GHAZIABAD: A four-member committee set up by the Ghaziabad district magistrate to look into illegal sale of government land has identified 10 property dealers who allegedly sold plots earmarked for a project whose foundation stone was laid by the chief minister. Many of the families who were sold the plots also built houses on them. […]
NEW DELHI: Organised retail real estate stock is expected to rise 28 per cent to 82 million square feet by 2023 across six major cities, according to CBRE. In its report titled ‘India Retail Reboot 2021’, CBRE South Asia said India’s organised retail stock has reached 64.3 million sq ft as of H1 2021 and […]
NOIDA: Families looking to buy secondary market property in Noida will have to pay only 50% of transfer charges from Friday. The Noida Authority on Thursday issued an order, reducing the property transfer charges to 2.5% from 5%, a day after the minutes of its September 24 board meeting were approved by the state government. […]
NEW DELHI: Aimed at curbing pollution, the East Delhi Municipal Corporation on Wednesday issued an order making it mandatory to dispose construction and demolition waste generated at sites of construction or renovation of buildings at a designated waste processing plant only. East Delhi Mayor Shyam Sunder Aggarwal said earlier 68 designated points were earmarked in […]
NEW DELHI: Housing demand has breached pre-COVID levels with 92 per cent year-on-year growth in sales during July-September period units across eight major cities, mainly on the back of stable prices, very low mortgage rates, property consultant Knight Frank India said on Monday. Releasing its India Real Estate Update for Q3 (July-September quarter) of the […]
NOIDA: With less than two months left for the Supreme Court deadline to bring down the twin towers, Noida Authority officials said on Wednesday they will be ready with the outline plan for the demolition process by October 12. The Authority is preparing the bid document with the help of the Roorkee-based Central Building Research […]
Software major SAP India Pvt Ltd has renewed lease for its nearly 100,000 sq ft office in VatikaTowers on Golf Course Road in Gurgaon, two people aware of the development said. SAP has been operating in VatikaTowers for over 14 years and has extended its lease for a new term of nine years. “We can […]
NEW DELHI: Indiabulls Housing Finance on Wednesday said it has exited from UK-based OakNorth Holdings for about Rs 3,049 crore. In November 2015, Indiabulls Housing Finance acquired a 39.76 per cent stake in OakNorth Holdings Limited for Rs 663 crore (USD 100 million), the company said in a regulatory filing. “Through various rounds of secondary […]
NEW DELHI: Bengaluru-based real estate firm Sobha Ltd on Wednesday said it has clocked 49 per cent growth in sales bookings at Rs 1,030.2 crore during the second quarter of this fiscal on better housing demand. The company had sold properties worth Rs 689.9 crore in the year-ago period. In a regulatory filing, Sobha informed […]
Prime Minister Narendra Modi on Tuesday said that of the total number of houses that have been provided under the Prime Minister Awas Yojana (PMAY), the ownership of 80 per cent of them belong to women. Addressing the Urban Conclave held in Uttar Pradesh’s Lucknow today, where he digitally handed over the keys of Pradhan […]
GURUGRAM: While around 30,000 families living in 18 new sectors of Gurgaon have been demanding piped water supply for several years now, developers of only 25 of the 56 housing projects along the Dwarka Expressway have applied for connection since August this year when the canal water supply began. Seeing the lukewarm response, the department […]
GURUGRAM: Gates can no longer be installed at will inside colonies. They also can’t be built on the main (24-metre-wide) internal roads that connect two sectors. And any move to install a gate on roads where they are permitted will have to be routed to the police for an assessment of its security need. These […]
