After a pause due to the countrywide lockdown, the National Anti-profiteering Authority (NAA) has renewed cracking the whip on property builders for not lowering home prices to pass on tax benefits following the rollout of goods and services tax (GST) in 2017.So far this month, the profiteering regulator has ordered two developers to cut prices […]
NEW DELHI: The Delhi government will undertake construction of 89,400 flats for economically weaker sections and slum dwellers by 2025, according to a statement. The decision was taken in a meeting of the Delhi Urban Shelter Improvement Board (DUSIB) on Friday and it was attended by Chief Minister Arvind Kejriwal. “We have to provide shelter […]
NEW DELHI: Shares of Indiabulls Real Estate Ltd on Tuesday declined over 5 per cent in morning trade after the firm posted a consolidated net loss of Rs 76.01 crore for the quarter ended September. On BSE, the scrip fell 5.28 per cent to Rs 60. Similarly, on NSE, shares of Indiabulls Real Estate dived […]
NEW DELHI: Delhi High Court has asked the resident welfare association (RWA) of a west Delhi colony to approach the civic body to get nine of its gates regularised. Justice Najmi Waziri restrained South Delhi Municipal Corporation (SDMC) from taking any action to demolish gates of a colony in Rajouri Garden, after the local RWA […]
GURUGRAM: The residents of Suncity, a residential township located on Golf Course Road, have alleged that they are being harassed by the RWA of the colony. They have filed a police complaint demanding action after the Suncity RWA raised Value Added Services (VAS) invoice to the residents. “We completely oppose this move. It is unlawful […]
GURUGRAM: District officials demolished around 20 houses and 50 under construction structures in a major demolition drive in Bhondsi on Tuesday. During the six-hour long drive, the enforcement team had to face stiff resistance from the locals who tried to stop the drive forcibly. An agitated crowd of around 300 locals also tried to attack […]
NEW DELHI: Logistics real estate platform ESR has leased 9 lakh square feet of warehousing space to Amazon India at the e-tailer’s upcoming 74-acre facility in Sohna, Gurgaon, said two people with direct knowledge of the deal. In January, ESR had acquired 76.84 acres to build a logistics park with 2.5 million sq ft of […]
GURUGRAM: The developers of licenced colonies, whose takeover by the Municipal Corporation of Gurugram (MCG) was announced two years ago, have neither completed their pending infrastructure work nor paid the civic body to do it on their behalf. The department of town and country planning had in 2018 approved the takeover of Palam Vlhar, Sushant […]
GURUGRAM: The enforcement wing of the department of town and country planning (DTCP) has demolished more than 15 shops and sealed two residential buildings and six shops running illegally in DLF-2, DLF-5 and Suncity. District town planner (enforcement) RS Batth said the enforcement team had visited the area last week after complaints of encroachment from […]
NEW DELHI: The New Delhi Municipal Council (NDMC) on Thursday announced a 10 per cent rebate in the Property Tax Bills paid before December 31 and a 5 per cent rebate for payment till January 31, 2021. “The civic body has already authenticated the assessment list for the year 2020-21 to determine the tax liability […]
GURUGRAM: The municipal area of Gurugram will see a quantum jump by early 2021 with the establishment of a second civic corporation in Manesar, which CM Manohar Lal Khattar announced on Wednesday. Khattar also said the Haryana government would begin work to develop a new city in the Gurugram region – part of the Panchgram […]
GREATER NOIDA: The Gautam Budh Nagar administration has begun the identification process of villages to be covered under the Centre’s ambitious Svamitva Scheme. Survey of India has fixed the date and schedule for the district to carry out the identification exercise and a team from the body is expected to arrive at the NTPC’s Dadri […]
