News

DTCP asks Chintels flat owners to get evaluation done within a week

The department of town and country planning (DTCP) on Friday said it has asked owners of flats in towers E and F of Chintels Paradiso condominium in Sector 109 to get evaluation of flat interiors done within two weeks, and treat this period as the final deadline for the exercise. DTCP officials said 96 of […]

Registry ban imposed on Chintels after Paradiso cave-in now lifted

GURUGRAM: In a move that is likely to speed up the compensation process for flat owners of towers D, E and F of Chintels Paradiso, the panel constituted to discuss issues pertaining to these three buildings has revoked the ban on registries of properties owned by the developer. The developer, Chintels India, had earlier claimed […]

Farmhouse compounds found on protected Aravali land in seven villages

GURUGRAM: The forest department has found illegal construction of farmhouses in around 50 acres of land that falls under the protected Aravali plantation area across seven villages in Gurgaon. Officials said on Wednesday they issued 50 notices, which give defaulters until the end of the month to remove the structures. If they don’t clear the […]

Fire at Noida’s vacant plot completely doused after six days

Gautam Budh Nagar chief fire officer Pradeep Kumar Chuabey said the flames were fully doused on Monday night but got reignited on Tuesday morning.The fire at the vacant plot in Noida’s Sector 32 was completely extinguished on Tuesday after six days of continuous firefighting operations. Gautam Budh Nagar chief fire officer Pradeep Kumar Chuabey said […]

To ease traffic flow, Gurugram admin opens Central Periphery Road

The CPR is basically a part of the package four of the Dwarka Expressway and work has been ongoing at this section since 2019 In a major relief for commuters, the Gurugram district administration on Wednesday said that traffic on the Central Peripheral Road (CPR) has been opened. Gurugram deputy commissioner Nishant Yadav said that […]

Mankind Pharma’s director sells Vasant Vihar bungalow for Rs 91 crore

Poonam Juneja, a Director at Mankind Pharma and wife of Ramesh Juneja, Chairman of the company, has recently sold a bungalow in Delhi’s Vasant Vihar for Rs 91 crore. The purchasers of the property are Dhruv Malhotra, Dakhsh Malhotra, and Ranjana Malhotra from Everest Pressure & Vacuum Systems. To complete the transaction, the Malhotra family […]

Global Net Lease to buy Necessity Retail REIT in $950 million all-stock deal

BENGALURU: Global Net Lease Inc will acquire Necessity Retail REIT Inc in an all-stock deal that would value the combined entity at about $950 million, the companies said late on Tuesday. The shareholders of Necessity Retail REIT would receive 0.670 shares of Global Net Lease (GNL) for each Necessity share held, representing a total of […]

Gurugram lifts ban on registration of properties developed by Chintels

The district administration on Wednesday revoked the ban imposed on registration of properties developed by Chintels India Limited, after the developer submitted that it won’t be able to settle the claims of home owners of Chintels Paradiso in Sector 109 unless registration of property in its other projects is allowed to raise funds. The decision […]

Amrapali Centurian in Greater Noida West in the dark for the past two days

After remaining without electricity for two days amid the sweltering heat, frustrated residents of Amrapali Centurian Park in Greater Noida West on Tuesday raised their voices against NBCC India Limited, the agency that has stepped in to finish stuck Amrapali projects, and demanded that it takes urgent steps to restore power and address their repeated […]

Registries of almost 1,100 flats approved but held up by builders: Noida Authority

NOIDA: The Noida Authority has said subleased deeds, or registries, of 1,097 flats in 21 group housing projects in the city can be executed but are held up by the real estate developers, who are not getting the work done in favour of home buyers. The projects are located in Sector 75, 78, 121, 137, […]

Krisumi Corporation to invest Rs 300 crore in phase-2 of Gurugram project

Krisumi Corporation, a collaboration between Japanese conglomerate Sumitomo Corporation and Indian auto components firm Krishna Group, will invest Rs 300 crore to develop around 400,000 sq ft as part of phase 2 of 30.38-acre housing project “Krisumi City” at Sector 36A, Gurugram, a senior executive said. Both the partners have put the initial capital and […]

Delhi LG back in action, views landfill projects in city

Lieutenant governor VK Saxena, who heads a high-level committee on waste management constituted by the National Green Tribunal (NGT), on Tuesday said that the bio-remediation work to flatten Delhi’s three landfill sites has gathered pace and is expected to reach a removal rate of 900,000 tonne per month soon. Saxena made the remark after visiting […]

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