News

Arvind SmartSpaces raises Rs 85 crore from investors

NEW DELHI: The board of directors of Arvind SmartSpaces (ASL) has approved the allotment of 68.5 lakh equity share aggregating to about Rs 85 crore to HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and the promoters of ASL at the price of Rs 124/- per share as per SEBI ICDR Regulations 2018, the company […]

About 18,000 Amrapali flat owners have 15 days to stake claim

NOIDA: The names of some 1,800 investors in Amrapali projects in Noida who have not yet staked claim to their flats, were published in the newspapers on Thursday. To resolve the issues of the buyers who had purchased flats in the projects floated by the real estate company in Noida and Greater Noida, the Supreme […]

Property tax amnesty scheme for residents living in Lal Dora, other areas: NDMC

NEW DELHI: The NDMC on Thursday rolled out an amnesty scheme which offers relief in payment of due property tax to people living in areas falling within Lal Dora and several unauthorised regularised colonies, and houses alloted to displaced Kashmiris. The move follows a recent approval to the proposal by the BJP-led NDMC House, ahead […]

Ghaziabad: Six years on, not a single unit delivered under PMAY

GHAZIABAD: The Pradhan Mantri Awas Yojana (PMAY) was launched in 2015 with much fanfare. Six years on, the scheme is yet to provide a single dwelling unit in Ghaziabad to the targeted beneficiaries. In fact, of the 10,850 units sanctioned in the city, the Ghaziabad Development Authority (GDA) is supposed to construct some 3,496 units. […]

South Delhi civic body launches system for real-time project tracking

NEW DELHI: The South Delhi Municipal Corporation (SDMC) has come up with a web-enabled work flow software in order to enhance preparation of estimates, and modification and approval of administrative and technical sanctions of buildings, officials said on Wednesday. The software is being called ‘PRICE’ (Project Information and Cost Estimation). South Delhi Mayor Mukesh Suryan, […]

Greater Noida: Soon, you can get ‘no dues’ certificates for properties online

GREATER NOIDA: Residents and industries in Greater Noida may soon be able to obtain no dues certificates for their properties online with the Greater Noida Industrial Development Authority (GNIDA) set to roll out a trial run of a self-service scheme with 400 industrial allotments in Ecotech sectors 10 and 11 on September 10. If successful, […]

Gurugram civic body earmarks two more sites to dump construction waste

GURUGRAM: In order to tackle the problem of construction and demolition (C&D) waste piling up in the city, the Municipal Corporation of Gurgaon (MCG) has identified two more locations to dump the waste. The MCG has taken five acres of land on lease in Basai and will also make use of nine acres of its […]

Migsun group to complete eight residential towers of a Noida project

Realty developer Migsun group has taken over 8 residential towers of Golf Suites in Pari Chowk, Greater Noida as a project management consultant. The eight towers have a total of 316 units in residential projects and the total investment in eight towers would be Rs 150 core accrued and non-accrued. Migsun’s investment would be through […]

Unique ID code a must to register East Delhi properties

NEW DELHI: If you are planning to register property in east Delhi with the Delhi government revenue department, it would be better to first obtain a Unique Property Identification Code (UPIC) number from East Delhi Municipal Corporation (EDMC). After the civic body approached Delhi government to incorporate UPIC among the documents required for registration to […]

DGCA orders reducing height of Delhi’s Vasant Kunj buildings, residents worry

NEW DELHI: Aviation watchdog Director General of Civil Aviation’s (DGCA) directive to Delhi Development Authority (DDA) to reduce the height of buildings and structures in four apartments — Ganga, Yamuna, Narmada and Saraswati — in D-6 society of Vasant Kunj has left the residents worried. On August 26, the DGCA gave an order to submit […]

Gurugram: 250 acres of Aravali land encroached, finds drone survey

GURUGRAM: A drone survey conducted by the forest department has revealed that violators have encroached on around 250 acres of forest area in the city. Of this, nearly 225 acres fall under the Punjab Land Conservation Act (PLPA), while 25 acres are in the Aravali plantation area. This comes after the department analysed the first […]

Noida authority demolishes illegal structure in Assotech’s housing society

Noida authority has demolished part of a housing society in sector 78, which was constructed illegally. The authority was under scrutiny after the Supreme Court ordered demolition of two illegal towers of Supertech’s Emerald Court. The SC had questioned the role of the authority. “Assotech pvt ltd was given permission to built five residential towers […]

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