeover” of the colonies. MCG will take over maintenance […]
NEW DELHI: The office segment in India has been one of the fastest to recover from the impact of the pandemic. The Grade A office market across the top seven cities is poised to grow to over billion sq ft in size by 2026, according to JLL. In the post-Covid world, the flex space segment […]
