News

Gurugram: Give flats in six months or pay 12% interest, builder told

GURUGRAM: The National Consumer Disputes Redressal Commission (NCDRC) has directed a developer, ILD, to hand over in six months flats in a housing project in the city that was launched 14 years ago. The commission ruled that if the developer failed to deliver the flats within the time period, it would have to pay a […]

Industrialist duped of 3.5 crore in propery deal, ten booked

At least 10 people were booked for allegedly duping an industrialist of 3.5 crore by fraudulently selling him a residential property in Sushant Lok-3, which belongs to a real estate firm and was one of the several properties seized by the Central Bureau of Investigation (CBI) in 2014 in a multi-crore scam, said police on […]

188 home owners of Chintels Paradiso move Supreme Court seeking aid

At least 188 homeowners of the Chintels Paradiso condominium, where multiple ceilings collapsed on February 10 killing two residents, moved the Supreme Court on Tuesday seeking compensation, rehabilitation, an independent structural audit and action against the developer, contractor and other stakeholders, said a member of the residents’ legal team. The incident had led to residents […]

Greater Noida development body plans to rid city of C&D waste by April

NOIDA: A month-long drive has been rolled out by the Greater Noida Industrial Development Authority (GNIDA) to clear all construction and demolition (C&D) waste from the city. The authority has released a date-wise schedule for each sector and urged residents to inform it on debris lying along roads. Growing at a fast pace, Greater Noida […]

Bank consortium gives final approval of Rs 1,500 crore for Amrapali projects: SC

NEW DELHI: In a boost to the efforts of construction of stalled projects of Amrapali, the Supreme Court was on Monday told that a consortium of seven banks have granted final approval to infuse Rs 1500 crore out of which Rs 150 has been directly paid to National Buildings Construction Corporation (NBCC). A bench of […]

Sector names in Greater Noida likely to get replaced by numeric figures

NOIDA: After over 30 years, names of Greater Noida residential sectors such as Alpha, Beta, Delta and Omicron could be replaced by numeric figures like Sector 1, 2, 3, according to officials, a move apparently prompted by the Greek alphabet’s association with Covid variants. There has been a demand from a section of residents for […]

Greater Noida development body plans to rid city of C&D waste by April

NOIDA: A month-long drive has been rolled out by the Greater Noida Industrial Development Authority (GNIDA) to clear all construction and demolition (C&D) waste from the city. The authority has released a date-wise schedule for each sector and urged residents to inform it on debris lying along roads. Growing at a fast pace, Greater Noida […]

In a first, SDMC crosses 1,000 crore in property tax collections

New Delhi: Despite the impact of the second and third Covid-19 waves last year, the annual property tax collection of the South Delhi Municipal Corporation (SDMC) has crossed the 1,000 crore mark for the first time in the financial year that ended on March 31. The civic body collected over 1,075 crore from 460,000 taxpayers […]

Municipal Corporation of Gurugram prepares action plan to decongest Sadar Bazar

The Municipal Corporation of Gurugram (MCG) has prepared a comprehensive action plan for decongesting Sadar Bazar–one of the main markets in the city. Sadar Bazar is the oldest market in the city, with some of the shops dating back to the 1930s. It is a heavily congested area and has an average daily footfall of […]

Wave Group homebuyers stage protest over delay in delivery of flats in Noida

Homebuyers of Wave Group’s Amore apartments in Noida staged a protest on Saturday against the delay in delivery of flats. Around 55 homebuyers reached the project site located in Sector 32 at 10am and raised slogans against the office-bearers of the real estate developer. The residential project was announced in the year 2012 and the […]

Noida, Greater Noida sector names like Alpha, Omicron to be changed

After over 30 years, residential sectors in Greater Noida named after Greek letters ‘Alpha’, ‘Beta’, ‘Delta’ and ‘Omicron’ could be replaced by numeric figures like Sector 1, 2, 3, according to officials. There has been a demand from a section of residents for renaming the sectors and the local Greater Noida Industrial Development Authority (GNIDA) […]

Brookfield to buy 51% stake from Bharti Enterprises in four properties

NEW DELHI: Bharti Enterprises and Brookfield, have entered into a joint venture agreement for four commercial properties totalling to 3.3 million sq ft. “As part of the joint venture, a Brookfield private real estate fund will purchase 51% stake from Bharti Enterprises, which will continue with a 49% economic interest in the properties. The enterprise […]

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