News

Suraksha Group offers to build 20,000 Jaypee Infratech flats

NOIDA: Suraksha Group, the resolution applicant approved by the National Company Law Tribunal (NCLT) to complete projects of Jaypee Infratech Ltd (JIL), has submitted a proposal, agreeing to build 20,000 flats and offer additional compensation to farmers. The proposal will now be evaluated by financial consultant Currie and Brown. The Yamuna Expressway Industrial Development Authority […]

DDA’s FCFS scheme: Around 25% flats booked in 10 days

NEW DELHI: Around 25 per cent of the 5,500 flats on offer as part of an ongoing housing scheme of the Delhi Development Authority (DDA), has been booked since July 10, officials said on Friday. The DDA on June 30 launched on a first-come, first-serve (FCFS) basis a housing scheme that includes 5,500 flats across […]

Gurugram: Illegal colony built in Sultanpur park buffer zone razed

GURUGRAM: The department of town and country planning (DTCP) has razed a farmhouse colony that was being built on 20 acres of land in the no-construction area near Sultanpur national park. The enforcement team dismantled the road and sewerage network and boundary wall of the upcoming colony. Apart from this, three more illegal colonies on […]

Mahira homebuyers stage protest against delay in flat delivery

Around 200 buyers of Mahira Homes project in Sector 68 gathered at the developer’s office on Golf Course on Friday and carried out a protest against the delay in delivery of flats and lack of construction activities on the site.The buyers alleged that while the project was to be completed in August 2022, there has […]

Ramprastha homebuyers get 20 crore in delayed compensation from developer

Around 200 flat owners represented by the Ramprastha City residents’ welfare association (RWA) in Sector 37D have won a delayed compensation of 20 crore from the developer after a long battle in the National Consumer Disputes Redressal Commission (NCDRC). It is noteworthy to mention that the flat owners managed to get assets worth 20 crore […]

Sanitation workers to get rewarded in Greater Noida

The Greater Noida authority chief executive officer NG Ravikumar has decided to reward sanitation workers occasionally for their performance if they will do their job properly. The move is aimed at cleaning the city and preparing for upcoming Swachhta survey- 2023-24, said officials. He has directed the staff and all contractors engaged in the work […]

NHAI nod to integrate Dwarka e-way with sector roads in Gurugram

The National Highways Authority of India (NHAI) on Saturday agreed to acquire land at eight points on the Dwarka Expressway under the NHAI Act to connect sector roads in the city with the highway. The proposal was approved in principle by NHAI chairman Santosh Kumar Yadav, who conducted an inspection of the Gurugram stretch of […]

Yamuna Authority introduces OTS scheme to help beneficiaries pay Rs 4,400 crore dues

NOIDA: The Yamuna Authority has introduced a one-time settlement (OTS) scheme to help beneficiaries of EWS, LIG, MIG, residential plots, and 7% of Abadi plots pay their dues. The OTS initiative is expected to benefit around 10,000 people, who owe around Rs 4,439 crore to the Authority. Approved during a board meeting on June 26, […]

DDA’s FCFS scheme: Around 25% flats booked in 10 days

NEW DELHI: Around 25 per cent of the 5,500 flats on offer as part of an ongoing housing scheme of the Delhi Development Authority (DDA), has been booked since July 10, officials said on Friday. The DDA on June 30 launched on a first-come, first-serve (FCFS) basis a housing scheme that includes 5,500 flats across […]

MCG to streamline solid waste management project

Gurugram: The Municipal Corporation of Gurugram (MCG) will install CCTV cameras at all the 35 secondary waste points across the city and monitor the spots to ensure timely collection of waste, officials said on Friday.Officials said they were receiving complaints from residents regarding poor management at the waste sites and irregular door- to-door garbage collection. […]

DTCP notifies new rates for affordable housing projects

The department of town and country planning (DTCP) on Thursday notified new rates for affordable group housing projects, increasing the price of affordable flats from 4,200 per square foot (sq ft) to 5,000 per sq ft in Gurugram, Faridabad, Panchkula, Pinjore and Kalka.The rates of balcony have also been increased from 1,000 per sq ft […]

Builders, investors chalk out plan to cash in on growing demand for student housing

The student housing sector is emerging to be a sought-after asset class amongst investors and builders, given the rising demand for quality student accommodation. Many private investors and developers plan to expand into student housing facilities in India, with the existing operators like CUIB by JV Venture, Your Space, Stanza Living, and Olive by Embassy […]

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