News

South Delhi civic body deseals all 11 farmhouses on SC’s direction

NEW DELHI: South Delhi Municipal Corporation (SDMC) on Monday desealed 10 residential farmhouses in Vasant Kunj sealed last year on the direction of the Supreme Court-appointed monitoring committee. Another property was desealed on Friday evening. The Supreme Court on Friday ordered desealing of these 11 residential premises that had faced action for allegedly flouting norms […]

Haryana: Around 100 villas in Royale Orchards under DTCP scanner

GURUGRAM: Around 100 villas, costing several crores each and sold years ago, have now come under the government’s scanner for alleged violation of norms. Located off the Delhi-Jaipur highway and spread across 22 acres in a quiet neighbourhood, Mittal’s Royale Orchards is home to around 100 families. The department of town and country planning (DTCP) […]

Gurugram: Buyers protest over new tower, M3M says got government approval

GURUGRAM: Residents of M3M Merlin in Sector 67 have launched a unique banner campaign to protest against the developer. Alleging that the developer illegally obtained approval for constructing an extra tower in the society, residents have hung banners from their balconies cautioning prospective home buyers from investing in the project. The builder, M3M Group, has […]

Gurugram: Seven farmhouses being constructed in Budhera razed

GURUGRAM: Seven farmhouses being developed on 12-acre land in Budhera area were demolished by the enforcement team of town and country planning department (DTCP) on Monday afternoon. According to the officials, the farmhouses were developed by Verma Farms near SGT University without DTCP’s permission. “The seven farmhouses were being built violating several norms mentioned in […]

Noida: Panchsheel issues penalty notices for delay in payment by buyers

GREATER NOIDA: A group of nearly 20 buyers in Panchsheel Pinnacle — a tower in Panchsheel Greens — have been issued penalty notices for a delay in payment of dues. The builders have asked the homebuyers to pay an 18% interest on their settlement amounts, which has now left them with additional bills to the […]

Sobha to focus on sales of Rs 11,000 crore housing units in ongoing projects

Leading realty firm Sobha Ltd will focus on selling housing units worth Rs 11,000 crore in ongoing projects over the next few years, and will be cautious in launching new projects amid the Covid-19 pandemic, a top company official said. In an interview with PTI, Sobha Ltd Vice Chairman and Managing Director J C Sharma […]

WeWork India offers discount up to 50% to gain new clients

NEW DELHI: Co-working firm WeWork India on Thursday announced discounts up to 50 per cent for 3 months and free access to its members to over 800 centres globally, as part of its strategy to attract new clients amid the COVID-19 pandemic. The company globally has 828 centres in over 149 cities and 38 countries. […]

EIA must before construction above Bhikaji Cama Place metro station: NGT

NEW DELHI: The National Green Tribunal has said Environment Impact Assessment (EIA) and carrying capacity studies must be carried out before construction above the Bhikaji Cama Place metro station here by DMRC. The green panel took note of a report filed by Principal Chief Conservator of Forest which said inspection at the metro station at […]

Delhi court pulls up Miniso Life Style for non-payment of rent

NEW DELHI: A Delhi court has pulled up a subsidiary of Japanese designer lifestyle brand Miniso for non-payment of rent for leased property here during the COVID-19 lockdown, saying the company had no dearth of money and directed it to clear all arrears within seven days. The court said in its interim order that there […]

CBI conducts searches over illegal use of land to raise Ambience Mall in Gurugram

NEW DELHI: The CBI on Monday conducted searches at four locations after filing a case of illegal conversion of residential land to raise the swanky Ambience Mall in Gurgaon, officials said. The CBI has registered an FIR on the orders of Punjab and Haryana High Court which had termed the mall illegal. The High Court […]

Gurugram civic body mops up Rs 100 crore in property tax in July alone

GURUGRAM: The Municipal Corporation of Gurugram (MCG), which had been struggling hard to collect revenues during the lockdown, has been able to mop up Rs 100 crore in the form of property tax in July alone. This might bring some relief to the cash-strapped civic body, but officials expressed doubt if it would be able […]

Noida continues to drive office space leasing in NCR as companies take advantage of low rents

NEW DELHI: Noida, which touched a decadal high in office space leasing during the first half of 2020, is continued to be the preference of companies looking for office space in areas with low rental. Spaciya Advisors, a Noida-based real estate consultancy firm has concluded five deals of 1.5 lakh square feet of office spaces […]

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