The Noida authority is set to finalise the rates at which the hired agencies can conduct safety audits of old or under-construction buildings. The Noida authority has selected expert agencies, including Delhi Technological University, IIT Kanpur, MNIT Allahabad, BITS Pilani, AMU Aligarh, MNIT Jaipur, and CBRI Roorkee, to issue safety certificates for housing tower structures, […]
NEW DELHI: Two promoter companies, True North Fund V LLP and Aether Mauritius Ltd, and Warburg Pincus-affiliate Orange Clove Investments BV on Monday offloaded shares of affordable housing finance firm Home First Finance for Rs 330 crore through open market transactions. According to the bulk deal data available with the NSE, True North Fund V […]
GURUGRAM: District authorities on Monday issued a notice asking residents to vacate Towers E and F of Chintels Paradiso Society here within 15 days, months after the two towers were declared unsafe. District Magistrate and Chairman of District Disaster Management Authority Nishant Kumar Yadav issued the order under sections of the disaster management act and […]
GURUGRAM: The enforcement team of MCG on Saturday demolished a building with 30 apartments being illegally constructed in Sukhrali Enclave. The area falls in the restricted zone around the Indian Air Force ammunition depot, where construction is prohibited. The MCG commissioner also suspended and ordered the filing of a chargesheet against a junior engineer for […]
GURUGRAM: A large patch of Aravali terrain has been cleared of trees, flattened, fenced off and turned into walled compounds, some of which have hoardings of farmhouses. Just a kilometre from Golf Course Road Extension, the around 35-acre area under khasra numbers L68/1 and L69 (plot numbers in rural areas) is part of the Aravali […]
GURGAON: The department of town and country planning (DTCP) has sealed five residential buildings in DLF 1 and 2 and South City 2 for violating building norms. Also, a maintenance office set up in the parking lot of an affordable housing project was alsosealed, according to officials. The violators have carried out unauthorised construction in […]
Residents of Ramprastha City in Sector 37D held a protest against the developer for inadequate supply of water. They alleged that recycled water supplied by sewage treatment plants was of poor quality and almost unusable. The developer had taken only a single water connection, which was inadequate to serve the residents, and the water supply […]
The traffic police in Gautam Budh Nagar district have reviewed the accident-prone areas, also known as black spots and said that there are now only 11 such spots, down from the previous 15. According to the ministry of road transport & highways (MORTH), a black spot is a section of road that is approximately 500m […]
The Municipal Corporation of Gurugram (MCG) has started to remove leachate from the Bandhwari landfill and discharge it into the sewage treatment plants (STPs), according to officials. The move came after several complaints were received that the leachate had contaminated water bodies in the Aravalli forests, posing a serious threat to animal life, officials said. […]
US-based fund management company Apex Fund Service LLP has picked up over 53,592 sq ft office space in Pune’s Viman Nagar from property developer Panchshil Realty for a total tenure of five years. The company has leased the office space on the 7th floor of Panchshil Business Park’s tower A with a lock-in period spanning […]
NOIDA: Around 4,000 flats in 20 group housing projects are yet to be registered in the names of the buyers, officials of the Greater Noida Industrial Development Authority (GNIDA) said on Friday. This is despite the developers having paid their dues to the Authority and obtaining approval for registries. The Authority has warned developers of […]
The Supreme Court on Thursday, in an interim order, allowed Noida based realty major Supertech Limited to infuse funds in delayed realty projects and work with the National Company Law Tribunal (NCLT) appointed resolution professional to deliver 20,000 flats in unfinished projects within two years. The order has come as a relief to homebuyers as […]
