News

Brookfield, Alta Capital, Keppel in talks to buy Goldman Sach’s Good Host Spaces stake

Global alternative investment major Goldman Sachs has shortlisted Brookfield Asset Management, Alta Capital, and Singapore’s Keppel Corp to sell its stake in India’s largest student housing platform Good Host Spaces, said persons with direct knowledge of the development. Goldman Sachs holds around 70% in the company that owns and operates third-party purpose-built, oncampus student housing […]

Get Chintels Paradiso Tower H vacated, DTCP tells builder as IIT report flags flag flaws

GURUGRAM: The department of town and country planning (DTCP) has directed the developer of Chintels Paradiso to get Tower H of the society vacated. Tower H is the fifth and the latest building to be declared unsafe at the Sector 109 society, where a vertical cave-in at tower D killed two women in February 2022. […]

Aravalli Rejuvenation Board formed to curb illegal mining in Aravallis

The deputy commissioner of Gurugram formed a seven-member team on Wednesday to curb illegal mining in the protected Aravallis, said district officials, adding that its first meeting was also held at the Mini Secretariat the same day.Officials said the team, ”Aravalli Rejuvenation Board”, will comprise officials from the forest department, state pollution control board, revenue […]

DTCP asks Chintels to get Tower H vacated at once

The department of town and country planning (DTCP) on Wednesday issued directions to Chintels India Ltd, the developer of Chintels Paradiso condominium in Sector 109 to get the Tower H vacated immediately as the structural audit report submitted by IIT-Delhi experts have deemed the tower unsafe for habitation. The audit report of Tower H, submitted […]

Haryana TCP department acts tough, bars IDC defaulters from new projects

CHANDIGARH: The Haryana town and country planning department has put 300 colonizers on notice while barring them from floating new projects as well as giving extension to their existing projects on account of default of clearing arrears of infrastructure development charges (IDC) pending against them. According to information, to start with the department has targeted […]

DTCP issues 100 more notices to house owners for running commercial activities

The enforcement wing of the department of town and county planning (DTCP) on Wednesday issued more than 100 show-cause notices to property owners in private licensed colonies for running commercial establishments in residential houses and plots in violation of rules.DTCP officials said these notices were issued to over 100 property owners in DLF Phase 1 […]

District administration prepares for International Trade Fair in Gautam Budh Nagar

As the much-awaited International Trade Fair approaches, scheduled to take place in Gautam Budh Nagar from September 21 to 25, the district administration is taking proactive measures to ensure a smooth and hospitable experience for visitors, officials said, adding that a meeting was held on Wednesday with the management of premium hotels in the district, […]

Decks cleared for registry of over 1,100 flats in Greater Noida

NOIDA: Soon, 1,139 home buyers from three builder projects in Greater Noida (West), also known as Noida Extension, will finally receive ownership rights as the Greater Noida Authority has granted permission for the registration of these flats. “On Monday, CEO of Greater Noida Authority, N G Ravi Kumar handed over the authorisation letter to the […]

Why Chintels Paradiso’s Tower H is deemed unsafe by IIT-Delhi

GURUGRAM: Extensive corrosion due to chloride in steel reinforcements and poor quality of concrete are the reasons why tower H of Chintels Paradiso can’t be renovated and is unsafe for living, IIT-Delhi experts concluded in their structural audit report. Tower H was the fifth and the latest building to be declared unsafe at the society, […]

Electric bus project for Gurugram and Faridabad to be delayed

The residents of Gurugram and Faridabad will have to wait for more time to travel in air-conditioned electric buses for mass transport as the tender allotted to the firm for supplying 100 of these buses have been scrapped, Haryana transport department officials said on Monday. Officials said the decision was taken by the state government […]

RITES to prepare detailed project report of Metro from Vatika Chowk to Pachgaon

Haryana chief secretary and Haryana Mass Rapid Transport Corporation (HMRTC) chairman Sanjeev Kaushal said on Monday that the preparatory work for the proposed Metro extension from Ballabhgarh to Palwal, covering a distance of approximately 25km, has commenced and the contract for the techno feasibility study has been awarded to RITES (Rail India Technical and Economic […]

WeWork India to lease upto four lakh sq ft space from Panchshil Realty in Pune

NEW DELHI: WeWork India, a flexible workspace provider, has signed a partnership with Panchshil Realty under which it will lease upto four lakh sq ft space from the builder in Pune. The company has already leased Eleven West building having nine floors and about 92,000 sq ft area in Baner. In June 2023, the company […]

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