News

Buyers of commercial building to move court against Gurugram civic body

The Municipal Corporation of Gurgaon (MCG) is in the dock for not taking any action against the commercial complex on Mehrauli-Gurgaon road for illegal construction, despite the order of the High Court. The residents welfare association of the complex is now planning to move the HC again for contempt of its order by the MCG. […]

DDA to table MPD-2041 for final nod soon

Delhi lieutenant-governor (l-G) Anil Baijal reviewed the draft Master Plan on Monday in the advisory council meeting after DDA made a few changes in the draft plan by incorporating the suggestions/objections received from the public. The draft Master Plan of Delhi 2041 (MPD-2041), which was put up for public scrutiny on June 9 last year, […]

Test blasts for Supertech twin towers in UP today; traffic to be briefly suspended

Noida is set to see test blasts to raze down the illegally built Supertech twin towers on Sunday afternoon. The Edifice Engineering and Jet Demolitions has been roped in by the Noida authority, and the residents living nearby have been asked to stay indoors. A test or trial blast is required to determine the exact […]

Office leasing grows 97% to about 11.4 million sq ft in Q1 2022: Report

NEW DELHI: The office sector in India continued to witness a robust recovery in Q1 2022, as leasing activity grew by 97% year-on-year to touch 11.4 million sq. ft, according to report by CBRE South Asia, a real estate consulting firm. Bengaluru, Chennai and Delhi-NCR dominated absorption during the quarter, accounting for almost two-thirds of […]

Dwarka expressway stretch in Gurugram may open in December

GURUGRAM: The 18.9km-long stretch of the Dwarka Expressway in Gurugram from Kherki Daula to Bajghera is likely to be opened to commuters by the end of the year, with officials from the National Highways Authority of India (NHAI) revealing on Sunday that December 2022 is the latest deadline for the Gurugram portion of the project. […]

About 100 villages in Gurugram now declared Lal Dora-free

GURUGRAM: As many as 100 villages in Gurgaon have been declared “Lal Dora-free” and the district administration is going to distribute nearly 20,000 property documents to residents in these villages in the next week. Lal Dora means red thread. Lal Dora land refers to population land that does not fall under the purview of the […]

Office vacancies stay stable as companies start bringing staff back

Vacancies in grade A office space markets across the top six cities remained stable for the first time after two years of constant increase in the first quarter ended March at 18.5% with companies reviving expansion plans and employees returning to work. Office vacancy had been increasing by around 2% every successive quarter since the […]

Test blast takeaway: Demolition of Noida’s Supertech twin towers may be delayed

A test blast before actual demolition of the illegal Supertech twin towers in Noida was successfully carried out at 2.30pm, officials said on Sunday. Experts now estimate that they might need more time to prepare the building for demolition, which could take place after the May 22 deadline mandated by the Supreme Court. The exercise […]

Chintels Paradiso owners hold silent protests to mark two months of collapse

A group of apartment owners of Chintels Paradiso held silent protests at different government offices, including the mini-secretariat, police commissionerate, and at the condominium on Sunday to mark two months of the multiple ceiling collapse in Tower D of the condominium that killed two residents. Two months after the February 10 incident forced 35 families […]

Greater Noida increases land rates upto 25% in residential category

GREATER NOIDA: The Greater Noida authority has hiked the land allotment rates for all properties–residential, industrial as well as IT plots–for the 2022-23 fiscal, which will be applicable retrospectively from April 1 onwards, officials said Wednesday. While the hike for different categories of residential properties is upto 25% (the hike for category A is 17%, […]

Green view condominium ‘unsafe’, NBCC told to decide on refund plan in 30 days

The department of town and country planning (DTCP) on Saturday said the structural audit report of NBCC Green View complex in Sector 37 D submitted by a committee of experts from IIT Roorkee and Central Building Research Institute (CBRI) has determined that the buildings in the condominium are structurally unsafe and not fit for habitation. […]

Godrej Properties inks pact to develop 7-lakh-sq-ft residential project in Mumbai

Godrej Properties, real estate development arm of the Godrej Group, has extended its existing arrangements with Mumbai-based property developer Shivam Realty to develop a residential group housing project, off Akurli crossroad at Hanuman Nagar of Mumbai’s Kandivali suburb. This project is an extension of Godrej Tranquil and Godrej Nest and will offer around 7 lakh […]

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