News

KGK Realty and Dhoot Infra takes over Sare Gurgaon project, to help 1200 homebuyers

A consortium of KGK Realty (India) Limited and Dhoot Infrastructure Projects Limited has taken over the group housing project, Sare Gurugram, after the NCLT cleared the resolution plan for the project. The move will help over 1200 homebuyers and the company has already started giving possession. Sare Homes, a 47-acre project has 4 million square […]

Two lakh homebuyers pin registry hopes on panel

NOIDA: Homebuyers and developers in the city have pinned their hopes on an expert committee headed by Amitabh Kant, who is currently the G20 sherpa, as it finalises its report on reviving stalled real estate projects. The panel, also comprising representatives from central government and states, has submitted its report to the Union ministry of […]

Three chain snatchers active around high-rises nabbed in Greater Noida

The Gautam Budh Nagar police on Thursday arrested three men who allegedly snatched chains and valuables from passersby after a brief gunfight in Greater Noida. The gang was active around high-rises in Greater Noida West and targeted residents going out to drop their children to school or to run errands in nearby commercial complexes, said […]

Ghaziabad: Residents protest as hundreds of houses on river Hindon floodplain face electricity disconnection

Hundreds of resident of Kanawani in Indirapuram staged protests on Thursday evening after the officials of the electricity department snapped their connections while citing that these were illegal. The police intervened amid the protests and said that the deadlock was ended after almost two hours. The Kanawani village is home to migrant workers and villagers […]

Ambuja Cements acquires Sanghi Industries at an enterprise value of Rs 5,000 crore

NEW DELHI: Ambuja Cements (ACL), the cement and building material company of Adani Cement and part of Adani Group, has acquired Sanghi Industries (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74% shares of SIL from its existing promoter group, Ravi Sanghi & family. The acquisition will be fully funded through […]

Tesla leases office in Pune’s Viman Nagar amid India foray talks

Even as top executives of Tesla are meeting up with Indian government officials to discuss its foray into the country, the US-based electric vehicle manufacturer has picked up office space in Pune’s Viman Nagar locality. The company’s India arm, Tesla India Motor & Energy, has leased the office spread over 5,850 sq ft in a […]

Committee formed to decide the fate of Bhangel elevated road

The Noida authority has formed a committee to decide the fate of Bhangel elevated road that has been delayed due to the slow pace of work. Commuters and residents along the construction site have demanded that the work be expedited as the construction has put their lives in a disarray since long. Noida authority chief […]

Noida: State allows farmers to claim compensation for government land

To appease farmers who gave up land for the under construction Noida international airport in Jewar, Greater Noida, the Uttar Pradesh government has decided to allow farmers to claim compensation for the government land that was being used by them for agricultural purposes since the past many decades. The move came after the state government […]

Greater Noida: GNIDA to take over upkeep of freehold property in Sector Omega

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) after 12 years decided to take up the maintenance of the only freehold property ever sold in Greater Noida. It is a 100 acre prime plot in Sector Omega at Pari Chowk, which remained unkempt and turned into a wasteland. The GNIDA will sign an MOU with […]

Haryana notifies policy for industrial clusters on farm land

CHANDIGARH: The Haryana town and country planning department on Tuesday announced the setting up of clusters of industrial units as well as warehouses on agricultural land. The department, while notifying the policy, also elaborated in detail the terms and conditions for the aspiring entrepreneurs keen to set up such industries. Barring the “hyper sensitive zones” […]

Hospitality expo in Greater Noida to bring luxury hotels, homestays under one roof

In it’s sixth edition, the India International Hospitality Expo, which will be held in Greater Noida from Wednesday, will bring over 20,000 buyers from across the hospitality industry under one roof, said the event organisers on Tuesday. With Himachal Pradesh (HP) as its focus state this year, the four-day expo is stated to be inaugurated […]

Dwarka Expressway, urban extn road 2 to be ready soon, says Gadkari

Union transport minister Nitin Gadkari on Monday said work of Dwarka Expressway will be completed soon and, once ready, it will ease the movement of commuters across the National Capital Region (NCR) and also to other states via the Delhi-Mumbai Expressway. The Union minister said the completion of this road project and the urban extension […]

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