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Noida: Over 20,000 Jaypee buyers begin voting on NBCC, Suraksha bids

NOIDA: Homebuyers of Jaypee Wish Town have started voting to choose either Mumbai-based Suraksha or public sector company NBCC as the bidder of choice for the completion of nearly 20,000 flats. “A secure link has been sent to the buyers on June 12 evening. The buyers have the option of saying ‘Yes’ to one candidate. […]

PNB Housing says pricing for Rs 4,000 crore-deal in line with applicable law

NEW DELHI: Amid concerns raised in certain quarters about its proposed Rs 4,000 crore-deal with Carlyle group, PNB Housing Finance on Wednesday said the process followed in determining the issue price for its securities was in line with the “market practice” followed by listed companies and in compliance with the applicable law. Responding to clarifications […]

Greater Noida development body to select architects for its own projects

GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) will shortlist a bunch of architecture firms for urban planning and designing. The authority will take the help of experts for site evaluation, designing of buildings and infrastructure projects, structural audit and for putting up signage, lights at crossings, and intersections, as well as for landscaping […]

Gurugram civic body to take action against illegal commercial units

GURUGRAM: The MCG commissioner has directed the joint commissioners to send notices to owners of commercial properties operating without a trade licence in the city. According to property tax records, there are 66,000 commercial units in the city. But a majority of them don’t have a trade licence, officials said. “The commercial units in the […]

Gurugram development body readies final draft for liveability index

GURUGRAM: After several delays, the Gurugram Metropolitan Development Authority (GMDA) has published the final draft of the liveability index with 11 indicators and 42 parameters that will be used as the basis for ascertaining the current standard of living in the city and defining the benchmark figures. The 11 key performance indicators (KPI) against which […]

Noida: NBCC offers 49 Amrapali flats, 20 sold

NOIDA: State-backed construction company NBCC on Monday sold 20 of 49 flats from different projects of Amrapali through its website. Buyers had to fill a form and there were provisions for housing loans too. NBCC has a total inventory of around 5,000 flats in Amrapali projects. While 10 of the 11 flats that were put […]

Projects in Delhi still struggling to get all their construction workers back

NEW DELHI: Over a week after construction activity got the go-ahead, PWD officials said that while the number of workers had started to increase, they were still short of hands to complete projects in time. Private construction firms were also struggling to get all their labourers back to the capital. Shyam Prasad, a construction worker, […]

Recheck all approved building plans: Gurugram civic body commissioner

GURUGRAM: MCG Commissioner Mukesh Kumar Ahuja on Monday instructed officials to check all the approved building plans and start issuing notices to individuals for obtaining the occupation certificate. The direction came during the meeting with the officials of planning and revenue wings on Monday at MCG office in Sector 34. Senior town planner Sanjeev Mann […]

Aakash Educational’s founder buys farmhouse in south Delhi for Rs 96 crore

JC Chaudhary, the founder of Aakash Educational Services Ltd, has purchased a 5-acre farmhouse in south Delhi for around Rs 96 crore, three people aware of the deal said. Chaudhary’s purchase of Pushpanjali Farm at Bijwasan is his second big-ticket real estate transaction in the last two months and comes close on the heels of […]

Delhi civic bodies plan to collect property tax at your doorstep

NEW DELHI: With a target to increase property tax collection, civic bodies have started organising camps, filing details online and collecting cheques from doorsteps while following proper Covid guidelines. A South Delhi Municipal Corporation (SDMC) official said that they are talking to the 1,400 common service centres to help in the process of collection and […]

Adani Enterprises incorporates new subsidiary for cement business

NEW DELHI: Adani Enterprises Ltd (AEL) on Saturday said it has incorporated a wholly-owned subsidiary, Adani Cement Industries Limited (ACIL), to manufacture all types of cements. In a filing to BSE, the company said it incorporated the wholly-owned subsidiary on June 11, 2021 and the subsidiary company yet to commence its business operations. The new […]

Corporations yet to finish survey of all dangerous buildings in Delhi

NEW DELHI: The advancement of monsoon arrival date has put the dangerous building survey exercise under spotlight as Delhi witnesses several old and dilapidated structures collapsing during the rainy season every year. Only 57% of the 11.4 lakh buildings have been surveyed in South Delhi Municipal Corporation jurisdiction areas so far and just four structures […]

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