NEW DELHI: Realty major DLF on Friday reported a 48 per cent decline in its consolidated net profit at Rs 232.14 crore for the quarter ended September. Its net profit stood at Rs 445.83 crore in the year-ago period. Total income fell to Rs 1,723.09 crore in the second quarter of this fiscal from Rs […]
GURUGRAM: The department of town and country planning (DTCP) will now recover the cost of demolition of illegal colonies from its developers and property dealers. The department is going to issue recovery notices against the developers of illegal colonies against which DTCP had carried out demolition drives in past few years. The cost will include […]
GURUGRAM: Eleven villages in Gurugram district of Haryana have been declared ‘Lal Dora-free’ as a Survey of India team has completed its survey there, officials said on Friday. In the second round, a survey and mapping of 49 villages in Sohna Tehsil has been started under a pilot project on land ownership plan in Gurugram […]
GREATER NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Thursday launched 14 commercial plot schemes and 11 fuel petrol/diesel/CNG/electric vehicle charging) station plots including space for retail outlets and ATMs. A commercial plot scheme has been launched for interested builders, developers and investors which will be allotted by E-auction. This scheme will be floated […]
NOIDA: Noida Authority GM Rajeev Tyagi visited sectors 50, 47, 28, 29 and 37 where RWAs demanded unsold shops be put on rent to facilitate local market, a bus shelter, a clubhouse, cleaning of vacant plots, repair of boundary wall and connecting small drain to the big drain in sector 47, FOB at sector 28 […]
GURUGRAM: The Municipal Corporation of Gurgaon (MCG) has barely collected 15% of the projected property tax collection of Rs 1,100 crore this year. The civic body has been struggling to recover taxes and other dues, which add up to more than Rs 570 crore, for many years now. According to a state report, MCG tops […]
MUMBAI: Residential launches across India’s top eight property markets have witnessed a major upturn with 68 per cent jump during the quarter ended September over the previous quarter that was marked by the lockdowns owing to the outbreak of Covid19 pandemic. The growth in housing launches was led by Hyderabad, Kolkata, Mumbai and Pune. Launches […]
NEW DELHI: Co-working major WeWork will focus on achieving profitable growth globally, including in India, in 2021 by increasing the occupancy level of its real estate portfolio, the company’s CEO Sandeep Mathrani said. Further, Softbank backed-WeWork will revisit its plan to launch an initial public issue (IPO) only after it becomes profitable, said Mathrani, who […]
GURUGRAM: Residents of DLF-2 and 3 have approached the department of town and country planning (DTCP) seeking action against rampant illegal construction going on in the area by some plot owners in violation of the building norms. Sudhir Wahi, a resident of DLF-2, said unauthorised construction being carried out by one of his neighbours, Parveen […]
NEW DELHI: The Supreme Court-mandated Environment Pollution (Prevention and Control) Authority (EPCA) on Wednesday granted exemption to the Haryana government on use of diesel generator sets for 20 cases till November 30. EPCA had enforced Graded Response Action Plan (GRAP) from October 15 onwards banning the use of diesel generator sets in Delhi and its […]
GURUGRAM: Property owners in Gurugram can lose their water and sewage connections if they fail to clear their property tax dues by October 31, officials of the Municipal Corporation of Gurugram (MCG) said on Wednesday. According to the MCG officials, as per the notification issued by the Haryana government, only three days are left to […]
NEW DELHI: PNB Housing Finance on Wednesday reported a 15 per cent decline in net profit at Rs 313 crore for the quarter ended September. The housing finance company had posted a net profit of Rs 367 crore during the corresponding period of the previous fiscal. Total revenue during the July-September period of FY21 declined […]
